2009
DOI: 10.1007/s11187-009-9187-5
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R&D in SMEs: a paradox?

Abstract: This paper has three objectives: (1) to survey the relevant literature addressing the (apparent) paradox of Research & Development investments carried out within Small and Medium Enterprises; (2) to provide focused summaries of the articles in this special issue; (3) to draw some general conclusions in terms of policy implications.

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Cited by 180 publications
(103 citation statements)
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References 67 publications
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“…The sectors where larger firms invest more in R&D outnumber the sectors where they invest less (Ortega-Argiles et al, 2009). Large firms drive R&D and innovation in highly concentrated sectors that have low rates of entry, higher appropriability, and more limited technological opportunities, while SMEs drive innovation in sectors with the opposite conditions (Ortega-Argiles et al, 2009: 5).…”
Section: Innovationmentioning
confidence: 99%
“…The sectors where larger firms invest more in R&D outnumber the sectors where they invest less (Ortega-Argiles et al, 2009). Large firms drive R&D and innovation in highly concentrated sectors that have low rates of entry, higher appropriability, and more limited technological opportunities, while SMEs drive innovation in sectors with the opposite conditions (Ortega-Argiles et al, 2009: 5).…”
Section: Innovationmentioning
confidence: 99%
“…Nevertheless, they can get the best by working together in aggregation. In fact, SMEs seem to have some advantages compared to larger firms in promptly responding to new market opportunities (Lee et al, 2010;Ortega-Argilés et al, 2009;Narula, 1994). However, they mostly suffer from an insufficient amount of resources needed for the innovation process (Narula, 1994;Konsti-Laakso et al, 2012).…”
Section: Network Aggregationsmentioning
confidence: 99%
“…absorptive capacity) is usually proxied by the presence within firms with established R&D departments and qualified R&D personnel (Miotti and Sachwald, 2003;De Faria et al, 2010). However, because SME innovation is not captured by R&D measures (Santarelli and Sterlacchini, 1990;Ortega-Argilés, Vivarelli, and Voigt, 2009;Raymond and St-Pierre, 2010) -indeed, SMEs more often conduct informal R&D activities (Kleinknecht, Monfort, and Brouwer, 2002) -and because this applies in particular to SMEs in traditional manufacturing industry (GPrix, 2011), in this study we construct a more direct indicator of firms' absorptive capacity (see below, "model specification"). De Faria et al, 2010).…”
Section: Importance Of Cooperation For Innovationmentioning
confidence: 99%