nach oben

Erschienen in:

2017 | OriginalPaper | Buchkapitel

9. Strategic Innovation Management of Small and Medium-Sized Manufacturing Companies in Rwanda

verfasst von : Ngweshi Kazinguvu

Erschienen in: Management Challenges in Different Types of African Firms

Verlag: Springer Singapore

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

This chapter has two objectives: first, to investigate the basic strategies for innovation in Rwandan SMEs, and second, to create awareness about the necessity of strategic innovations in the daily management of SMEs in the country. The chapter starts by defining the concept of strategic innovation and discusses some tactics used by SMEs for the successful implementation of strategic innovations, that is, how they cultivate a style of organizational behavior that is comfortable with new ideas, changes, risks, and even failures. A purposeful technique is used to select a sample of 40 people in seven manufacturing SMEs for interviews to see how strategic innovations were implemented through transmission of SMEs’ vision and strategic targets to employees, tolerance of risks, mistakes and failures, degree of decision making by operational staff members, and attention to the future through transparency and truth. This chapter also gives a set of practical implications and suggestions on how to increase the culture of innovation.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Vorheriges Kapitel International Financial Reporting Standards and the Capital Market in Rwanda

Nächstes Kapitel Cameroon: Innovations and ICT and Their Combined Performance Effects on Small, Medium, and Micro-sized Enterprises

Abell, D. 1980. Defining the business: The starting point of strategic planning. Englewood Cliffs, NJ: Prentice-Hall Inc.

Aghion, P., and J. Tirole. 1997. Formal and real authority in organizations. Journal of Political Economy 1–29.

Amit, R., and C. Zott. 2001. Value creation in e-business. Strategic Management Journal 22: 493–520.CrossRef

Ansoff, H. 1965. Corporate strategy: An analytic approach to business policy for growth and expansion. New York: McGraw-Hill.

Aosa, E. 1992. An Empirical Investigation of Strategy Formulation and Implementation with Large Private Manufacturing Companies in Kenya, Unpublished PhD thesis, University of Strathclude, Scotland.

Asheim, B.T., O. Ejermo, and A. Rickne. 2009. When is regional “Beautiful”? Implications for knowledge flows, entrepreneurship and innovation. Industry and Innovation 16 (1): 1–9.CrossRef

Barras, R. 1990. Interactive innovation in financial and business services: The vanguard of the service revolution. Research Policy 19 (3): 215–237.CrossRef

Bartelsman, E., S. Scarpetta, and F. Schivardi. 2005. Comparative analysis of firm demographics and survival: Micro-level evidence for the OECD countries. Industrial and Corporate Change 14 (3): 365–391.CrossRef

Berry, M. 1996. Technical entrepreneurship, strategic awareness, and corporate transformation in small high—tech firms. Technovation 16 (9): 187–199.CrossRef

Bhardwaj, B.R., and K. Momaya. 2007. Corporate entrepreneurship: Application of moderator method. Singapore Management Review 29 (1): 47.

Biolos, J. 1996. Managing the process of innovation. Boston: Harvard Business School Publishing.

Boag, D., and B. Rinholm. 1989. New product management practices of small high technology firms. Journal of Product Innovation Management 6 (2): 109–120.CrossRef

Bowen, A., and M. Ricketts. 1992. Stimulating innovation in industry: The challenges for the United Kingdom. London: NEDO.

Bracker, J., B. Keats, and J. Pearson. 1988. Planning and financial performance among small firm in a growth company. Strategic Management Journal 9 (6): 590–600.CrossRef

Braunerhjelm, P. 2010. Entrepreneurship, Innovation and Economic Growth-past experience, current knowledge and policy implications, Stockholm: Swedish Entrepreneurship Forum, Working Paper 2010:02.

Brem, A. 2008. The boundaries of innovation and entrepreneurship. Conceptual background and essays on selected theoretical and empirical aspects. Gabler Edition. Wissenschaft. Wiesbaden: Gabler.

Cato, S.T., and J. Gordon. 2012. Relationship of the strategic vision alignment to employee productivity and student enrollment. Research in Higher Education Journal 15: 1.

