Technological innovations in Indian Small and Medium Enterprises (SMEs) sector: does firm size matter? Online publication date: Mon, 24-Jul-2006
by M.H. Bala Subrahmanya
International Journal of Innovation and Learning (IJIL), Vol. 3, No. 5, 2006
Abstract: SMEs, irrespective of size, are primarily engaged in 'incremental technological innovations' with self efforts. But average innovation expenditure and innovation personnel increased with firm size. There is a positive relationship between innovation expenditure and value of output, and negative relationship between innovation intensity and firm size. Innovation expenditure with labour and capital has a significant influence on the value of output in each of the sub sectors.
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