Enhancing technological innovation in small firms: Role of collaboration

27th International Conference on CADCAM, Robotics and Factories of the Future 2014

工业技术;机械制造

Singh, D.^1 ; Khamba, J.S.^2 ; Nanda, T.^2

Department of Mechanical Engineering, Punjabi University, Patiala, India^1

Department of Mechanical Engineering, Thapar University, Patiala, India^2

关键词: Collaboration;    Collaboration network;    Economic downturn;    Government agencies;    Industrial sector;    MSMEs;    Small and medium enterprise;    Technological innovation;   

Others  :  https://iopscience.iop.org/article/10.1088/1757-899X/65/1/012026/pdf
DOI  :  10.1088/1757-899X/65/1/012026

学科分类：工业工程学

来源: IOP

【 摘 要 】

Contribution of Micro-Small and Medium Enterprises (MSMEs) is highly remarkable in the overall industrial economy of the country. In recent years, the MSME sector has consistently registered higher growth rate compared to the overall industrial sector. With its agility and dynamism, the sector has shown admirable innovativeness and adaptability to survive the recent economic downturn and recession. However, MSMEs growth rate is still at low level. Therefore, it becomes essential for organizations to adopt new technologies or upgrade existing setup to meet continuously changing global market and fulfill customer needs. This paper explores the relationships between different collaboration networks and technological innovation of small firms through an extensive review of literature. The study finds that collaboration with larger enterprises, R&D institutions, universities and government agencies play a significant role in enhancing technological innovation in small firms.