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Performance Effects of External Search Strategies in European Small and Medium‐Sized Enterprises

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  • Dragana Radicic
  • Geoffrey Pugh

Abstract

There is little evidence regarding the performance impact of open innovation on small and medium‐sized enterprises (SMEs), especially across different firm‐size categories and sectors. Using new survey data from 28 European countries, we specify ordered logit and generalized proportional odds models to explore how seven individual external search strategies (knowledge sources) affect SME innovation performance across different size categories and sectors. While we find some consistently positive effects, in particular from using customers as an external knowledge source, we also find that some search strategies may not be beneficial. These findings suggest managerial and policy implications.

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  • Dragana Radicic & Geoffrey Pugh, 2017. "Performance Effects of External Search Strategies in European Small and Medium‐Sized Enterprises," Journal of Small Business Management, Taylor & Francis Journals, vol. 55(S1), pages 76-114, December.
    • Handle: RePEc:taf:ujbmxx:v:55:y:2017:i:s1:p:76-114
    DOI: 10.1111/jsbm.12328
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    Cited by:

    1. Franzò, Simone & Doppio, Nicola & Natalicchio, Angelo & Frattini, Federico & Mion, Luca, 2023. "Designing innovation contests to support external knowledge search in small and medium-sized enterprises," Technovation, Elsevier, vol. 121(C).

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