Factors influencing small and medium enterprises’innovativeness: Evidence from manufacturing companiesin Harare, Zimbabwe
The study investigated factors influencing innovativeness in small and medium enterprises (SMEs). Using empirical data from 330 SMEs, structural equation modelling was employed to test the factors that influence innovativeness at the level of the firm, namely the firm's resources, government su...
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Format: | research article |
Language: | English |
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Wiley
2023
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Online Access: | https://cris.library.msu.ac.zw//handle/11408/5387 https://doi.org/10.1002/joe.22180 |
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author | Charles Makanyeza Blessing Kudzai Mabenge Grace Portia Kuda Ngorora-Madzimure |
author2 | Namibia Business School, University of Namibia, Windhoek, Namibia |
author_facet | Namibia Business School, University of Namibia, Windhoek, Namibia Charles Makanyeza Blessing Kudzai Mabenge Grace Portia Kuda Ngorora-Madzimure |
author_sort | Charles Makanyeza |
collection | DSpace |
description | The study investigated factors influencing innovativeness in small and medium enterprises (SMEs). Using empirical data from 330 SMEs, structural equation modelling was employed to test the factors that influence innovativeness at the level of the firm, namely the firm's resources, government support and institutional policies, networks and collaborations, the organization's innovative culture, local knowledge diffusion, and facilitating conditions. Results show that the firm's resources, government support and institutional policies, and networks and collaborations each positively influences innovativeness at the level of the firm. On the contrary, the organization's innovative culture, local knowledge diffusion and facilitating conditions were found to have insignificant effects on innovativeness. It is recommended that, to increase innovativeness, SMEs should invest in building up their resources in terms of both tangible and intangible resources. They can also lobby the government for support and to institute policies that promote innovativeness. Furthermore, SMEs are advised to build networks and collaborations with other institutions such as colleges, universities, research institutions and well-established and innovative firms. SMEs in developing and emerging markets can benefit from these findings. |
format | research article |
id | ir-11408-5387 |
institution | My University |
language | English |
publishDate | 2023 |
publisher | Wiley |
record_format | dspace |
spelling | ir-11408-53872023-03-06T07:58:46Z Factors influencing small and medium enterprises’innovativeness: Evidence from manufacturing companiesin Harare, Zimbabwe Charles Makanyeza Blessing Kudzai Mabenge Grace Portia Kuda Ngorora-Madzimure Namibia Business School, University of Namibia, Windhoek, Namibia Centre for Entrepreneurship, MidlandsState University, Gweru, Zimbabwe Department of Entrepreneurship and Business Management, Chinhoyi University of Technology, Chinhoyi, Zimbabwe Creativity Innovation Innovativeness Invention The study investigated factors influencing innovativeness in small and medium enterprises (SMEs). Using empirical data from 330 SMEs, structural equation modelling was employed to test the factors that influence innovativeness at the level of the firm, namely the firm's resources, government support and institutional policies, networks and collaborations, the organization's innovative culture, local knowledge diffusion, and facilitating conditions. Results show that the firm's resources, government support and institutional policies, and networks and collaborations each positively influences innovativeness at the level of the firm. On the contrary, the organization's innovative culture, local knowledge diffusion and facilitating conditions were found to have insignificant effects on innovativeness. It is recommended that, to increase innovativeness, SMEs should invest in building up their resources in terms of both tangible and intangible resources. They can also lobby the government for support and to institute policies that promote innovativeness. Furthermore, SMEs are advised to build networks and collaborations with other institutions such as colleges, universities, research institutions and well-established and innovative firms. SMEs in developing and emerging markets can benefit from these findings. 42 3 10 23 2023-03-06T07:58:45Z 2023-03-06T07:58:45Z 2022-09-04 research article https://cris.library.msu.ac.zw//handle/11408/5387 https://doi.org/10.1002/joe.22180 en Global Business and Organizational Excellence 1932-2062 open Wiley |
spellingShingle | Creativity Innovation Innovativeness Invention Charles Makanyeza Blessing Kudzai Mabenge Grace Portia Kuda Ngorora-Madzimure Factors influencing small and medium enterprises’innovativeness: Evidence from manufacturing companiesin Harare, Zimbabwe |
title | Factors influencing small and medium enterprises’innovativeness: Evidence from manufacturing companiesin Harare, Zimbabwe |
title_full | Factors influencing small and medium enterprises’innovativeness: Evidence from manufacturing companiesin Harare, Zimbabwe |
title_fullStr | Factors influencing small and medium enterprises’innovativeness: Evidence from manufacturing companiesin Harare, Zimbabwe |
title_full_unstemmed | Factors influencing small and medium enterprises’innovativeness: Evidence from manufacturing companiesin Harare, Zimbabwe |
title_short | Factors influencing small and medium enterprises’innovativeness: Evidence from manufacturing companiesin Harare, Zimbabwe |
title_sort | factors influencing small and medium enterprises’innovativeness: evidence from manufacturing companiesin harare, zimbabwe |
topic | Creativity Innovation Innovativeness Invention |
url | https://cris.library.msu.ac.zw//handle/11408/5387 https://doi.org/10.1002/joe.22180 |
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