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Stimulating competitiveness through technology transfer : a focus on micro-enterprise activity in construction
The role of globalisation and innovation in fostering continuous improvement for both the private and public sector has received increased emphasis within the last decade. The activities of microenterprises in stimulating and adoption of innovation, both as a practice and its nurturing within any ec...
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Main Authors: | , , , |
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Format: | Web Resource |
Language: | English |
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Online Access: | Request full text |
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Summary: | The role of globalisation and innovation in fostering continuous improvement for both the private
and public sector has received increased emphasis within the last decade. The activities of microenterprises
in stimulating and adoption of innovation, both as a practice and its nurturing within any
economy plays a key part in this respect. Innovation from any large organisation is often visible due to
its scope and impact. Similar developments by their smaller and micro- counterparts, however, have to
involve a critical mass of such organisations for its impact to be seen. This is particularly the case in
developing economies where organisations classified under small and micro-size, normally form part
of the informal sector or hidden economy. The mechanics by which innovation occurs within such
smaller and micro organisations and how it translates to the national economy is in many cases
therefore, not fully appreciated.
This paper sheds some light on the mechanics of innovation at the micro level by presenting how
technology transfer from a developed to a developing economy was employed to bring about
innovation among small and micro organisations that operate in construction and its related sectors. It
briefly describes innovation and technology transfer as it relates to the context of this paper and how
globalisation contributes to both factors. It discusses the mechanisms for the transfer of the
technology, and focuses on the aspects of innovation achieved through the impact of the technology
transfer. It also identifies some of the difficulties associated with stimulating innovation amo ng the
small and micro organisation within the construction sector. |
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