COMPETITIVE ADVANTAGE IN SMEs ORGANISING FOR INNOVATION AND CHANGE Edited by Oswald Jones and Fiona Tilley ManchesterMetropolitan University COMPETITIVE ADVANTAGE IN SMEs COMPETITIVE ADVANTAGE IN SMEs ORGANISING FOR INNOVATION AND CHANGE Edited by Oswald Jones and Fiona Tilley ManchesterMetropolitan University Copyright2003 JohnWiley&SonsLtd,TheAtrium,SouthernGate,Chichester, WestSussexPO198SQ,England Telephone(+44)1243779777 Email(forordersandcustomerserviceenquiries):[email protected] VisitourHomePageonwww.wileyeurope.comorwww.wiley.com AllRightsReserved.Nopartofthispublicationmaybereproduced,storedinaretrievalsystem ortransmittedinanyformorbyanymeans,electronic,mechanical,photocopying,recording, scanningorotherwise,exceptunderthetermsoftheCopyright,DesignsandPatentsAct1988 orunderthetermsofalicenceissuedbytheCopyrightLicensingAgencyLtd,90Tottenham CourtRoad,LondonW1T4LP,UK,withoutthepermissioninwritingofthePublisher. RequeststothePublishershouldbeaddressedtothePermissionsDepartment,JohnWiley& SonsLtd,TheAtrium,SouthernGate,Chichester,WestSussexPO198SQ,England,oremailed [email protected],orfaxedto(+44)1243770571. Thispublicationisdesignedtoprovideaccurateandauthoritativeinformationinregardtothe subjectmattercovered.ItissoldontheunderstandingthatthePublisherisnotengagedin renderingprofessionalservices.Ifprofessionaladviceorotherexpertassistanceisrequired,the servicesofacompetentprofessionalshouldbesought. OtherWileyEditorialOffices JohnWiley&SonsInc.,111RiverStreet,Hoboken,NJ07030,USA Jossey-Bass,989MarketStreet,SanFrancisco,CA94103-1741,USA Wiley-VCHVerlagGmbH,Boschstr.12,D-69469Weinheim,Germany JohnWiley&SonsAustraliaLtd,33ParkRoad,Milton,Queensland4064,Australia JohnWiley&Sons(Asia)PteLtd,2ClementiLoop#02-01,JinXingDistripark,Singapore129809 JohnWiley&SonsCanadaLtd,22WorcesterRoad,Etobicoke,Ontario,CanadaM9W1L1 Wileyalsopublishesitsbooksinavarietyofelectronicformats.Somecontentthatappears inprintmaynotbeavailableinelectronicbooks. LibraryofCongressCataloging-in-PublicationData CompetitiveadvantageinSMEs:organisingforinnovationandchange/[editedby] OswaldJones,FionaTilley. p.cm. Includesbibliographicalreferencesandindex. ISBN0-470-84334-9(pbk.:alk.paper) 1.Smallbusiness–Management.2.Smallbusiness–Technologicalinnovations.3. Businessplanning.4.Competition.I.Jones,Oswald.II.Tilley,Fiona. HD62.7.C6532003 658.02(cid:1)2–dc21 2002191076 BritishLibraryCataloguinginPublicationData AcataloguerecordforthisbookisavailablefromtheBritishLibrary ISBN0-470-84334-9 Typesetin10/12ptPalatinobyLaserwordsPrivateLimited,Chennai,India PrintedandboundinGreatBritainbyAntonyRoweLtd,Chippenham,Wiltshire Thisbookisprintedonacid-freepaperresponsiblymanufacturedfromsustainableforestry inwhichatleasttwotreesareplantedforeachoneusedforpaperproduction. CONTENTS Biographies vii Preface xi 1 Introduction 1 FionaTilleyandJaneTonge Section1 GeneralManagementIssues 13 2 CompetitiveAdvantageinSMEs:TowardsaConceptualFramework 15 OswaldJones 3 StrategicManagementforSmallandMedium-sizedEnterprises (SMEs) 34 AlanMarsdenandCaroleForbes 4 CorporateGovernanceforCompetitiveAdvantageinSMEs 54 RichardWarren 5 SustainabilityandCompetitiveness:ArethereMutualAdvantagesfor SMEs? 71 FionaTilley,PaulHooperandLizWalley Section2 ManagingPeople 85 6 HumanResourceManagement:ManagingPeopleinSmaller Organisations 87 ScottTaylor,SueShawandCarolAtkinson vi CONTENTS 7 EmployeeShareOwnershipinSMEs 105 AndrewPendleton 8 ManagingCreativityandCompetitiveAdvantageinSMEs: ExaminingCreative,NewMediaFirms 120 MarkBanks,MegElliottandJuliaOwen 9 InnovationinSMEs:IntrapreneursandNewRoutines 135 OswaldJones 10 NetworkingCapability:TheCompetitiveAdvantageofSmallFirms 156 DavidTaylorandKrstoPandza Section3 FunctionalManagement 175 11 TheAdoptionofE-BusinessTechnologybySMEs 177 PaulWindrumandPascaledeBerranger 12 SupplyChainManagement:ImprovingCompetitiveAdvantagein SMEs 202 AllanMacphersonandAlisonWilson 13 SustainingViabilityinSMEs:PerspectivesonInnovationinFinancial Management 218 BobSweeting,TonyBerryandJitsuoGoto 14 RetailandServicesMarketing 232 SteveBaron 15 Conclusion 246 OswaldJonesandFionaTilley Index 263 BIOGRAPHIES CarolAtkinsonisSeniorLectureratManchesterMetropolitanUniversityBusiness School(MMUBS) teaching on a wide range of human resource management and organisational behaviour programmes. Her main research interests include employmentrelationshipinsmallandmedium-sizedenterprises(SMEs)andshe has practical experience as a human resource manager in the financial services, retailandvoluntarysectors. DrMarkBanksisalecturerintheDepartmentofSociologyatMMUandResearch Fellow of the Manchester Institute for Popular Culture at MMU. His research interestsareinthecreativeindustries,workandurbanculture. Steve Baron took up the position of Professor of Marketing at the University of LiverpoolManagementSchoolinJuly2002.HewasformerlyProfessorofServices MarketingatMMUBS.Hisresearchisinthefieldsofretailandservicesmarketing. Heisajointauthorofabookonservicesmarketingandhaspublishedwidelyin arangeofmarketing,servicesmarketingandretailingjournals. PascaledeBerrangerisaResearchFellowinBusinessInformationTechnologyat MMUBS. Her research interests include the adoption and usage of information andcommunicationtechnologies(ICTs)inSMEs,andtheroleofhigher-education institutionsinsupportingthelearningneedsofSMEs. Tony Berry is Professor in MMUBS and is editor of Leadership and Organisational Development Journal. His research interests include risk, financial management, consultancy,organisationalcontrolandleadership. Meg Elliott is senior lecturer in human resource management and her main researchinterestsareorganisationlearningandtransformation,allianceworking inthepublicsector,andorganisationchangeinterventions.
Description: