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  • Innovation Strategy: Hypothesis 1: The

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    Samiya Tabassum
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    This document outlines three hypotheses about factors that could impact small and medium-sized enterprise (SME) performance: 1) having a formal innovation strategy is positively related to performance, 2) implementing a formal organizational structure is positively related to performance, and 3) developing strong customer and supplier relationships is positively related to performance. It notes that while large companies benefit from formal planning, strategies may not transfer well to flexible SMEs.

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    Management

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    This document outlines three hypotheses about factors that could impact small and medium-sized enterprise (SME) performance: 1) having a formal innovation strategy is positively related to performance, 2) implementing a formal organizational structure is positively related to performance, and 3) developing strong customer and supplier relationships is positively related to performance. It notes that while large companies benefit from formal planning, strategies may not transfer well to flexible SMEs.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    10 views3 pages

    Innovation Strategy: Hypothesis 1: The

    Uploaded by

    Samiya Tabassum
    This document outlines three hypotheses about factors that could impact small and medium-sized enterprise (SME) performance: 1) having a formal innovation strategy is positively related to performance, 2) implementing a formal organizational structure is positively related to performance, and 3) developing strong customer and supplier relationships is positively related to performance. It notes that while large companies benefit from formal planning, strategies may not transfer well to flexible SMEs.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    Innovation Strategy

    Organizations with formal


    strategies performed
    better than those without
    strategies

    Formal planning is often
    regarded as limited to large
    enterprises

    Not transferable to the
    requirements of the
    flexibly structured SMEs







    Hypothesis 1: The
    relationship between
    Innovation strategy and
    SME performance is
    positive and significant
    Formal Structure







    Relationship between
    organizational size and
    innovation is inconsistent

    Manufacturing firms rely
    on functional specializations to
    improve level of cost efficiency









    Hypothesis 2: The
    relationship between
    Formal structure and
    SME performance is
    positive and significant











    Developing partnerships
    help to maximize use of limited
    resources

    Provide opportunities to
    acquire new skills and improve
    existing ones

    SMEs may not have time &
    expertise to develop
    partnerships or joint ventures











    Hypothesis 3: The
    relationship between
    Customer and supplier
    relationships and SME
    performance is positive
    and significant
    Customer & Supplier Relationships

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