In view of the limited previous researches and the analysis of the result generated through this study, there is a significant association between innovation performance and the obstacles of innovation the firm may face. This study find an evidence that the obstacles are hampering the innovation in different levels, considering the different types of innovation that was assessed in this study, the cost factor (includes lack of funds and lack of finance from outside the firm and the  high innovation cost) is the factor with the greatest negative impact on the product and process innovation as well as the organizational and marketing innovation, followed by the demand factor which was reflected by the weak competition and uncertainty and impact of the prior innovation. On the other hand the knowledge factor had a positive impact in number of firm focusing on organizational and marketing innovation which were able to overcome it and address it.

Conference Title

The 25th Annual RESER Conference,”Innovative Services in the 21st Century, Copenhagen, Denmark, 9-12 September, 2015.

Conference Country

Denmark

Conference Date

Sept. 9, 2015 - Sept. 9, 2015

Conference Sponsor

RESER