Affiliation:
1. Namibia University of Science and Technology, Windhoek, Namibia & University of Pune, Maharashtra, India
2. Ministry of Safety and Security, Namibia
Abstract
SMEs contribute to economic growth, employment and thereby reduce poverty. Hence, they are considered as an engine of growth, especially in the developing countries like Namibia. The other reason is they aid promotion of entrepreneurship, innovative activities enhance competition, productivity and economic growth. Adopting a qualitative approach, this study investigated the influence of innovation on SME performance and how enhancing innovation adoption will boost SMEs performance in the Khomas Region, Namibia. Primary data was collected through open and closed-ended questionnaire, distributed to 20 SME owners by means of purposive sampling method and content analysis done. Findings reflect that innovation is an important element of every organization as it had major influence on performance. Besides, innovative enterprises showed better growth. The recommendations include that the Government of Namibia consider strong financial and mentor-ship support through strategic measures, like business incubators so as to augment and sustain SMEs positive performance.
Reference100 articles.
1. Issues in SME development in Ghana and South Africa.;J.Abor;International Research Journal of Finance and Economics,2010
2. Adhiambo, J. A. (2014). The effects of product innovation on financial performance of commercial banks in Kenya. Unpublished MBA Research Project, University of Nairobi. Retrieved from http://scholar.google.com
3. Knowledge absorptive capacity: do all its dimensions matter for export performance of SMEs?
4. Innovation and business performance of SMEs: the case of Dubai
5. Ali, S. (2001). Managing creativity and innovation in organisations. Journal of Tact, 110.
Cited by
6 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献