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Innovation and Small Firms’ Growth Prospects: Relational Proximity and Knowledge Dynamics in a Low-tech Industry

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  • Anastasia Petrou
  • Irene Daskalopoulou
Abstract
The paper tests the hypothesis that innovation activity determines the growth prospects of small low-tech firms. Innovation here is analysed as a function of a firm's knowledge base and the relational proximity processes it is involved in. Analysis refers to small and medium- sized enterprises in tourism under the premise that important insights might be provided as regards to the functioning of innovation processes in low-tech industries.

Suggested Citation

  • Anastasia Petrou & Irene Daskalopoulou, 2008. "Innovation and Small Firms’ Growth Prospects: Relational Proximity and Knowledge Dynamics in a Low-tech Industry," European Planning Studies, Taylor & Francis Journals, vol. 17(11), pages 1591-1604, October.
    • Handle: RePEc:taf:eurpls:v:17:y:2008:i:11:p:1591-1604
    DOI: 10.1080/09654310903226523
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    References listed on IDEAS

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    1. David Jacobson & Hartmut Hirsch-Kreinsen & Keith Smith & Staffan Laestadius, "undated". "Low-Tech Industries and the Knowledge Economy: State of the Art and Research Challenges," STEP Report series 200316, The STEP Group, Studies in technology, innovation and economic policy.
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    Cited by:

    1. Dawid Szutowski & Marlena A. Bednarska, 2014. "Short- and Long-Term Effects of Innovations on Enterprise Market Value: A Case of the Tourism Industry," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 10(4), pages 45-63.
    2. CLAUDINE KEARNEY & KILLIAN J. McCARTHY & EELKO K. R. E. HUIZINGH, 2019. "One Size (Does Not) Fit All: Evidence Of Similarities And Differences Between Product Innovation Management In High- And Low-Tech Manufacturing Firms," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 23(01), pages 1-30, January.
    3. Leick, Birgit, 2013. "Balancing Firm and Network-based Resources to Gain Competitive Advantage: A Case Study of an Artisanal Musical Instruments Cluster in Germany," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 24(2), pages 77-95.
    4. Hervas Oliver,Jose Luis & Gonzalez,Gregorio & Caja,Pedro, 2014. "Clusters and industrial districts: where is the literature going? Identifying emerging sub-fields of research," INGENIO (CSIC-UPV) Working Paper Series 201409, INGENIO (CSIC-UPV).

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