Innovation is an abstract concept that is often hard to influence through any formal or informal approach in organisations. Shipbuilding organisations in Bangladesh at this point in their life cycle require much-needed innovation in production, management and operation areas that will reduce cost and increase efficiency. Due to Bangladesh,s expanding shipping industry, and the prospect of greater exports, innovation has become a major requirement in the industry in order to compete with foreign technology. The study has presented a quantitative analysis on the impact of perceived organizational support on innovation in the Bangladeshi shipbuilding industry. Innovation has been linked to perceived organisational support within the organisation. The premise of the arguments presented in the study is based on the hypothesis that perceived organisational support will increase the scope of innovation initiatives from the organisation's employees. The study collected primary data from shipbuilding organisations through the structured survey questionnaire. The results have shown that perceived organisational support may induce employees to take more innovative measures for the organisation in the absence of direct reward or recognition. Additionally, it has also been presented that perceived organisational support enables or facilitates an organisational culture or workplace culture that is conducive to innovation.