Abstract—Worldwide SMEs have been accepted as the engine of economic growth for promoting equitable development. SMEs play a pivotal role in the overall industrial economy of the country. The liberalization of Indian economy has opened now opportunities for SME sector. SMEs are moving to implement technology management practices to sustain in the global economy. The study focus on current technology management practices in Small and Medium Enterprises of selected food processing enterprises in the state of Andhra Pradesh in India. An Integrated model for Technology Management Practice model has been developed which influence the brand image and business growth to influence to improve business performance. A purposive sample (N = 141) of small and medium sized food processing enterprises were surveyed by administering a questionnaire to the enterprise owners or chief executive officers/managers The challenges being faced by the SMEs in the completive environment have been highlighted.
Index Terms—MOT, SME, food processing enterprise,intellectual property rights.
J. Krishnaiah is with the Andhra Pradesh State Financial Corporation,Hyderabad, India (e-mail:email@example.com).
B. R. shekhar is with the School of Management Studies, University of Hyderabad, Hyderabad, India (e-mail:firstname.lastname@example.org).
Cite: J. Krishnaiah and B. Rajashekhar, "Trends in Management of Technology (MOT) Practices in Small and Medium Enterprises (SMEs) in India: A Study of Select Food Processing Enterprises," International Journal of Innovation, Management and Technology vol. 3, no. 4, pp. 374 -377 , 2012.