Abstract
Research shows that SMEs enhance their innovation ability by engaging in
networks. However, despite the wealth of research in the domain of SMEs, the question
of how SMEs exploit network linkages to the benefit of their innovation efforts remains
inconclusively answered. This paper examines the impact of external networks on the
innovation activities of SMEs operating in the Creative Industries Sector. Owners and
managers were interviewed in twenty-eight England-based SMEs. The findings suggest
that personal networks are of major importance. Relationships with public bodies are
seen as moderately beneficial. The prevalent obstacles for the SMEs in the CIS are
funding and hiring of talented individuals. Customers have a strong impact on innovation
in the creative SMEs. The large players in the CIS are important in securing path to the
market for the creative outputs but they are not central to the creative processes and to the
generation of innovation.
networks. However, despite the wealth of research in the domain of SMEs, the question
of how SMEs exploit network linkages to the benefit of their innovation efforts remains
inconclusively answered. This paper examines the impact of external networks on the
innovation activities of SMEs operating in the Creative Industries Sector. Owners and
managers were interviewed in twenty-eight England-based SMEs. The findings suggest
that personal networks are of major importance. Relationships with public bodies are
seen as moderately beneficial. The prevalent obstacles for the SMEs in the CIS are
funding and hiring of talented individuals. Customers have a strong impact on innovation
in the creative SMEs. The large players in the CIS are important in securing path to the
market for the creative outputs but they are not central to the creative processes and to the
generation of innovation.
| Original language | English |
|---|---|
| Publication status | Published - 2013 |
| Event | International Society for Professional Innovation Management Conference: Innovating in Global Markets: Challenges for Sustainable Growth - Helsinki, Finland Duration: 16 Jun 2013 → 19 Jun 2013 |
Conference
| Conference | International Society for Professional Innovation Management Conference |
|---|---|
| Abbreviated title | XXIV ISPIM 2013 |
| Country/Territory | Finland |
| City | Helsinki |
| Period | 16/06/13 → 19/06/13 |