By Rogers Wanambwa
KIU, Main Campus – PhD candidate, Tukundane Benson, from the College of Economics and Management, offered a PhD defense, also known as a Viva Voce presentation, on the Innovation Practices and Growth of Small and Medium Entreprises in Greater Kampala Metropolitan Area, Uganda.
Tukundane’s PhD would be Kampala International University’s first in this particular programme and was achieved by three objectives that included determining the effect of research and development, new product development and information technology adoption on the growth of SMEs and GKMA.
Among the findings was that 18.7% of growth of SMEs was explained by research and development while 31.9% and 42.2% were explained by new product development and information technology adoption respectively.
Furthermore, an overall SME growth percentage of 46.8% was explained by innovation practices according to PhD candidate, Tukundane.
In conclusion, the researcher recommends that stakeholders should support SMEs in adoption and implementation of innovation practices to facilitate growth.
“Predominately, it is important for businesses to embrace information technology adoption in all their operations to propel their growth,” he said.