Innovations In Indian Smes: Effective Policies For Survival And Profitability /

Matani, A. G.

Innovations In Indian Smes: Effective Policies For Survival And Profitability / A. G. Matani and A. A. Gulhane - Vol. 7, issue 1-2 (109-113 p.)

In a globalize economy, regional or national benchmarks no longer suffice. Indian small-scale entrepreneurs will have to benchmark their current status of technology and business in this regard with the best in the world. Smaller firms play an increasingly important role in innovation, job creation, and overall economic growth in most industrialized countries. Success in today's competitive environment requires an organization to innovate and renew its operations and resources. SMEs are becoming increasingly involved in global competitive markets, either as part of supply chains or due to expansion and growth. This paper highlights about various strategies to be adopted by SMEs for making fruitful innovations to face the challenges of competitive economy.


Competitive industrial performance
Various approaches to innovations
Consultancy services
Small business innovation
Research system

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