All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC

 
Philippe Jean-Amans, Harouna Wassongma and François Seck Fall
 
''Determinants of innovation in small- and medium-sized enterprises in Senegal''
( 2023, Vol. 43 No.2 )
 
 
For small and medium-sized enterprises (SMEs), innovation is an essential element of survival, particularly in the current context in which globalisation and the development of new technologies are increasing the competitive pressures on firms. For this reason, analyses of the factors that determine innovation are of paramount importance. However, research regarding this issue is crucially lacking, specifically in West Africa and Senegal. Nevertheless, SMEs are an essential component of production in these contexts and have a major role in economic growth. The purpose of this article is to investigate the factors that motivate innovation within SMEs in Senegal. From the OECD perspective, we examine four dimensions of innovation: product innovation, market innovation, process innovation and organisational innovation. Using a sample of 1107 Senegalese SMEs surveyed in 2007 and 2014, we estimate a logistic econometric model to explain innovation referencing certain firm and manager characteristics. To our knowledge, this study is one of the few empirical works regarding the determinants of innovation among SMEs in Senegal and West Africa. The results demonstrate that innovation among SMEs is influenced by several firm characteristics and that this influence varies according to the type of innovation. R&D, export sales, region of operation and competition are the most significant determinants of innovation for Senegalese SMEs.
 
 
Keywords: SMEs, product innovation, market innovation, process innovation, organisational innovation, Determinants, Senegal
JEL: L2 - Firm Objectives, Organization, and Behavior: General
O3 - Technological Change; Research and Development: General
 
Manuscript Received : Mar 17 2023 Manuscript Accepted : Jun 30 2023

  This abstract has been downloaded 66 times                The Full PDF of this paper has been downloaded 153784 times