Strategies for implementing innovation in small and medium-sized enterprises
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TLDR
In this article, the authors explore innovation strategies that managers of small and medium-size enterprises (SMEs) used to implement innovation in their organizations to meet performance goals, and identify the role of the top management in cultivating an innovative culture, the identification of ideas as the starting point for innovation and the recognition of customers as resources for the company.Walden University
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Walden Dissertations and Doctoral Studies
Walden Dissertations and Doctoral Studies
Collection
2018
Strategies for Implementing Innovation in Small
and Medium-Sized Enterprises
Monther I. S. Haddad
Walden University
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Walden University
College of Management and Technology
This is to certify that the doctoral study by
Monther I.S. Haddad
has been found to be complete and satisfactory in all respects,
and that any and all revisions required by
the review committee have been made.
Review Committee
Dr. Irene Williams, Committee Chairperson, Doctor of Business Administration Faculty
Dr. Mohamad Hammoud, Committee Member, Doctor of Business Administration
Faculty
Dr. Rocky Dwyer, University Reviewer, Doctor of Business Administration Faculty
Chief Academic Officer
Eric Riedel, Ph.D.
Walden University
2018
Abstract
Strategies for Implementing Innovation in Small and Medium-Sized Enterprises
by
Monther I. S. Haddad
MS, Jordan University of Science & Technology, 1999
BS, Jordan University of Science & Technology, 1996
Doctoral Study Submitted in Partial Fulfillment
of the Requirements for the Degree of
Doctor of Business Administration
Walden University
October 2018
Abstract
Inefficient processes for innovation implementation can prevent owners of small and
medium-sized enterprises from realizing goals and growth potential. The purpose of this
multiple case study was to explore strategies that managers of small and medium-sized
enterprises use to implement innovation in their organizations to improve performance.
The population for this study consisted of 5 managers from 4 small and medium-sized
enterprises operating in Dubai. The resource-based view theory was the conceptual
framework of this study. Data were collected through face-to-face interviews and review
of companies’ documents. Data were analyzed using Yin’s 5-step process. After
transcribing the interviews and coding the resulting transcripts, the key themes that
emerged included: the role of the top management in cultivating an innovative culture,
the identification of ideas as the starting points for innovation, and the recognition of
customers as resources for the company. Managers of small and medium-sized
enterprises might benefit from the results of this study by implementing the
recommendations and strategies to improve performance. Implications for social change
include the potential to create employment opportunities and improve the living
conditions of the employees in Dubai through economic growth.
Strategies for Implementing Innovation in Small and Medium-Sized Enterprises
by
Monther I. S. Haddad
MS, Jordan University of Science & Technology, 1999
BS, Jordan University of Science & Technology, 1996
Doctoral Study Submitted in Partial Fulfillment
of the Requirements for the Degree of
Doctor of Business Administration
Walden University
October 2018
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References
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TL;DR: In this article, the authors examined the link between firm resources and sustained competitive advantage and analyzed the potential of several firm resources for generating sustained competitive advantages, including value, rareness, imitability, and substitutability.
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Dynamic capabilities and strategic management
TL;DR: The dynamic capabilities framework as mentioned in this paper analyzes the sources and methods of wealth creation and capture by private enterprise firms operating in environments of rapid technological change, and suggests that private wealth creation in regimes of rapid technology change depends in large measure on honing intemal technological, organizational, and managerial processes inside the firm.
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A Resource-Based View of the Firm
TL;DR: In this paper, the authors explore the usefulness of analyzing firms from the resource side rather than from the product side, in analogy to entry barriers and growth-share matrices, the concepts of resource position barrier and resource-product matrices are suggested.
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The Core Competence of the Corporation
C. K. Prahalad,Gary Hamel +1 more
TL;DR: The most powerful way to prevail in global competition is still invisible to many companies as discussed by the authors, which is why the concept of the corporation itself has not yet been recognized as a powerful competitive advantage.