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Innovation in Emerging Market Micro, Small and Medium Enterprises

Innovation in Emerging Market Micro, Small and Medium Enterprises PDF Author: Gayatri Ramnath
Publisher:
ISBN:
Category : Bangalore (India)
Languages : en
Pages : 284

Book Description
This research study uses a resource-based perspective to addresses innovation in indigenous micro, small and medium enterprises (MSME) in a globalized emerging economy. Unlike large multinationals operating in these economies, indigenous MSME are tied to their local/regional institutional contexts. While on one hand they benefit from the spillovers of globalization, on the other, they have to compete for resources with larger firms. Using a broad definition of innovation, this research highlights the nature of innovation and the barriers affecting innovative outcomes in these firms. Compared to earlier studies, this study explicitly makes a distinction between micro-firms and larger SME as well as core and non-core innovative outcomes. New data for this research was obtained by implementing a primary survey along the lines of the Oslo Framework in Bangalore, one of India's most globalized regions resulting in a sample of 108 MSME. This research finds that compared to larger SME, micro-firms have less innovative dynamism with both core and non-core innovations. This research also finds that firm size plays an important moderating effect between barriers and innovative outcomes. When barriers related to core technical innovations are present, larger SME are more likely to introduce other types of innovations whereas micro-firms are less likely to introduce any kind of innovation.

Innovation in Emerging Market Micro, Small and Medium Enterprises

Innovation in Emerging Market Micro, Small and Medium Enterprises PDF Author: Gayatri Ramnath
Publisher:
ISBN:
Category : Bangalore (India)
Languages : en
Pages : 284

Book Description
This research study uses a resource-based perspective to addresses innovation in indigenous micro, small and medium enterprises (MSME) in a globalized emerging economy. Unlike large multinationals operating in these economies, indigenous MSME are tied to their local/regional institutional contexts. While on one hand they benefit from the spillovers of globalization, on the other, they have to compete for resources with larger firms. Using a broad definition of innovation, this research highlights the nature of innovation and the barriers affecting innovative outcomes in these firms. Compared to earlier studies, this study explicitly makes a distinction between micro-firms and larger SME as well as core and non-core innovative outcomes. New data for this research was obtained by implementing a primary survey along the lines of the Oslo Framework in Bangalore, one of India's most globalized regions resulting in a sample of 108 MSME. This research finds that compared to larger SME, micro-firms have less innovative dynamism with both core and non-core innovations. This research also finds that firm size plays an important moderating effect between barriers and innovative outcomes. When barriers related to core technical innovations are present, larger SME are more likely to introduce other types of innovations whereas micro-firms are less likely to introduce any kind of innovation.

Innovation in Emerging Markets

Innovation in Emerging Markets PDF Author: J. Haar
Publisher: Springer
ISBN: 1137480297
Category : Political Science
Languages : en
Pages : 331

Book Description
Innovation is sweeping the globe at breakneck speed, and emerging markets are where tremendous growth and opportunity reside. Jerry Haar and Ricardo Ernst delve into the forces and drivers that shape innovation in emerging markets and present case studies, along with a summation of the key features and outlook for innovation over the next decade.

Advances in Innovation, Trade and Business

Advances in Innovation, Trade and Business PDF Author: Aswini Kumar Mishra
Publisher: Springer Nature
ISBN: 3030603547
Category : Business & Economics
Languages : en
Pages : 148

Book Description
Since the process of liberalization and opening of markets in the 1990s, the emerging markets have created a thriving culture of entrepreneurship, creativity and global collaboration. Along with these opportunities, however, there are challenges in doing business with emerging markets. This book underlines the challenges that come with managing business relationships in diverse emerging countries such as India. It also provides useful implications and conclusions for successful and profitable business ventures in emerging economies.

Innovation Management and Growth in Emerging Economies

Innovation Management and Growth in Emerging Economies PDF Author: Webb, Heather C.
Publisher: IGI Global
ISBN: 1799841960
Category : Business & Economics
Languages : en
Pages : 288

Book Description
Despite its economic impact, understanding what shaped emerging economies’ success seems to be a mystery. These complexities are compounded by fast moving technologies, such as the increased usage of artificial intelligence (AI) and the internet of things (IoT). These new technologies have a social impact, but it is how these impacts are developed and managed by people and companies that is significant. Similarly, it is important to investigate how the uncertainties and intangible factors are dealt with and how businesses can utilize innovative approaches to become adaptive in emerging market economies. Research is needed to determine how actors or businesses interact to shape and define either new institutions, new industries, or new innovation to meet the need of potential customers in emerging economies. Innovation Management and Growth in Emerging Economies explores how innovation from emerging economies is being developed through strategic choices and presents the benefits and the drawbacks, the processes, and the characteristics and management practices of both private and/or public organizations. The chapters identify the trends and approaches to innovation development as well as the strategies of adapting and converting threats and challenges into opportunities. The target audience of this book is composed of practitioners, policy influencers, course instructors, professionals, academicians, students, and researchers in the fields of business, administrative sciences, management, and economics.

