2010
DOI: 10.1142/s0219877010001970
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Global Innovation: An Answer to Mitigate Barriers to Innovation in Small and Medium-Sized Enterprises?

Abstract: Innovations have acquired a key role in the growth and competition strategies of firms today. They are regarded as an essential tool for stimulating growth and enabling firms to master the competition brought about by the forces of globalization. However, in particular, many small and medium-sized enterprises (SMEs) in Western countries are facing insurmaintable barriers to innovation. To what extent might the concept of global innovation and, more specifically, the internationalization of research and develop… Show more

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Cited by 33 publications
(8 citation statements)
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“…Companies that went abroad explored resources by their rareness, value, and most of the time non-imitable characteristics (Barney, 1991). While updating and technologically improving production processes reduce the cost of operations, product and service innovations allow them to enter competitive environments in the international market (Buse, Tiwari, Herstatt, 2010;Cahen et al, 2016;Kamakura, Ramón-Jerónimo, & Gravel, 2012;Rahman, Uddin, & Lodorfos, 2017). However, studies regarding innovation and tech companies will not be focused on this paper.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Companies that went abroad explored resources by their rareness, value, and most of the time non-imitable characteristics (Barney, 1991). While updating and technologically improving production processes reduce the cost of operations, product and service innovations allow them to enter competitive environments in the international market (Buse, Tiwari, Herstatt, 2010;Cahen et al, 2016;Kamakura, Ramón-Jerónimo, & Gravel, 2012;Rahman, Uddin, & Lodorfos, 2017). However, studies regarding innovation and tech companies will not be focused on this paper.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Hence, knowledge sharing and Intellectual Property (IP) protection have an even higher importance, but also an even higher complexity, as they also happen on a global level. Buse et al (2010) already identified such barriers to innovation in their study on SMEs in Western countries.…”
Section: Lean and Global Innovationmentioning
confidence: 99%
“…For example, Sheth (2011) noted that product life cycles tend to exceed ownership in emerging economies. Moreover, the traditional approach of marketing cheaper and more basic products in emerging economies is obsolete (Buse et al, 2010). Similarly, market uncertainties due to adulteration, duplication, and imitation are far more prevalent in emerging economies because of lack of regulation, standardisation, compliance, and enforcement.…”
Section: H2amentioning
confidence: 99%