Explaining the levels of innovation and R&D in New Zealand's small and medium-sized enterprises: too many small firms?

Battisti, Martina and Deakins, David and Roxas, Hernan (2010) Explaining the levels of innovation and R&D in New Zealand's small and medium-sized enterprises: too many small firms? Small Enterprise Research, 17 (2). pp. 177-192.

Abstract

This paper is concerned with explaining the levels of innovative activity in New Zealand's SMEs. It is arguable that New Zealand provides a special case where innovation and R&D levels are comparatively low in SMEs, yet, paradoxically, it is also a nation of high rates of entrepreneurial activity. This paper seeks to examine the factors that affect innovation levels in New Zealand SMEs from an analysis of panel data set of 1500 SMEs. We test research propositions based on existing theory and literature on innovation levels in SMEs and discuss our findings. Firm size is found to be significant, we argue that New Zealand has too few growth firms rather than too many small firms and we suggest that barriers to innovation, such as access to finance, remain an issue which should be a focus for government support.


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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: Permanent restricted access to published version in accordance with the copyright policy of the publisher.
Faculty / Department / School: Historic - Faculty of Business - School of Management and Marketing
Date Deposited: 25 Jul 2014 05:23
Last Modified: 10 Dec 2014 02:57
Uncontrolled Keywords: innovation; research and development (R&D); small and medium-sized enterprises (SMEs)
Fields of Research : 15 Commerce, Management, Tourism and Services > 1503 Business and Management > 150314 Small Business Management
14 Economics > 1402 Applied Economics > 140209 Industry Economics and Industrial Organisation
15 Commerce, Management, Tourism and Services > 1503 Business and Management > 150307 Innovation and Technology Management
Socio-Economic Objective: B Economic Development > 91 Economic Framework > 9104 Management and Productivity > 910406 Technological and Organisational Innovation
URI: http://eprints.usq.edu.au/id/eprint/19178

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