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Innovation-Driven Small Enterprises: Global Research and Strategic Economic Insights

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  • Anup Prajwal Veigas

    (Dayananda Sagar College of Engineering, Bangalore)

  • Dr. Vinod Krishna

    (Dayananda Sagar College of Engineering, Bangalore)

Abstract

Small businesses represent the foundational bedrock of global economic systems, spanning from informal microenterprises to dynamic and growth-oriented small and medium-sized enterprises (SMEs). They are critical engines of job creation, innovation, regional development, and social inclusion, accounting for the majority of business establishments and a substantial proportion of employment worldwide. Despite their ubiquity and importance, small businesses have historically occupied a peripheral position in academic research and policy discourse, which have often favoured the scale, visibility, and measurable impact of large multinational corporations.

Suggested Citation

  • Anup Prajwal Veigas & Dr. Vinod Krishna, 2025. "Innovation-Driven Small Enterprises: Global Research and Strategic Economic Insights," International Journal of Research and Innovation in Applied Science, International Journal of Research and Innovation in Applied Science (IJRIAS), vol. 10(7), pages 1474-1490, July.
    • Handle: RePEc:bjf:journl:v:10:y:2025:i:7:p:1474-1490
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