15
Table 2: Barrier and limitation factors: ranking according to the mean scores of the level of importance in the Hi-tech Industry
|
Barrier and limitation factors to innovation |
Rank |
Mean |
S.D |
% of firms indicating the limitation |
Mann-Whitney Test | |||
|
Total |
Firms in |
Firms in |
U |
Z | ||||
|
Excessive perceived risk____________________ |
1 |
3.51 |
1.22 |
57.0 |
60.7 |
48.0 |
687.0 |
-0.745 |
|
Lack of sufficient financial resources__________ |
2 |
3.49 |
1.47 |
62.8 |
67.2 |
52.0 |
720.5 |
-0.414 |
|
Prohibitive costs_______________________________ |
3 |
3.20 |
1.26 |
48.9 |
50.8 |
44.0 |
746.0 |
-0.162 |
|
Lack of skilled personnel_____________________ |
4 |
3.00 |
1.36 |
41.8 |
41.0 |
44.0 |
677.0 |
-0.832 |
|
Long return on investment___________________ |
5 |
2.98 |
1.30 |
39.5 |
41.0 |
36.0 |
733.0 |
-0.287 |
|
Uncertainty in timing of innovation_____________ |
6 |
2.40 |
1.40 |
31.0 |
30.0 |
33.3 |
704.5 |
-1.610 |
|
Lack of market consumption________________ |
7 |
2.29 |
1.59 |
27.9 |
29.5 |
24.0 |
750.5 |
-0.125 |
|
Lack of information on market opportunity |
8 |
2.29 |
1.29 |
24.5 |
32.8 |
4.0 |
480.5 |
-2.795* |
|
Lack of technological knowledge_____________ |
9 |
2.26 |
1.27 |
20.9 |
19.7 |
24.0 |
739.0 |
-0.233 |
|
Lack of opportunities for cooperation with |
10 |
1.92 |
1.25 |
12.8 |
16.4 |
4.0 |
670.0 |
-0.960 |
|
Lack of technological opportunities___________ |
11 |
1.84 |
1.27 |
16.3 |
21.4 ' |
4.0 ' |
69.5 |
-0.687 |
|
Lack of R&D services______________________ |
12 |
1.81 |
1.17 |
11.7 |
8.2 |
20.0 |
627.5 |
-1.440 |
|
Innovation control difficulties___________________ |
13 |
1.72 |
0.99 |
5.9 |
8.2 |
0.0 |
723.5 |
-0.417 |
|
Resistance to change in the enterprise_______ |
14 |
1.66 |
1.07 |
9.3 |
8.2 |
12.0 |
647.5 |
-1.290 |
|
Legislation, norms, regulations, standards, |
15 |
1.63 |
1.09 |
9.3 |
9.8 |
8.0 |
731.5 |
-0.364 |
|
Deficiencies in the availability of external |
16 |
1.53 |
0.86 |
5.8 |
66 |
40 |
669.5 |
-1.048 |
|
No need to innovate due to earlier innovations |
17 |
1.29 |
0.75 |
2.4 |
4.9 ' |
4.0 ' |
591.0 |
-2.539* |
Total number of observation 86. Number of observation in metropolitan area = 61, in periphery = 25.
* Significant at the 5% level. ** Significant at the 10% level.