Commercialization networks in emerging technologies: the case of UK nanotechnology small and midsize enterprises

Abstract

This paper investigates how small and midsize enterprises (SMEs) utilize networks to commercialize emerging technologies. We build on literature on SMEs and innovation, networks, and how innovation occurs within collaborative arrangements. Contrasting network types and their influences on commercialization outcomes are probed in the context of SME value chain positions. An exploratory study is undertaken to offer a framework and findings that provide context and insight. We consider roles of SME agency and strategy to put forward a framework of network types. Using a multiple case approach of a sample of UK nanotechnology SMEs, value-chain positions and networks for commercialization are examined. Data are collected through semi-structured primary interviews with managers and informants and from secondary business databases and other sources.Commercialization outcomes are found to vary by SME network type and value chain positioning. SMEs can proactively create SME-led, peer-SME or broker-led networks that aid commercialization. SME-led networks enable successful commercialization of upstream and midstream products. Peer- SME networks are used for downstream commercialization. Broker-led networks facilitate commercialization in the upstream part of the value chain. Hybrid networks are used where SMEs pursue multiple commercialization strategies. Reactive approaches to networking and interrupted networks, regardless of value chain position, are unfavourable for commercialization. The study’s conceptual and managerial implications are discussed.

Study on the impact of digital transformation on green competitive advantage: The role of green innovation and government regulation

“…Firstly, the government can create a digital transformation government can implement a governance framework centered on collaborative utilization. Through platform authorization, resources can be gathered and services can be provided to enterprises on the digital transformation platform, disrupting the pattern of fragmented innovation resources, promoting green innovation in enterprises, and using the digital network established to provide alternative competitive advantages for SMEs [ 69 ], enabling them to seek support when facing to overcome difficulties in identifying potential clients and business partners [ 70 ]. Secondly, the government can promote cooperation and sharing among digital transformation enterprises by strengthening the management mechanisms of digital transformation, creating a transparent, collaborative, and streamlined digital transformation implementing a comprehensive and effective innovation governance framework, and supporting startups and emerging businesses in overcoming these difficulties.…”