Product Development Strategy Innovation Capacity and Entrepreneurial
Product Development Strategy provides a concise theoretical and analytical discussion relating to the theory and practice of strategy, innovation capacity, and entrepreneurial performance. The book discusses an innovative perspective which provides a prac
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Product Development Strategy Innovation Capacity and Entrepreneurial Firm Performance in High-Tech SMEs Mina Tajvidi Bangor Business School, Bangor University, UK and
Azhdar Karami University of Tabriz, Iran and Bangor Business School, Bangor University, UK
© Mina Tajvidi and Azhdar Karami 2015 Softcover reprint of the hardcover 1st edition 2015 978-1-137-50137-0
All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No portion of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, Saffron House, 6–10 Kirby Street, London EC1N 8TS. Any person who does any unauthorized act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2015 by PALGRAVE MACMILLAN Palgrave Macmillan in the UK is an imprint of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan in the US is a division of St Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries. ISBN 978-1-349-56993-9 DOI 10.1057/9781137501394
ISBN 978-1-137-50139-4 (eBook)
This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. Logging, pulping and manufacturing processes are expected to conform to the environmental regulations of the country of origin. A catalogue record for this book is available from the British Library. A catalog record for this book is available from the Library of Congress.
This book is dedicated to my life’s heroes, mum and dad. You are the love of my life Mina Tajvidi I would like to dedicate this book to my family for their unconditional support Azhdar Karami
Contents List of Figures
xi
List of Tables
xiii
Preface
xv
Acknowledgements
xvii
1
Introduction 1.1 Introduction 1.2 Research background 1.2.1 Product development strategy 1.2.2 Innovation capacity 1.2.3 Entrepreneurial firm performance 1.3 Rationale of study 1.4 Research objective and questions 1.5 Methodology 1.6 Summary References
1 1 1 1 2 3 6 7 8 9 10
2
Literature Review 2.1 Introduction 2.2 Strategic management 2.2.1 Origin of the term “strategy” 2.2.2 The concept of strategic management 2.2.3 Definitions of strategy in management 2.2.4 Strategic management process 2.2.5 Strategic management in small- and medium-sized enterprises (SMEs) 2.3 Strategic directions 2.3.1 Consolidation strate
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