In today’s technological environment, organizational capabilities for managing change are regarded as important for business survival and growth. In particular, dynamic organizational capabilities have attracted considerable research interest over the past decade. Recently several studies have suggested that dynamic capabilities may be associated with a concept termed organizational fitness. What is not clear in this emerging research stream is whether firms with superior organizational fitness are more likely to prosper than unfit firms. In addition, relatively little attention has been directed toward creating a systemic model of dynamic capabilities that explains organizational fitness. The nature of fitness has been intensively debated in the biological sciences over a period of several decades. A confusing variety of fitness definitions have emerged from this literature. The lack of an agreed definition of fitness has resulted in several streams of research on organizational fitness. As a result of this fragmentation, there has been little progress toward answering the question of how to measure organizational fitness. The fragmentation in organizational fitness literature is problematic, because research into the relationship between organizational fitness and firm performance is not well-advanced. In this study, organizational fitness is defined in terms of organizational capability to produce variation. By defining fitness in this way, the tautological criticisms leveled against existing concepts of fitness are avoided. The definition of fitness proposed here accommodates both an evolutionary learning perspective and a perspective of strategic management, and thus reflects an integrative approach to the concept. A notable feature of the literature exploring organizational fitness is that it has been focused on large corporations. However, a growing body of literature suggests that SMEs are different from large firms and need to be examined in their own right. SMEs are important contributors to business in most countries throughout the world. This study addresses that perceived gap in the literature and asks: What relationship, if any, is there between organizational fitness and business performance for SMEs? Theory is developed and tested here by means of a large sample of SMEs in New Zealand. Two distinct aspects of organizational fitness are identified for SMEs. First, survival fitness is associated with generic combinative capabilities. Second, growth fitness is associated with knowledge assimilation and transformation. SME growth fitness and survival fitness are each found to be positively related to business performance under a variety of contexts. Further, an increase of growth fitness and survival fitness provides a means of alleviating selection pressures for SMEs. That is, dynamic capabilities of knowledge assimilation and integration are found to be positively associated with SME business performance. In contrast to studies that advocate SME development of context-dependent capabilities, the findings of this study suggest an alternative perspective: variable selection pressures can be influenced by SMEs with a high level of survival and growth fitness.

<p>This thesis contributes to the research field information logistics. Information logistics aims at improving information flow and at reducing information overload by providing the right information, in the right context, at the right time, at the right place through the right channel.</p><p>Ontologies are expected to contribute to reduced information overload and solving information supply problems. An ontology is created to form some kind of shared understanding for the involved stakeholders in the domain at hand. By using this semantic structure you can further build applications that use the ontology and support the employee by providing only the most important information for this person.</p><p>During the last years, there has been an increasing number of successful cases in which industrial applications successfully use ontologies. Most of these cases however, stem from large enterprises or IT-intensive small or medium-sized enterprises (SME). The current ontology development methodologies are not tailored for SME and their specific demands and preferences, such as that SME prefer mature technologies, and show a clear preference for to a large extent standardised solutions. The author proposes a new ontology development methodology, taking the specific characteristics of SME into consideration. This methodology was tested in an application case, which resulted in a number of concrete improvement ideas, but also the conclusion that further specialisation of the methodology was needed, for example for a specific usage area or domain. In order to find out in which direction to specify the methodology a survey was performed among SME in the region of Jönköping.</p><p>The main conclusion from the survey is that ontologies can be expected to be useful for SME mainly in the area of product configuration and variability modelling. Another area of interest is document management for supporting project work. The area of information search and retrieval can also be seen as a possible application field, as many of the respondents of the survey spend much time finding and saving information.</p>

<p>The business climate of today, with increasing globalization, has resulted in structural changes in the commercial and industrial sectors. As a result, many large companies have moved their production abroad. Therefore the smaller companies have become increasingly important for growth and employment nationally. Small businesses are a significant contributor to the well-being of nations and small and medium-sized enterprises (SMEs) play an important role for Sweden, both in terms of economic contribution and employment.</p><p>Success has been discussed and investigated for a long period of time and the question is how it should be defined and measured. Many theories have been produced including different definitions and research methods. For this thesis, however, success is defined as the growth and financial performance of a firm measured in volume growth, relative change in net turnover, and value growth, relative change in equity. As a side condition, profit margins must be positive for a company to be classified as successful. This thesis hence aims to determine which factors influence the success of small and medium-sized enterprises in Sweden and how they influence the success of these enterprises.</p><p>Eleven manufacturing SMEs, seven successful and four unsuccessful, were investigated and analyzed separately and then compared with one another in an attempt to determine which specific factors contributed to their respective performance. The four unsuccessful companies were included in the investigation for comparison to be able to identify the specific factors for successful companies. The analyses resulted in the following areas: Organization, Vision and Strategy, Characteristics of the CEO, Core Competences, Recruiting, Product Development and Innovations and Market. Among these factors Vision and Strategy, Core Competences and Customer Interaction were identified as the factors that have the greatest impact on success. Additionally, two clear relations between factors could be determined, i.e. between Clear vision and strategy and Defined culture as well as a relation between Flexibility and Customer Interaction.</p><p>The conclusions are generalizable to all manufacturing SMEs in Sweden since the sample selection is representative for the target population. Furthermore, the success factors could be applied to companies abroad as well if the business climate and the conditions are similar. Whether the factors can be applied to firms that act within different SNI-codes (Swedish Standard Industrial Classification) besides manufacturing is yet to be proved.</p><p>For further research we suggest a deeper investigation, where the information is obtained from more than one sources within the company. Also, the external networks of the company could be of interest to interview. Other aspects to investigate further would be potential differences between small and medium-sized firms and whether or not the results are applicable for other industries.</p>

