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Radical innovation in medium-sized enterprises: an exploratory study of strategic intent and innovation process

Author

Listed:
  • Richard DeMartino
  • Heidi M. Neck
  • Patricia A. Dwyer
  • Connie Treese

Abstract

There is a significant and growing body of research on radical innovation as a path to corporate renewal and growth. Despite this existing literature, very little is known regarding the role of radical innovation in medium-sized enterprises (MSEs). The vast majority of radical innovation knowledge emerges from research on large established companies. Employing a qualitative and exploratory methodology to examine the radical innovation efforts in nine MSEs, we found that radical innovation tends to be narrowly defined, closely aligned with current businesses, and market-driven. Processes are both formal and ad-hoc but in general lack separation from incremental innovation processes.

Suggested Citation

  • Richard DeMartino & Heidi M. Neck & Patricia A. Dwyer & Connie Treese, 2012. "Radical innovation in medium-sized enterprises: an exploratory study of strategic intent and innovation process," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 15(3), pages 216-234.
  • Handle: RePEc:ids:ijeima:v:15:y:2012:i:3:p:216-234
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