This empirical study examines small firms strategies towards appropriating the returns to their investments in innovation and finds that they are qualitatively different from those found in earlier studies of more generally representative samples of firms. First, few of the smallest firms appear...

This empirical study examines small firms' strategies for capturing returns to investments in innovation. We find that small firms' strategies are qualitatively different from those found in earlier studies of both small and large firms. Most of the small firms examined here find informal means...

This exploratory empirical study compares the determinants of innovation in manufacturing and services through descriptive and regression analyses of sales from innovative products and services. The results suggest that, contrary to earlier research, R&D investments play a positive and...