Small to medium enterprises (SME) are frequently associated with high levels of innovation. However, it is difficult for such firms to fully assess the merits of a particular innovation. This study examined the risk-return profile of future investment in innovation by SME with respect to...

Concerned by the high rate of failure in ventures, we embarked upon a process of identifying possible explanations for the failures. Combined literature and field research confirmed that the organizational capabilities of the entrepreneurs have been rather overlooked in comparing the successes...