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Unlocking the mystery of manufacturing SMEs' performance by utilizing the power of strategic innovation

AlQershi, Nagwan and Abas, Zakaria and Mohd Mokhtar, Sany Sanuri (2019) Unlocking the mystery of manufacturing SMEs' performance by utilizing the power of strategic innovation. In: Creativity and Innovation: Keys to Productivity. School of Technology Management and Logistics (STML), Universiti Utara Malaysia Sintok, pp. 37-47. ISBN 978-967-2276-11-1

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Abstract

In the context of developing nations, Small and Medium Enterprises (SMEs) make significant contributions to economic development (Isaga, Masurel, & Van Montfort, 2015; Abor & Quartey, 2010; Kapurubandara & Lawson, 2006). Many nations have targeted the development of the SME sub-sector as a major part of their overall economic plans (Khalique, Bontis, Abdul Nassir, & Hassan, 2015). In general, SMEs around the world have a key role in the growth and sustainability of the economy (Kaur & Sharma, 2016). In this regard, organizations that enjoy a competitive edge are more likely to achieve high value and optimum performance, as revealed by Barney (1991). Over the years, the role of competitive advantage in improving the performance of business organizations has been comprehensively scrutinized (e.g., Albrecht, Bakker, Gruman, Macey & Saks, 2015; Asmussen & Foss, 2014). Organizations have to shift from technology-oriented entities into ones that thrive on strategic innovation (Shams, Vrontis, Weber & Tsoukatos, 2018).

Item Type: Book Section
Subjects: H Social Sciences > HB Economic Theory
Divisions: School of Technology Management & Logistics
Depositing User: Mrs. Norazmilah Yaakub
Date Deposited: 14 Jan 2021 03:37
Last Modified: 14 Jan 2021 03:37
URI: https://repo.uum.edu.my/id/eprint/28088

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