Performance effects of external search strategies in European small and medium-sized enterprises

Radicic, Dragana and Pugh, Geoff (2017) Performance effects of external search strategies in European small and medium-sized enterprises. Journal of Small Business Management, 55 (51). pp. 76-114. ISSN 0047-2778

Full content URL: https://doi.org/10.1111/jsbm.12328

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Abstract

There is little evidence regarding the performance impact of open innovation on SMEs, especially across different firm-size categories and sectors. Using new survey data from 28 European countries, we specify ordered logit and generalized proportional odds models to explore how seven individual external search strategies (knowledge sources) affect SME innovation performance across different size categories and sectors. While we find some consistently positive effects, in particular from using customers as an external knowledge source, we also find that some search strategies may not be beneficial. These findings suggest managerial and policy implications.

Keywords:Open innovation, SMEs, External search strategy
Subjects:N Business and Administrative studies > N100 Business studies
Divisions:Lincoln International Business School
ID Code:26871
Deposited On:31 Mar 2017 10:21

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