An analysis of R&D Expenditure and Innovations (Product & Process) by SMEs and its impact on performance

Authors

  • Naveen S JAIN (Deemed to be University)
  • Dr. C G Krishnadas Nair

DOI:

https://doi.org/10.31695/IJERAT.2022.8.11.2

Keywords:

Performance of SMEs, R&D expenditure, Product innovation, Process innovations, Profitability, Engineering Sectors.

Abstract

The paper deals with a recent research study on the impact relation of R&D expenses and product/process innovations by SMEs on performance. SMEs contribute 42% of industrial production. Many SMEs are resorting to any subcontract work like build to print. However, OEMs and R&D organizations involving SMEs have been encouraging SMEs to be partners in R&D and innovations for product innovation to develop processes. While it is understood that R&D is engine for growth in this study. R&D expenses, product, and process impact on the performance of growth in sales and growth in profitability.

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Published

2022-12-20

Issue

Vol. 8 No. 11: IJERAT December-2022

Section

Articles

License

Copyright (c) 2022 Naveen S, Dr. C G Krishnadas Nair

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

An analysis of R&D Expenditure and Innovations (Product & Process) by SMEs and its impact on performance. (2022). International Journal of Engineering Research and Advanced Technology (ijerat) (E-ISSN 2454-6135) , 8(11), 9-16. https://doi.org/10.31695/IJERAT.2022.8.11.2