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The effectiveness of knowledge networks: An investigation of manufacturing SMEs

Hughes, Tim; O'Regan, Nicholas; Sims, Martin A.

Authors

Tim Hughes Tim.Hughes@uwe.ac.uk
Professor in Applied Marketing

Martin A. Sims



Abstract

Purpose: Although considerable attention in the extant literature has been devoted to knowledge acquisition and transfer within firms, there is a dearth of research on the effectiveness of outside sources of knowledge for technology-based small to medium-sized enterprises (SMEs). Furthermore, the majority of empirical studies in this area focus on large firms while research on smaller firms is underdeveloped. The aim of this paper is to investigate the impact of the sources of knowledge on the performance of technology manufacturing firms and the implications for higher education institutions (HEIs) providing advice to this sector. Design/methodology/approach: Following interviews with managing directors of manufacturing firms, a number of sources of technical advice were identified. A survey of small and medium-sized UK electronic and engineering firms was then carried out to investigate the relationship between sources of knowledge and performance and also to establish whether there is a relationship between performance and the extent of the advice network. Findings: Significant correlations were found between company age, knowledge source remoteness and company performance. The more remote the source the less effective it is. The stronger the firm's network the more profitable it is likely to be. Practical implications: This has particular implications for universities involved in knowledge transfer, as these institutions are often relatively remote compared with other sources of advice within SME networks. Originality/value: The research adds to our understanding of the role of HEIs and other members of knowledge networks in relation to the achievement of competitive advantage by SMEs. © Emerald Group Publishing Limited.

Citation

Hughes, T., O'Regan, N., & Sims, M. A. (2009). The effectiveness of knowledge networks: An investigation of manufacturing SMEs. Education and Training, 51(8), 665-681. https://doi.org/10.1108/00400910911005226

Journal Article Type Article
Publication Date Nov 20, 2009
Journal Education and Training
Print ISSN 0040-0912
Publisher Emerald
Peer Reviewed Peer Reviewed
Volume 51
Issue 8
Pages 665-681
DOI https://doi.org/10.1108/00400910911005226
Keywords business performance, competitive advantage, knowledge management, knowledge transfer, manufacturing industries, small to medium-sized enterprises
Public URL https://uwe-repository.worktribe.com/output/1003281
Publisher URL http://dx.doi.org/10.1108/00400910911005226