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The influence of innovation on the performance of small and medium enterprises in Zimbabwe

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  • Charles Makanyeza
  • Gilbert Dzvuke

Abstract

Based on a survey of 200 SMEs, this research investigated innovation's influence on the performance of small and medium enterprises (SMEs) in Harare, Zimbabwe. The study found that SMEs were somewhat innovative. The performance of SMEs was found to somewhat increase over the period SMEs were innovating. Innovation was found to positively predict the performance of SMEs. Organizational innovation and product innovation positively predicted the performance of SMEs while marketing innovation and process innovation did not. The influence of innovation on enterprise performance varied from industry to industry. The research has implications for managers and future researchers.

Suggested Citation

  • Charles Makanyeza & Gilbert Dzvuke, 2015. "The influence of innovation on the performance of small and medium enterprises in Zimbabwe," Journal of African Business, Taylor & Francis Journals, vol. 16(1-2), pages 198-214, January.
  • Handle: RePEc:taf:wjabxx:v:16:y:2015:i:1-2:p:198-214
    DOI: 10.1080/15228916.2015.1061406
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    Citations

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    Cited by:

    1. Asongu, Simplice A. & Nwachukwu, Jacinta C., 2018. "Educational quality thresholds in the diffusion of knowledge with mobile phones for inclusive human development in sub-Saharan Africa," Technological Forecasting and Social Change, Elsevier, vol. 129(C), pages 164-172.
    2. Frederick Owusu Agyapong & Ahmed Agyapong & Kofi Poku, 2017. "Nexus between social capital and performance of micro and small firms in an emerging economy: The mediating role of innovation," Cogent Business & Management, Taylor & Francis Journals, vol. 4(1), pages 1309784-130, January.
    3. Samuel Afriyie & Jianguo Duo & Kingsley Appiah & Abdul-Aziz Ibn Musah, 2018. "The Nexus between Types of Innovation and Marketing Performance of SME in an Emerging Economy," International Review of Management and Marketing, Econjournals, vol. 8(6), pages 78-92.
    4. Simplice A. Asongu & Vanessa S. Tchamyou & Paul N. Acha-Anyi, 2020. "Who Is Who in Knowledge Economy in Africa?," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(2), pages 425-457, June.
    5. Samuel Afriyie & Jianguo Du & Abdul-Aziz Musah, 2019. "Innovation and marketing performance of SME in an emerging economy: the moderating effect of transformational leadership," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 9(1), pages 1-25, December.
    6. Samuel Afriyie & Jianguo Du & Abdul-Aziz Ibn Musah, 2019. "Innovation And Knowledge Sharing Of Sme In An Emerging Economy; The Moderating Effect Of Transformational Leadership Style," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 24(04), pages 1-26, June.
    7. Ateufack Djogho Ramecesse, 2021. "Corporate Social Responsibility and Firm Performance in SMEs: Empirical Evidence from Cameroon," Business and Economic Research, Macrothink Institute, vol. 11(3), pages 88-105, December.
    8. Arega Shumetie & Mulugeta Damie Watabaji, 2019. "Effect of corruption and political instability on enterprises’ innovativeness in Ethiopia: pooled data based," Journal of Innovation and Entrepreneurship, Springer, vol. 8(1), pages 1-19, December.

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