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SMEs as Extended Enterprises: A 360-Degree Model for Profiling SMEs Stakeholder Involvement in R&D

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Details

Original languageEnglish
Pages (from-to)225-250
Number of pages26
JournalJournal of Enterprising Culture
Volume26
Issue number3
DOIs
Publication statusPublished - 2018
Publication typeA1 Journal article-refereed

Abstract

This study increases knowledge on SMEs as extended enterprises, particularly from the viewpoint of stakeholder involvement in firms’ R&D activity. Previous research holds that stakeholder involvement benefits firms’ R&D performance, but tends to approach stakeholder involvement by focusing on one or two stakeholder groups at a time. This paper explores the roles and intensity of involvement of different stakeholders in the R&D processes of SMEs and presents a 360-degree model based on prior research to empirically profile the SMEs to see where their gaps in the stakeholder potential are. The study was conducted with multiple qualitative case studies and contributes to the debates on SMEs’ R&D processes and stakeholder perspective on business. This research offers a synthetizing view of the involvement of different stakeholders’ in R&D, an approach that enables to consider SMEs as extended enterprises.

Publication forum classification

Field of science, Statistics Finland