Improving opportunity recognition and business performance in small and medium manufacturing enterprises through design innovation programs

Matthews, Judy & Bucolo, Sam (2013) Improving opportunity recognition and business performance in small and medium manufacturing enterprises through design innovation programs. Journal of Asia Entrepreneurship and Sustainability, 9(1), pp. 116-135.

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Abstract

Increasing awareness of the benefits of stimulating entrepreneurial behaviour in small and medium enterprises has fostered strong interest in innovation programs. Recently many western countries have invested in design innovation for better firm performance. This research presents some early findings from a study of companies that participated in a holistic approach to design innovation, where the outcomes include better business performance and better market positioning in global markets. Preliminary findings from in-depth semi-structured interviews indicate the importance of firm openness to new ways of working and to developing new processes of strategic entrepreneurship. Implications for theory and practice are discussed.

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222 since deposited on 29 Apr 2013
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ID Code: 59431
Item Type: Journal Article
Refereed: Yes
Keywords: Opportunity Recognition, Business Performance , Small and Medium Manufacturing Enterprises, Design Innovation , SMEs
ISSN: 1176-8592
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Entrepreneurship (150304)
Divisions: Current > Research Centres > Australian Centre for Entrepreneurship
Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Design
Current > QUT Faculties and Divisions > Science & Engineering Faculty
Current > Schools > School of Management
Copyright Owner: Copyright 2013 Journal of Asia Entrepreneurship and Sustainability
Deposited On: 29 Apr 2013 00:14
Last Modified: 07 May 2013 00:28

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