Received November 3, 2009 / Accepted December 2, 2009 J. Technol. Manag. Innov. 2009, Volume 4, Issue 4
ISSN: 0718-2724. (http://www.jotmi.org)
Journal of Technology Management & Innovation © Universidad Alberto Hurtado, Facultad de Economía y Negocios
SME Innovative Capacity, Competitive Advantage and Performance in a
‘Traditional’ Industrial Region of Portugal
Carla Susana Marques1 , João Ferreira2
This study aims to identify the factors that contribute to the building of a firm’s innovative capacity and to assess the way
in which this contributes to our understanding of how much this contributes to improvements in the firm’s performance.
A conceptual model is proposed consisting of five separate dimensions: the firm; the entrepreneur; the external business
environment; the firm’s innovative capacity; and the firm’s performance. The study was based on questionnaire-based data
from a sample of firms drawn from the manufacturing industry in the Beira Interior Region of Portugal. The results
provided evidence regarding the factors influencing the innovative capacity of firms and permitted conclusions to be drawn
regarding effects of superior innovative capacity on the construction of firms’ competitive advantage, which in turn
contributes to improved performance.
Keywords: competitive advantage; innovative capacity; performance; SME; strategy.
1 Department of Economics, Sociology and Management, University of Trás-os-Montes e Alto Douro (UTAD), Av. Almeida de Lucena,
1, 5000-660 Vila Real, Portugal. Tel: +351 259 302 204; Fax: +351 259 302 249. E-mail: email@example.com
2 Department of Business and Economics, University of Beira Interior (UBI), Estrada do Sineiro, 6200-209 Covilhã, Portugal. Tel: +351
275 319 600; Fax: +351 275 319 601.E-mail: firstname.lastname@example.org
J. T echnol. Manag. Innov. 2009, Volume 4, Issue 4