China's SMEs Revolutionize Economy Through Total Innovation Management Strategy
Innovation is crucial for economic growth, especially in countries like China. Small and medium-sized enterprises (SMEs) play a big role in China's economy. A study looked at how SMEs in China can improve their innovation capability using Total Innovation Management (TIM). This approach involves using different types of innovation like strategy, technology, marketing, and more to boost innovation. The study found that leveraging innovation capability can help SMEs in China succeed and compete effectively.