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Impact of Innovation and Government Support on the Business Performance of SMEs in Oman

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The Implementation of Smart Technologies for Business Success and Sustainability

Part of the book series: Studies in Systems, Decision and Control ((SSDC,volume 216))

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Abstract

This paper aims to draw attention to the impact of innovation and government support on the business performance of Small and Medium Enterprises (SMEs) in Oman. This conceptual paper was developed with a critical review of past studies, journal articles, conference proceedings and government websites that are relevant to the study and the targeted keywords. This conceptual paper aimed to analyze the constructs of innovation and government support that contribute to the business performance of SMEs. It was found based on the previous studies that innovation and government support have a significant effect on business performance and government support plays a key role in encouraging people to start SMEs. It was also found that government support mediates the relationship between innovation and the business performance of SMEs. This study concludes that the Government of Oman is supporting SMEs by providing financial support, technical support, marketing facilities and networking opportunities in addition to some initiatives to help SMEs to combat the effects of the Covid-19 Pandemic.

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Authors and Affiliations

  1. University of Technology and Applied Sciences, Ibri, Sultanate of Oman

    Ammani Ammal & Mohammed Al-Sakiti

Authors
  1. Ammani Ammal
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  2. Mohammed Al-Sakiti
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Corresponding author

Correspondence to Mohammed Al-Sakiti .

Editor information

Editors and Affiliations

  1. Ahlia University, Manama, Bahrain

    Allam Hamdan

  2. The University of Business and Technology, Jeddah, Saudi Arabia

    Haneen Mohammad Shoaib

  3. Northern Cyprus Campus, Middle East Technical University, Kalkanlı, Turkey

    Bahaaeddin Alareeni

  4. University College of Bahrain, Manama, Bahrain

    Reem Hamdan

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Ammal, A., Al-Sakiti, M. (2023). Impact of Innovation and Government Support on the Business Performance of SMEs in Oman. In: Hamdan, A., Shoaib, H.M., Alareeni, B., Hamdan, R. (eds) The Implementation of Smart Technologies for Business Success and Sustainability. Studies in Systems, Decision and Control, vol 216. Springer, Cham. https://doi.org/10.1007/978-3-031-10212-7_19

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