<p>The business environment is changing rapidly, becoming very competitive and challenging for all firms, and particularly for small and medium enterprises (SMEs). As innovation and new product development represent valuable sources for SMEs’ future sustainability and development, making these processes more effective is essential. Previous literature, with the focus on large firms, underlined the importance of efficiently managing the early period of new product development (NPD), as this can reduce the product’s time to market and increase its performance. For this reason, contributing to a developed understanding of the challenges of medium-sized firms in managing this phase, the fuzzy front-end (FFE) of NPD, is the aim of this study.</p><p>The theoretical framework of this study combines prior theories that relate to the difficulties, shortcomings, challenges that SMEs meet during the whole NPD process, including FFE, and theories that resulted from research on FFE in large firms. The structure is based on four elements referring to managing the idea generation process, new product development team, evaluation of product concept feasibility, and the organization of FFE.</p><p>A qualitative strategy and a research design with two case studies on high-tech, medium-sized manufacturing firms were used in reaching the purpose of this study. This methodology choice reflects the explorative purpose of this research. The empirical data are mainly primary data, collected during three interviews with development managers and a product developer, completed as well with secondary data like general company information, collected from companies’ websites.</p><p>The analysis of empirical findings revealed some relevant conclusions, which can bring value to the research area, and also to the practice. Our findings show that lack of communication with customers during the whole FFE phase, collecting limited or inaccurate information to be processed during this phase, finding the right formalization degree of FFE activities, determining the complexity of the product concept, and assessing external technology and expertise, represent the main challenges faced by medium-sized firms in the FFE of NPD.</p><p>The study’s practical relevance consists in the advices and solutions suggested to managers for overcoming the challenges of the FFE phase and improving their results in the development projects. The theoretical implications reflect the importance of organizational size variable in association with the challenges of FFE.</p><p>The sample of only two cases and the quality of the empirical data collected from two high-tech Swedish manufacturing firms which have a large focus on innovation are the main limitations of this study, as these medium-sized firms have gained some experience to face the specific challenges of FFE of NPD and the data they provide may be influenced by this aspect.</p>

<p>French SMEs within the medical technology industry follow an internationalization pattern which cannot completely be explained by traditional internationalization models. Going abroad is not a strategy to overcome challenges inherent to the medical technology industry. Instead, it is the positive consequence of their merge with internationalized firms, or an opportunity offered by their network.</p>

In recent years, with the economic development in China and the direct flights between Taiwan and China; there are more and more Taiwanese enterprises invest in China industrial market. This business environment change results in the increasing Taiwanese employees travelling between China and Taiwan frequently, or even been dispatched to China for long-term. In the future, the opportunities of work exchange between Taiwan and China will increase rapidly. Taiwan and China has no language barrier, however, the thinking logic, attitude towards work, and corporate management style between two places are fairly divergent. All these differences impact both Taiwanese and Chinese enterprises development. Today, China¡¦s workers strive for their work and almost catch up with Taiwan. Do Taiwan¡¦s workers notice it? The author has been dispatched to China for more than five years, and returned to Taiwan for three years. We can see the way of business management and the working environment between Taiwan and China through the experience of author. This narrative will give an overview and suggestions to those Taiwanese who is willing to work in China, and to those Taiwanese who plan to return to Taiwan market. For the workers who are seeking for opportunities of work exchange, the author suggests they should have abilities such as authorization management, regulate the rhythm of the work, resource integration, and excellent communication skill with local workers. On the other hand, for the workers who return to Taiwan job market, face to the primary depression, adjust mindset, and balance work and family lives are the keys to a successful transfer.

