Development of a Model For Fostering Innovation Culture in Small Scale Autoparts Manufacturing Industry of Punjab

Abstract

Innovation is the key driver for sustainable growth of an organization. It is a dynamic newlineprocess of continual improvement. A strong innovative culture sets a conducive environment for innovation to strive and thrive. The present study is an attempt to analyze the status of Innovation Culture among Small Scale Autoparts Manufacturing Industry (SSAMI) of Punjab and to develop a model for fostering innovation culture in these organizations. The research newlinework has been carried out in four phases. The first phase comprised of an identification of determinants and assessment of innovative culture among small scale units. The second phase was targeted to study the role and contribution of various agencies in developing innovative culture. The third phase of the work was focused to quantify the status of newlineinnovation culture in each individual respondent organization as well as to assess the overall status among the autoparts manufacturing sector. This phase also included the analysis of national system of innovation and assessment of the impact of various elements of this system on innovativeness of the manufacturing industry. The fourth phase of research work newlinepresents the development of a model for which the qualitative modeling technique has been applied using factor loading analysis. The sample of the study consisted of 110 Small Scale Organizations engaged in the autoparts industry. Data was collected from primary as well as secondary sources. The findings of the present study indicated that 44% of the respondent organizations were engaged in processing unit; 42% in product manufacturing whereas 14% were service providers in the auto manufacturing sector. The organizations were also classified for their innovation capability.The study provides a valuable insight regarding existing status of innovation among small scale autoparts manufacturing industry of Punjab. The model developed in the study can be used for self-assessment of innovation culture in an organization.

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