JOURNAL ARTICLE

Innovation in SMEs in Times of Crisis: The Ability to Reconcile Formality, Agility and Speed.

  • Published In: International Journal of Innovation & Technology Management, 2023, v. 20, n. 5. P. 1 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Blais, Caroline 3 of 3

Abstract

During the recent health crisis, certain small and medium-sized enterprises (SMEs) successfully developed and commercialized new products, sometimes outside their usual business sector. What practices were adopted to carry out these product innovations? To answer this question, an exploratory case study was conducted with two SMEs to learn about their motivations, practices and challenges. The results show that they engaged in innovation to survive, using a succinct and flexible innovation process, combining the principles of the stage gate system with certain aspects of the Xpress and Agile versions. During a crisis, SMEs can deploy an innovation process quickly and with agility if resources and skills are accessible and collaborations possible. [ABSTRACT FROM AUTHOR]

Additional Information

  • Source:International Journal of Innovation & Technology Management. 2023/08, Vol. 20, Issue 5, p1
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2023
  • ISSN:0219-8770
  • DOI:10.1142/S0219877023420026
  • Accession Number:169705962
  • Copyright Statement:Copyright of International Journal of Innovation & Technology Management is the property of World Scientific Publishing Company and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

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