Role of innovation in improving the performance of SMEs in Cameroon
This research examines whether the types of innovation practiced in Small and Medium Enterprises (SMEs) in Cameroon significantly influence their financial performance. Data were collected on a sample of 170 SMEs operating in Cameroon. The results of the estimation of a logit model reveal that inno...
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| Auteurs principaux: | , , , |
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| Format: | Article ou chapitre numérique |
| Sprog: | Français |
| Udgivet: |
2021
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| Online adgang: | Accès Université d'Orléans et IFPM Accès Université d'Orléans et IFPM |
| Summary: | This research examines whether the types of innovation practiced in Small and Medium Enterprises (SMEs) in Cameroon significantly influence their financial performance. Data were collected on a sample of 170 SMEs operating in Cameroon. The results of the estimation of a logit model reveal that innovation activities significantly influence the financial performance of SMEs. On the one hand, the chances for a SME in the sample to increase its financial profitability increases when it implements organizational, product, process, and technological innovations. On the other hand, the probability that a SME’s chances create value decreases when it applies to patents or certification from organizations. This is because the certification process involves enormous costs for SMEs.
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