"Innovations in Small and Medium Enterprises (2002-2005)," Department of Scientific and Industrial Research, Government of India, 2005.
V. Chandrasekar, Executive Director, WCED, Indian School of Business, Dr. Mary Mathew, Assistant Professor, Department of Management Studies, Indian Institute of Science.
This report proposed to develop and measure an appropriate model of innovation across Small and Medium Enterprises (SMEs) in India. The study was done on four sectors, namely information technology, pharmaceutical, machine tool and precision tool. Considering that a list of Indian SMEs in the four sectors was not readily available, various efforts were made to identify this sample. A detailed literature review in the area of innovation in SMEs led to the identification of certain factors which are indicative of innovativeness of an SME – R & D density, innovation typologies, magnitude of impact on environment and R & D outputs that are indicative of innovation. Conceptual models were developed to understand these factors and measure them. Innovation was studied under three measurement classifications – indicators of possible innovation (innovativeness potential), R & D process activities (density of linear R & D processes), and innovation typology and outcomes. Interesting empirical results of the status of innovation have been found in Indian SMEs. While presence of incremental innovation is certainly evident radical innovation is missing. Organizations that have high R & D density certainly have better potential for innovation. |
