Abstract
The Micro, Small and Medium Enterprises (MSME ) sector is one of the most vibrant sectors of growing economies like India . The MSMEs can play a crucial role in employment, globalization , and can be very effective in the Global Value Chain (GVC) owing to their entrepreneurial and innovation driven growth. India’s MSME sector has been facing stiff competition from large industry houses and global players. In this dynamically changing environment, it is important to work out and implement an effective growth and consolidation plan, through structured research. TRIZ is the Russian acronym for the “Theory of Inventive Problem Solving” is an analytical approach for innovative problem solving which has been applied in a variety of spheres related to management and technology. This chapter focuses on deriving the factors and solutions which are significant for strengthening the MSME clusters in India through a TRIZ -based approach. The authors have chosen to apply the TRIZ methodology in the context of the Electronic Goods sector in India . This can be suitably tailored to focus toward other sectors following the approach suggested by the authors of this chapter.
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Shrotriya, S., Dhir, S. (2018). MSME Competitiveness for the Global Value Chain—A TRIZ-Based Approach. In: Connell, J., Agarwal, R., Sushil, Dhir, S. (eds) Global Value Chains, Flexibility and Sustainability. Flexible Systems Management. Springer, Singapore. https://doi.org/10.1007/978-981-10-8929-9_3
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