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Innovation among SMEs in Finland: The impact of stakeholder engagement and firm-level characteristics

2021

PURPOSE: The aim of the paper is to analyse the importance of both internal capabilities (resources) and external information sources in implementing product, process, marketing and organizational innovations aiming to maximize firm competitive advantage and create value for stakeholders. Furthermore, in particular, we examine the role of public organizations, business networks, firm size, and the industry sector, in the emergence of different types of product, process, marketing, and organizational innovations. The research was based on the typology of innovation (product, process, marketing, and organizational) adopted by the OECD. METHODOLOGY: The paper is based on data from 389 SMEs loc…

HF5001-6182Process (engineering)media_common.quotation_subjectStakeholder engagementSMEsCompetitive advantagestakeholdersinnovaatiotoimintaOriginalityManagement of Technology and InnovationsmesManagement. Industrial managementBusinessProduct (category theory)sidosryhmätteollisuusBusiness and International ManagementIndustrial organizationmedia_commonliiketoimintaympäristöProduct innovationbusiness.industrySpecific-informationfirm sizeHD28-70external information sourcesinnovationinnovaatiotTourism Leisure and Hospitality Managementindustry sectorThe InternetBusinessinternal capabilitiespienet ja keskisuuret yrityksetteollisuusyrityksetJournal of Entrepreneurship, Management and Innovation
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