European Journal of Sustainable Development
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Technological Innovation of Small and Medium Enterprises in Kosovo: Challenges and Barriers |
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Kastrati, Valon |
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The ability to innovate, is the main challenge in the fast changing global markets, to maintain a stable economic development in the long term. The ICT can carry strategic incentives to adjust the economic structure and to modify the economic model of a country. This process can build a resource-saving and a environmentally friendly society. The technological innovation can improve the international competitiveness of the economy and the overall employment rate of young generations. The rapid development of SMEs has become a major force to support economic growth of Kosovo. However, small and medium enterprises in transitional economies are not always trusting technological innovation. Several businesses due to multiple internal and external environmental factors, show a low level of confidence over technological innovation. In fact, from an internal point of view, the management can be afraid of security issues, like leak of strategic information, or moreover company secrets. The typical example can be the reluctance to adopt cloud technology platforms to improve the management tasks and operations. Meanwhile the external threat can be an overturn of the management style that threatens positions and hierarchy within the organization.This paper aims to analyze some key factors that prevent the spread of technological enhancement in small and medium enterprises in Kosovo.Some typical case studies will be analyzed and further policy recommendations will be suggested. Keywords: SME, ICT, confidence, success, transition economy. |
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European Center of Sustainable Development |
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2015-10-02 |
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info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
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application/pdf |
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https://ecsdev.org/ojs/index.php/ejsd/article/view/294 10.14207/ejsd.2015.v4n3p145 |
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European Journal of Sustainable Development; Vol 4, No 3; 145-150 2239-6101 2239-5938 |
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eng |
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https://ecsdev.org/ojs/index.php/ejsd/article/view/294/286 |
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This work is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License.Authors of articles published in the European Journal of Sustainable Development retain copyright on their articles. Authors are therefore free to disseminate and re-publish their articles, subject to any requirements of third-party copyright owners and subject to the original publication being fully cited. The ability to copy, download, forward or otherwise distribute any materials is always subject to any copyright notices displayed. Copyright notices must be displayed prominently and may not be obliterated, deleted or hidden, totally or partially. |
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