Next generation entrepreneur: Innovation strategy through Web 2.0 technologies in SMEs

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Abstract

This essay studies the diffusion/adoption of Web 2.0 technologies in small and medium sized enterprises (SMEs)' innovation strategies and particularly in research, development, design and other innovation activities. It looks at the effects of these technologies on the evolution and the dynamics of firm's innovation capabilities and the implications of entrepreneurial turnover on the adoption of said technologies. The study is based on original fieldwork with some 130 SMEs. The author finds that a consistent share of SMEs is actively trying to fill the knowledge gap and integrate Web 2.0 technologies in their innovation strategies. SMEs are managing this integration by progressively adjusting their behaviour in reaction to the opportunities offered by the technology and balancing the dependence of the business from the web. Barriers to the adoption of such technologies are also discussed. © 2013 © 2013 Taylor & Francis.
Original languageEnglish
Pages (from-to)891-904
Number of pages13
JournalTechnology Analysis and Strategic Management
Volume25
Issue number8
DOIs
Publication statusPublished - Sept 2013

Keywords

  • collaborative innovation
  • digital natives
  • R&D and innovation
  • SMEs
  • Web 2.0 innovation strategy
  • Web 2.0 technologies

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