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An Overview of Innovation Sources in SMEs

Author

Listed:
  • Daiana-Maria Tont

    (Doctoral School of Economics, Faculty of Economic Sciences, University of Oradea, Oradea, Romania)

  • Mihu-Dan Tont

    (Doctoral School of Economics, Faculty of Economic Sciences, University of Oradea, Oradea, Romania)

Abstract

For SMEs, innovation should be embedded it in the organisational culture in order to enable the creation and integration of the physical and virtual worlds, for an enriched customer experience tailored to their needs. There is a myriad of innovation typologies and levels of analysis present in the literature emanating from many disciplines such as management, psychology, economics, sociology and science (Kristiansen 2012). This article focuses on innovation in order to identify and analyse the types and sources of innovation encountered for SMEs by applying different frameworks and perspectives.

Suggested Citation

  • Daiana-Maria Tont & Mihu-Dan Tont, 2016. "An Overview of Innovation Sources in SMEs," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 58-67, March.
  • Handle: RePEc:ora:jrojbe:v:1:y:2016:i:1:p:58-67
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    References listed on IDEAS

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    1. Lee, Sungjoo & Park, Gwangman & Yoon, Byungun & Park, Jinwoo, 2010. "Open innovation in SMEs--An intermediated network model," Research Policy, Elsevier, vol. 39(2), pages 290-300, March.
    2. Jacobides, Michael G. & Knudsen, Thorbjorn & Augier, Mie, 2006. "Benefiting from innovation: Value creation, value appropriation and the role of industry architectures," Research Policy, Elsevier, vol. 35(8), pages 1200-1221, October.
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    Cited by:

    1. Alina Badulescu & Daniel Badulescu & Tomina Saveanu & Roxana Hatos, 2018. "The Relationship between Firm Size and Age, and Its Social Responsibility Actions—Focus on a Developing Country (Romania)," Sustainability, MDPI, vol. 10(3), pages 1-21, March.
    2. Daniel Badulescu & Otilia Cadar, 2016. "Romania: Many Entrepreneurs But Few Innovators," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 465-475, July.
    3. Elena Otilia CADAR & Daniel BADULESCU, 2018. "Innovation Within The Firm: A Complicated Picture," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(1), pages 213-222, November.

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    More about this item

    Keywords

    innovation; model; organisational capabilities; SMEs;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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