Facilitators and Barriers to Innovation Adoption: An Investigation
Dr. Savitha Nair, Associate Professor, GRG School of Management Studies, Coimbatore, (Tamil Nadu), India.
Manuscript received on February 05, 2017. | Revised Manuscript received on February 13, 2017. | Manuscript published on February 15, 2017. | PP: 25-30 | Volume-2 Issue-9, February 2017. | Retrieval Number: I0147022917
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© The Authors. Published By: Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Innovation is at the heart of competitive advantage of organizations. Firms, irrespective of their sizes, need to engage in continuous innovations to survive and succeed in the market place. This research measured the impact of pre- innovation adoption variables on the innovation adoption of the firms. The study was conducted at the knitwear manufacturing cluster of Tirupur district that operate in a highly competitive hosiery market. The final results indicated that the facilitators have positive influence on innovation adoption, while barriers negatively influence innovation adoption. The research establishes the need for a strong innovation climate within organizations, facilitated by leadership, which will drive innovations significantly.
Keywords: Innovation adoption, Facilitators, Barriers, SMEs, Knitwear cluster.