An econometric study on the impact of innovation on the growth of small and medium-sized enterprises in Algeria (1999-2023)
Keywords:
Startups, Innovation, SME growth, ARDL modelAbstract
Innovation is at the heart of SMEs and as one of the driving factors of their economies, survival and growth, this paper aims to study the impact of innovation on the growth of SMEs in Algeria during the period 2022-2019, to contribute and add value to economic development, using the standard method The autoregressive model of lagged distributed lags (ARDL) was used to study the impact between variables, where we found a long-run relationship between the innovation index and the growth of SMEs. There is a positive relationship between them. The study concluded that innovation in SMEs must be embraced to preserve and grow the organizations and create added value in the Algerian economy.
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