Exploring the Determinants for Successful Collaboration of SMEs
The goal of this research is discovering the
determinants of the success or failure of external cooperation in small
and medium enterprises (SMEs). For this, a survey was given to 190
SMEs that experienced external cooperation within the last 3 years. A
logistic regression model was used to derive organizational or strategic
characteristics that significantly influence whether external
collaboration of domestic SMEs is successful or not. Results suggest
that research and development (R&D) features in general
characteristics (both idea creation and discovering market
opportunities) that focused on and emphasized indirected-market
stakeholders (such as complementary companies and affiliates) and
strategies in innovative strategic characteristics raise the probability of
successful external cooperation. This can be used meaningfully to
build a policy or strategy for inducing successful external cooperation
or to understand the innovation of SMEs.
[1] Report of the census on establishment 2009(2010), Statistics Korea
[2] M. Legi, P. Powell, "SME flexibility and the role of information systems,"
Small Business Economics, vol. 11, 1998, pp.183-196.
[3] J. Tidd, J. Bessant, K. Panitt, Managing Innovation: integrating
technology, market and organizational change, Moscow: John Wiley &
sons, 2005, pp.124-126.
[4] OECE annual report, OECD, 2010
[5] W. Vanhaverbeke, Open innovation in SMEs: How can small companies
and start-ups benefit from open innovation strategies?, Vlerick Leuven
Gent Management School, March 2012.
[6] H. Chesbrough, open innovation: the new imperative for creating and
profiting from technology, Boston: Havard Business School Press, 2003.
[7] V. Van de Vrande, J. PJ. De Jong, W. Vanhaverbeke, "Open innovation in
SMEs:Trends, motives and management challenges," Technovation, vol.
29, 2009, pp.223-237.
[8] L. Mortara, T. Minshall, "How do large multinational companies
implement open innovation?," Technovation, vol. 31, 2011, pp.586-597.
[9] H. Lee, D. Kelly, J. Lee, S. Lee, "SME survival:The impact of
internationalization, Technology Resources, and Alliances," Journal of
Small Business Management, vol. 50, 2012, pp.1-19.
[10] J.W. Lu, P.W. Beamish, "The internationalization and performance of
SMEs," Strategic Management Journal, vol. 22, 2001, pp.565-586.
[11] A. Hadjimanolis, "Barriers to innovation for SMEs in a small less
developed country(Cyprus)," Technovation, vol. 19, 1999, pp.561-570.
[12] M. Freel, "External linkages and product innovation in small
manufacturing firms," International Small Business Journal, vol.12,
2000, pp.245-266.
[13] P.C. Kaminski, A.C. de Oliveria, T.M. Lopes, "Knowledge transfer in
product development processes: a case study in small and medium
enterprises (SMEs) of the metal-mechanic sector from Sao Paulo, Brazil,"
Technovation, vol. 28, 2008, pp.29-36.
[14] R. Sudhir Kumar, M.H. Bala Subrahmanya, "Influence of subcontracting
on innovation and economic performance of SMEs in Indian automobile
industry," Technovation, vol. 30, 2010, pp.558-569.
[15] R. Fontana, A. Geuna, M. Matt, "Factors affrcting university-industry
R&D projects: the importance of searching, screening and signaling,"
Research Policy, vol. 35, 2006, pp.309-323.
[16] I. Savitskata, P. Salmi, M. Torkkrli, "Barriers to open innovation: case
china," Journal of Technology Management and Innovation, vol. 5, 2010,
pp.10-21.
[1] Report of the census on establishment 2009(2010), Statistics Korea
[2] M. Legi, P. Powell, "SME flexibility and the role of information systems,"
Small Business Economics, vol. 11, 1998, pp.183-196.
[3] J. Tidd, J. Bessant, K. Panitt, Managing Innovation: integrating
technology, market and organizational change, Moscow: John Wiley &
sons, 2005, pp.124-126.
[4] OECE annual report, OECD, 2010
[5] W. Vanhaverbeke, Open innovation in SMEs: How can small companies
and start-ups benefit from open innovation strategies?, Vlerick Leuven
Gent Management School, March 2012.
[6] H. Chesbrough, open innovation: the new imperative for creating and
profiting from technology, Boston: Havard Business School Press, 2003.
[7] V. Van de Vrande, J. PJ. De Jong, W. Vanhaverbeke, "Open innovation in
SMEs:Trends, motives and management challenges," Technovation, vol.
29, 2009, pp.223-237.
[8] L. Mortara, T. Minshall, "How do large multinational companies
implement open innovation?," Technovation, vol. 31, 2011, pp.586-597.
[9] H. Lee, D. Kelly, J. Lee, S. Lee, "SME survival:The impact of
internationalization, Technology Resources, and Alliances," Journal of
Small Business Management, vol. 50, 2012, pp.1-19.
[10] J.W. Lu, P.W. Beamish, "The internationalization and performance of
SMEs," Strategic Management Journal, vol. 22, 2001, pp.565-586.
[11] A. Hadjimanolis, "Barriers to innovation for SMEs in a small less
developed country(Cyprus)," Technovation, vol. 19, 1999, pp.561-570.
[12] M. Freel, "External linkages and product innovation in small
manufacturing firms," International Small Business Journal, vol.12,
2000, pp.245-266.
[13] P.C. Kaminski, A.C. de Oliveria, T.M. Lopes, "Knowledge transfer in
product development processes: a case study in small and medium
enterprises (SMEs) of the metal-mechanic sector from Sao Paulo, Brazil,"
Technovation, vol. 28, 2008, pp.29-36.
[14] R. Sudhir Kumar, M.H. Bala Subrahmanya, "Influence of subcontracting
on innovation and economic performance of SMEs in Indian automobile
industry," Technovation, vol. 30, 2010, pp.558-569.
[15] R. Fontana, A. Geuna, M. Matt, "Factors affrcting university-industry
R&D projects: the importance of searching, screening and signaling,"
Research Policy, vol. 35, 2006, pp.309-323.
[16] I. Savitskata, P. Salmi, M. Torkkrli, "Barriers to open innovation: case
china," Journal of Technology Management and Innovation, vol. 5, 2010,
pp.10-21.
@article{"International Journal of Business, Human and Social Sciences:51175", author = "Heeyong Noh and Sungjoo Lee", title = "Exploring the Determinants for Successful Collaboration of SMEs", abstract = "The goal of this research is discovering the
determinants of the success or failure of external cooperation in small
and medium enterprises (SMEs). For this, a survey was given to 190
SMEs that experienced external cooperation within the last 3 years. A
logistic regression model was used to derive organizational or strategic
characteristics that significantly influence whether external
collaboration of domestic SMEs is successful or not. Results suggest
that research and development (R&D) features in general
characteristics (both idea creation and discovering market
opportunities) that focused on and emphasized indirected-market
stakeholders (such as complementary companies and affiliates) and
strategies in innovative strategic characteristics raise the probability of
successful external cooperation. This can be used meaningfully to
build a policy or strategy for inducing successful external cooperation
or to understand the innovation of SMEs.", keywords = "External collaboration, Innovation strategy, Logisticregression, SMEs.", volume = "7", number = "2", pages = "324-5", }