IDEAS home Printed from https://ideas.repec.org/a/ssi/jouesi/v8y2020i2p1286-1304.html
   My bibliography  Save this article

Innovative potential of small and medium business

Author

Listed:
  • Almira Kulmaganbetova

    (L. N. Gumilyov Eurasian National University, Kazakhstan)

  • Igor Dubina

    (Novosibirsk State University, Russian Federation)

  • Zhibek Rakhmetulina

    (L. N. Gumilyov Eurasian National University, Kazakhstan)

  • Elvira Tlessova

    (L. N. Gumilyov Eurasian National University, Kazakhstan)

  • Zhanat Tulegenova

    (Turan-Astana University, Kazakhstan)

Abstract

The article presents the results of the practical implementation of the methodology for assessing the innovative potential of small and medium-sized businesses of the Republic of Kazakhstan. To identify the level of development of innovative activity of SMEs in Kazakhstan the methods of correlation and regression analysis were implemented. The analysis conducted on the basis of available statistical materials disclosures the impact of different factors on the innovative potential of small and medium-sized businesses. According to the author's approach to the evaluation of innovative potential, there are three groups of factors affecting the innovative potential – factors of general economic development, factors of development of small and medium-sized businesses and factors of development of research activities. The article also analyzes the main indicators of innovation activity of the considered enterprises and institutional features of their development. The results of the research allowed to identify both the advantages and disadvantages of innovative activity of national SMEs.

Suggested Citation

  • Almira Kulmaganbetova & Igor Dubina & Zhibek Rakhmetulina & Elvira Tlessova & Zhanat Tulegenova, 2020. "Innovative potential of small and medium business," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(2), pages 1286-1304, December.
    • Handle: RePEc:ssi:jouesi:v:8:y:2020:i:2:p:1286-1304
    DOI: 10.9770/jesi.2020.8.2(76)
    as

