Key Barriers to Small and Medium Enterprises Innovation Performance across Europe
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F21%3A63534738" target="_blank" >RIV/70883521:28120/21:63534738 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Key Barriers to Small and Medium Enterprises Innovation Performance across Europe
Original language description
Innovation is worldwide considered as a key instrument for Small and medium enterprises (SMEs) competitiveness. Small firms stand the risk of losing customers when their products and processes do not embrace innovation which makes them uncompetitive. The adoption of information technology has ensured a dynamic and competitive economy across Europe. Most literature reviewed indicates that few empirical studies have been conducted by researchers on barriers to SME innovation performance across Europe. This article aims to identify innovation barriers that limit the innovation performance of small and medium enterprises (SME) across Europe. This study adopts document analysis and a qualitative approach in its methodology to fill the literature gap. Scientific articles in the Scopus, WoS, and Google scholar database was used in the document analysis using keywords concerning the topic. Results from most of the documents analyzed indicated that inadequate funds, inadequate qualified and skilled personnel, low adoption of technology, and keen competition among firms are some key factors hindering SME's innovation performance. The theoretical implication will provide insight into some main barriers to SMEs' innovation performance and its influence on the European economy. The results of the study may also be helpful for SME managers who are attempting to adopt innovation across the European region. This study is limited in the sense that no sample size was used. The sample covers the whole European region which cannot be used to generalized other continents.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Conference Proceedings 17th Annual International Bata Conference for Ph.D. Students and Young Researchers
ISBN
978-80-7678-025-5
ISSN
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e-ISSN
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Number of pages
9
Pages from-to
21-29
Publisher name
Univerzita Tomáše Bati ve Zlíně, Fakulta managementu a ekonomiky
Place of publication
Zlín
Event location
Zlín
Event date
May 20, 2021
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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