An exploratory study of innovation effectiveness measurement between Australian and Thai SMEs
Sawang, Sukanlaya, Unsworth, Kerrie L., & Sorbello, Tamma M. (2006) An exploratory study of innovation effectiveness measurement between Australian and Thai SMEs. International Journal of Organisational Behaviour, 12(1), pp. 110-125.
The advantages of using a balanced approach to measurement of overall organisational performance are well-known. We examined the effects of a balanced approach in the more specific domain of measuring innovation effectiveness in 144 small to medium sized companies in Australia and Thailand. We found that there were no differences in the metrics used by Australian and Thai companies. In line with our hypotheses, we found that those SMEs that took a balanced approach were more likely to perceive benefits of implemented innovations than those that used only a financial approach to measurement. The perception of benefits then had a subsequent effect on overall attitudes towards innovation. The study shows the importance of measuring both financial and non-financial indicators of innovation effectiveness within SMEs and discusses ways in which these can be conducted with limited resources.
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|Item Type:||Journal Article|
|Keywords:||Balanced Scorecard, Innovation effectiveness, Implementation, Performance measurement|
|Subjects:||Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Innovation and Technology Management (150307)|
|Divisions:||Current > QUT Faculties and Divisions > QUT Business School|
|Copyright Owner:||Copyright 2006 the authors.|
|Deposited On:||10 Nov 2009 10:15|
|Last Modified:||11 Aug 2011 04:00|
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