On the capability of SMEs to innovate: the cable and wire manufacturing sub-sector in Nigeria
AbstractThis study explored the factors that explain innovation capability in SMEs in developing countries. This is important given the increasing global pressures that these SMEs have to face. The data employed came from a survey of Cable and Wire manufacturing firms in Nigeria. The important factors that accounted for innovation performance were firm-level leadership and use of new technologies – particularly ICTs. Important external factors included interactions with customers and suppliers of equipment/raw materials. Particularly, the industry association was about the most significant driver of innovativeness. We therefore conclude that it is beneficial for industries in developing countries to be well-organised as a means to achieving improved innovation capability.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 25340.
Date of creation: 2009
Date of revision: 2009
innovation; innovation capability; innovation pattern; SMEs; internal and external factors; Nigeria;
Find related papers by JEL classification:
- L68 - Industrial Organization - - Industry Studies: Manufacturing - - - Appliances; Furniture; Other Consumer Durables
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
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