This paper presents empirical evidence on the relationship between innovative efforts and performance on international markets for the specific case of small firms acting as specialized suppliers. In addition to tangible efforts such as R&D expenditures, intangible efforts are also considered....

Today's changing environment is bringing about a major transformation of the way organizations operate. Most of the discussion about such evolving environment focuses on the necessity for organizations to continuously renew their stock of knowledge and competencies. This renewal takes place...