New service innovation success: Analyzing the influence of performance indicator nature

The results evidence the direct influence of co-learning, as well as the direct, moderating role of the ICT use in obtaining the maximum level of objective and perceived results. Relevant differences can be observed, depending not only the performance indicator used (objective versus subjective) but also on the contribution of each of the variables to obtaining the maximum result and, therefore, their success. The study provides evidence that enable us to offer certain strategic recommendations of interest for the management of small and medium sized companies (SME). This research provides evidence for the necessity of considering explicit measures of results based on subjective indicators such as the entrepreneur's perception.