Die vorliegende Studie analysiert die Ergebnisse einer bundesweiten Unternehmensbefragung zum Finanzierungsverhalten deutscher KMU. Im Fokus stehen die Verfügbarkeit konkreter Finanzierungsinstrumente für KMU und deren Akzeptanz im Mittelstand. Dies soll die derzeitigen Möglichkeiten und Grenzen des heimischen Banken- und Finanzsystems verdeutlichen. Darüber hinaus werden verschiedene Aspekte des Innovationsverhaltens der befragten Unternehmen beleuchtet. Es zeigt sich, dass die Finanzierung aus erwirtschafteten Gewinnen einen überragenden Stellenwert besitzt. Zudem werden neben dem traditionell verankerten Bankdarlehen, vor allem kurzfristige, flexible, aber teure Kontokorrent- und Lieferantenkredite für Investitionszwecke genutzt. Alternative Finanzierungsinstrumente, wie Mezzanine, Beteiligungskapital sowie auch Kapitalmarktfinanzierungen haben bisher nur eine marginale Bedeutung erlangt. Als mögliche Ursachen hierfür sind mangelnde Kenntnisse und persönliche Vorbehalte auf Unternehmensseite, aber auch die grundsätzliche Nichteignung dieser Alternativen festzustellen. So liegt das nachgefragte Finanzierungsvolumen bei KMU häufig unter den Mindestgrenzen derartiger Kapitalgeber. Staatliche Förderinstrumente, welche vor allem von größeren mittelständischen Unternehmen in Anspruch genommen werden, können dabei nur einen Teilbeitrag leisten, um die Finanzierungsrestriktionen zu reduzieren. Im Bereich der Innovationsfinanzierung zeigt sich daher vor allem bei mittelgroßen Projekten ein besonderer Finanzierungsengpass. / This study analyzes the results of a nationwide survey on the corporate financing behavior of German SMEs. The availability of specific financial instruments for SMEs and their acceptance from an entrepreneurial perspective is investigated. Therefore, the current possibilities and limitations of the domestic banking and financial system are illustrated. Moreover, various aspects of the innovation behaviour of the companies are highlighted. It is shown that funding from earned profits has an outstanding importance. Furthermore, beside the traditional Bank loan, especially the short-term, flexible but also expensive overdraft and supplier credit are frequently used for investment purposes. Yet alternative financing capital such as mezzanine, private equity as well as capital market financing instruments had only a marginal importance. Possible reasons for these findings are on the one hand a lack of knowledge and personal reservations from the entrepreneurial perspective. On the other hand, a general unsuitability of these alternatives partially is noted, e.g. the funding volume from SMEs is often below the requested minimum limits of these alternatives. State subsidies, which are taken mainly from larger SMEs, can only make a partial contribution to reduce these financing constraints. Finally, a special funding shortfall is highlighted for medium-sized project´s in the field of innovation financing.

French SMEs within the medical technology industry follow an internationalization pattern which cannot completely be explained by traditional internationalization models. Going abroad is not a strategy to overcome challenges inherent to the medical technology industry. Instead, it is the positive consequence of their merge with internationalized firms, or an opportunity offered by their network.

Small- and medium-sized enterprises (SMEs) in developing countries are reported to encounter difficulties in accessing to formal external financing resource. Banking systems in this category of countries are either under-developed or newly reformed. The purpose of this paper is to investigate whether SME financing in China, measured by SMEs per capita, is affected by local bank competition, measured by number of banks per capita or share of foreign banks. Control variables such as Gross Domestic Product (GDP), level of infrastructure and geographic location are also included in the regression models. The main findings are that: when disregarding the ownership of banks, bank competition has positive impact on SME financing across Chinese provinces, although the relationship is non-linear; and foreign banks do not significantly influence SME bank financing in China. The first finding generally support the conventional theories of industrial organization and the second one offers the basis for further arguments about the role of foreign banks in financing SMEs in China.

The business climate of today, with increasing globalization, has resulted in structural changes in the commercial and industrial sectors. As a result, many large companies have moved their production abroad. Therefore the smaller companies have become increasingly important for growth and employment nationally. Small businesses are a significant contributor to the well-being of nations and small and medium-sized enterprises (SMEs) play an important role for Sweden, both in terms of economic contribution and employment. Success has been discussed and investigated for a long period of time and the question is how it should be defined and measured. Many theories have been produced including different definitions and research methods. For this thesis, however, success is defined as the growth and financial performance of a firm measured in volume growth, relative change in net turnover, and value growth, relative change in equity. As a side condition, profit margins must be positive for a company to be classified as successful. This thesis hence aims to determine which factors influence the success of small and medium-sized enterprises in Sweden and how they influence the success of these enterprises. Eleven manufacturing SMEs, seven successful and four unsuccessful, were investigated and analyzed separately and then compared with one another in an attempt to determine which specific factors contributed to their respective performance. The four unsuccessful companies were included in the investigation for comparison to be able to identify the specific factors for successful companies. The analyses resulted in the following areas: Organization, Vision and Strategy, Characteristics of the CEO, Core Competences, Recruiting, Product Development and Innovations and Market. Among these factors Vision and Strategy, Core Competences and Customer Interaction were identified as the factors that have the greatest impact on success. Additionally, two clear relations between factors could be determined, i.e. between Clear vision and strategy and Defined culture as well as a relation between Flexibility and Customer Interaction. The conclusions are generalizable to all manufacturing SMEs in Sweden since the sample selection is representative for the target population. Furthermore, the success factors could be applied to companies abroad as well if the business climate and the conditions are similar. Whether the factors can be applied to firms that act within different SNI-codes (Swedish Standard Industrial Classification) besides manufacturing is yet to be proved. For further research we suggest a deeper investigation, where the information is obtained from more than one sources within the company. Also, the external networks of the company could be of interest to interview. Other aspects to investigate further would be potential differences between small and medium-sized firms and whether or not the results are applicable for other industries.