Title

Constraints, determinants of SME innovation, and the role of government support

RIS ID

91735

Publication Details

Oum, S., Narjoko, D. & Harvie, C. (2014). Constraints, determinants of SME innovation, and the role of government support. ERIA Discussion Paper Series, 2014-10 1-38.

Abstract

This paper provides an empirical analysis of potential constraints to SMEs upgrading their capability to innovate, and assesses the effectiveness of government support in overcoming these constraints. The justification for government support is that market failures can hinder SMEs' access to information, finance, technology, and human resources. This paper focuses on the impact of the perceived effectiveness of government support through business development services in terms of providing: (i) training; (ii) counselling and advice; (iii) technology development and transfer; (iv) information; (v) business linkages; (vi) financing; and (vii) a conducive business environment. The effectiveness of this support is evaluated against the ability of SMEs to innovate.

Link to publisher version (URL)

ERIA Discussion Paper Series

Please refer to publisher version or contact your library.

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