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1 Introduction factors that affect innovation in growing SMEs? (Heimonen 2012) reports a study aimed at identifying factors that affect the innovativeness of growing SMEs. This study contributes to discussion in this area by examining the following questions. Firstly, how does location affect innovativeness? Secondly, how is a firm’s innovativeness affected by its age and size? Thirdly, how does success affect innovativeness? Fourthly, what is the impact of public R&D funding on innovativeness? Article II, Characteristics of successful gazelles – problems in approaches and methods of analysing the data (Heimonen and Virtanen, 2012) focuses on the characteristics of HGS firms and methodological problems in analysing the growth and success of firms, quantitatively and simultaneously. The paper addresses the following specific questions. What factors explain the simultaneous growth and success of firms according to different statistical models? What problems are connected with different methods for analysing high growth and highly successful SMEs? How does the selection of different analytical techniques affect the results? How could we improve the robustness of the data and methods used in the analysis? What impact does the ignorance of a priori probabilities of firms growing rapidly and being highly successful have on the results of the analysis? Article III, The development of high growth and highly successful SMEs: cases from Eastern Finland (Virtanen and Heimonen, 2011), analyses the development of high growth and highly successful (HGS) firms before and after their HGS period in Eastern Finland. It focuses on the following defined research questions. What factors affect growth and success of the firms? How do the entrepreneurs evaluate their growth and success? How do these firms contribute to job creation and employment growth? Article IV, Developing innovation support services for small high-growth technology firms in Eastern Finland (Siikonen, Heimonen and Pellikka, 2011), examines innovation support service requirements of small, highgrowth knowledge intensive technology (T-KIBS) firms in Eastern Finland. The key question addressed is: What enhancements to regional innovation support services can regional policymakers and economic developers make to foster the overall growth of small firms? To answer this question, the following more specific questions are addressed. What are the rapidly growing industrial branches in Eastern Finland? What characteristics distinguish firms in fast-growing industrial branches from those in other branches? What do these small firms require from regional innovation support services? 12
Figure 2: Outline of the studies 13 1 Introduction
Page 3 and 4: Aalto University publication series
Page 5: Author Tomi Heimonen Name of the do
Page 9 and 10: Acknowledgements This dissertation
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References Bhide, A. (2000). The or
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References Creswell, J. W. (2003).
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References Golafshani, N. (2003). U
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References Leitch, C., Hill, F., an
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References Pellikka, J. and Laurone
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References Storper, M. (1992). The
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Appendixes Overview: Appendix 1: Ke
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Appendixes High growth When examini
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Appendixes profitability, liquidity
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Appendixes Appendix 1 Continued (Ke
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Appendixes Appendix 2 Construction
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Appendixes Appendix 2 Continued (Co
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not increased compared to Eastern F
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propensity for risk taking (Covin a
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2. Former studies and derivation of
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firm’s annual sales growth (Arund
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H4. Firm success has an impact on t
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other branches in which employment
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and Rao, 2008). Because of the unev
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Table 1. Characteristics of the dat
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firms from other firms. The data in
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Table 2. Logistic Regression analys
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Public R&D funding was shown to inc
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References Achtenhagen, L., Naldi,
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Kanter, R. (1985), “Supporting in
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Appendix 1. Corporate population ch
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Appendix 3. Distribution of personn
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12 Int. J. Business and Globalisati
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14 T. Heimonen and M. Virtanen we u
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392 Int. J. Entrepreneurial Venturi
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394 J. Siikonen et al. firms’ gro
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396 J. Siikonen et al. generally re
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398 J. Siikonen et al. determinants
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400 J. Siikonen et al. 3.1 National
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402 J. Siikonen et al. 2 the firm
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404 J. Siikonen et al. 4 Results 4.
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406 J. Siikonen et al. innovation a
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408 J. Siikonen et al. the responde
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414 J. Siikonen et al. Delmar, F.,
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416 J. Siikonen et al. Oerlemans, L
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418 J. Siikonen et al. Appendix 1 V
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