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Business Maturity Models for Small and Medium-Sized Enterprises: A Systematic Literature Review

Author

Listed:
  • Peetu Virkkala

    (University of Oulu, Finland)

  • Martti Saarela

    (University of Oulu, Finland)

  • Kai Hänninen

    (University of Oulu, Finland)

  • Jaakko Kujala

    (University of Oulu, Finland)

  • Anna-Mari Simunaniemi

    (University of Oulu, Finland)

Abstract

Small and medium-sized enterprises (SMES) play a key role in national economies around the world but face pressure to sustain their competitiveness in domestic and global markets. SMES should check their position periodically and figure out what they need to do next. Maturity models are suitable tools for documenting SMES’ current state, for developing the company’s future vision and path and for comparing capabilities between companies. This study’s aim is to obtain an overview of existing maturity models focused on SMES by conducting a systematic literature review (SR) of the publications on business maturity models from the lens of SMES. As a result of this study, a growing trend for business maturity models for SMES is identified and future research opportunities for sme maturity research are suggested.

Suggested Citation

  • Peetu Virkkala & Martti Saarela & Kai Hänninen & Jaakko Kujala & Anna-Mari Simunaniemi, 2020. "Business Maturity Models for Small and Medium-Sized Enterprises: A Systematic Literature Review," Management, University of Primorska, Faculty of Management Koper, vol. 15(2), pages 137-155.
    • Handle: RePEc:mgt:youmng:v:15:y:2020:i:2:p:137-155
    DOI: 10.26493/1854-4231.15.137-155
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    References listed on IDEAS

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    1. Evi Triandini & Arif Djunaidy & Daniel Siahaan, 2017. "A Maturity Model for E-Commerce Adoption By Small And Medium Enterprises In Indonesia," Journal of Electronic Commerce in Organizations (JECO), IGI Global, vol. 15(1), pages 44-58, January.
    2. Temitope Seun Omotayo & Prince Boateng & Oluyomi Osobajo & Adekunle Oke & Loveline Ifeoma Obi, 2019. "Systems thinking and CMM for continuous improvement in the construction industry," International Journal of Productivity and Performance Management, Emerald Group Publishing Limited, vol. 69(2), pages 271-296, September.
    3. Martti Saarela & Eija-Riitta Niinikoski & Matti Muhos & Ville Isoherranen & Pekka Leviäkangas, 2018. "Small- and medium-sized enterprises in public procurement in primary social and healthcare services," International Journal of Procurement Management, Inderscience Enterprises Ltd, vol. 11(1), pages 76-95.
    4. André Spithoven & Wim Vanhaverbeke & Nadine Roijakkers, 2013. "Open innovation practices in SMEs and large enterprises," Small Business Economics, Springer, vol. 41(3), pages 537-562, October.
    5. Waranpong Boonsiritomachai & G. Michael McGrath & Stephen Burgess, 2016. "Exploring business intelligence and its depth of maturity in Thai SMEs," Cogent Business & Management, Taylor & Francis Journals, vol. 3(1), pages 1220663-122, December.
    6. Jörg Becker & Ralf Knackstedt & Jens Pöppelbuß, 2009. "Developing Maturity Models for IT Management," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 1(3), pages 213-222, June.
    7. Paul Jones & Elizabeth Muir & Paul Beynon-Davies, 2006. "The proposal of a comparative framework to evaluate e-business stages of growth models," International Journal of Information Technology and Management, Inderscience Enterprises Ltd, vol. 5(4), pages 249-266.
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