Overcoming the Innovation Challenge: Examining the Determinants of New Product Innovation in Chinese SMEs

Alexander Newman, Yanyan Gao and Jianghuai Zheng ()

Chapter Chapter Two in Developments in Chinese Entrepreneurship, 2015, pp 33-57 from Palgrave Macmillan

Abstract: Abstract Since China began its opening-up and reform process over three decades ago the economic policies introduced by the government have led to a huge growth in the number of private small and medium-sized enterprises (SMEs) (Chen, Sun, Newman, & Xu, 2012). The SME sector has been a major driving force in the rapid development of the Chinese economy through contributions to innovation and productivity improvements (Newman, Gunessee, & Hilton, 2012). Presently, SMEs account for a significant proportion of economic activity and innovation output (Anderson, Li, Harrison, & Robson, 2003; Chen, 2006).

Keywords: Ordinary Little Square; Product Innovation; Bank Loan; Innovation Output; Tobit Regression (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-41250-8_2

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DOI: 10.1057/9781137412508_2

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