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Innovation and growth of engineering SMEs in Bangalore: Why do only some innovate and only some grow faster?

Subrahmanya, Bala MH (2015) Innovation and growth of engineering SMEs in Bangalore: Why do only some innovate and only some grow faster? In: JOURNAL OF ENGINEERING AND TECHNOLOGY MANAGEMENT, 36 . pp. 24-40.

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Official URL: http://dx.doi.org/10.1016/j.jengtecman.2015.05.001

Abstract

This paper probes two research questions by ascertaining the factors which distinguish (i) innovative SMEs from those which are not, and (ii) SMEs which experienced a higher sales growth from those which experienced a lower sales growth, with reference to 197 engineering industry SMEs in Bangalore city. The differentiating factors between innovative and non-innovative SMEs brought out that SMEs must have ``own resources and capabilities'' in the form of internal strength and definite internal strategy if they have to innovate successfully. Younger and smaller firms which are ``entrepreneurial'' in nature and which are innovative contributed to higher sales growth of SMEs compared to older and larger firms which are ``salary-substitute firms'' in nature and which are not innovative. (C) 2015 Elsevier B.V. All rights reserved.

Item Type: Journal Article
Additional Information: Copy right for this article belongs to the ELSEVIER SCIENCE BV, PO BOX 211, 1000 AE AMSTERDAM, NETHERLANDS
Keywords: Innovations; SMEs; Growth; Bangalore; India
Department/Centre: Division of Interdisciplinary Research > Management Studies
Depositing User: Id for Latest eprints
Date Deposited: 19 Aug 2015 06:50
Last Modified: 19 Aug 2015 06:50
URI: http://eprints.iisc.ac.in/id/eprint/52160

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