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Overcoming the Innovation Challenge: Examining the Determinants of New Product Innovation in Chinese SMEs

Chapter

Abstract

Since China began its opening-up and reform process over three decades ago the economic policies introduced by the government have led to a huge growth in the number of private small and medium-sized enterprises (SMEs) (Chen, Sun, Newman, & Xu, 2012). The SME sector has been a major driving force in the rapid development of the Chinese economy through contributions to innovation and productivity improvements (Newman, Gunessee, & Hilton, 2012). Presently, SMEs account for a significant proportion of economic activity and innovation output (Anderson, Li, Harrison, & Robson, 2003; Chen, 2006).

Keywords

Ordinary Little Square Product Innovation Bank Loan Innovation Output Tobit Regression 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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© Douglas Cumming, Michael Firth, Wenxuan Hou, and Edward Lee 2015

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