Managing regional SME innovation: the Entrepreneurs' Programme in Australia
by Raymond Stokke
International Journal of Entrepreneurship and Innovation Management (IJEIM), Vol. 25, No. 6, 2021

Abstract: This paper investigates the influence regional public business advisory services have on innovation practices in small-to-medium-sized enterprises (SMEs). While a number of variables have been emphasised in the public advisory literature, little is known about whether the regional innovation system is a relevant context for policy-makers seeking to foster business innovation. This study is structured around the researcher's assessment of a publicly funded business advisory service that centres on theoretical notions from the regional innovation system model. Based on the empirical data, it was determined that policies should be applied through a hands-on methodology, where the main objective is to transfer knowledge of value to the business community. By serving as intermediaries in the regional innovation system, the publicly supported business advisory services in this case study were able to substantially aid client firms with innovation development. Most of these developments would not have taken place in absence of this advisory service, suggesting it generates a high amount of innovative activity.

Online publication date: Tue, 25-Jan-2022

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