Determinants of the Innovation Rent

56th Annual ICSB World Conference, 15-18 June 2011, Stockholm Sweden

30 Pages Posted: 5 Aug 2012  

Thuy Hang Do

University of St. Gallen

Thierry Volery

University of St. Gallen

Tim Mazzarol

University of Western Australia

Sophie Reboud

Université de Bourgogne - Burgundy School of Business

Date Written: 2011

Abstract

This study investigates the relationship between key organizational elements (inputs,knowledge management, innovation strategy, portfolio management, project management,and commercialization), business planning and the innovation rent. In order to deepen the understanding of innovation management in small and medium-sized enterprises (SMEs), a strategic comprehensive perspective on innovation is adopted in examining both high and low-tech enterprises from various industries. This study provides new evidence and insights for researchers and practitioners. The empirical results from 522 SMEs show that knowledge management, innovation strategy, business planning, portfolio management, project management and commercialization, have a positive, significant relationship with RENT. Conversely, inputs or resource endowment is not perceived a barrier to innovation and the development of a competitive advantage .

Keywords: Innovation, rent, SMEs

Suggested Citation

Do, Thuy Hang and Volery, Thierry and Mazzarol, Tim and Reboud, Sophie, Determinants of the Innovation Rent (2011). 56th Annual ICSB World Conference, 15-18 June 2011, Stockholm Sweden. Available at SSRN: https://ssrn.com/abstract=2123984

Thuy Hang Do

University of St. Gallen ( email )

Thierry Volery

University of St. Gallen ( email )

Varnbuelstr. 14
Saint Gallen, St. Gallen CH-9000
Switzerland

Tim Mazzarol (Contact Author)

University of Western Australia ( email )

35 Stirling Highway
Crawley, Western Australia 6009
Australia
+618 6488-3981 (Phone)
+618 6488-1072 (Fax)

Sophie Reboud

Université de Bourgogne - Burgundy School of Business ( email )

29 rue Sambin
Dijon, 21006
France

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