http://xcsc.xoc.uam.mx/apymes/webftp/documentos/biblioteca/Innovation,%20collaboration%20and%20SMEs%20internal%20research%20capacities.pdf

Innovation, collaboration and SMEs internal research capacities

Although small and medium sized enterprises (SMEs) account for a significant portion of international trade, little is know about how they make international entry mode decisions. Transaction cost theory has been widely used to study entry mode selection for large firms. Here we apply the theory to SME mode choices. Further, we set out to determine if SME transaction cost mode choices provide superior performance to other mode choices. We found that transaction cost theory did a good job of explaining SME mode choice and that SMEs that used transaction cost–predicted mode choices performed significantly better than firms using other modes.

SME Entry Mode Choice and Performance: A Transaction Cost Perspective

https://isiarticles.com/bundles/Article/pre/pdf/17958.pdf

Innovation and SMEs: Misaligned perspectives and goals among entrepreneurs, academics, and policy makers

Scholars (e.g., Burgel & Murray, 2000; Jones, 1999; Zacharakis, 1997) have suggested that small and medium–sized enterprise (SME) international entry mode selection is an important new research are...

Entry Mode Choice of SMEs in Central and Eastern Europe

This paper analyses the evolution of regional innovation policy into the mainstream of public policy. The paper examines the empirical and theoretical developments which have shifted much of the focus on innovation-related issues to matters of economic geography. As well as academic material we also review the literature on the subject produced by the international development institutions. In terms of policy, special attention is devoted to the role of local market failures and local institutions in explaining the importance and need for regional innovation policies, and the advent of the smart specialisation agenda is discussed. Finally, the paper discusses the current regional innovation policy tools and interventions observed around the world, which are seen by international institutions as examples of best practice.

I.J. Smith

Papers

Smaller enterprises and innovation in the UK: the SPRU innovations database revisited☆