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Characteristics of Small and Medium Enterprise Innovativeness: Cases of Uzbekistan and China

Author

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  • Ahunjonov Umidjon

    (School of Management, Wuhan University of Technology,Wuhan, 430070, P.R. China)

  • Hu Shuhua

    (School of Management, Wuhan University of Technology,Wuhan, 430070, P.R. China)

  • Bandula Jayathilake

    (School of Management, Wuhan University of Technology,Wuhan, 430070, P.R. China)

  • Mu Renyan

    (School of Management, Wuhan University of Technology,Wuhan, 430070, P.R. China)

Abstract

In this study, we aim at investigating factors significantly affecting innovation behavior of SMEs in developing country context. To realize the research objective, a thorough literature view on SME innovativeness has been realized and initial model for the study has been constructed. Data collected by self-administered questionnaire from SME CEOs and high level managers of Uzbekistan and China sample SMEs has been analyzed by Multivariate Logistic Model to make inference about significant determinants of SME innovativeness. The findings of the study suggest that CEOs with higher education, their innovation goal-oriented determination, and competition pressure from home market and abroad due to high export orientation of the SME and government incentives for innovations are being main forces making SMEs realize innovations. Internally, innovative SMEs are being led by CEOs with higher education degree and who well fits the great importance of innovations in their company strategy

Suggested Citation

  • Ahunjonov Umidjon & Hu Shuhua & Bandula Jayathilake & Mu Renyan, 2014. "Characteristics of Small and Medium Enterprise Innovativeness: Cases of Uzbekistan and China," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 1(1), pages 12-27, December.
    • Handle: RePEc:mgs:ijmsba:v:1:y:2014:i:1:p:12-27
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    More about this item

    Keywords

    Small And Medium Enterprise; Affecting Factors; Innovativeness; China; Uzbekistan;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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