Cooke, P. 2001. Regional innovation systems, clusters, and the knowledge economy. Industrial and Corporate Change 10 (4): 945–974.CrossRef

Coulter, M. 2010. Strategic management in action, 5th ed. London: Pearson Higher Education.

Davila, T., M. Epstein, and R. Shelton. 2006. Making innovation work: How to manage it, measure it and profit from it, COI insight. Upper Saddle River: Wharton School Publishing.

De Jong, J., and S. Wennekers. 2008. Intrapreneurship: Conceptualizing entrepreneurial employee behaviour. Zoetermeer: EIM-SCALES (Scientific Analysis of Entrepreneurship and SMEs), Working Paper 2008–02.

Dodgson, M., and R. Rothwell. 1991. Technology strategies in small firms. Journal of General Management 17 (1): 45–55.CrossRef

Drucker, P. 1985. Innovation and entrepreneurship: Practise and principles. London: Heinemann.

Elenkov, D.S., W. Judge, and P. Wright. 2005. Strategic leadership and executive innovation influence: An international multi-cluster comparative study. Strategic Management Journal 26: 665–682.CrossRef

Fagerberg, J., M. Fosaas, and K. Sapprasert. 2012. Innovation: Exploring the knowledge base. Research Policy 41: 1132–1153.CrossRef

Fred, R. 2011. Strategic management concepts and cases, 13th ed. New Jersey: Prentice Hall.

Janssen, O. 2005. The joint impact of perceived influence and supervisor supportiveness on employee behaviour. Journal of Occupational and Organizational Psychology 78: 573–579.CrossRef

Johnson, G., K. Scholes, and R. Whittington. 2008. Exploring corporate strategy, 8th ed. London: Prentice Hall.

Gadomska-Lila, K. 2008. Evolution of organisational culture of polish companies in the context of their competitiveness–results of empirical research. Studia i Prace Wydziału Nauk Ekonomicznych i Zarządzania 4: 119–134.

Glass, G.V., and K.D. Hopkins. 1970. Statistical methods in education and psychology. Englewood Cliffs, NJ: Prentice-Hall.

Gebauer, H., H. Worch, and B. Truffer. 2012. Absorptive capacity, learning processes and combinative capabilities as determinants of strategic innovation. European Management Journal 57–73.

Geroski, P. 1998. Thinking creatively about your market: crisps, perfume and business strategy. Business Strategy Review 9 (2): 1–10.CrossRef

Gitonga, T. 2003. Innovation processes and the perceived role of the CEO in the banking industry, Unpublished MBA Project, University of Nairobi.

Grimm, C.M., and K.G. Smith. 1997. Strategy as action: Industry rivalry and coordination. Cincinnati, OH: South Western.

Hall, R. 1992. Strategic analysis of intangible resources. Strategic Management Journal 13 (2): 135–144.CrossRef

Hamel, G. 1998. Strategy innovation and the quest for value. Sloan Management Review 7–14.

Hitt, M.A., J.E. Ricart I Costa, and R.D. Nixon. 1998. The new frontier. In Managing strategically in an interconnected world, ed. M.A. Hitt, J.E. Ricart I Costa, and R.D. Nixon, 1–12. Chichester: Wiley.

Ireland, R.D., and M.A. Hitt. 1999. Achieving and maintaining strategic competitiveness in the 21st century: the role of strategic leadership. Academy of Management Executive 13: 43–57.

Kataria, S. 2013. Strategic innovation: a review and a theoretical framework. Management of governance business administration: University of Twente.

Kim, W.C., and R. Mauborgne. 1999. Strategy, value innovation and the knowledge economy. Sloan Management Review 40 (3): 41–54.

Lee, H., K.G. Smith, C.M. Grimm, and A. Schomburg. 2000. Timing, order and durability of new product advantages with imitation. Strategic Management Journal 21 (1): 23–30.CrossRef

Lionnet, P. 2003. Innovation, the process. Lisbon: ESA training workshop.

Lundvall, B. 2007. National innovation systems analytical concept and development tool. Industry and Innovation 14 (1): 95–119.CrossRef

Marins, L. 2008. The challenge of measuring innovation in emerging economies’ firms: A proposal of a new set of indicators on innovation. Maastricht: United Nations University. Maastricht Economic and social Research and training centre on Innovation and Technology.

