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Implementing SME innovative practices: a framework of push-pull factors
conference contribution
posted on 2023-05-24, 21:01 authored by Susomrith, P, Albert AmankwaaAlbert AmankwaaDespite the enormous contribution of Small and Medium Enterprises (SMEs) to the Australian economy, there is arguably no study on factors that stimulate SMEs to create and exploit their new ideas. However, previous studies have shown that such innovation practices lead to improved SME performance. We develop a model that focuses on organisational and external factors that affect SME innovation practices in Australia. We highlight funding, collaboration, knowledge infrastructure, human capital, and management/leadership as the key organisational factors that affect SME innovation practices. Our model also highlights legislations/regulations, political climate, technology, economic, social and demographic as the external factors that indirectly affect SME innovation practices. We further argue that these external factors ‘push’ or ‘pull’ SME innovation practices depending on the interaction with specific organisational factors. As a context case, we use some legislations and tax policies in Australia to highlight how they indirectly affect the implementation of SME innovation practices.
History
Pagination
12Department/School
TSBEEvent title
Australian Centre for Entrepreneurship (ACE) Research Exchange Conference 2017Event Venue
Melbourne, AustraliaDate of Event (Start Date)
2017-02-07Date of Event (End Date)
2017-02-10Repository Status
- Restricted