Challenges and Benefits of SMEs in Bangladesh to Adopt Open Innovation

By • on May 11, 2020

The Global Scientific Journal website reported on a study which examines the challenges and benefits of SMEs in Bangladesh to adopt open innovation. The study revealed that challenges of SMEs have significant effects on open innovation. The study also revealed that the independent variable “lacking nformation” had the highest beta score than the other variables, which is a major barrier to open innovation adoption in the small and medium enterprises of Bangladesh. It was concluded that, 74.9% of the total variation in the open innovation data is explained by challenges faced by SMEs.

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