Towards the innovation of high-tech small-medium enterprises (SMEs): The interview approach

Wei Xue, Yijie Chen, Qianwen Xu, Victor Chang*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

With the fierce competition in the global market, the Chinese government pays more and more attention to the innovation of small-medium enterprises (SMEs), especially to the innovation activities of high-tech SMEs. The research concludes the model-factors influencing the innovation of SMEs, which is based on the past literature research and collect the primary information through the face to face interview. In this research, 50 employees from 10 SMEs around Suzhou, including 10 officers from the government, were interviewed. The research result indicated that the key factors influencing the innovation of SMEs are government incentive policies, entrepreneurship, competition, and demand from the market. And based on the research result, the paper constructs the SMEs innovation model (SIM), which would be used for further research.

Original languageEnglish
Pages (from-to)503-532
Number of pages30
JournalInternational Journal of Economics and Business Research
Volume21
Issue number4
DOIs
Publication statusPublished - 18 Apr 2021

Keywords

  • Economics in Suzhou
  • High-tech
  • Innovation
  • Interview approach
  • Small and medium-sized enterprises

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