Innovation Speed in Small and Medium-Sized Enterprises

By Michael A. Allocca, Eric H. Kessler. 2006

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Comparing Innovation Capability of Small and Medium‐Sized Enterprises: Examining the Effects of Organizational Culture and Empowerment (2010, background): “…innovative new products by using the latest technology quickly before global competitors, or soon thereafter, is a key factor in gaining first-mover advantages, achieving product success, capturing market share, increasing return on investment, and long-term viability (Allocca and Kessler 2006).”
The relationship between innovation, knowledge, and performance in family and non-family firms: an analysis of SMEs (2013, background): “…products and services are positioned to compete more successfully through the development of new products and processes, before competitors in first-mover advantage, increasing market share, return on investment (ROI), and overall firm success (Allocca and Kessler 2006; Gudmunson et al. 2003).”
Internationalization Orientation in SMEs: The Mediating Role of Technological Innovation (2019, background): “Nevertheless, SMEs do have unique competitive advantages related to their flexibility, quick decision-making process and lack of bureaucracy that are known to alleviate the risks associated with technological innovation (Allocca and Kessler, 2006; Koskinen and Vanharanta, 2002; Nordman and Tolstoy, ”