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Enhancing local SME innovation capabilities for economic growth in Malaysia

By encouraging the development of new goods, services, technology, and management practices within local small and medium enterprises (SMEs), innovation plays a critical role in improving business performance. This dynamic process entails the deployment of creative techniques that provide actual ben...

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Main Authors: Ahmad Firdaus Ahmad Zulkhairi, Lee Shu Qi, Nik Nur Ruzaini Razali, Nurin Atiqah Hanim Talhah
Format: Undergraduate Final Project Report
Language:English
Published: 2024
Online Access:http://discol.umk.edu.my/id/eprint/14023/1/SAK2.pdf
http://discol.umk.edu.my/id/eprint/14023/
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spelling my.umk.eprints.140232024-03-27T06:13:50Z http://discol.umk.edu.my/id/eprint/14023/ Enhancing local SME innovation capabilities for economic growth in Malaysia Ahmad Firdaus Ahmad Zulkhairi Lee Shu Qi Nik Nur Ruzaini Razali Nurin Atiqah Hanim Talhah By encouraging the development of new goods, services, technology, and management practices within local small and medium enterprises (SMEs), innovation plays a critical role in improving business performance. This dynamic process entails the deployment of creative techniques that provide actual benefits to SMEs, becoming a vital component for these firms' long-term success and resilience in the economic landscape. This study discusses the critical need to understand how SMEs in Malaysia foster and enhance their innovation capabilities in order to prosper in the arena of e-economics. The primary objective is to examine the existing status of innovation capabilities inside SMEs and identify the tactics used for continuous improvement. To accomplish this, we interviewed four selected SMEs—Zaras Bakery, Tokku Leko, Saudagar Kerepek, and White Hall—to learn about their diverse approaches to innovation. To elicit significant ideas from interviews, thematic analysis, a rigorous qualitative technique, was used. The study's findings shed light on the many tactics used by SMEs to execute and improve innovation, assuring their market presence and competitiveness. This study contributes to a better understanding of the dynamics of innovation in SMEs and gives practical insights for organizations attempting to navigate the changing terrain of e-economic growth. 2024-01-18 Undergraduate Final Project Report NonPeerReviewed text en http://discol.umk.edu.my/id/eprint/14023/1/SAK2.pdf Ahmad Firdaus Ahmad Zulkhairi and Lee Shu Qi and Nik Nur Ruzaini Razali and Nurin Atiqah Hanim Talhah (2024) Enhancing local SME innovation capabilities for economic growth in Malaysia. Final Year Project thesis, University Malaysia Kelantan. (Submitted)
institution Universiti Malaysia Kelantan
building Perpustakaan Universiti Malaysia Kelantan
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Kelantan
content_source UMK Institutional Repository
url_provider http://umkeprints.umk.edu.my/
language English
description By encouraging the development of new goods, services, technology, and management practices within local small and medium enterprises (SMEs), innovation plays a critical role in improving business performance. This dynamic process entails the deployment of creative techniques that provide actual benefits to SMEs, becoming a vital component for these firms' long-term success and resilience in the economic landscape. This study discusses the critical need to understand how SMEs in Malaysia foster and enhance their innovation capabilities in order to prosper in the arena of e-economics. The primary objective is to examine the existing status of innovation capabilities inside SMEs and identify the tactics used for continuous improvement. To accomplish this, we interviewed four selected SMEs—Zaras Bakery, Tokku Leko, Saudagar Kerepek, and White Hall—to learn about their diverse approaches to innovation. To elicit significant ideas from interviews, thematic analysis, a rigorous qualitative technique, was used. The study's findings shed light on the many tactics used by SMEs to execute and improve innovation, assuring their market presence and competitiveness. This study contributes to a better understanding of the dynamics of innovation in SMEs and gives practical insights for organizations attempting to navigate the changing terrain of e-economic growth.
format Undergraduate Final Project Report
author Ahmad Firdaus Ahmad Zulkhairi
Lee Shu Qi
Nik Nur Ruzaini Razali
Nurin Atiqah Hanim Talhah
spellingShingle Ahmad Firdaus Ahmad Zulkhairi
Lee Shu Qi
Nik Nur Ruzaini Razali
Nurin Atiqah Hanim Talhah
Enhancing local SME innovation capabilities for economic growth in Malaysia
author_facet Ahmad Firdaus Ahmad Zulkhairi
Lee Shu Qi
Nik Nur Ruzaini Razali
Nurin Atiqah Hanim Talhah
author_sort Ahmad Firdaus Ahmad Zulkhairi
title Enhancing local SME innovation capabilities for economic growth in Malaysia
title_short Enhancing local SME innovation capabilities for economic growth in Malaysia
title_full Enhancing local SME innovation capabilities for economic growth in Malaysia
title_fullStr Enhancing local SME innovation capabilities for economic growth in Malaysia
title_full_unstemmed Enhancing local SME innovation capabilities for economic growth in Malaysia
title_sort enhancing local sme innovation capabilities for economic growth in malaysia
publishDate 2024
url http://discol.umk.edu.my/id/eprint/14023/1/SAK2.pdf
http://discol.umk.edu.my/id/eprint/14023/
_version_ 1795019801310003200
score 13.211869

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