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R&D - Strategic elements for innovation and market success

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Author Info

  • Alfred Spielkamp

    (University of Applied Sciences Gelsenkirchen)

  • Christian Rammer

    (Centre for European Economic Research (ZEW) Mannheim)

Abstract

Innovation management in SMEs means not only the operational control of processes, but also the strategic management of the company. A fundamental component of strategic innovation management is the long-term decision to innovate, which is accompanied by the need to establish structures and to provide resources for the acquisition of technology. Therefore, continuous research and development (R&D) is decisive in driving the success of the innovation process onto the market. The empirical analyses of R&D management and innovation success in SMEs uses data from the Third and Fourth Community Innovation Survey (CIS3 and CIS4), and discusses the following topics: firstly, some descriptive statistics on R&D in European SME's, and in this context a brief discussion of R&D as a core business competence; secondly, the determining factors of R&D in SME's; finally, the influence of R&D on market success.

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Bibliographic Info

Article provided by Economic Publishing House in its journal Management & Marketing.

Volume (Year): 1 (2006)
Issue (Month): 4 (Winter)
Pages:

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Handle: RePEc:eph:journl:v:1:y:2006:i:4:n:1

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Related research

Keywords: Innovation Management; Small Business Strategies; Strategic Management; Research and Development (R&D);

References

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  1. F. M. Scherer & Dietmar Harhoff & J, rg Kukies, 2000. "Uncertainty and the size distribution of rewards from innovation," Journal of Evolutionary Economics, Springer, vol. 10(1), pages 175-200.
  2. Czarnitzki, Dirk & Spielkamp, Alfred, 2000. "Business services in Germany: bridges for innovation," ZEW Discussion Papers 00-52, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  3. Wesley M. Cohen & Richard R. Nelson & John P. Walsh, 2000. "Protecting Their Intellectual Assets: Appropriability Conditions and Why U.S. Manufacturing Firms Patent (or Not)," NBER Working Papers 7552, National Bureau of Economic Research, Inc.
  4. Licht, Georg & Harhoff, Dietmar, 1993. "Das Mannheimer Innovationspanel," ZEW Discussion Papers 93-21, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  5. Acs, Zoltan J & Audretsch, David B, 1988. "Innovation in Large and Small Firms: An Empirical Analysis," American Economic Review, American Economic Association, vol. 78(4), pages 678-90, September.
  6. Ian Miles & Johan Hauknes, . "Services in European Innovation Systems - A review of issues," STEP Report series 199606, The STEP Group, Studies in technology, innovation and economic policy.
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Cited by:
  1. Peter Voigt & Pietro Moncada-Paterno-Castello, 2012. "Projection of R&D-intensive enterprises' growth to the year 2020: Implications for EU policy?," JRC-IPTS Working Papers JRC69761, Institute for Prospective and Technological Studies, Joint Research Centre.

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