Exploring SMEs’ innovation investment strategy to increase innovation output in economic crises

IF 3.7 3区管理学 Q2 BUSINESS

Journal of Engineering and Technology Management Pub Date : 2024-04-01 DOI:10.1016/j.jengtecman.2024.101816

Pablo Garrido-Prada , Desiderio Romero-Jordán , María Jesús Delgado-Rodríguez

引用次数: 0

Abstract

This study explores SMEs' innovation investment strategy by assessing their innovation investment level and the relative innovation investment effort during crises. The relative effort is measured by the positive values of the difference between the innovation investment made for the SME and that expected considering its external and internal characteristics. This study adopts a sequential multistage approach with a Spanish SME panel. The results show the relevance of the relative effort for generating product innovations during crises. Furthermore, the relative effort is significant above a level of innovation investment which reconciles the results of previous studies.

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探索经济危机下中小企业增加创新产出的创新投资策略

本研究通过评估中小企业的创新投资水平和危机期间的相对创新投资努力，探讨中小企业的创新投资战略。相对努力的衡量标准是中小企业的创新投资与考虑到其外部和内部特征的预期创新投资之间差额的正值。本研究采用顺序多阶段方法，以西班牙中小企业面板为研究对象。研究结果表明，相对努力与危机期间的产品创新息息相关。此外，相对努力高于创新投资水平，这与之前的研究结果一致。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Engineering and Technology Management 管理科学-工程：工业

CiteScore

8.00

自引率

6.20%

发文量

审稿时长

>12 weeks

期刊介绍： The Journal of Engineering and Technology Management (JET-M) is an international scholarly refereed research journal which aims to promote the theory and practice of technology, innovation, and engineering management. The journal links engineering, science, and management disciplines. It addresses the issues involved in the planning, development, and implementation of technological capabilities to shape and accomplish the strategic and operational objectives of an organization. It covers not only R&D management, but also the entire spectrum of managerial concerns in technology-based organizations. This includes issues relating to new product development, human resource management, innovation process management, project management, technological fusion, marketing, technological forecasting and strategic planning. The journal provides an interface between technology and other corporate functions, such as R&D, marketing, manufacturing and administration. Its ultimate goal is to make a profound contribution to theory development, research and practice by serving as a leading forum for the publication of scholarly research on all aspects of technology, innovation, and engineering management.