Product launch performance in Hi-Tech SMEs: Newness to the firm and the role of management controls

Christopher Williams, Sander Van Triest

Research output: Contribution to journalArticlepeer-review

Abstract

We investigate the impact of management control mechanisms on the success of new product launches in high-technology small-and medium-sized enterprises (SMEs). We argue that internal management controls will alleviate problems associated with product newness. Using survey data from 76 SMEs we find newness to the firm to be negatively related to product launch success, while the use of informal and formal controls have positive effects. Furthermore, informal controls within the SME moderate the negative relationship between newness and launch success. The results add to the debate on the impact of control mechanisms on innovative activities in SMEs.

Original languageEnglish
Article number1750022
JournalInternational Journal of Innovation Management
Volume21
Issue number3
DOIs
Publication statusPublished - 1 Apr 2017

Bibliographical note

Publisher Copyright:
© 2017 World Scientific Publishing Europe Ltd.

Keywords

  • management control theory
  • product launch performance
  • Product newness
  • SME

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