Abstract
Micro-enterprises are critical to the national economy in many countries, although they have many limitations. Therefore, governments have proposed many policies and programs to generate and enhance micro-enterprises’ growth to assure national economies’ growth and sustainability. This study evolves an index to evaluate growth in science and technological innovation among micro-enterprises that participated in collaborative innovation through a counselling program. The results not only define growth indicators through a literature review but also examine evidence of growth among 10 micro-enterprises through interviewing subjects located in various regions in Taiwan and related to different industries. This study uses multiple case study methods and data statistics to verify growth indicators; this reveals that micro-enterprises focusing on collaborative technological innovation demonstrated an increasing trend toward this study’s chosen growth indicators in a majority of cases. According to the survey results, nine indicators lead to positive growth. Finally, after establishing growth assessment indicators, the data collected from an empirical investigation proves the indicators’ credibility. The study then discusses the chosen cases’ experiences with growth and presents managerial implications.
Highlights
Micro-enterprises significantly contribute to the labour force in many developed and developing countries [1,2,3]
Scientific and technological innovation can fully increase micro-enterprises’ operational flexibility, and sharing their resources and knowledge will allow them to overcome their limitations in these areas
In addition to the cooperation among cluster members, corporate cooperation occurs through group referrals
Summary
Micro-enterprises significantly contribute to the labour force in many developed and developing countries [1,2,3]. They are critical to national economic strategies, as they support industrial and economic development to drive and maintain long-term economic growth. Despite their contribution to national economies and industries, micro-enterprises encounter increasingly uncertain and severely competitive markets. Technological innovation gives micro-enterprises a competitive advantage to survive in business competition, in the general economy these businesses hardly can compete with larger organisations based solely on their knowledge and value [6]
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