Hollywood, FL : American Academy of Business, Cambridge
The purpose of this study is to explore the ways in which innovative capital is used to upgrade innovative operations in small enterprises in Taiwan. Based on the literature and related research, the study extracts two related dimensions-Invisible Innovation and Visible Innovation-of innovative capital fit to the characteristics of small enterprises. In addition, the hierarchical framework of innovative capital evaluation for small enterprises is constructed based on the two dimensions and the factors under each. Fuzzy Analytic Hierarchy Process (FAHP) methodology is used to analyze the opinions collected from a sample expert in small enterprises in Taiwan. The results of the present study found that the most important innovative capital indices for small enterprises are "Innovative culture" (0.378), "Number of New Designs" (0.370), "Copyright and Brand" (0.193), "Number of New Customers" (0.029), "Number of R&D Workers" (0.018), and "Outer Tech Connection" (0.013). A discussion of the key research findings and some suggested directions for future research are provided.