Assessing the Technology and Innovation Used for Business Development by Albanian SME Cover Image

Assessing the Technology and Innovation Used for Business Development by Albanian SME
Assessing the Technology and Innovation Used for Business Development by Albanian SME

Author(s): Ismet Voka, Filipos Ruxho
Subject(s): National Economy, Business Economy / Management, Energy and Environmental Studies, Socio-Economic Research
Published by: Shtëpia botuese “UET Press”
Keywords: Innovation; information technology; Albanian SMEs; entrepreneurship;

Summary/Abstract: The purpose of this paper is to analyze the technology and innovation used for business development by Albanian SMEs. This paper investigates if Albanian companies use innovation or integrate technology components into their daily activities with the purpose of developing their business. The instrument used was a questionnaire of 50 items and the participants where Albanian organizations (N = 163) from different sectors of the economy. Data were analyzed using IBM SPSS Statistics 20. Findings show that the sales team of these companies uses computer systems on the ground to manage customerrelated business activities such as sales, billing, at a rate of 25.5% at a time when 74.5% of them do not use it purpose. The trade sector uses these systems the most (45.8%) followed by the Manufacturing sector (40%). Other data show that 95.1% of businesses think they have improved their products / services satisfactorily over the past 12 months, while only 4.9% of them do not think so. As far as product design / services are concerned, 40.5% choose to apply international standards, 37.4% of them think and create their own, while 19% of them use a mix of both methods.

  • Issue Year: 20/2021
  • Issue No: 2
  • Page Range: 107-115
  • Page Count: 9
  • Language: English