The SECRETS to Innovation (PART 1)

Undoubtedly the capability to innovate and to bring innovation successfully to the market is a crucial determinant of competitiveness today. While small and medium enterprises (SMEs) continue to be the backbone of the Mauritian economy contributing to nearly half of total employment and about 35% of Gross Value Added (GVA), technological innovations, unpredictable, rapidly customers’ requirements and the recent economic and financial crisis are putting SMEs under pressure to innovate and re-adjust their business strategies and planning.

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