Meaning ● SMB Innovation Capacity reflects a business’s potential to generate and implement new ideas, processes, or products that boost growth, enhance operational efficiency through automation, and successfully integrate new technologies. Essentially, it’s the measure of an SMB’s agility and ability to adapt and create value in response to market changes and technological advancements. This goes beyond simple creativity; it encompasses the strategic allocation of resources, the cultivation of a supportive organizational culture, and the implementation of systems that facilitate the conversion of ideas into tangible business results.
