Impact of Product and Process Innovations on the Performance of SMEs

Authors

  • Naveen S Doctoral Scholar, Jain University Bengaluru, India https://orcid.org/0009-0003-4567-5044
  • C. G. Krishnadas Nair Former Chancellor, Jain (Deemed to be University), Bengaluru, India

DOI:

https://doi.org/10.54756/IJSAR.2023.V3.2.6

Keywords:

Performance of SMEs, Product Innovations, Process Innovation, R&D Expenditure, Engineering Sectors

Abstract

The paper deals with a recent research study on the requirement of R&D to create new products and processes through innovation management and its impact on the overall performance of SMEs. Findings are made to know whether SMEs' significant level of R&D for product/process innovations influences growth. Feedback was obtained from the SMEs for the number of products/process introduced and R&D expenditure as a percentage of sales. The ratings on the level of innovations are made to analyze the impact on the performance of SMEs.

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How to Cite

Naveen S, & C. G. Krishnadas Nair. (2023). Impact of Product and Process Innovations on the Performance of SMEs. International Journal of Scientific and Academic Research (IJSAR), EISSN: 2583-0279, 3(2), 53–58. https://doi.org/10.54756/IJSAR.2023.V3.2.6