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Barriers to innovation for SMEs: empirical evidence from Greece

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  • Panagiotis Piperopoulos

Abstract

The present research, conducted in Greece, concentrates on assessing the innovative performance of Small to Medium Enterprises (SMEs). After a short outline of the theoretical aspects of the concept of innovation, this paper presents the main management characteristics of the responding firms and the selected results concerning innovative activities within the firms, as well as obstacles to innovation. The findings point to the fact that 'old' management techniques, bureaucratic structures, lack of financial support by governmental sources and the lack of university–business cooperation hinder the process of innovation in Greek SMEs. Based on the findings and taking into consideration the international literature, some conclusions and recommendations are made for future research and policy implications.

Suggested Citation

  • Panagiotis Piperopoulos, 2007. "Barriers to innovation for SMEs: empirical evidence from Greece," International Journal of Business Innovation and Research, Inderscience Enterprises Ltd, vol. 1(4), pages 365-386.
    • Handle: RePEc:ids:ijbire:v:1:y:2007:i:4:p:365-386
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    Cited by:

    1. Ozlem CETINKAYA BOZKURT & Adnan KALKAN, 2014. "Business Strategies of SME’s, Innovation Types and Factors Influencing Their Innovation: Burdur Model," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, vol. 14(2), pages 189-198.
    2. Daniel Olah & B. Levente Alpek, 2021. "The theoretical model of spatial production for innovation," Journal of Innovation and Entrepreneurship, Springer, vol. 10(1), pages 1-24, December.

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