IDEAS home Printed from https://ideas.repec.org/p/ris/adbiwp/0588.html
   My bibliography  Save this paper

Barriers to Innovation in Indian Small and Medium-Sized Enterprises

Author

Listed:
  • Pachouri, Anshul

    (Asian Development Bank Institute)

  • Sharma, Sankalp

    (Asian Development Bank Institute)

Abstract

Innovation plays a critical role in shaping the industrial and firm competitiveness of any nation. Innovation is often discussed in the setting of developed countries, but the rise of emerging economies such as India has generated a new interest in understanding innovation in developing economies. This paper aims to study and present the current state of innovation in small and medium-sized enterprises (SMEs) in India. The focus of the paper is to bring out the key barriers SMEs face in the innovation process in the context of the existing government policy. India, being a developing nation, has its own set of unique situations and challenges that impede the innovation potential of SMEs operating in it. Many of these barriers are related to public policy, funding constraints, shortage of skilled research and development (R&D) workforce, and weak linkages between institutions and the firms, among others.

Suggested Citation

  • Pachouri, Anshul & Sharma, Sankalp, 2016. "Barriers to Innovation in Indian Small and Medium-Sized Enterprises," ADBI Working Papers 588, Asian Development Bank Institute.
    • Handle: RePEc:ris:adbiwp:0588
    as

    Download full text from publisher

    File URL: https://www.adb.org/sites/default/files/publication/189392/adbi-wp588.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. repec:ilo:ilowps:483335 is not listed on IDEAS
    2. Papola, T. S.,, 2013. "Role of labour regulation and reforms in India : country case study on labour market segregation," ILO Working Papers 994833353402676, International Labour Organization.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mohammad Jamal Khan & Sahrish Ahmad & Hasliza Abdul Halim & Noor Hazlina Ahmad, 2022. "The Effect of Service Innovation Orientation and Open Innovation on Innovation Performance of Medium and Small Private Hospitals in India," SAGE Open, , vol. 12(3), pages 21582440221, August.
    2. Anita Gupta & Saibal Kumar Saha & Neeta Dhusia Sharma & Ajeya Jha, 2021. "Perceptual Differences Across Various Stakeholder Groups: A Study of Challenges for Skill Development in Sikkim, India," International Journal of Asian Business and Information Management (IJABIM), IGI Global, vol. 12(3), pages 43-66, July.
    3. Bhattacharjya, Bibhuti Ranjan & Kakoty, Sashindra Kumar & Singha, Siddhartha, 2019. "A feedback mechanism for appropriate technology development and dissemination: Case study approach," Technology in Society, Elsevier, vol. 57(C), pages 104-114.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ravi Srivastava, 2019. "Emerging Dynamics of Labour Market Inequality in India: Migration, Informality, Segmentation and Social Discrimination," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 62(2), pages 147-171, June.
    2. Surendra Meher, 2021. "Occupational Segmentation and Earning Differences across Social Class: An Investigation from Rural Odisha," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 64(3), pages 749-767, September.
    3. Sher Singh Verick, 2017. "The puzzles and contradictions of the Indian labour market: What will the future of work look like?," ASARC Working Papers 2017-02, The Australian National University, Australia South Asia Research Centre.
    4. M Vijayabaskar, 2017. "State spatial restructuring, subnational politics and emerging spaces of engagement for collective action: Labour regimes in Tamil Nadu, southern India," Environment and Planning C, , vol. 35(1), pages 42-56, February.
    5. Manik Kumar & Sweety Pandey, 2021. "Wage Gap Between Formal and Informal Regular Workers in India: Evidence from the National Sample Survey," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 13(1), pages 104-121, January.
    6. Irfan Ahmad SOFI & Mohd Hussain KUNROO, 2018. "Demand shocks and employment adjustments: Does employment protection legislation create rigidity?," International Labour Review, International Labour Organization, vol. 157(3), pages 461-480, September.
    7. Hansa Jain, 2017. "Contractualization and Wage Differences: Evidence from Organized Manufacturing Industries in India," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 60(3), pages 461-479, September.
    8. Landau, Ingrid & Mahy, Petra. & Mitchell, Richard., 2015. "The regulation of non-standard forms of employment in India, Indonesia and Viet Nam," ILO Working Papers 994888153402676, International Labour Organization.
    9. Nitu Jaiswal, 2019. "Quality of Informal Jobs in India’s Banking Sector: A Primary Study Through the “Decent Work†Framework," Indian Journal of Human Development, , vol. 13(1), pages 71-83, April.

    More about this item

    Keywords

    SME innovation; innovation policy framework; public policy barriers; innovation potential;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:adbiwp:0588. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ADB Institute (email available below). General contact details of provider: https://edirc.repec.org/data/adbinjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.