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Innovation and firm performance in South African manufacturing and services businesses

Year: 2025

Type: article

Abstract: Ever since the German political economist Joseph Schumpeter highlighted the importance of innovation in economic development in 1934, innovation has been widely regarded as the key factor influencing firm performance. In fact, many firms seek ways to achieve greater profits and productivity through different types of innovation. As global market competition and constantly changing technologies continue to erode the value-add of existing products and services, firms need to find new ways to keep up with the market.

Source: Human Science Research Council SA

DOI: 10.14749/30830759

Author: Human Sciences Research Council

Language: English

Topic: Firm Innovation and Growth

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: green

Funder: Human Sciences Research Council

OpenAlex ID: W7111290103

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