The Promise of Small and Medium Enterprises

The Promise of Small and Medium Enterprises PDF Author: Ana Arroio
Publisher: Taylor & Francis
ISBN: 1317560140
Category : Business & Economics
Languages : en
Pages : 226

Book Description
This series of books brings together results of an extensive research programme on aspects of the national systems of innovation (NSI) in the five BRICS countries — Brazil, Russia, India, China, and South Africa. It provides a comprehensive and comparative examination of the challenges and opportunities faced by these dynamic and emerging economies. In discussing the impact of innovation with respect to economic, geopolitical, socio-cultural, institutional, and technological systems, it reveals the possibilities of new development paradigms for equitable and sustainable growth. This volume, third in the series, looks at the relationship between small and medium enterprises (SMEs) and the National Systems of Innovation in the BRICS countries. It brings to fore crucial issues in the evolution and future trends of industrial or innovation policies for small firms: their scope, applicability, co-ordination, and main results, as well as the influence of macroeconomic, legal and regulatory environments. Taking into account the specificities and complexities of SMEs’ production and innovation systems, it seeks to inform research, policy design and implementation in the field. Original and detailed data, together with expert analyses on wide-ranging issues, make this book an invaluable resource for researchers and scholars in economics, development studies and political science, in addition to policy makers and development practitioners interested in the BRICS countries.

Innovation from Emerging Markets

Innovation from Emerging Markets PDF Author: Fernanda Cahen
Publisher: Cambridge University Press
ISBN: 110848686X
Category : Business & Economics
Languages : en
Pages : 411

Book Description
Reveals the breadth of innovation in emerging markets, from drivers and types to outcomes and implications.

Financing Entrepreneurship and Innovation in Emerging Markets

Financing Entrepreneurship and Innovation in Emerging Markets PDF Author: Lourdes Casanova
Publisher: Academic Press
ISBN: 0128040262
Category : Business & Economics
Languages : en
Pages : 322

Book Description
Financing Entrepreneurship and Innovation in Emerging Markets offers an original perspective on the links between macro data on innovation, data on micro-entrepreneurial processes and venture capital supply. The authors synthesize two disparate fields of research and thinking—innovation and entrepreneurship and economics—to illuminate how domestic companies compete and the business environment in which entrepreneurial firms operate. Its broad scope and firm linkages between processes at different levels leapfrogs research topics. For those investigating entrepreneurship and innovation in the early stages of economic development, this book demonstrates how micro and macro foundations of productivity, and hence economic growth and development, are inextricably intertwined. - Combines macro and micro perspectives on innovation processes - Reveals how economic growth and development are inextricably intertwined - Uses case studies to portray the entrepreneurial firm and its role in accelerating the speed of innovation and dissemination of new technologies - Identifies common flaws undermining public venture programs, including poor design, a lack of understanding for the entrepreneurial process and implementation problems

Drivers of SME Growth and Sustainability in Emerging Markets

Drivers of SME Growth and Sustainability in Emerging Markets PDF Author: Dadwal, Sumesh
Publisher: IGI Global
ISBN:
Category : Business & Economics
Languages : en
Pages : 328

Book Description
Various sectors of emerging markets face unique challenges, largely related to the gap between small and medium-sized enterprise (SME) research and practice. The relationship between SMEs and agriculture, tourism, and other key industries requires a close examination to understand the intricacies of their interplay. An emphasis on the need to bridge this gap, and strategies for scaling up and embedding new sustainability and technology trends into SME strategies is necessary for a healthy growth strategy within emerging markets. Drivers of SME Growth and Sustainability in Emerging Markets is a comprehensive book that delves into the intricate dynamics of small and medium-sized enterprises (SMEs) operating in developing economies. With a focus on a keen awareness of the challenges faced by SMEs, this book offers valuable insights for marketers, entrepreneurs, practitioners, and policy makers seeking to unlock the potential of these vital economic contributors. With a focus on entrepreneurship capacity building and government schemes designed to support SMEs, this book equips readers with the knowledge and tools to create an enabling environment for sustainable SME growth. From identifying bottlenecks and challenges to presenting innovative business models and sustainable practices, this book serves as a vital resource for business students, management faculty, and professionals seeking to navigate the complexities of SMEs in emerging markets.

Knowledge-Driven Innovation in Start-Ups and SMEs: Emerging Research and Opportunities

Knowledge-Driven Innovation in Start-Ups and SMEs: Emerging Research and Opportunities PDF Author: Coutinho Sousa, Joana
Publisher: IGI Global
ISBN: 1522571566
Category : Business & Economics
Languages : en
Pages : 166

Book Description
The world is witnessing an increase in innovation both in start-ups and in SMEs, and the implementation of innovation is having a substantial impact on the knowledge of the economy. The ability of human beings to create new knowledge can be defined as a basic skill in a global economy, which involves learning as an essential dynamism of the competition. Following this and considering the need for developing standards and guidelines for innovation, organizations have been working on developing and updating a set of documents to help the innovators and the innovative companies work better. Knowledge-Driven Innovation in Start-Ups and SMEs: Emerging Research and Opportunities is a collection of innovative research on the methods and applications of standardization and guideline creation in business innovation, such as those implemented by the Organisation for Economic Co-operation and Development (OECD). While highlighting topics including business analysis, market research, and intellectual property, this book is ideally designed for market researchers, business professionals, academicians, and students seeking current research on innovative processes and approaches for organizations.

Innovating for the Middle of the Pyramid in Emerging Countries

Innovating for the Middle of the Pyramid in Emerging Countries PDF Author: Alvaro Cuervo-Cazurra
Publisher: Cambridge University Press
ISBN: 1108570143
Category : Business & Economics
Languages : en
Pages : 407

Book Description
The transformation of emerging markets in recent decades has generated a new, growing, and very large middle class market, also known as the middle of the pyramid. This market segment, which is middle by the standards of emerging markets yet low by the standards of advanced economies, is extremely attractive for firms, but still understood and underserved. This volume presents detailed analyses of exemplary firms that have innovated products, services, and business models to fulfil the needs and desires of these new middle classes. It provides useful insights for managers, consultants, researchers, and students interested in emerging economies, and actionable lessons on how to innovate for a new and expanding market segment.