Intangible aspects of innovation capability in SMEs: Impacts of size and industry

Abstract

In the current literature, developing innovation capability in an organization is increasingly important. The approach of this study is quantitative. The data for the study were gathered using a web-based questionnaire targeting Finnish SMEs employing 11-249 persons and with less than 50 Meuro in revenue. A sample of 2400 SMEs was randomly selected. The response rate was 7.68 percent. This paper contributes to current understanding by presenting a construct for categorizing the intangible aspects of organizational innovation capability. The study also reveals that a firm's size or industry does not have a remarkable effect on the firm's innovation capability.