The growth performance of SMEs has been analysed in terms of sales turnover,
investment, and employment. The growth performance has been analysed for all the
SMEs of each sector—for innovative and non-innovative SMEs separately and within the
innovative group of SMEs, for innovative SMEs which involved in new product and
process developments vis-à-vis those engaged in improvement of products and processes.
For measuring growth, we have clubbed all the SMEs together in each sector and we did
not separately identify growing ones from the rest. Further, when we looked at innovative
and non-innovative SMEs, we measured growth for the respective group of SMEs
together, without segregating growing ones from the rest. The same holds good for
further analysis in terms of (i) innovative SMEs, which have claimed to have developed
new products/processes and (ii) innovative SMEs, which have claimed to have only
improved products/processes. Thus we are interested in the growth performance of SMEs
belonging to the definite groups in terms of degrees of innovations.