16
Table 3: Barrier and limitation factors: ranking according to the mean scores of the level of importance in the Traditional 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 | ||||
Prohibitive costs_______________________________ |
1 |
3.08 |
1.37 |
44.8 |
50.0 |
39.7 |
1735.0 |
-1.101 |
excessive perceived risk_____________________ |
2 |
3.02 |
1.47 |
40.8 |
37.1 |
44.4 |
1742.5 |
-1.063 |
Lack of suffcient financial resources__________ |
3 |
2.98 |
1.55 |
42.4 |
46.8 |
38.1 |
1860.0 |
-0.470 |
Long return on investment___________________ |
4 |
2.96 |
1.35 |
37.6 |
42.0 |
33.3 |
1733.5 |
-1.109 |
lack of skilled personnel_______________________ |
5 |
2.87 |
1.38 |
37.1 |
31.1 |
42.9 |
1516.0 |
-2.075* |
Lack of information on market opportunity |
6 |
2.31 |
1.28 |
18.6 |
19.7 |
17.4 |
1914.5 |
-0.036 |
Lack of technological knowledge_____________ |
7 |
2.10 |
1.14 |
13.6 |
11.3 |
15.9 |
1742.5 |
-1.090 |
Lack of market consumption________________ |
8 |
2.06 |
1.24 |
14.9 |
21.3 |
12.7 |
1575.5 |
-1.850** |
Uncertainty in timing of innovation_____________ |
9 |
2.04 |
1.19 |
10.5 |
13.1 |
8.0 |
1886.0 |
-0.188 |
Lack of opportunities for cooperation with |
10 |
1.97 |
1.08 |
11.4 |
15.0 |
7.9 |
1862.5 |
-0.148 |
Lack of R&D services______________________ |
11 |
1.93 |
1.18 |
13.6 |
14.6 ' |
12.7 ' |
1656.0 |
-1.589 |
Innovation control difficulties___________________ |
12 |
1.87 |
1.07 |
10.5 |
8.2 |
12.7 |
1747.5 |
-0.939 |
Legislation, norms, regulations, standards, |
13 |
1.80 |
1.26 |
12.9 |
18.0 |
7.9 |
1575.0 |
-2.004* |
Deficiencies in the availability of external |
14 |
1.71 |
0.97 |
6.4 |
3.2 |
9.5 |
1494.0 |
-2.391* |
Lack of technological opportunities___________ |
15 |
1.70 |
1.07 |
10.5 |
6.5 ' |
14.3 ' |
1845.5 |
-0.438 |
Resistance to change in the enterprise_______ |
16 |
1.65 |
1.03 |
8.9 |
3.3 |
14.3 |
1368.5 |
-3.210* |
No need to innovate due to earlier innovations |
17 |
1.47 |
0.85 |
4.0 |
6.5 |
11.1 |
1913.5 |
-0.500 |
Total number of observation 125. Number of observation in metropolitan area = 62, in periphery = 63.
* Significant at the 5% level. ** Significant at the 10% level.