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Featured Editorial

Innovation as a Driver of SMME Performance

By Kgati Mogashoa | April 2023

Any country's economic growth depends heavily on small, medium, and micro enterprises (SMMEs). However, maintaining performance remains a significant hurdle.

In a knowledge-based global economy, businesses must embrace "Innovation"—the industrial application of new products or techniques. Despite its significance, innovation remains a challenge in South Africa, specifically addressing socioeconomic issues like unemployment and inequality.

Reference:
Innovation as a driver of SMME performance in South Africa: a quantile regression approach. Emerald Discover 2023.