Sources of Innovation and Success in the Food Service Industry

Sources of Innovation and Success in the Food Service Industry

A.T. Juntunen (University of Helsinki, Finland)
DOI: 10.4018/978-1-4666-3886-0.ch090
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Abstract

The purpose of the study in this chapter is to investigate and analyze the sources of innovation and success in food service industry. It also discusses of what kind of network management capabilities were needed in these SME cases. This chapter will demonstrate that the SMEs have a good chance to succeed if they can harness the external knowledge in their start up process. This chapter contributes to the prior strategic management and business networks research by analyzing the selected SME cases in the food service industry.
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Background And Key Concepts

The paper builds on the prior strategic management literature, Resource-Based View of the firm (RBV), economic sociology and social networks research, and industrial network approach by examining the previous research of open innovation and business networks. This section also presents the concept definitions used in this chapter.

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