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The background of this study is the realization that our current understanding of innovation in SMEs is relatively poor, yet the encouragement of innovation in SMEs is at the heart of policy initiatives for stimulating economic development at the local, regional, national and European levels. The sample used for this analysis is drawn from a survey that questioned Dutch SMEs about their involvement...
Outside sources of knowledge are critical to a firmpsilas innovation process. Firms can use their absorptive capacity to recognize the value of new external technology, assimilate it, and apply it to commercial ends. This paper proposes two types of measures to capture the essential features of absorptive capacity: the cumulative head and amounts invested in acquiring external knowledge to capture...
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