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CLUSTER-ORIENTED STRATEGY FOR SMALL AND MEDIUM ENTERPRISE INNOVATION PERFORMANCE

Komlan Gbongli, Peng Yi and Owusu Ackah
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Komlan Gbongli: University of Electronic Science and Technology of China
Peng Yi: University of Electronic Science and Technology of China
Owusu Ackah: University of Electronic Science and Technology of China

Enterprise Theory and Practice Doctoral School (ETPDS) Working Papers from Faculty of Economics, University of Miskolc

Abstract: Industrial clusters over the years has being the engine for growth in most economies accounting for most of national manufacturing sector. This sector turns to be the source of innovation and competitive advantage. It is further responsible for the establishing of new startups and social poverty alleviation in most countries especially in South East Asia but this happens not to be the case in sub-Saharan Africa. Indigenous cluster turns to be less innovative as compared with others in developing countries such as China and others. Therefore this study examines the current state of innovation capabilities of SME cluster and propose a conceptual framework that can aid in how information and technology is diffused. It further investigate the influence of both interaction of various stakeholders and the clustering environment on innovation performance. In addition this study provides a platform for government and major stakeholders to implement and evaluate cluster strategy.

Date: 2015-10-15
New Economics Papers: this item is included in nep-cna, nep-cse, nep-ino and nep-sea
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Published in Challenges in economic and technological development - Conference Proceedings, 15-16 October 2015, ISBN 978-963-358-100-1, University of Miskolc

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