Organisational factors, anticipated rents and commercialisation in SMEs

Do, Hang, Mazzarol, Tim, Geoffrey, Soutar, Volery, Thierry and Reboud, Sophie (2018) Organisational factors, anticipated rents and commercialisation in SMEs. International Journal of Innovation Management, 22(2), ISSN (print) 1363-9196

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Abstract

The study investigates the relationship between organisational factors and the anticipated returns to the commercialisation of an innovation within small to medium enterprises (SMEs). Using a large multi-country sample, the analysis involved a structural equation model of seven organisational factors associated with the management of innovation, and their relationship with the anticipated volume of sales, profitability and lifecycle of the innovation. Significant relationships were found between the possession of an innovation strategy and formal commercialisation management, and optimism over sales volumes and lifecycle. The study provides new insights into the resource-based view and theory of entrepreneurial rents, strengthening SME owner-managers’ assessment on future investments in innovation and how to utilise their best capabilities. Policy makers also gain more insights into the commercialisation process within SMEs to foster the innovation orientation in both high and low tech sectors.

Item Type: Article
Research Area: Business and management studies
Faculty, School or Research Centre: Faculty of Business and Law
Faculty of Business and Law > Small Business Research Centre
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Depositing User: Hang Do
Date Deposited: 16 Jun 2017 07:27
Last Modified: 05 Apr 2018 15:18
URI: http://eprints.kingston.ac.uk/id/eprint/38374

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