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Innovation in the Australian Spatial Information Industry

Exploration and Exploitation in Early Stage Ventures and SMEs

ISBN: 978-1-78350-655-2, eISBN: 978-1-78350-656-9

Publication date: 4 August 2014

Abstract

Business literature reveals the importance of generating innovative products and services, but much of the innovation research has been conducted in large firms and not replicated in small firms. These firms are likely to have different perspectives on innovation, which means that they will probably behave differently to large firms. Our study aims to unpack how firms in Spatial Information perceive and engage in innovation as a part of their business operation.

To investigate these questions we conduct 20 in-depth interviews of top management team members in Spatial Information firms in Australia.

We find that small firms define innovation very broadly and measure innovation by its effect on productivity or market success. Innovation is seen as crucial to survival and success in a competitive environment. Most firms engage in product and/or service innovations, while some also mentioned marketing, process and organisational innovations. Most innovations were more exploitative rather than exploratory with only a few being radical innovations. Innovation barriers include time and money constraints, corporate culture and Government tendering practices. Our study sheds a light on our understanding of innovation in an under-researched sector; that is Spatial Information industry.

Keywords

Citation

Sawang, S., Zolin, R., Matthews, J. and Bezemer, M. (2014), "Innovation in the Australian Spatial Information Industry", Exploration and Exploitation in Early Stage Ventures and SMEs (Technology, Innovation, Entrepreneurship and Competitive Strategy, Vol. 14), Emerald Group Publishing Limited, Leeds, pp. 211-236. https://doi.org/10.1108/S1479-067X20140000014006

Publisher

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Emerald Group Publishing Limited

Copyright © 2014 Emerald Group Publishing Limited