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THE RELATIONSHIP BETWEEN BUSINESS CONSULTING AND SERVICE INNOVATION IN SMES IN UK

Qun Wang

Abstract


This paper aims to examine the relationship between business consulting and service innovation (knowledge management
and strategy development) in UK SMEs. Specifically, exploring the underlying factors that influence such a relationship to help both
consulting firms and SMEs improve collaboration efficiency and maximize the positive impact on innovation consulting projects.
Quantitative method and Qualitative method are designed to collect the data in this paper. The analysis shows that the consultancy has a
positive infl uence on service innovation in SMEs. Furthermore, the related factors that aff ect the results of innovation consulting projects
and potential solutions for consulting fi rms and SMEs are also provided.

Keywords


business consulting; innovation; SMEs; management effi ciency

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References


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DOI: http://dx.doi.org/10.18686/modern-management-forum.v7i8.9956

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