Innovation and technology processes in micro and small business

Pozo, Hamilton; Akabane, Getulio Kazue; Tachizava, Takeshy

doi:10.1080/23311975.2019.1588088

Cited by 16 publications

(10 citation statements)

References 8 publications

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“…Lukiyanto and Wijayaningtyas [64] analyzed the perception of sporting event owners regarding the difficulty of capital in the business, and Galvão et al [65] mapped the process of time and resources to understand the constraints and bottlenecks of a microcompanie of PET brooms. Liberman-Yaconi et al [13] investigated how Australian microcompanies in the IT field make strategic decisions, and Pozo et al [66] analyzed innovation and applied technology in the context of a sustainable production chain of SME manufacturing metal frames. Rascón and Velázquez [6] investigated the factors that put the continuity of Mexican and Colombian microenterprises at risk.…”

Section: Descriptive Analysismentioning

confidence: 99%

“…A lack of investment in innovation was considered a relevant factor in the risk of mortality in MSEs [3,16,25]. Pozo et al [66] found that one of the requirements to obtain results was to optimize available resources, which would lead to more investments in innovation for the production of goods and provision of services. Productivity improvement comes from investment in technology, incorporated into the production structure and the employee training and education process [66].…”

Section: Risks Linked To Lack Of Innovation In Businessmentioning

confidence: 99%

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Mortality Risk Factors in Micro and Small Businesses: Systematic Literature Review and Research Agenda

et al. 2022

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Most micro and small businesses (MSEs) are limited in organizational structure, financial resources, technology, and management strategies. Due to these limitations, there are many risks involved in this sector. Understanding the aspects that contribute to the risk of mortality among MSEs is important to guide entrepreneurs in the development of strategic actions and to assist governments in the elaboration of policies that support the creation of new ventures. For this, it is important to know the key factors that contribute to the risk of business mortality. Thus, the following research questions emerge: What is the state of the art on the subject of business mortality in MSE? What are the factors that contribute to the risk of mortality in MSE? What is the relationship between the factors that contribute to the risk of mortality in MSE? The objective of this research was to analyze what the risk factors are for MSE mortality and how they are related to each other. From a systematic literature review, the state of the art on the topic of business mortality in MSEs was evidenced and its risk factors were identified. One hundred and six articles, published from January 2000 to February 2021, were analyzed. The results showed 36 mortality risk factors and highlighted the risks associated with innovative processes, business management, and the characteristics of the entrepreneur. This study contributes to a theoretical framework on corporate mortality and provides an agenda for future research, showing gaps to be explored. In terms of managerial implications, we suggest that entrepreneurs prioritize training initiatives, investing in education, that MSEs participate in cooperation networks to establish partnerships between stakeholders, and that they invest in technological tools to make companies more competitive in the market.

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Section: Descriptive Analysismentioning

confidence: 99%

Section: Risks Linked To Lack Of Innovation In Businessmentioning

confidence: 99%

Mortality Risk Factors in Micro and Small Businesses: Systematic Literature Review and Research Agenda

et al. 2022

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“…Several studies show that innovation has a positive and significant effect on the performance of SMMEs through social media and business plans that act as business tools for performance enhancement (see Seow et al, 2020;Bleicher and Stanley, 2019;Pozo et al, 2019). Various studies examined the impact of technology innovation on the performance of firms (see Esone and Tsambou, 2017;.…”

Section: Empirical Literaturementioning

confidence: 99%

Innovation as a driver of SMME performance in South Africa: a quantile regression approach

Matekenya

Moyo

2022

AJEMS

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PurposeInnovation is regarded as a crucial determinant of growth and development in South Africa, and small, medium and micro enterprises (SMMEs) have been earmarked as instruments for the achievement of the socio-economic goals and innovation as set out in the National Development Plan. The purpose of this study is to investigate the effect of innovation on SMME performance in South Africa.Design/methodology/approachThe empirical analysis was conducted using the quantile regression technique to examine the effect of innovation on the performance of firms at different sales levels. Data from the World Bank's enterprise survey was used for the analysis.FindingsThe results of the empirical analysis showed that R & D expenditures have a positive and significant effect on performance for firms with higher sales (high growth or larger firms). There is evidence that the introduction of new products/services promotes performance for low growth/ smaller firms.Practical implicationsThe empirical results imply that innovation is crucial for SMMEs’ development and growth. However, smaller/low growth firms are not able to spend on R & D due to a lack of funds which could be the reason for their low survival rate. More support needs to be provided to smaller firms with lower sales growth, given the large financial outlay required for R & D expenditures. Despite the lack of funding for R & D expenditure, smaller firms are encouraged to introduce new products and methods of production that do not require major financial outlays.Originality/valueThere is scant empirical evidence on the impact of innovation on firm performance in South Africa. Most studies investigate the challenges faced by SMMEs and the different types of innovation approaches used by firms. Furthermore, the study employs the quantile regression approach which highlights the effect of innovation on firms of different sizes.

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“…Agriculture has long been considered as a technology-driven industry, with research and innovation playing a key role in increasing productivity (Berthet et al, 2018). However, studies on innovation and its collaborative networks has primarily concentrated on the manufacturing, high-tech industry, and service sectors, with little emphasis dedicated to agricultural innovations, particularly at the operational, management, and marketing levels (Guo, 2019;Peng et al, 2020;Pozo et al, 2019;Taques et al, 2021). Innovation, according to previous studies Oeij et al (2019), andHof-fecker (2021), is the process of experimenting with and developing novel combinations of production variables in economic activities such as production, operation, and management.…”

Section: Agricultural Innovationsmentioning

confidence: 99%

Factors influencing technological innovation among agribusiness firms: A survey of small agricultural businesses in Ghana.

Li¹,

Ntiamoah²,

Nyamah³

et al. 2022

New Medit

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Agricultural research in Ghana has resulted in a number of innovations targeted at increasing the productivity of small agricultural businesses. However, none of these studies has investigated the factors that influence the adoption of technological innovation in Ghanaian agriculture businesses. Hence, this study examine the factors that influence the adoption of technological innovation in Ghanaian agribusinesses. Structural equation modeling was used to examine data collected from 1526 agribusiness employees in Ghana using a convenience sampling technique and a questionnaire survey. The findings indicate that internal, and external factors have an impact on information and communication technology (ICT), and new materials and technology (NM & NT), but no or little impact on biotechnology (BT) respectively. Also, the study reveal that human capital factors have a substantial impact on ICT, BT, and NM & NT. Lastly, the findings show that ICT, BT, and NM & NT have a positive and significant impact on technological innovation. The study underscores the need for agribusinesses to focus on internal and human capital factors since they increase employees' productivity and efficiency.

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Innovation and technology processes in micro and small business

Cited by 16 publications

References 8 publications

Mortality Risk Factors in Micro and Small Businesses: Systematic Literature Review and Research Agenda

Mortality Risk Factors in Micro and Small Businesses: Systematic Literature Review and Research Agenda

Innovation as a driver of SMME performance in South Africa: a quantile regression approach

Factors influencing technological innovation among agribusiness firms: A survey of small agricultural businesses in Ghana.

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