Given research on the relationship between innovation and firm performance in various sectors, the understanding of strategies and practices of innovation management in SMEs is still limited. In this proposed research, we will explore strategies and practices of innovation management in excelling SMEs that serve niche markets. We will (1) identify excelling SMEs in selected countries of the Anglo-Saxon model and the Nippon-Rhineland model; (2) compare strategies and practices of the SMEs within and across the countries; (3) find out innovation management practices that have contributed to the leadership of the SMEs in their markets; (4) discern similarities in these innovation management practices; and (5) explore the differences between the SMEs in the Anglo-Saxon model and those in the Nippon-Rhineland model. We will conduct in-depth case studies in Denmark, France, Germany, Japan, the Netherlands, the UK, and the USA. We expect findings to contribute to the enhancement of SME productivity, survival, and policies.
- Innovation management
- Case study