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Governance Of Innovation And Growth In Sme Networks

In: Promoting Innovation in New Ventures and Small- and Medium-Sized Enterprises

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  • Tove Brink

Abstract

The aim of this article is to reveal what organising of innovation and growth can be enabled in small and medium-sized enterprise (SME) networks. This is especially interesting for the governance of loosely coupled networks. The research is conducted in the Danish food industry with three food-producing firm networks. The posed hypotheses are tested in a structural equation modelling (SEM) approach with the available data of 60 SMEs.The findings show that the governance of preferred behaviours of SMEs has a considerable significant positive impact on product and systematic innovation, which have a significant impact on growth. Governance of network connections is also found to have a significant positive impact on growth. The findings contribute to an understanding of how both governance of preferred SME behaviour and network connections enable innovation. This study provides SMEs, SME network organisations and policy bodies with an enhanced understanding of governance approaches.

Suggested Citation

  • Tove Brink, 2017. "Governance Of Innovation And Growth In Sme Networks," World Scientific Book Chapters, in: Joe Tidd (ed.), Promoting Innovation in New Ventures and Small- and Medium-Sized Enterprises, chapter 14, pages 335-358, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9781786343482_0014
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    More about this item

    Keywords

    Innovation; Enterprise; SMEs; Small and Medium-Sized Enterprises; SMBs; Small and Medium-Sized Businesses;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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