How institutions influence SME innovation and networking practices: the case of Vietnamese agribusiness

Research output: Contribution to journal › Journal article › Research › peer-review

Standard

How institutions influence SME innovation and networking practices : the case of Vietnamese agribusiness. / Thai, Thi Minh; Hjortsø, Carsten Nico Portefée.

In: Journal of Small Business Management, Vol. 53, No. Supplement S1, 01.10.2015, p. 209-228.

Research output: Contribution to journal › Journal article › Research › peer-review

Harvard

Thai, TM & Hjortsø, CNP 2015, 'How institutions influence SME innovation and networking practices: the case of Vietnamese agribusiness', Journal of Small Business Management, vol. 53, no. Supplement S1, pp. 209-228. https://doi.org/10.1111/jsbm.12189

APA

Thai, T. M., & Hjortsø, C. N. P. (2015). How institutions influence SME innovation and networking practices: the case of Vietnamese agribusiness. Journal of Small Business Management, 53(Supplement S1), 209-228. https://doi.org/10.1111/jsbm.12189

Vancouver

Thai TM, Hjortsø CNP. How institutions influence SME innovation and networking practices: the case of Vietnamese agribusiness. Journal of Small Business Management. 2015 Oct 1;53(Supplement S1):209-228. https://doi.org/10.1111/jsbm.12189

Author

Thai, Thi Minh ; Hjortsø, Carsten Nico Portefée. / How institutions influence SME innovation and networking practices : the case of Vietnamese agribusiness. In: Journal of Small Business Management. 2015 ; Vol. 53, No. Supplement S1. pp. 209-228.

Bibtex

@article{b638e5eea5ea41818e5242c514ad6e86,
title = "How institutions influence SME innovation and networking practices: the case of Vietnamese agribusiness",
abstract = "This paper addresses impacts of the institutional framework on small and medium-sized enterprise (SME) innovation and networking practices. Through an explorative study of a domestic SME-dominated sector in Vietnam, we find that the institutional framework limits incentives for long-term investments, resulting in exploitative cost-control strategies rather than product-oriented innovation. Due to dominating social norms, SMEs form trust-based friendship networks, potentially limiting knowledge acquisition and weakening business rationality. Institutional pressures reinforce negative influences on SMEs' incentives to develop innovation ambidexterity. The findings suggest that new institutional economic sociology provides a promising foundation for understanding how institutional frameworks influence SMEs' innovation practices in emerging economies.",
author = "Thai, {Thi Minh} and Hjorts{\o}, {Carsten Nico Portef{\'e}e}",
year = "2015",
month = oct,
day = "1",
doi = "10.1111/jsbm.12189",
language = "English",
volume = "53",
pages = "209--228",
journal = "Journal of Small Business Management",
issn = "0047-2778",
publisher = "Wiley-Blackwell",
number = "Supplement S1",

}

RIS

TY - JOUR

T1 - How institutions influence SME innovation and networking practices

T2 - the case of Vietnamese agribusiness

AU - Thai, Thi Minh

AU - Hjortsø, Carsten Nico Portefée

PY - 2015/10/1

Y1 - 2015/10/1

N2 - This paper addresses impacts of the institutional framework on small and medium-sized enterprise (SME) innovation and networking practices. Through an explorative study of a domestic SME-dominated sector in Vietnam, we find that the institutional framework limits incentives for long-term investments, resulting in exploitative cost-control strategies rather than product-oriented innovation. Due to dominating social norms, SMEs form trust-based friendship networks, potentially limiting knowledge acquisition and weakening business rationality. Institutional pressures reinforce negative influences on SMEs' incentives to develop innovation ambidexterity. The findings suggest that new institutional economic sociology provides a promising foundation for understanding how institutional frameworks influence SMEs' innovation practices in emerging economies.

AB - This paper addresses impacts of the institutional framework on small and medium-sized enterprise (SME) innovation and networking practices. Through an explorative study of a domestic SME-dominated sector in Vietnam, we find that the institutional framework limits incentives for long-term investments, resulting in exploitative cost-control strategies rather than product-oriented innovation. Due to dominating social norms, SMEs form trust-based friendship networks, potentially limiting knowledge acquisition and weakening business rationality. Institutional pressures reinforce negative influences on SMEs' incentives to develop innovation ambidexterity. The findings suggest that new institutional economic sociology provides a promising foundation for understanding how institutional frameworks influence SMEs' innovation practices in emerging economies.

U2 - 10.1111/jsbm.12189

DO - 10.1111/jsbm.12189

M3 - Journal article

VL - 53

SP - 209

EP - 228

JO - Journal of Small Business Management

JF - Journal of Small Business Management

SN - 0047-2778

IS - Supplement S1

ER -

ID: 99101334