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MANAGING TECHNOLOGY & INNOVATION IN SMALL AND MEDIUM ENTERPRISES
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Author(s):
GOURAV KUMAR
Vol - 4, Issue- 3 ,
Page(s) : 481 - 486
(2013 )
DOI : https://doi.org/10.32804/CASIRJ
Abstract
One of the essential foundations for creating a successful company over the long term is to identify technological trends from an early stage and to exploit the opportunities that new technologies offer for product innovations. Small and medium enterprises (SMEs) have been considered one of the ‘driving forces’
of modern economies due to their multifaceted contributions in terms of technological
innovations, employment generation, export promotion, etc. Of these, the ability of SMEs
to innovate assumes significance because innovation lends competitive edge to firms,
industries and ultimately, economies.
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