The impact of innovation on growth and performance of processed food SMEs in Malaysia

Research output: Contribution to journalArticle

Abstract

The main aims of this study are to examine the innovation impacts on the performance and growth of processed food SMEs in Malaysia. Towards the achievement of its objectives, the present study had utilised descriptive statistical analysis and econometric techniques through the field survey of executives of processed food SMEs in Malaysia. The multiple logistic regression models were employed to estimate how the new innovations are affecting the annual sales turnover of SMEs in Malaysia. The study revealed that the Malaysian SMEs are exploring innovations to continue their performance and annual growth. On the other hand, multiple logistic regression model outputs shows that there are significant positive impacts of innovations especially in the category of new product, new operational process, new managerial process, new markets and of new sources of supply on the annual sales turnover of processed food SMEs in Malaysia.

Original languageEnglish
Pages (from-to)61-79
Number of pages19
JournalInternational Journal of Entrepreneurship and Innovation Management
Volume20
Issue number1-2
DOIs
Publication statusPublished - 2016

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Processed foods
Innovation
Logistics
Sales
Statistical methods
Malaysia
Small and medium-sized enterprises

Keywords

  • Growth
  • Innovations
  • Malaysia
  • performance
  • Small and medium enterprises
  • SMEs

ASJC Scopus subject areas

  • Business and International Management
  • Economics and Econometrics
  • Strategy and Management
  • Management of Technology and Innovation

Cite this

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title = "The impact of innovation on growth and performance of processed food SMEs in Malaysia",
abstract = "The main aims of this study are to examine the innovation impacts on the performance and growth of processed food SMEs in Malaysia. Towards the achievement of its objectives, the present study had utilised descriptive statistical analysis and econometric techniques through the field survey of executives of processed food SMEs in Malaysia. The multiple logistic regression models were employed to estimate how the new innovations are affecting the annual sales turnover of SMEs in Malaysia. The study revealed that the Malaysian SMEs are exploring innovations to continue their performance and annual growth. On the other hand, multiple logistic regression model outputs shows that there are significant positive impacts of innovations especially in the category of new product, new operational process, new managerial process, new markets and of new sources of supply on the annual sales turnover of processed food SMEs in Malaysia.",
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