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Identifying key determinants for new product introductions and firm performance in small service firms

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  • Patrick A.M. Vermeulen
  • Jeroen P.J. De Jong
  • K.C. O'shaughnessy
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    Abstract

    Small firms have gained increasing attention in the innovation literature. Focusing mainly on manufacturing based literature we identified several key factors that contribute to the innovative potential of small firms. However, we do not know if these factors are recognised and used in small service firms. Distinguishing various types of service industries, our goal with this paper is threefold. First, we describe to what extent service firms use the key factors to their advantage. Second, we try to establish if there is a relation between the key factors and new product introductions. Third, we want to see if new product introductions indeed contribute to firm performance. After a survey among 502 Dutch service firms, we reveal some major differences between various types of service industries.

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    File URL: http://hdl.handle.net/10.1080/02642060500100783
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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal The Service Industries Journal.

    Volume (Year): 25 (2005)
    Issue (Month): 5 (July)
    Pages: 625-640

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    Handle: RePEc:taf:servic:v:25:y:2005:i:5:p:625-640

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    Web page: http://www.tandfonline.com/FSIJ20

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    Cited by:
    1. Rosenbusch, Nina & Brinckmann, Jan & Bausch, Andreas, 2011. "Is innovation always beneficial? A meta-analysis of the relationship between innovation and performance in SMEs," Journal of Business Venturing, Elsevier, vol. 26(4), pages 441-457, July.
    2. H. T. Tran & E. Santarelli, 2013. "Revisiting Italian Emigration Before the Great War: A Test of the Standard Economic Model," Working Papers wp909, Dipartimento Scienze Economiche, Universita' di Bologna.

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