Markides, C. 1998. Strategic innovation in established companies. Sloan Management Review 38 (Spring): 31–42.

Mc Daniel, B.A. 2002. Entrepreneurship and innovation: An economic approach. London: M.E Sharp.

Mintzberg, H. 1987. The strategy concept I: Five Ps for strategy. California Management Review 30 (1): 11–24.CrossRef

Mwangi S.K. 2007. Factors influencing financial innovation in Kenya’s securities market. A study of firms listed at the NSE. Unpublished MBA Project University of Nairobi.

Nelson, R.R. 1994. The co-evolution of technology, industrial structure, and supporting institutions. Industrial and Corporate Change 3 (1): 47–63.CrossRef

Ngugi, J.K., M.O. Mcorege, and J.M. Muiru. 2013. The influence of innovativeness on the growth of SMEs in Kenya. International Journal of Business and Social Research 3 (1): 25–31.

Oakey, R., and S. Cooper. 1991. The relationship between product technology and innovation performance in high technology small firms. Technovation 11 (2): 79–90.CrossRef

Palmer, D. and S. Kaplan. 2007. A framework for strategic innovation. Blending strategy and creative exploration to discover future business opportunities. Innovation Point Working Paper 925.405.5003, accessed at http://www.innovation-point.com/A%20Framework%20for%20Strategic%20Innovation.pdf on January 23, 2017.

Pearce, J.A., and R.B. Robinson. 2010. Strategic management, formulation, Implementation and control, 10th ed. New York: McGraw-Hill Companies Inc.

Peters, T. 1988. Facing up to the need for a management revolution. California Management Review 30 (2): 7–38.CrossRef

Pinchot, G., and R. Pellman. 1999. Intrapreneuring in action: A handbook for business innovation. San Francisco: Berrett-Koehler Publishers.

Porter, M.E. 2004. Competitive advantage, creating and sustaining superior performance. New York: Free Press.

Riedle, K. 1989. Demand for R&D activities and trade—off between in-house and external research: a viewpoint from industry with reference to large companies and SMEs. Technovation 9: 213–225.CrossRef

Roberts, P.W. 1999. Product innovation, product-market competition and profitability in U.S. pharmaceutical industry. Strategic Management Journal 20: 655–670.CrossRef

Robinson, E.A. 1997. America’s most admired companies. Fortune, 3 March, p. 68+.

Rogers, E. 1982. Diffusion of innovations, 3rd ed. New York: The Free Press.

Schendel, D., and C. Hofer. 1979. Strategic management: A view of business policy and planning. Administrative Science Quarterly 25 (3): 536–543.

Schlegelmilch, B.B., A. Diamantapoulos, and P. Kreuz. 2003. Strategic innovation: the construct, its drivers and its strategic outcomes. Journal of Strategic Marketing 11 (2): 117–132.CrossRef

Smith, M., M. Busy, P. Hall, and R. van der Meer. 2008. Factors influencing an organizations ability to manage innovation: A structured literature review and conceptual model. International Journal of Innovation Management 12 (4): 655–656.CrossRef

Subramaniam, M. and N. Venkatraman. 1999. The influence of leveraging tacit overseas knowledge for global new product development capability: An empirical examination. In Dynamic strategic resources, ed. M.A. Hitt, P.G. Difford, R.D. Nixon, and K.P Coyne, 373–401. Chichester: Wiley.

Van de Ven, A.H. 1995. Managing the process of organizational innovation. In Organizational change and redesign, ed. G.P. Huber and W.H. Glick, 269–294. Oxford UP.

Yates, L., and P. Skarzynski. 1999. How do companies get to the future first? Management Review 88 (1): 16–22.

Zaltman, G., R. Duncan, and J. Holbek. 1973. Innovations and organizations. New York: Wiley.

Titel: Strategic Innovation Management of Small and Medium-Sized Manufacturing Companies in Rwanda
verfasst von: Ngweshi Kazinguvu
Verlag: Springer Singapore
Buch: Management Challenges in Different Types of African Firms
Print ISBN: 978-981-10-4535-6

Electronic ISBN: 978-981-10-4536-3

Copyright-Jahr: 2017
DOI: https://doi.org/10.1007/978-981-10-4536-3_9