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Competence development in start-ups and SMEs: what is the role of higher education institutions as cooperation partners?

Author

Listed:
  • Norbert Kailer
  • Monika Thum-Kraft

Abstract

Competence development is a key competitive factor for small and medium-sized enterprises (SMEs). In the last few years, cooperation schemes between SMEs and higher education institutions (HEIs) have increased in quantity and intensity. The online survey among 4,050 Austrian companies examines the role of HEIs as cooperation partners in corporate competence development for SMEs and shows that cooperation with HEIs depends on the firm size. SMEs see the target group for HEIs mainly on management level, young executives, and specialists. Companies cooperate with HEIs mainly to keep specialist knowledge updated, to improve their access to students as potential future staff members and to increase their reputation. The initiative for cooperation projects is taken by company staff rather than by HEIs. SMEs' main selection criteria are a high degree of practical experience and didactic qualifications of the staff as well as a flexible programme provision.

Suggested Citation

  • Norbert Kailer & Monika Thum-Kraft, 2011. "Competence development in start-ups and SMEs: what is the role of higher education institutions as cooperation partners?," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 3(3), pages 248-261.
    • Handle: RePEc:ids:ijeven:v:3:y:2011:i:3:p:248-261
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