The Impact of Innovation on Small and Medium Enterprises Performance: Empirical Evidence from Hargeisa, Somaliland
Journal Title: International Journal of Academic Research in Business and Social Sciences - Year 2017, Vol 7, Issue 8
Abstract
This study examines the impact of innovation on the performance of Small and Medium Enterprises (SMEs) in Hargeisa, Somaliland. Target population of the study was 6930 SMEs in Hargeisa; a number provided by Hargeisa Local Government, and Somaliland Ministry of Trade and Investment as the two institutions issue business licenses to the small enterprises and medium enterprises respectively. A sample of 378 SMEs has been drown from this population. The study adopted both descriptive and regression analyses to estimate the impact of innovation. Regression results of the study reveal that innovation significantly affects the performance of SMEs in Hargeisa. The study finds that the effects of product innovation, marketing innovation and organizational innovation are statistically significant among these SMEs.
Authors and Affiliations
Mohamed Hussein Abdilahi, Abdikarim Adan Hassan, Muhumed Mohamed Muhumed
Keywords
Related Articles
- EP ID EP615189
- DOI 10.6007/IJARBSS/v7-i8/3202
- Views 54
- Downloads 0
Shariah Compliant Gold Investment: An Understanding among Academicians in Terengganu, Malaysia
This article aims to explore the understanding of shariah compliant gold investment among Muslim academicians in public institutions of higher learning in Terengganu. Gold has retained its importance through the centurie...
Teachers' Motivational Perceptions and Students' Academic Achievement at Oman Public Schools
Motivation is an essential factor which affects students’ participation and engagement in their classwork and academic achievement and grades. The main purpose of this research is to identify the level of teacher motivat...
The Responsibilities of Financial Fraud Activities Among of Auditor in the Business Organizations
The study paper mainly focuses on the financial fraud of the issue either auditors can act as a first respondents or not. As first respondents, their primarily responsible is to clarify the fraud, stabilize situation and...
Examining the Relationship between Organisational Justice and Organizational Commitment with Perceived Organisational Support of the Malaysian High Performance School Sports Developmental Programme (SPTS) Volunteer Coaches
This study aims to examine the relationship between organisational justice and organizational commitment with perceived organisational support of the Malaysian High Performance School Sports Developmental Programme (SPTS...
Factors Influencing Safety Performance at the Construction Site
The construction industry plays a vital role in the Malaysian economic sector. However, statistics show that the number of accidents has been rising over the years, especially at construction sites. Thus, the research ai...