Technological Capability, Innovativeness and the Performance of Manufacturing Small and Medium Enterprises (SMEs) in Developing Economies of Africa
Journal Title: IOSR journal of Business and Management - Year 2019, Vol 21, Issue 1
Abstract
The contemporary strategic management framework is unable to fully address the questions concerning the role of technological capability in a complex competitive and dynamic environment. Consequently, howmanufacturing SMEs firms can effectively develop technological capability (TC) to rapidly react to the dynamic and turbulence operating environment to achieve and maintain better competitive advantage becomes imperatives. The aims of this paper is to elaborate the above-mentioned subjects and put forward a framework that conceptually focused on the development of technological capability that support developing economies business firm’s innovativeness in the rapidly changing market environments to survive and sustain competitiveness.To explore the relationships exist between the constructs and put forward a conceptual framework, a systematic evaluation of the available existing literature from both theoretical and empirical studies has been made.Consequently, the study establishedtheoretically how technological capability help firms develop a novel ideas that promote and enhance innovativeness to efficiently respond to dynamic environment. The study also demonstrated the need forempirical examination of the role TC on SMEs innovativeness to improve performance.
Authors and Affiliations
Yakubu Salisu, Lily Julienti Abu Bakar
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