Effect of innovation on firm competitiveness: the case of manufacturing SMEs in Nairobi County, Kenya
| Autor: | Mary Namusonge, Mary Nafula Kiveu, Stephen M. A. Muathe |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
Product innovation
05 social sciences Public policy Sample (statistics) 02 engineering and technology Key factors Empirical research 020204 information systems Management of Technology and Innovation 0502 economics and business 0202 electrical engineering electronic engineering information engineering 050211 marketing Business Small and medium-sized enterprises Business and International Management Industrial organization |
| Zdroj: | International Journal of Business Innovation and Research. 18:307 |
| ISSN: | 1751-0260 1751-0252 |
| DOI: | 10.1504/ijbir.2019.098251 |
| Popis: | Innovation is widely acknowledged as one of the key factors in firm competitiveness and has become prominent in SMEs' strategies and government policy. However empirical studies linking innovation to competitiveness are very limited. The aim of this study was to analyse the effect of innovation on firm competitiveness in manufacturing SMEs in Nairobi County, Kenya. Data was collected from a sample of 284 enterprises for the period 2012-2014. Multiple linear regression was used to analyse the effect of innovation on competitiveness. Findings indicate 97% of the manufacturing SMEs were innovating with majority implementing incremental innovations. Process, marketing and organisational innovations had positive significant effect on competitiveness, while product innovation had positive non-significant effect. The study recommends the implementation of innovations with high novelty by SMEs to increase their competitiveness. This can be facilitated by SMEs forming linkages and cooperating in innovation with knowledge generating institutions. |
| Databáze: | OpenAIRE |
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