Small Medium-Sized Entreprises in United Kingdom

 

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Small Medium-Sized Entreprises in United Kingdom

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Small Medium-Sized Entreprises in United Kingdom
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Table of Contents
2.0 Chapter 2: Literature Review    1
2.1    Definition of Innovation    1
2.2 Innovation In SMEs versus large Firms    3
2.3 Entrepreneurship and Innovation    4
2.4 Impact of innovation    6
2.5 Innovation and Export in UK    8
2.6 Determinants of Innovation    11
2.7 Firm Characteristics    12
2.7.1 OWNER    13
2.7.2 Size and Age of Organization    14
2.7.3 Technological Factors    15
2.8 Entrepreneurship skills and innovation    16
2.9 Significance of entrepreneurship skills    16
3.0 Chapter three: Methodology    18
3.1 Research Approach and Research Type    18
3.1.1 Research Type    18
3.1.2 Research Approach    18
3.2 Sampling Procedures    19
3.2.1 Sampling Design    19
3.2.2 Population of study    20
3.2.3 Sampling unit    20
3.2.4 Sampling frame    20
3.2.5 Sample size    20
3.3 Types of data    20
3.3.1 Primary data    20
3.3.2 Secondary data    21
3.4 Data collection technique    21
3.4.1 Qualitative and Quantitative techniques    21
3.4.2 Questionnaire    22
3.5 Data Analysis    22
3.6 Ethical Consideration    23
3.7 Reliability and validity of the study    23
3.8 Research Work Plan    23
3.9 Research Expenses    24
The research budget had adequate amount of fund for the entire period of study as follows:    24
Small Medium-Sized Entreprises in United Kingdom
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2.0 Chapter 2: Literature Review
2.1    Definition of Innovation

Small Medium-Sized Entreprises in United Kingdom

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There is no doubt about the fact that over the year’s scholars have been attracted to the field of innovation and so far there has been extensive research on the various topics of innovation, like acceptance of innovation, supervision of innovation, and extent of innovation (Dutz, 2012). The dictionary definition of innovation has mostly focused upon the successive refinement and development of inventions, which can be transformed into usable techniques, and products, which can be deemed worthy to be launched within a given market (De Brentani, 2001). However, there is a fair amount of disagreement about the definition of innovation among scholars and the same can be attributed to the heterogeneity of sources along with innovation outcomes (Goffin & New, 2001). Furthermore, a distinction has also been made in terms of innovation and research and development where R & D have been shown to be committed to resources required for research along with refinement of various ideas focused at developing commercially feasible products and processes (De Brentani, 2001). On the other hand, innovation concerns itself with subsequent processes and products. From this differentiation, the following linear model of innovation process can be formed –

Small Medium-Sized Entreprises in United Kingdom

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