This paper examines the impact of different types of innovation on the business performance of small and medium-sized enterprises (SMEs) using a multi-dimensional analytical approach. Based on a wide sample of Spanish SMEs, our results highlight the existence of positive impacts of innovation on financial and operational dimensions of business performance, and the significant differences in these impacts depending on the type of innovation and the performance indicator considered. Our findings are relevant for managers and innovation decision-makers when designing innovation strategies to foster the business performance of SMEs. Additionally, the multi-faceted nature of the link between innovation and business outcomes in SMEs reveals that making the right innovation decision is crucial in securing the desired performance outcomes in a context of limited resources for innovation.

中文翻译：

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创新类型与中小企业绩效之间的关系：多维实证评估

本文使用多维分析方法研究了不同类型的创新对中小型企业（SME）业务绩效的影响。基于大量西班牙中小企业的样本，我们的结果强调了创新对业务绩效的财务和运营维度的积极影响的存在，并且这些影响的显着差异取决于创新的类型和所考虑的绩效指标。在设计创新战略以提高中小企业的业务绩效时，我们的发现与管理者和创新决策者有关。另外，