An investigation of factors that influence innovation-adoption among SMEs

Hamid, Noor Fazira and Wahab, Eta and Abdulah, Nor Hazana (2013) An investigation of factors that influence innovation-adoption among SMEs. In: 1st FPTP Postgraduate Seminar 2013, 23 December 2013, Fakulti Pengurusan Teknologi dan Perniagaan, UTHM .

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Abstract

In today’s global economy, innovation helps organizations to grow. Innovation is important as the production or adoption of useful ideas and idea implementation in the organization. It can be applied to products, processes, or services and in any organization. Generally, organizational growth is measured in turnover and profit. Application of innovation in an organization has become an important factor to ensure the management of an organization run by smoothly. This process is affected by multiple factors, identification of the factors that significantly affect innovation adoption would provide insight on how to increase innovation adoption among SMEs. This is a particularly pertinent issue for SMEs have been recognized as the economic impetus in both developed and developing countries. Furthermore, the level of innovation in Malaysia is still low. Thus, this paper aim to investigate the factors that influence innovation adoption among SMEs. The significance of this research to SMEs firm can enjoy substantial economies of scale and the SMEs firm can achieve better competitive strategies and performance.This paper based on literature review over a 13 year period from 2000 until 2013. This review is based on 50 journals relating to innovation adoption. The findings are reviewed 13 factors that influence innovation adoption.

Item Type:Conference or Workshop Item (Paper)
Uncontrolled Keywords:innovation; adoption; innovation adoption; SMEs; organizational innovation
Subjects:H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management > HD45-45.2 Technological innovations. Automation
Divisions:Faculty of Technology Management and Business > Department of Technology Management
ID Code:5798
Deposited By:Normajihan Abd. Rahman
Deposited On:25 Aug 2014 12:22
Last Modified:25 Aug 2014 12:22

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