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The literature on the strategic management emphasizes the essence and importance of both the good formulation and the proper implementation of the strategy. However, business practice shows that while companies have quite highly developed skills in the area of strategy formulation, at the same...
Persistent link: https://www.econbiz.de/10012897056
Hidden Champions (HCs) are firms unknown to the wider public, but global leaders in the niche markets they serve. This … paper looks at distinctive features of these firms, focusing on their dynamic capabilities. Employing a unique data base on … German firms, we identify a representative sample of German HCs. Based on a matching technique, we examine differences to …
Persistent link: https://www.econbiz.de/10011997801
firms. Previous findings are not easily applied to the small business literature, and assumptions about the benefits of BSC … effects of SME's use of BSC in terms of financial performance and innovation outcomes. Our arguments are based on the … developmental stage of the firm may influence this trade-off. Based on a survey of 201 SMEs in Spain, we found that firms using BSC …
Persistent link: https://www.econbiz.de/10012946524
dissemination of innovations in regions via spillover effect (NESTA Business growth and innovation, 2009). Fast-growing companies … may contribute more than 50% to GDP growth (Europe INNOVA Gazelles Innovation Panel, 2008). There are several works, that … explain growth of firms as a stochastic phenomenon (Gibrat, 1929), or as a combination of endogenous (Penrose, 1955) and …
Persistent link: https://www.econbiz.de/10011480851
factors that have changed the merits of firms relative to markets, the managerial bias to pursue growth, and the most recent … organizational size that have expanded our understanding of the advantages and disadvantages of larger firms, the environmental … coalition of the firm may be overly biased toward growth – potentially increasing the risk of firm failure/discipline by the …
Persistent link: https://www.econbiz.de/10012963045
on a large data set of German firms covering the period 2002-2007. We look at different stages of the innovation process … activities abroad. By linking international innovation activities to firm growth in the home market we try to identify likely …This paper investigates the drivers and the effects of the internationalisation of innovation activities in SMEs based …
Persistent link: https://www.econbiz.de/10014216008
Persistent link: https://www.econbiz.de/10012145367
firm’s export profitability and increase the exporting firm’s understanding about the concept’s utility in handling foreign … market operations. Drawing data from small and medium sized exporting firms operational in Gujarat of India, the study … are statistically significant in impacting the firm’s export profitability. Note: Full paper is uploaded with the …
Persistent link: https://www.econbiz.de/10014037389
the growth of digital transformation rates. For future research, these results can be very useful, as other influences on …
Persistent link: https://www.econbiz.de/10014429009
some time, arguing that entrepreneurial ventures are small growth-oriented, strategically-innovative firms, while small … business ventures are neither growth oriented nor strategically innovative. However, scholars often treat both types of … may have missed opportunities to advance both our understanding of new firm survival and growth and our understanding of …
Persistent link: https://www.econbiz.de/10014210287