Since the pioneering work scholars such as Joseph Schumpeter and Peter Drucker, the fields of innovation and entrepreneurship have evolved to become two separate and distinct disciplines. Schumpeter 1 focused on the contributions of entrepreneurial startups and smaller firms, whereas Schumpeter 2 emphasized the role of formal research, development and industrial innovation in larger firms. Unfortunately, the study and practice of each field has suffered as a result: entrepreneurship has become preoccupied with individual entrepreneurs and small business creation, and innovation is dominated by corporate R&D and new product development.
Promoting Innovation in New Ventures and Small and Medium Sized Enterprises (SMEs) aims to bridge these two fields by examining innovation in new ventures and SMEs. This book identifies themes which can reunite the study and practice of entrepreneurship and innovation by examining a potentially bridging phenomenon. The focus here is on high growth, innovative SMEs, and the interactions between SMEs and larger organizations, private and public. It is organized around three overlapping themes: SME innovation performance, practices and networks.
Joe Tidd, BSc MBA (Imperial) MSc DPhil (Sussex), is a physicist with subsequent degrees in technology policy and business administration. He is Professor of technology and innovation management at SPRU, and visiting Professor at University College London, and previously at Cass Business School, Copenhagen Business School, and Rotterdam School of Management. Dr Tidd was previously Deputy Director of SPRU, and Head of the Innovation Group and Director of the Executive MBA Programme at Imperial College.
He has worked as policy adviser to the CBI (Confederation of British Industry), presented expert evidence to three Select Committee Enquiries held by the House of Commons and House of Lords, and was the only academic member of the UK Government Innovation Review. He is a founding partner of Management Masters LLP.
He was a researcher for the five-year International Motor Vehicle Program of the Massachusetts Institute of Technology (MIT), which identified Lean Production, and has worked on technology and innovation management projects for consultants Arthur D Little, CAP Gemini and McKinsey, and numerous technology-based firms, including American Express Technology, Applied Materials, ASML, BOC Edwards, BT, Marconi, National Power, NKT, Nortel Networks and Petrobras, and international agencies such as UNESCO in Africa.
He is the winner of the Price Waterhouse Urwick Medal for contribution to management teaching and research, and the Epton Prize from the R&D Society.
He has written eight books and more than sixty papers on the management of technology and innovation, including Managing Innovation (sixth edition, 2017, with John Bessant), has more than 14,000 research citations (Google Scholar), hosts a popular YouTube channel, and the Innovation Portal in excess of a million page visits (Google Analytics). He is part of the Intrapreneurship Hub, a collaborative venture between Sussex, Bocconi and Renmin business schools.
He is Managing Editor of the International Journal of Innovation Management (IJIM), which is the official journal of International Society of Professional Innovation Management (ISPIM), and Managing Editor of the research series on Technology Management for Imperial College Press.
