Abstract:
The prime aim of this research study is to identify the impact of Technological
Innovation (Technopreneurship) on the Small Enterprises (SEs) Growth. The
study primarily contemplates on four types of Technological Innovation based
on Machine Technology, Computerized Operations, Mobile Technologies and
Other Communication Media Technologies of Coir SEs in Puttalam district of
Sri Lanka. Primary data is collected from a sample of 100 which is drawn from
the total population of 133 Coir SEs through the application of Simple
Random sampling. An Ordered Logistic regression analysis is used as per the
Inferential (Multivariate) Statistical analysis. Results depict, the growth of
these four types of technologies based Innovation (Technopreneurship) lead
for Enterprise Growth. Moreover explains that higher (up to date) the extents
of these technologies, higher the positive contribution for Technological
Innovation performance. Inadequate finance, lack of the knowledge are
identified as the main reasons for the lower orientation of Coir SEs on
Technology based Innovation performance. To promote technology based
more value addition Coir SEs in Sri Lanka, emphasis on ‘Technopreneurship’
is essential where there is a requirement of Coir Industry and SEs category
aspects specific Business Incubator (BI) model in Sri Lanka.