Document details

Economic crisis effects on SME dynamic capabilities

Author(s): Dias, Álvaro Lopes ; Manuel, Elsio Carlos ; Dutschke, Georg ; Pereira, Renato ; Pereira, Leandro

Date: 2021

Persistent ID: http://hdl.handle.net/10400.5/30818

Origin: Repositório da Universidade de Lisboa

Subject(s): Dynamic Capabilities; Economic Crises; Smes; Entrepreneurship; Innovation Capacity; Partnerships; Knowledge Accumulation.


Description

Based on dynamic capabilities theoretical framework, this research sought to understand the implications of the recent economic crisis on the capability of developing new products by Portuguese SMEs. Specifically, we assessed how this capability was affected by variables such as entrepreneurship, innovation capacity, the knowledge accumulation, and partnerships. The hypotheses were tested using two samples, one before the crisis, with 180 and another with 105 respondents, applied during the crisis (2012). Results reveal that during the crisis SMEs were more objective and effective in the use of their resources and capabilities. In particular, was found that during the crisis the entrepreneurship, innovation capacity, accumulation of knowledge and partnerships, have an impact on the capability of developing new products. Before the crisis, only entrepreneurship and knowledge accumulation have affected this capability.

Document Type Journal article
Language English
Contributor(s) Repositório Científico de Acesso Aberto da ULisboa
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