“…ICs can play a significant role in achieving competitive advantage for the firm (Agyapong et al, 2018) because, according to the perspective of resource based theory, these capabilities can change the working abilities of the firms and enable them to improve their overall work settings, quality and standards to survive in a business environment (Lawson and Samson, 2001;Acquaah and Agyapong, 2015). Therefore, IC is often studied with other related concepts such as innovation capacity (Agyapong et al, 2018), frugal innovation (Dost et al, 2019), competitive innovation (Saba et al, 2016) and innovativeness (Kalyar et al, 2019). SMEs of emerging markets can only get a competitive advantage by providing different and quality products or services, which is only possible by focusing on innovative and structural capabilities.…”