Title: Technological innovations and energy intensity of machine tool SMEs in Bangalore: do process innovations contribute to energy efficiency?
Authors: M.H. Bala Subrahmanya; R. Sudhir Kumar
Addresses: Department of Management Studies, Indian Institute of Science, 560012 Bangalore, India. ' NSS College of Engineering, Akathethara, Palakkad-678008, Kerala, India
Abstract: This paper explores the relationship between technological process innovations and energy intensity growth of small and medium enterprises (SMEs) in the machine tools industry of Bangalore, India. It empirically substantiates that SMEs, which carry out process innovations with the objective of cost reduction are able to achieve reductions in their energy intensities, over a period of time. Apart from innovations, sales growth, labour productivity growth and technical entrepreneurship significantly contributed to bringing down energy intensity and enhance energy efficiency of machine tool SMEs. It is significant to note that process innovations contributed more to the reduction of energy intensity in more energy efficient SMEs compared to less energy efficient SMEs.
Keywords: small and medium-sized enterprises; SMEs; process innovation; energy intensity; machine tools industry; India; technological innovation; energy efficiency; sales growth; labour productivity; technical entrepreneurship.
International Journal of Energy Technology and Policy, 2011 Vol.7 No.5/6, pp.519 - 536
Accepted: 05 Sep 2011
Published online: 01 Feb 2012 *