Technological Innovation Induced Growth of Engineering Industry SMEs: Case Studies in Bangalore

Krishnaswamy, K.N.; Subrahmanya, MH Bala; Mathirajan, M.

doi:10.7545/ajip.2015.4.2.217

Cited by 5 publications

(3 citation statements)

References 29 publications

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“…SMEs that are proficient in one technology can share their technology with others to help them mitigate their problems (Bougrain and Haudeville, 2002;Wincent et al, 2010). Interactions with universities although have a small impact but, still, can be beneficial for developing new technologies for SMEs (Krishnaswamy et al, 2015).…”

Section: Linkage Capabilitiesmentioning

confidence: 99%

Modelling cause and effect relationship among enablers of innovation in SMEs

Gupta

Barua

2018

BIJ

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Purpose Innovation is a prerequisite for economic and technological growth of any organization. Identifying enablers of innovation can help managers accelerate the process of economic growth. The purpose of this paper is to identify the prominent enablers of innovation in small and medium enterprises (SMEs) that can help overhauling organizations and benefit them economically. Design/methodology/approach A comprehensive literature review and expert’s opinions have been applied to identify enablers of innovation. A case of automotive component supplier is considered for conducting the research. A coalescence of Grey and DEMATEL methodologies has been incorporated to first rank the enablers of innovation based on their importance and then identify the causal relationship among these enablers by characterizing enablers into causal and effect groups. Findings A few important enablers, namely, entrepreneur traits, knowledge management, resources for innovation, and linkage capabilities, have been identified as prominent enablers for successful innovation in SMEs. Practical implications This paper identifies enablers of innovation in SMEs and the causal relationship between these enablers. The identified enablers and the causal relationship between these enablers will help managers of small organizations in selecting the enablers that need to be focused on, which, in turn, can drive other enablers of innovation, thus saving time and resources of the organizations. Originality/value This paper uses a novel Grey–DEMATEL methodology to identify the causal relationship among enablers and also contributes to the literature on innovation by identifying enablers of innovation in SMEs.

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Section: Linkage Capabilitiesmentioning

confidence: 99%

Modelling cause and effect relationship among enablers of innovation in SMEs

Gupta

Barua

2018

BIJ

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“…Perceived level of competition’s pressure act as the barrier to adaption and diffusion of innovation, as competition foster innovation so when there is excessive competition innovation can be hampered (Qamar et al ., 2022; Farè, 2021; Novandari, 2019; Nurhayati et al ., 2021). Customer interaction (Krishnaswamy et al ., 2015) and collaboration with customers (Subrahmanya, 2015) are major determinants for innovation in SMEs (Krishnaswamy et al ., 2015; Subrahmanya, 2015).…”

Section: Literature Reviewmentioning

confidence: 99%

MSMEs' innovation: a barrier approach

Aggarwal,

Joshi

2024

JSBED

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PurposeThis article presents a comprehensive analysis of innovation in micro, small and medium enterprises (MSMEs) in India, focusing on the barriers and facilitators within their internal and external ecosystems.Design/methodology/approachA self-administered questionnaire was used to collect data from 1430 MSMEs across India, employing Structural Equation Modeling (SEM) to analyze the relationships between internal and external factors and innovation adaptation.FindingsThe findings indicate that factors such as top management and organization structure, communication, technological capability and adaptation and organizational culture have a positive impact on innovation adaptation within the internal environment. Conversely, employee and market orientation, as well as financial factors, have a negative influence. Regarding the external environment, industry and competitive analysis, internationalization and partner alliances were found to positively affect innovation adaptation, whereas the country's infrastructure and policies had a negative impact.Originality/valueThe study emphasizes that MSMEs have the potential to leverage their internal and external environments to foster innovation within their organizations.

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“…Organizations can stay up-to-date about latest trends and technologies through collaboration with universities (Hall et al , 2003; Siegel et al , 2003; Hurmelinna, 2004). Even though it is well known that organizations need to focus on an in-house research through investment in latest technologies and also fostering strong ties with academia can help build innovation capability for these organizations to a large extent (Hofer, 2004; Hofer, 2005; Krishnaswamy et al , 2015). Research laboratories and service institute that are engrossed in path-breaking research and supply of new technologies, scientific information and market knowledge can boost the competitiveness of organizations (Dodgson and Rothwell, 1995; Betts and Santoro, 2011; Rodríguez and Nieto, 2016).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

An original framework for strategic technology development of small manufacturing enterprises in emerging economies

Nanda

Gupta

Singh

et al. 2019

BIJ

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Purpose Technology and knowledge have become the buzzwords of the new millennium. Technological changes and demanding customers are creating a more knowledge intensive, turbulent, complex and uncertain environment. Organizations, which are able to continually build faster and cheaper new strategic assets than their competitors, create long-term competitive advantages. Thus, the growth of companies is directly associated with innovativeness and technological development, especially for small organizations that are more vulnerable to dynamic changes in market place. Organizations need a strategic framework that can help them to achieve the goal of technology development and competitiveness. The purpose of this paper is to develop such strategic framework for small organizations for their technology development and, hence, survival in marketplace. Design/methodology/approach Options field methodology, options profile methodology, analytic hierarchy process (AHP) and fuzzy set theory are utilized to generate various options and profiles to propose a conceptual framework for technology development. Findings The results from the study showed that “mixed approach,” “strategic simulation approach” and the “regulatory environment approach,” in this order, emerged as the top three important options for the strategic technological development of small manufacturing enterprises. Originality/value This result can provide an original and more accurate implementation pathway toward technological innovative development in emerging economies. The proposed framework can provide valuable guidelines and recommendations to practicing managers and analysts for policy development to promote innovative and technological developments.

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Technological Innovation Induced Growth of Engineering Industry SMEs: Case Studies in Bangalore

Cited by 5 publications

References 29 publications

Modelling cause and effect relationship among enablers of innovation in SMEs

Modelling cause and effect relationship among enablers of innovation in SMEs

MSMEs' innovation: a barrier approach

An original framework for strategic technology development of small manufacturing enterprises in emerging economies

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