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  • 标题:Intangible assets, innovation and value creation: Elucidating the triad for small enterprises
  • 本地全文:下载
  • 作者:Muhammad Nouman ; Shahid Ali
  • 期刊名称:African Journal of Business Management
  • 印刷版ISSN:1993-8233
  • 出版年度:2012
  • 卷号:6
  • 期号:8
  • 页码:2955-2965
  • DOI:10.5897/AJBM11.1978
  • 语种:English
  • 出版社:Academic Journals
  • 摘要:How can businesses truly derive value from innovation? This remains a fundamental question especially in the context of small enterprises (SEs) located in developing countries. Most industries/sectors in these countries are characterized by primitive technologies, limited resources and poor infrastructure. These are the conventional tangible assets that have remained the prime focus of research work on understanding innovation. However, this paper offers a unique perspective by presenting the intangible assets that an SE needs in order to innovate and derive value from that innovation. Mixed methods have been used for collecting data from 95 SEs including semi-structured in-depth interviews, structured interviews and questionnaires. A contextual approach has been applied along with qualitative data analysis to find out the nature of innovation in the SEs of north-west Pakistan. The paper also presents, for the first time, a categorized set of intangible assets required by SEs to innovate. Further, the study applies Teece’s (1986) landmark framework to present a first-time understanding of the relationship between intangible assets, innovation and value creation for SEs in a developing country. Thus, an alternative perspective is offered to policy makers and stakeholders of the region that underscores the hitherto unrealized importance of intangible assets in influencing innovation and value creation in order to make an SE sector more competitive.
  • 关键词:Innovation; intangible assets; value
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