THE PERFORMANCE OF SME INNOVATION DETERMINED BY THE TECHNOLOGICAL CAPABILITY AND COLLABORATION

Abstract

So far, the present literature has not been able to fully explain the factors responsible for influencing the growth and development of the performance of new products as well as of the technological capacities within the Romanian SMEs. For this reason, following the evaluation of the existing literature, it was found that the poor performance of Romanian producing SMEs is attributed to their inability and inability to innovate. From this perspective, innovation is the specific function of the company's resources, along with technological capabilities. In conclusion, this study highlights and recommends in the abstract that product innovation performance and technological capabilities are significantly improved by involving other partners, most often gained through effective technological collaboration. Consequently, obtaining empirical validation of the model provides significant implications for all industry factors, policy makers, managers, owners and other stakeholders.

Keywords

• strategy
• technological collaboration
• smes
• technological capacity
• product innovation