Justification of technology innovation implementation in Indian MSMEs using AHP

Small enterprises typically make a large contribution to manufacturing employment in poor countries. However, the developmental contribution of most of them is limited to generating subsistence employment of last resort. Hence, in the face of fast labour force growth and limited employment absorption in other sectors, developing country governments have mounted efforts to improve productivity and earnings in these firms. MSMEs constitute 80% of all enterprises globally. They contribute in providing job opportunities, act as supplier of goods and services to large organisations. MSMEs are defined by a number of factors and criteria, such as location, size, age, structure, organisation, number of employees, sales volume, worth of assets, ownership through development and technology. The present study explores the significant of various factors contributing towards manufacturing performance enhancement of small firms using analytical hierarchy process.