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Innovation management practices: review and guidance for future research in SMEs

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  • Vanessa Pertuz

    (Universidad de Santander)

  • Adith Pérez

    (Universidad de Santander)

Abstract

This article aims to identify the innovation management practices used by companies worldwide and referenced in the scientific literature. This study employed a scoping review methodology proposed by Manchado et al. (Medicina y seguridad del trabajo 55:12–19, 2009). A total of 322 documents were located and screened by two reviewers. After we applied the inclusion and exclusion criteria, 19 articles were analysed in depth. This article identifies the innovation management practices used by different kinds of companies, focusing on small and medium-sized enterprises. The review found a total of 116 practices, grouped into 13 categories. These categories were classified based on the innovation management process. The practices most frequently cited by authors were the application of project management fundamentals, product changes and process improvements, idea generation techniques, and practices related to human talent management for innovation. This article provides a framework of good practices for companies that wish to improve their innovation management process.

Suggested Citation

  • Vanessa Pertuz & Adith Pérez, 2021. "Innovation management practices: review and guidance for future research in SMEs," Management Review Quarterly, Springer, vol. 71(1), pages 177-213, February.
    • Handle: RePEc:spr:manrev:v:71:y:2021:i:1:d:10.1007_s11301-020-00183-9
    DOI: 10.1007/s11301-020-00183-9
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    References listed on IDEAS

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    1. Khosravi, Pouria & Newton, Cameron & Rezvani, Azadeh, 2019. "Management innovation: A systematic review and meta-analysis of past decades of research," European Management Journal, Elsevier, vol. 37(6), pages 694-707.
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    3. Marcel Bogers & Ann-Kristin Zobel & Allan Afuah & Esteve Almirall & Sabine Brunswicker & Linus Dahlander & Lars Frederiksen & Annabelle Gawer & Marc Gruber & Stefan Haefliger & John Hagedoorn & Dennis, 2017. "The open innovation research landscape: established perspectives and emerging themes across different levels of analysis," Industry and Innovation, Taylor & Francis Journals, vol. 24(1), pages 8-40, January.
    4. Tor Helge Aas & Karl Joachim Breunig & Katja Maria Hydle & Per Egil Pedersen, 2015. "Innovation Management Practices In Production-Intensive Service Firms," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 19(05), pages 1-28.
    5. Prateek Modi & A. M. Rawani, 2020. "Drivers of Innovation Practices in SMEs: A Literature Review," International Journal of E-Entrepreneurship and Innovation (IJEEI), IGI Global, vol. 10(1), pages 28-40, January.
    6. Gabriele Santoro, 2017. "Innovation in small and medium enterprises: the impact of open innovation practices on firm's performance," Global Business and Economics Review, Inderscience Enterprises Ltd, vol. 19(5), pages 508-520.
    7. Paul Jackson & Nancy Richter, 2017. "Situational Logic: An Analysis Of Open Innovation Using Corporate Accelerators," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 21(07), pages 1-21, October.
    8. Boly, Vincent & Morel, Laure & Assielou, N’Doli Guillaume & Camargo, Mauricio, 2014. "Evaluating innovative processes in french firms: Methodological proposition for firm innovation capacity evaluation," Research Policy, Elsevier, vol. 43(3), pages 608-622.
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    Cited by:

    1. Frank Ranganai Matenda & Mabutho Sibanda & Eriyoti Chikodza & Victor Gumbo, 2022. "Bankruptcy prediction for private firms in developing economies: a scoping review and guidance for future research," Management Review Quarterly, Springer, vol. 72(4), pages 927-966, December.

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    More about this item

    Keywords

    Innovation management practices; Innovation management; Scoping review;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O36 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Open Innovation

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