Barriers to Innovation in Indian Small and Medium-Sized Enterprises

Abstract

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Open Innovation In Healthcare Smes: A Proposed Model For Innovation Performance

“…Many large private hospitals have started to launch innovative activities to improve their performances, but the hospitals which provide healthcare services to 80% of population i.e., medium and small private hospitals is still lacking behind (Bumb, 2014). Though, hospitals are adopting innovation but there are some issues regarding their performance such as unqualified staff, inadequate learning, insufficient technological knowledge, poor relationship between staff, improper record keeping, inadequacy of learning, less focus on collaboration with internal and external partners, and unskilled manpower (Pachouri & Sharma, 2016;Robinson, 2017;Sharma, 2010). Therefore, to overcome with such challenges Deloitte (2012) stated that innovation is the way for hospitals to improve their performances.…”

“…In India, the concept of innovation has become essential in the healthcare sector. The term innovation is used widely among organisations in India which include both large and small organisations (Pachouri & Sharma, 2016). 'Innovation' is a buzz word in 21st-century healthcare.…”

Obstacles Faced by African Copreneurs in Black Townships of the Western Cape, South Africa

“…It is important to realise that obstacles faced by SMMBs are found both in the internal and external environments, as some authors mention. Pachouri and Sharma (2016) argue that "obstacles to small and medium size enterprises are classified in six categories being: people, financial, information, government policy, and infrastructure and market constraints". All these obstacles have different negative impacts on the performance of SMMBs in all sectors.…”

“…Most SMMBs are unable to employ higher skilled people or professional personnel in their businesses owing to them not having sufficient money to pay them, and because they experience a lack of adequate infrastructure in their businesses. Government policies (such as tax regulations and the frustrating red tape) that do not favour SMMBs are also seen as major obstacles to SMMBs, as they negatively impact some SMMBs (Pachouri & Sharma, 2016). Access to financial institutions creates further bottlenecks for SMMBs.…”

Regional Dimensions of Recent Weakness in Investment: Drivers, Investment Needs and Policy Responses

“…Entry and administrative barriers in many sectors (construction, finance, retail and wholesale, telecommunication, and health care) in Bangladesh, India, and Pakistan have hampered investment in these sectors. The burden of regulatory compliance, delays in utility connections, difficulties in obtaining permits to start and operate business, high taxes, and rigid labor markets raise the cost of doing business and discourage investment (Pachouri and Sharma 2016;Shirke and Srija 2014). Compared to an average of 103 days in EMDE, obtaining services from utilities (e.g., electricity) can take four time as long in Bangladesh and almost twice as long in Pakistan (World Bank 2016f).…”