Table IV.

SMEs’ market strategy typology

Product developmentProcess innovation
TypeFrequency (%)TypeFrequency (%)
A (innovator)34.001 (innovator)21.09
B (imitator)22.082 (imitator)23.08
C (follower)38.963 (follower)49.88
D (reactive)4.964 (reactive)5.96
Source: Authors’ own elaboration

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