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What is Small and Medium-sized Enterprises (SME)

Sustainable and Responsible Entrepreneurship and Key Drivers of Performance
These are operational Small and Medium Enterprises.
Published in Chapter:
Enhanced Innovation Process as a Key Driver of Bakery Performance
Kafigi Jeje (Institute of Accountancy, Arusha, Tanzania), Vannie Naidoo (University of KwaZulu-Natal, South Africa), and Rahul Verma (Delhi University, India)
DOI: 10.4018/978-1-7998-7951-0.ch013
Abstract
Small and medium-sized enterprises (SME) in the food sector play a pivotal role in contributing to the developing county's economy. In order to improve a small and medium-sized enterprises (SME), one key driver is innovation, and for innovation initiatives to grow and succeed, they depend largely on the leadership and the innovation capabilities of the firm. This chapter will shed more light on the impact of the enhanced innovation process on the performance of small and medium-sized enterprise (SME) bakeries. A qualitative study was conducted on 186 registered bakery owners/managers of bakeries. The results indicated that the relationship between enhanced innovation process and output level in small and medium-sized enterprises (SME) bakeries are significant. It has been revealed that the workforce's professional behaviour, the acquired competency through training, and the rewarding systems moderate the relationship between enhanced innovation process and output level in small and medium-sized enterprise (SME) bakeries.
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More Results
Challenges for Adoption of e-Procurement: An SME Perspective
Micro, Small- and Medium-sized Enterprises (SME) are defined as “enterprises which employ fewer than 250 persons and which have an annual turnover not exceeding 50 million euro, and/or an annual balance sheet total not exceeding 43 million euro”.
Full Text Chapter Download: US $37.50 Add to Cart
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