Intellectual Property and Performance of Small and of Medium Enterprises in Dar es Salaam, Tanzania
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Mzumbe University
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A Dissertation Submitted in Partial Fulfillment of the Requirements for Award
of the Master of Business Administration in Corporate Management
(MBA-CM) of Mzumbe University
In developing nations like Tanzania understanding on the significant of Intellectual property rights in performance of SMEs is exceptionally low whereby a large portion of enterprises fail within their five years of existence. The study aimed at assessing the role of intellectual property rights on the development Small and medium Enterprises in Tanzania. Specifically, the study aimed to determine the extent to which SMEs in Tanzania own Intellectual Property Rights, to explore the profile of SMEs that own Intellectual Property Rights in Tanzania and to examine the influence of intellectual property Rights in SMEs performance in Tanzania. The study used various theories to guide the study; theories such as resource based theory, Property Right Theory, the Balanced Scorecard (BSC) and the theory of innovation. Variables like copyright, patent right, trademarks and designing developed from the theoretical framework and empirical studies were used to determine the SMEs performance The study adopted a cross-sectional survey design and used a simple random sampling to get a sample size of 99 SMEs owners; data obtained from primary and secondary source and questionnaires, interview and documentary reviews methods were used to collect data. Data collected was analyzed descriptively using Statistical Package for Social Science (SPSS). The study found that; the use of intellectual property rights result in increased of SMEs investment and productivity. Additionally, formal rights allow property to be used as collateral against credit while and Intellectual property rights enable resources to be put to more productive uses. The results also show that the average business sales turnover at the year has increased by 8 percent to the SMEs with Intellectual Property Rights. The study concluded that secure property rights are significant for guarantee-based money at full scale level. In the light of the above findings, the study recommends that, the government should set up a policy framework to enable SMEs exploit the potential advantages of IPRs in order to enhance their financial performance. The study further recommends that the policy should be supplemented by the IPRs laws with measures such as establishing procompetition IPRs standards, ensuring that the market environment is competitive, developing complementary competition policies and developing internal capacity to create, absorb and use IPRs
In developing nations like Tanzania understanding on the significant of Intellectual property rights in performance of SMEs is exceptionally low whereby a large portion of enterprises fail within their five years of existence. The study aimed at assessing the role of intellectual property rights on the development Small and medium Enterprises in Tanzania. Specifically, the study aimed to determine the extent to which SMEs in Tanzania own Intellectual Property Rights, to explore the profile of SMEs that own Intellectual Property Rights in Tanzania and to examine the influence of intellectual property Rights in SMEs performance in Tanzania. The study used various theories to guide the study; theories such as resource based theory, Property Right Theory, the Balanced Scorecard (BSC) and the theory of innovation. Variables like copyright, patent right, trademarks and designing developed from the theoretical framework and empirical studies were used to determine the SMEs performance The study adopted a cross-sectional survey design and used a simple random sampling to get a sample size of 99 SMEs owners; data obtained from primary and secondary source and questionnaires, interview and documentary reviews methods were used to collect data. Data collected was analyzed descriptively using Statistical Package for Social Science (SPSS). The study found that; the use of intellectual property rights result in increased of SMEs investment and productivity. Additionally, formal rights allow property to be used as collateral against credit while and Intellectual property rights enable resources to be put to more productive uses. The results also show that the average business sales turnover at the year has increased by 8 percent to the SMEs with Intellectual Property Rights. The study concluded that secure property rights are significant for guarantee-based money at full scale level. In the light of the above findings, the study recommends that, the government should set up a policy framework to enable SMEs exploit the potential advantages of IPRs in order to enhance their financial performance. The study further recommends that the policy should be supplemented by the IPRs laws with measures such as establishing procompetition IPRs standards, ensuring that the market environment is competitive, developing complementary competition policies and developing internal capacity to create, absorb and use IPRs
Keywords
Developing nations - Tanzania, Intellectual property rights