Managing innovation for growth in high technology small firms

Abstract

This paper studies ways to support sustainable growth in high technology small firms by managing innovation. The paper examines technology based and knowledge intensive business service firms (KIBS) and their innovation management in Finland. The goal is to find at least one meaningful innovation process for a small KIBS firm that takes growth into consideration. In the paper incremental, radical, disruptive, open and systemic innovation are seen from small KIBS firm perspective a model that combines these types of innovation is presented. Two cases of small technology based small KIBS firms are also selected to closer examination.