Modelling of Barriers to Innovation for SMEs of Developing Countries Using ISM Approach

Abstract: For the growth of the country it is important to identify the factor which is responsible. In our study on innovation we found out eight barriers of innovation for SMEs which are modelled using ISM approach. In our result customer response and corruption was top rated barrier. While Taxation was bottom rated barrier further these factors were classified on their driving power and dependency power.

Keywords: Innovation, barriers, ISM, Modeling, SMEs etc.