Abstract
Purpose - This research study identifies the factors influencing innovation and technology management in Indian manufacturing SMEs with focus on auto ancillary sector. The study further investigates the impact of types of innovation on business performance. The aim of the research is to come out with a flexible strategic framework for managing innovation and technology in SMEs from a perspective of continuity and change.Design/methodology/approach - The data on which this study is based were generated through secondary research using published sources and primary research. The study was done through group discussion with industry experts, personal focused interviews with 88 entrepreneurs from SMEs selected using a structured questionnaire.Findings - The study brings SMEs pursuing more types of innovations show higher performance levels as compared to those pursuing less types of innovations. SMEs pursuing more types of innovations are significantly different from less innovating firms from the perspective of underlying change forces. Research limitations/implications - Sample was taken from Autotmotive SMEsPractical implications - The framework suggested can be adapted for application in the global context.Originality/value - This research paper represents one of the few efforts to study innovation and technology management in SMEs and come out with a flexible strategic framework for managing forces of continuity and change for guiding this sector for its long-term survival and growth. The flexible framework suggested and the C-C Matrix can be of interest to researchers and practising managers to validate the applicability for other sectors. The framework suggested can be adapted for application in the global context.
Purpose - This research study identifies the factors influencing innovation and technology management in Indian manufacturing SMEs with focus on auto ancillary sector. The study further investigates the impact of types of innovation on business performance. The aim of the research is to come out with a flexible strategic framework for managing innovation and technology in SMEs from a perspective of continuity and change.Design/methodology/approach - The data on which this study is based were generated through secondary research using published sources and primary research. The study was done through group discussion with industry experts, personal focused interviews with 88 entrepreneurs from SMEs selected using a structured questionnaire.Findings - The study brings SMEs pursuing more types of innovations show higher performance levels as compared to those pursuing less types of innovations. SMEs pursuing more types of innovations are significantly different from less innovating firms from the perspective of underlying change forces. Research limitations/implications - Sample was taken from Autotmotive SMEsPractical implications - The framework suggested can be adapted for application in the global context.Originality/value - This research paper represents one of the few efforts to study innovation and technology management in SMEs and come out with a flexible strategic framework for managing forces of continuity and change for guiding this sector for its long-term survival and growth. The flexible framework suggested and the C-C Matrix can be of interest to researchers and practising managers to validate the applicability for other sectors. The framework suggested can be adapted for application in the global context.