Competitiveness of small and medium sized enterprises: towards a two dimensional model of innovation and business clusters Online publication date: Fri, 17-Jul-2009
by Panagiotis Piperopoulos, Richard Scase
International Journal of Business Innovation and Research (IJBIR), Vol. 3, No. 5, 2009
Abstract: There is a well-established literature on innovation, entrepreneurship and business clusters and how each of these concepts affects small and medium sized enterprises (SMEs) competitiveness and growth. There is also an impetus by government agencies around the globe to encourage the creation of business clusters as a means of improving competitive advantages of SMEs and promoting regional economic growth. This article explores the relation between innovation and business collaborations and how these affect competitiveness and growth of SMEs, in less developed regions of Europe, through an analysis of four SMEs in an industrial cluster. On the basis of this, it presents a hypothetical, descriptive two-dimensional model of innovation and business clusters. SMEs that develop strategic partnerships are more likely to innovate and grow, than those SMEs that adopt a more 'traditional' go-it-alone approach. The article concludes with a discussion of policy implications of these findings for generating economic growth in less developed regions of Europe.
Online publication date: Fri, 17-Jul-2009
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Business Innovation and Research (IJBIR):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email email@example.com