Barriers to innovation activities as determinants of ongoing activities or abandoned.

What is it about?

This paper analyses barriers as a determinant of ongoing or abandoned innovation activities. The literature exploits barriers as the nature of innovation and its influence on firm’s. The main focus is the Portuguese SMEs and the impact that barriers as in the development of innovation activities. There are several sources of information that are associated with the development of innovation projects. The importance of barriers to the development of innovation activities was noted, as well as being a decisive factor in the impediment to and abandon of the same. This study also demonstrated that each case is different and that a barrier in one firm can at the same time be a window of opportunity in another firm.

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Why is it important?

We strongly believe the contribution of this study is important because this paper provides important insights on the Barriers as a determinant of ongoing or abandonment activities. The results provide empirical evidence that companies abandon their projects particularly for two reasons: Lack of funds within your enterprise or group and innovation costs too high. As the factors causing companies retaining their ongoing activities are innovation costs too high, the uncertain demand for innovative goods or services, difficulties in finding cooperation partners for innovation, lack of qualified personnel, a lack of information on markets and the lack of funds within your enterprise or group. Because there are no known earlier works examining the object of study presented in this research, especially in the Portuguese market, also because of the importance and weight of SMEs in the Portuguese economy, this material as an important impact in the analyses of Barriers.

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