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Global Innovation: An Answer To Mitigate Barriers To Innovation In Small And Medium-Sized Enterprises?

Author

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  • STEPHAN BUSE

    (Institute of Technology and Innovation Management, Hamburg University of Technology, Hamburg, Germany)

  • RAJNISH TIWARI

    (Institute of Technology and Innovation Management, Hamburg University of Technology, Hamburg, Germany)

  • CORNELIUS HERSTATT

    (Institute of Technology and Innovation Management, Hamburg University of Technology, Hamburg, Germany)

Abstract

Innovations have acquired a key role in the growth and competition strategies of firms today. They are regarded as an essential tool for stimulating growth and enabling firms to master the competition brought about by the forces of globalization. However, in particular, many small and medium-sized enterprises (SMEs) in Western countries are facing insurmaintable barriers to innovation. To what extent might the concept of global innovation and, more specifically, the internationalization of research and development (R&D) be an answer to deal with these problems, is discussed in this paper. Based on empirical studies conducted by the authors in Germany, the paper presents results from research-in-progress and proposes a reference model for chances and challenges of global innovation activities.

Suggested Citation

  • Stephan Buse & Rajnish Tiwari & Cornelius Herstatt, 2010. "Global Innovation: An Answer To Mitigate Barriers To Innovation In Small And Medium-Sized Enterprises?," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 7(03), pages 215-227.
    • Handle: RePEc:wsi:ijitmx:v:07:y:2010:i:03:n:s0219877010001970
    DOI: 10.1142/S0219877010001970
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    References listed on IDEAS

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    1. Verworn, Birgit & Herstatt, Cornelius & Nagahira, Akio, 2006. "The impact of the fuzzy front end on new product development success in Japanese NPD projects," Working Papers 39, Hamburg University of Technology (TUHH), Institute for Technology and Innovation Management.
    2. Zoltan Acs & David Audretsch, 1990. "Innovation and Small Firms," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011131, April.
    3. John R. Baldwin & Guy Gellatly, 2003. "Innovation Strategies and Performance in Small Firms," Books, Edward Elgar Publishing, number 3062.
    4. Sofka, Wolfgang, 2006. "Innovation Activities Abroad and the Effects of Liability of Foreignness: Where it Hurts," ZEW Discussion Papers 06-029, ZEW - Leibniz Centre for European Economic Research.
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    Cited by:

    1. Monika Walicka, 2014. "INNOVATION TYPES AT SMEs AND EXTERNAL INFLUENCING FACTORS," "e-Finanse", University of Information Technology and Management, Institute of Financial Research and Analysis, vol. 10(3), pages 73-81, December.
    2. Alicia Rodríguez & María Jesús Nieto, 2016. "Does R&D offshoring lead to SME growth? Different governance modes and the mediating role of innovation," Strategic Management Journal, Wiley Blackwell, vol. 37(8), pages 1734-1753, August.
    3. de-Oliveira, Fernando & Rodil-Marzábal, Óscar, 2019. "Structural characteristics and organizational determinants as obstacles to innovation in small developing countries," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 306-314.
    4. Buse, Stephan & Tiwari, Rajnish, 2014. "Global innovation strategies of German hidden champions in key emerging markets," Working Papers 85, Hamburg University of Technology (TUHH), Institute for Technology and Innovation Management.
    5. Tiwari, Rajnish & Herstatt, Cornelius, 2012. "India - a lead market for frugal innovations? Extending the lead market theory to emerging economies," Working Papers 67, Hamburg University of Technology (TUHH), Institute for Technology and Innovation Management.
    6. Tiwari, Rajnish, 2017. "Propositions for a high-quality, affordable and sustainable Food Basket : scope of cooperation between India & Germany in areas relating to food processing industry," EconStor Research Reports 157662, ZBW - Leibniz Information Centre for Economics.
    7. Corchuelo Martínez-Azúa, Beatriz & Ferreiro Seoane , Francisco J., 2019. "Agri-food industry in Extremadura: obstacles to innovation, willingness to innovate, and demanded public actions," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 45, pages 181-199.
    8. Tiwari, Rajnish & Herstatt, Cornelius, 2012. "Frugal innovations for the 'unserved' customer: An assessment of India's attractiveness as a lead Market for cost-effective products," Working Papers 69, Hamburg University of Technology (TUHH), Institute for Technology and Innovation Management.
    9. Caputo, Francesco & Soto-Acosta, Pedro & Chiacchierini, Claudio & Mazzoleni, Alberto & Passaro, Pierluigi, 2021. "Smashing local boundaries for sustain companies’ innovativeness: The role of international R&D teams," Journal of Business Research, Elsevier, vol. 128(C), pages 641-649.
    10. Tiwari, Rajnish & Herstatt, Cornelius, 2011. "Role of "Lead Market" factors in globalization of innovation: Emerging evidence from India & its implications," Working Papers 64, Hamburg University of Technology (TUHH), Institute for Technology and Innovation Management.
    11. Antonio Prencipe & Luciano D'Amico & Danilo Boffa & Christian Corsi, 2024. "The effect of output additionality of public funding support on firm innovation. Evidence from firms of different sizes," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(2), pages 2278-2299, April.
    12. Tiwari, Rajnish & Herstatt, Cornelius, 2012. "Frugal Innovation: A Global Networks’ Perspective," Die Unternehmung - Swiss Journal of Business Research and Practice, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 66(3), pages 245-274.
    13. Tiwari, Rajnish & Herstatt, Cornelius, 2013. "Innovieren für preisbewusste Kunden: Analogieeinsatz als Erfolgsfaktor in Schwellenländern," Working Papers 75, Hamburg University of Technology (TUHH), Institute for Technology and Innovation Management.
    14. Tiwari, Rajnish & Herstatt, Cornelius, 2012. "Open global innovation networks as enablers of frugal innovation: propositions based on evidence from India," Working Papers 72, Hamburg University of Technology (TUHH), Institute for Technology and Innovation Management.

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