Innovation practices in small technology-based companies during incubation and post-incubation periods
Purpose - Innovation is a constant attribute in the management processes of technology-based companies (TBCs), mostly small and young, and plays a relevant role in their competitiveness and survival. However, the authors assumed that the characteristics of innovation practices differ between incubat...
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| Format: | Article |
| Language: | English |
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Emerald Publishing
2018-08-01
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| Series: | Innovation & Management Review |
| Subjects: | |
| Online Access: | https://www.emeraldinsight.com/doi/pdfplus/10.1108/INMR-02-2018-007 |
| _version_ | 1818621922450079744 |
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| author | Pedro Henrique de Oliveira Ana Cláudia Fernandes Terence |
| author_facet | Pedro Henrique de Oliveira Ana Cláudia Fernandes Terence |
| author_sort | Pedro Henrique de Oliveira |
| collection | DOAJ |
| description | Purpose - Innovation is a constant attribute in the management processes of technology-based companies (TBCs), mostly small and young, and plays a relevant role in their competitiveness and survival. However, the authors assumed that the characteristics of innovation practices differ between incubated and post-incubated companies, in such aspects as formality, type, posture and strategy. The purpose of this paper is to report the innovation practices identified in small TBCs in the incubation and post-incubation periods (graduate companies). Design/methodology/approach - To achieve the purpose, the authors carried out a multiple case study with four TBCs, two incubated and two post-incubated (graduate); the study was qualitative and exploratory, and the authors collected data with their managers. Findings - The results show that these companies have high levels of innovation, which is a determinant factor for their presence in the business market; they create technological innovations in products and services, mostly incremental, such as improvements in existing products or reduction of internal costs of manufacturing. In addition, the results also show important features of the innovations, such as the interaction with other incubated companies and with universities and research centers. Originality/value - The authors conclude that there were changes in innovation practices, in the transition from incubated to graduate companies, such as the formalization of processes, a shift in focus toward the customer and an increase in resources and in projects’ relevance. |
| first_indexed | 2024-12-16T18:16:58Z |
| format | Article |
| id | doaj.art-f5ff309827534c308a56a7f286e88204 |
| institution | Directory Open Access Journal |
| issn | 2515-8961 |
| language | English |
| last_indexed | 2024-12-16T18:16:58Z |
| publishDate | 2018-08-01 |
| publisher | Emerald Publishing |
| record_format | Article |
| series | Innovation & Management Review |
| spelling | doaj.art-f5ff309827534c308a56a7f286e882042022-12-21T22:21:40ZengEmerald PublishingInnovation & Management Review2515-89612018-08-0115217418810.1108/INMR-02-2018-007611245Innovation practices in small technology-based companies during incubation and post-incubation periodsPedro Henrique de Oliveira0Ana Cláudia Fernandes Terence1School of Engineering, University of São Paulo, São Carlos, BrazilDepartment of Public Administration, School of Sciences and Languages, Paulista State University, São Paulo, BrazilPurpose - Innovation is a constant attribute in the management processes of technology-based companies (TBCs), mostly small and young, and plays a relevant role in their competitiveness and survival. However, the authors assumed that the characteristics of innovation practices differ between incubated and post-incubated companies, in such aspects as formality, type, posture and strategy. The purpose of this paper is to report the innovation practices identified in small TBCs in the incubation and post-incubation periods (graduate companies). Design/methodology/approach - To achieve the purpose, the authors carried out a multiple case study with four TBCs, two incubated and two post-incubated (graduate); the study was qualitative and exploratory, and the authors collected data with their managers. Findings - The results show that these companies have high levels of innovation, which is a determinant factor for their presence in the business market; they create technological innovations in products and services, mostly incremental, such as improvements in existing products or reduction of internal costs of manufacturing. In addition, the results also show important features of the innovations, such as the interaction with other incubated companies and with universities and research centers. Originality/value - The authors conclude that there were changes in innovation practices, in the transition from incubated to graduate companies, such as the formalization of processes, a shift in focus toward the customer and an increase in resources and in projects’ relevance.https://www.emeraldinsight.com/doi/pdfplus/10.1108/INMR-02-2018-007InnovationIncubationSmall firmTechnology-based companyPost-incubation |
| spellingShingle | Pedro Henrique de Oliveira Ana Cláudia Fernandes Terence Innovation practices in small technology-based companies during incubation and post-incubation periods Innovation & Management Review Innovation Incubation Small firm Technology-based company Post-incubation |
| title | Innovation practices in small technology-based companies during incubation and post-incubation periods |
| title_full | Innovation practices in small technology-based companies during incubation and post-incubation periods |
| title_fullStr | Innovation practices in small technology-based companies during incubation and post-incubation periods |
| title_full_unstemmed | Innovation practices in small technology-based companies during incubation and post-incubation periods |
| title_short | Innovation practices in small technology-based companies during incubation and post-incubation periods |
| title_sort | innovation practices in small technology based companies during incubation and post incubation periods |
| topic | Innovation Incubation Small firm Technology-based company Post-incubation |
| url | https://www.emeraldinsight.com/doi/pdfplus/10.1108/INMR-02-2018-007 |
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