The recent theories of innovation suggest that there is great potential for innovation in the structural holes and weak links of the innovation system. Higher absorptive capacity enables an easier crossing over of structural holes in the innovation system, aided by social capital that is located...

Small and middle sized companies (SME) are important for local economies. Networking of SME is often considered to be a vital activity as well in production operations but also in innovation activities (Vesalainen 2006, Bessant and Tidd 2007.) From the perspective of small businesses the value...

Virtual organizations have been presented as one solution for SMEs aiming to increase their competitiveness. This paper seeks to clarify those preconditions that affect the abilities of SMEs to participate in virtual organizations. The reviews on the networking literature and the resource-based...

<title>Abstract</title> This paper focuses on the management of small businesses in Russia. Despite the growing importance of the Russian small business sector, there are surprisingly few empirical studies focusing on this topic. As the business environment in Russia is repeatedly noted to be in constant...

As a consequence of for example agglomeration economies, features such as good reputation and highly-skilled labour force tend to accumulate in university regions. The accumulation of highly-skilled labour and high research intensity secure a continuous flow of "raw-material" for innovations in...