#4688. Determinants of innovation and its impact on financial performance in South African family and non-family small and medium-sized enterprises

July 2026publication date
Proposal available till 22-05-2025
4 total number of authors per manuscript0 $

The title of the journal is available only for the authors who have already paid for
Journal’s subject area:
Business, Management and Accounting (all);
Strategy and Management;
Management of Technology and Innovation;
Places in the authors’ list:
place 1place 2place 3place 4
FreeFreeFreeFree
2350 $1200 $1050 $900 $
Contract №4688.1 Contract №4688.2 Contract №4688.3 Contract №4688.4
1 place - free (for sale)
2 place - free (for sale)
3 place - free (for sale)
4 place - free (for sale)

Abstract:
The importance of innovation for enterprises of all sizes is well documented. However, existing research is ambiguous, with several research gaps concerning the role and nature of innovation in the performance of family and non-family small and medium-sized enterprises (SMEs). The aim of the study was to identify the determinants of innovation output, the types of innovation that are commonly being utilised and the influence thereof on perceived financial performance. A total of 224 responses from family and non-family SMEs were analysed in the study. The statistical analysis included assessing the validity and reliability of the measuring instrument by using an exploratory factor analysis and Cronbach’s alpha coefficients, respectively. Inferential statistics included calculating the Pearson’s product moment correlations, a t-test, analysis of variance tests and multiple regression analyses. No differences were found concerning the innovation practices of family and non-family SMEs in this study. Innovation plays an important role in improving the financial performance of SMEs.
Keywords:
family enterprises; financial performance; innovation; innovation output; small and medium-sized enterprises

Contacts :
0