Perspectives of Innovations, Economics and Business

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Volume 13
Issue 2
Online publication date 2013-07-16
Title Innovation in the Canadian textile industry
Author Sona Kollarova, Ajax Persaud
Abstract This paper provides a descriptive analysis of the innovation and business strategies of Canadian textile firms. The results show that the textile industry is in a state of decline due mainly to competitive pressures resulting from economic and regulatory changes. The results also show that while the industry recognizes the need for innovation, the current strategies and practices do not seem to be aligned to their strategic goals of fostering innovation.
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Keywords Innovation, textile industry, manufacturing, innovation activities, business strategy
Pages 32-48
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