Role of Technological Innovativeness in the Manufacturing Performance of Indian SMEs

摘要

Technological innovativeness is one of the most important dimensions of a firm's overall innovativeness, as they look for global competitiveness. This study deployed a survey questionnaire to investigate the role of technological innovativeness in the manufacturing performance of the Indian SMEs. The study also explored various parameters associated with customer orientation, technology orientation, technological alliances, product and process innovativeness of the firms. It was found that SMEs in India have started exploring the latest developments related to technology in their particular sectors, which is one of the good indicators of them having acquired technological innovativeness. Technological innovativeness in this context has in fact increased significantly. The study also found that the majority of the SMEs have reported incremental innovations. The study further revealed that the Indian SMEs give topmost priority to quality in the context of manufacturing performance, product uniqueness and customer orientation.