Innovation process and performance in small- to medium-sized firms: A conceptual framework

College

Ramon V. Del Rosario College of Business

Department/Unit

Business Management

Document Type

Article

Source Title

DLSU Business and Economics Review

Volume

19

Issue

1

First Page

71

Last Page

80

Publication Date

1-1-2009

Abstract

This study maps out the innovation process in Small and Medium Enterprises (SMEs) that can fundamentally affect business performance. The development of the conceptual framework can be used to encourage and enhance successful innovation management for SMEs. Overall, effective innovation is based on managing this process as a whole and on building up capacity and competency at each stage in the innovation. The framework put forth in this study is being proposed to be used as template for the development of a management development program for SMEs' owner-managers and as a practical tool for diagnosing SMEs' support systems. © 2009 De La Salle University, Manila, Philippines.

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Digitial Object Identifier (DOI)

10.3860/ber.v19i1.1114

Disciplines

Business Administration, Management, and Operations

Keywords

Technological innovations; Small business; Research and development projects

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