2026· International journal of research and innovation in social science· 0 citations
Abstract
This study investigates the relationship between innovation adoption and organizational growth among Small and Medium Enterprises (SMEs) in Imo State, Nigeria. Innovation adoption, encompassing product, process, and technological innovations, is widely recognized as a key driver of firm performance and competitiveness. Using a quantitative research design, data were collected from 334 SMEs through structured questionnaires, with 320 valid responses analyzed. Descriptive statistics revealed moderate to high adoption of innovations, with product innovation being the most prevalent. Correlation and multiple regression analyses indicated that all three types of innovation significantly predict organizational growth, with product innovation having the strongest impact. Key challenges to innovation adoption included financial constraints, infrastructural deficits, limited managerial competence, and resistance to change. The study concludes that strategic adoption of innovations is crucial for SMEs’ growth and recommends that SMEs prioritize product and process innovations, adopt appropriate technologies, and build managerial capacity. Policymakers are encouraged to improve access to finance, infrastructure, and technical support to foster SME innovation and growth.
PURPOSE: This study investigates the multidimensional factors associated with innovation outcomes among innovation-active small and medium-sized enterprises (SMEs) in the Colombian service sector, an emerging economy characterized by financial asymmetries and fragmented innovation support and knowledge-transfer framewo...
Yaneth P. Romero-Alvarez, Katherinne Salas-Navarro, Lisana B. Martinez· Journal of Entrepreneurship,...· 1 citation
Most Small and Medium Enterprises (SMEs) in Nigeria have engaged in various innovation strategies, including market and process innovations, while organizations like SMEDAN provide support through training and resources. Despite these initiatives, many SMEs continue to face performance challenges. This study examined t...
Samuel Henry Efe, Odonye Osekweyi Yakubu· International journal of res...· 0 citations
This study examines the role of strategic flexibility (SF) in supporting sustainable growth among small and medium-sized enterprises (SMEs) operating in an emerging economy context. Specifically, it investigates the relationships between SF, business model innovation (BMI), competitive advantage (CA), and firm performa...
Mohammadsadegh Omidvar, Giovanna Lusini, Maria Palazzo· Sustainability· 0 citations
Financial sustainability is a decisive condition for small and medium-sized enterprises (SMEs) because it determines whether firms can maintain liquidity, generate stable profitability, absorb shocks, and finance growth. Drawing on Dynamic Capability Theory and the Resource-Based View, this study examines how manageria...
Duduh Sujana, N. Nugraha, D. Disman et al.· Jurnal Ilmiah Manajemen Kesa...· 0 citations
The contributions of Small and Medium Enterprises (SMEs) to the economic development of emerging economies, including Malaysia, are undeniably significant. Recent reports indicate that the importance of such contributions has intensified over the years, prompting the government to allocate substantial resources aimed a...
Mohd Sufli Yusof, Muhamad Ali Imran Kamarudin, Zulianis Alias et al.· PaperASIA· 0 citations
Purpose – This study examines the extent to which institutional environment influences innovation capacity, supply chain performance, and competitive advantage among small and medium enterprises (SMEs) in Ghana, drawing insights from institutional theory.
Design/methodology/approach – The study employed a quantitative...
Emmanuel Nii Tackie, Sheriff Adjei Odonkor· International journal of res...· 0 citations
We use cookies to run the site and, with your consent, for analytics and to show ads.
See our Cookie Policy.