The role of government, universities, and businesses in advancing technology for SMEs' innovativeness

Abstract

Knowledge and technologies play an essential part in this rapid-response capability, by maintaining opportunities for continuous improvement and innovation needed in the development of sustainable competitive advantage. However, the low capability of SMEs to provide the required resources is a barrier to the in-house technology development. Consequently, external resources such as government, businesses, and universities, to support their performance in developing technological capabilities utilize so-called 'knowledge and technology transfer' programs, which are needed as a shortcut to improve technological process innovation. This study provides theoretical and empirical support for the ro..