    Download full text from publisher

    File URL: https://jssidoi.org/jesi/uploads/articles/30/Kulmaganbetova_Innovative_potential_of_small_and_medium_business.pdf
    Download Restriction: no
    File URL: https://jssidoi.org/jesi/article/758
    Download Restriction: no
    File URL: https://libkey.io/10.9770/jesi.2020.8.2(76)?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Nurlan Kurmanov & Dametken Turekulova & Gulashar Doskeyeva & Gulzhan Alina, 2016. "A Research on Innovation in Small and Medium-sized Enterprises: The Case of Kazakhstan," International Journal of Economics and Financial Issues, Econjournals, vol. 6(3), pages 907-910.
    2. Rosenbusch, Nina & Brinckmann, Jan & Bausch, Andreas, 2011. "Is innovation always beneficial? A meta-analysis of the relationship between innovation and performance in SMEs," Journal of Business Venturing, Elsevier, vol. 26(4), pages 441-457, July.
    3. Juan Vicente García Manjón & Rafael Mompó & Judith Redoli, 2016. "Accelerating Innovation in Small and Medium-Sized Enterprises in the ICT Services Sector," SAGE Open, , vol. 6(3), pages 21582440166, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Baira Faulks & Yinghua Song & Moses Waiganjo & Bojan Obrenovic & Danijela Godinic, 2021. "Impact of Empowering Leadership, Innovative Work, and Organizational Learning Readiness on Sustainable Economic Performance: An Empirical Study of Companies in Russia during the COVID-19 Pandemic," Sustainability, MDPI, vol. 13(22), pages 1-27, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. S. Arunachalam & Sridhar N. Ramaswami & Pol Herrmann & Doug Walker, 2018. "Innovation pathway to profitability: the role of entrepreneurial orientation and marketing capabilities," Journal of the Academy of Marketing Science, Springer, vol. 46(4), pages 744-766, July.
    2. Agnieszka Kuś & Dorota Grego-Planer, 2021. "A Model of Innovation Activity in Small Enterprises in the Context of Selected Financial Factors: The Example of the Renewable Energy Sector," Energies, MDPI, vol. 14(10), pages 1-17, May.
    3. Boeker, Warren & Howard, Michael D. & Basu, Sandip & Sahaym, Arvin, 2021. "Interpersonal relationships, digital technologies, and innovation in entrepreneurial ventures," Journal of Business Research, Elsevier, vol. 125(C), pages 495-507.
    4. Frida Thomas Pacho, 2018. "Diversified Network Effects on Innovation Performance in Tanzania: Innovation Strategy in Service Firms," Journal of Entrepreneurship and Business Innovation, Macrothink Institute, Journal of Entrepreneurship and Business Innovation, vol. 5(1), pages 1-1, December.
    5. Kafigi Jeje, 2020. "Risk-Taking and Performance of Small and Medium-Sized Enterprises: Lessons from Tanzanian Bakeries," Journal of Economics and Behavioral Studies, AMH International, vol. 12(3), pages 1-22.
    6. Simona Alfiero & Laura Broccardo & Massimo Cane & Alfredo Esposito, 2018. "High Performance Through Innovation Process Management in SMEs. Evidence from the Italian wine sector," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2018(3), pages 87-110.
    7. Caliendo, Marco & Rodriguez, Daniel, 2023. "Divergent Thinking and Post-Launch Entrepreneurial Outcomes: Non-Linearities and the Moderating Role of Experience," IZA Discussion Papers 16443, Institute of Labor Economics (IZA).
    8. Francesco Ciampi & Alessandro Giannozzi & Giacomo Marzi & Edward I. Altman, 2021. "Rethinking SME default prediction: a systematic literature review and future perspectives," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(3), pages 2141-2188, March.
    9. Tsui-Yii Shih, 2018. "Determinants of Enterprises Radical Innovation and Performance: Insights into Strategic Orientation of Cultural and Creative Enterprises," Sustainability, MDPI, vol. 10(6), pages 1-22, June.
    10. Nadia Loukil & Ouidad Yousfi, 2022. "Do CEO’s traits matter in innovation outcomes?," Journal of International Entrepreneurship, Springer, vol. 20(3), pages 375-403, September.
    11. Fischer, Denise & Greven, Andrea & Tornow, Mark & Brettel, Malte, 2021. "On the value of effectuation processes for R&D alliances and the moderating role of R&D alliance experience," Journal of Business Research, Elsevier, vol. 135(C), pages 606-619.
    12. H. T. Tran & E. Santarelli, 2013. "Determinants and Effects of Innovative Activities in Vietnam. A Firm-level Analysis," Working Papers wp909, Dipartimento Scienze Economiche, Universita' di Bologna.
    13. Dimitrios Kafetzopoulos & Evangelos Psomas, 2016. "ORGANISATIONAL LEARNING, NON-TECHNICAL INNOVATION AND CUSTOMER SATISFACTION OF SMEs," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 20(03), pages 1-28, April.
    14. Dziallas, Marisa & Blind, Knut, 2019. "Innovation indicators throughout the innovation process: An extensive literature analysis," Technovation, Elsevier, vol. 80, pages 3-29.
    15. Arundel, Anthony & Casali, Luca & Hollanders, Hugo, 2015. "How European public sector agencies innovate: The use of bottom-up, policy-dependent and knowledge-scanning innovation methods," Research Policy, Elsevier, vol. 44(7), pages 1271-1282.
    16. Partanen, Jukka & Kohtamäki, Marko & Patel, Pankaj C. & Parida, Vinit, 2020. "Supply chain ambidexterity and manufacturing SME performance: The moderating roles of network capability and strategic information flow," International Journal of Production Economics, Elsevier, vol. 221(C).
    17. Nicolas Classen & Martin Carree & Anita Gils & Bettina Peters, 2014. "Innovation in family and non-family SMEs: an exploratory analysis," Small Business Economics, Springer, vol. 42(3), pages 595-609, March.
    18. Saibal Ghosh, 2022. "Firm Performance and Productivity: Is Labour an Obstacle?," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 65(3), pages 709-728, September.
    19. Joana Costa, 2021. "Carrots or Sticks: Which Policies Matter the Most in Sustainable Resource Management?," Resources, MDPI, vol. 10(2), pages 1-21, February.
    20. Hana Kim & Eungdo Kim, 2018. "How an Open Innovation Strategy for Commercialization Affects the Firm Performance of Korean Healthcare IT SMEs," Sustainability, MDPI, vol. 10(7), pages 1-14, July.

    More about this item

    Keywords

    innovative potential; innovative activity; small and medium-sized business; correlation method; statistical analysis; regression analysis;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ssi:jouesi:v:8:y:2020:i:2:p:1286-1304. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Manuela Tvaronaviciene (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.