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Organisational factors, anticipated rents and commercialisation in SMEs

Organisational factors, anticipated rents and commercialisation in SMEs
Organisational factors, anticipated rents and commercialisation in SMEs
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.
Do, Hang
98fe3248-9673-4c6a-8f9a-74cf68a59930
Mazzarol, Tim
54558db0-c245-4045-8ac4-7097998408d6
Soutar, Geoffrey N.
373d0578-41b9-4c4b-8568-569bd264bd2d
Volery, Thierry
6d5228ef-1b0e-4edb-b5d0-d385c9ef0b91
Reboud, Sophie
4ef05b41-e99d-46f0-8439-80a1d3859f9e
Do, Hang
98fe3248-9673-4c6a-8f9a-74cf68a59930
Mazzarol, Tim
54558db0-c245-4045-8ac4-7097998408d6
Soutar, Geoffrey N.
373d0578-41b9-4c4b-8568-569bd264bd2d
Volery, Thierry
6d5228ef-1b0e-4edb-b5d0-d385c9ef0b91
Reboud, Sophie
4ef05b41-e99d-46f0-8439-80a1d3859f9e

Do, Hang, Mazzarol, Tim, Soutar, Geoffrey N., Volery, Thierry and Reboud, Sophie (2018) Organisational factors, anticipated rents and commercialisation in SMEs. International Journal of Innovation Management, 22 (2). (doi:10.1142/S1363919618500184).

Record type: Article

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.

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More information

e-pub ahead of print date: 12 June 2017
Published date: 2018

Identifiers

Local EPrints ID: 437432
URI: http://eprints.soton.ac.uk/id/eprint/437432
PURE UUID: 5ea5e335-c9b7-40d9-a0f5-2457c1976d9b
ORCID for Hang Do: ORCID iD orcid.org/0000-0001-8560-8119

Catalogue record

Date deposited: 30 Jan 2020 17:36
Last modified: 28 Apr 2022 02:29

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Contributors

Author: Hang Do ORCID iD
Author: Tim Mazzarol
Author: Geoffrey N. Soutar
Author: Thierry Volery
Author: Sophie Reboud

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