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Innovation Strategies and Performance in Small Firms (Hardcover)
Loot Price: R4,023
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Innovation Strategies and Performance in Small Firms (Hardcover)
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Exploring the scope, breadth and depth of innovation in small
firms, the authors of this book employ a rich array of survey data
to analyze the operating characteristics of dynamic small-firm
populations. They investigate the strategies and activities that
small firms pursue at different stages in their lifecycles and in
different competitive environments, as well as which business
skills are associated with survival, innovation, growth and high
performance. John Baldwin and Guy Gellatly find that the strategic
decisions young firms make play a critical role in determining
their odds for survival and growth. New small firms survive by
developing a core set of business skills - skills related inter
alia to management, human resources, marketing and financing.
Advanced innovation capabilities related to R&D and technology
set high-performance firms apart from other businesses.
Industry-level differences in product lifecycle, production
activity, competitive intensity and the science base all influence
the nature of small-firm innovation. Unique features of this volume
include: * comprehensive strategic profiles representative of
small-firm populations * information from business surveys and
administrative data sources for a better understanding of how
strategies and activities relate to firm performance * an
exploration of how small-firm strategies and activities vary across
a diverse range of operating environments - from manufacturing to
services to science-based environments. Researchers and students
interested in small firms and entrepreneurship will benefit from
the wealth of new data that investigates relationships between
business strategies, innovation and performance. Those interested
in industrial organization, innovation and firm turnover will
appreciate the new data on how small-firm strategies vary in
different competitive environments and at different stages of the
entry and exit process.
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