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Journal articles on the topic 'Firms innovation'
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1
Batterink, Maarten, Emiel Wubben, and S. (Onno) Omta. "Factors related to innovative output in the Dutch agrifood industry." Journal on Chain and Network Science 6, no. 1 (June 1, 2006): 31–44. http://dx.doi.org/10.3920/jcns2006.x063.
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The present study assessed the factors related to innovative output in the Dutch agrifood industry, a scale-intensive, supplierdominated industry. We concentrated on explanatory variables related to cooperation, information sources, innovation objectives, obstacles to innovation, and innovation resources. Firm-level data were used from the Dutch section of the 2001 Community Innovation Survey (CIS, N=328). We conducted linear and binary logistic regression to analyse the data. The results show that in order to be successful in product innovation, firms must have a strong market orientation. Furthermore, we found that in order to become (more) innovative, firms must have organisational conditions in place, as organisational obstacles are associated with lower levels of innovative output. Innovation subsidies turn out to have a positive effect on both product and process innovations. With respect to the value of a focal firm's network, the surprising conclusion can be drawn that the network is not perceived as crucial for innovation: cooperation is not a factor that explains innovative output; and network actors are - only to a limited extent - perceived as important sources of information for innovation. Competitors as an important source of information explain the share of the total turnover from new or improved products, whereas suppliers are an important information source for process innovators. In summary, innovative agrifood firms do not rely strongly on external sources, contrary to expectations for supplier-dominated firms. Instead, Dutch innovative agrifood firms more strongly reflect the characteristics of scale-intensive firms.
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Opazo-Basáez, Marco, Ferran Vendrell-Herrero, and Oscar F. Bustinza. "Digital service innovation: a paradigm shift in technological innovation." Journal of Service Management 33, no. 1 (November 18, 2021): 97–120. http://dx.doi.org/10.1108/josm-11-2020-0427.
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PurposeExisting innovation frameworks suggest that manufacturing firms have traditionally developed a complementary model of technological innovations comprising process and product innovations (e.g. Oslo Manual). This article presents digital service innovation as a novel form of technological innovation that is capable of enhancing the performance of firms in certain manufacturing industries.Design/methodology/approachDrawing on technological innovation and digital servitization fields of research, this study argues that digital service innovation, in manufacturing contexts, complements traditional sources of technological innovation, so increasing the profit margins of firms. This effect is significant in industries characterized by business-to-business contexts, high presence of link channels and long product life spans (e.g. manufacturing and computer-based industries). Predictions are tested on a unique sample of 423 Spanish manufacturing firms using parametric (t-test) and nonparametric (fuzzy-set qualitative comparative analysis, fsQCA) approaches.FindingsThe results of this analysis show that a necessary condition so that manufacturing firms can increase profits is the deployment of simultaneous process and product innovations. It also reveals that optimal configuration requires that digital service innovation be undertaken, particularly in machinery and computer-based manufacturing industries. Hence, all three sources of technological innovation are brought together in order to reach the highest levels of company performance. The evidence suggests that technological innovation and digital servitization are closely interrelated in highly innovative manufacturing contexts.Originality/valueThis study's originality and value reside in the fact that it reveals the existence of firms incorporating digital service innovation – a new, technological innovation dimension that challenges existing innovation frameworks – to complement traditional technological innovation sources, namely process and product innovation. Moreover, the study conceptualizes and empirically tests the value-adding role of digital services in firms' technological innovation portfolio.
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Wadho, Waqar, and Azam Chaudhry. "Innovation in the Textiles Sector: A Firm-Level Analysis of Technological and Nontechnological Innovation." LAHORE JOURNAL OF ECONOMICS 21, Special Edition (September 1, 2016): 129–66. http://dx.doi.org/10.35536/lje.2016.v21.isp.a6.
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In a knowledge-based economy, it has become increasingly important to better understand critical aspects of the innovation process such as innovation activities beyond R&D, the interaction among different actors in the market and the relevant knowledge flows. Using a sample of 431 textiles and apparel manufacturers, this paper explores the dynamics of firms’ innovation activities by analyzing their innovation behavior, the extent and types of innovation, the resources devoted to innovation, sources of knowledge spillovers, the factors hampering technological innovation and the returns to innovation for three years, 2013–15. Our results show that 56 percent of the surveyed firms introduced technological and/or nontechnological innovations, while 38 percent introduced new products, these innovations were generally incremental as the majority of innovations were new only to the firm. Furthermore, the innovation rate increases with firm size; large firms have an innovation rate of 83 percent, followed by medium firms (68 percent) and small firms (39 percent). Technologically innovative firms spent, on average, 10 percent of their turnover on innovation expenditure in 2015. Acquisition of machinery and equipment is the main innovation activity, accounting for 56 percent of innovation expenditures. Large firms consider foreign market sources (clients and suppliers) and small firms consider local market sources their key source of information and cooperation. 63 percent of technological innovators cite improving the quality of goods as their most important objective. Lack of available funds within the enterprise is the single most important cost factor hampering innovation, followed by the high cost of innovation. Our results show that 67 percent of the turnover among product innovators in 2015 resulted from product innovations that were either new to the market or new to the firm.
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Neely, Andy, and Jasper Hii. "The Innovative Capacity of Firms." Nang Yan Business Journal 1, no. 1 (November 20, 2014): 47–53. http://dx.doi.org/10.2478/nybj-2014-0007.
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Abstract Innovation is widely accepted as a crucial competitive weapon in today's global market place. Yet the levels of innovation achieved by different firms, even within the same industry, can vary widely. The key question raised by this observation is why. Why are some firms more innovative than others? What are the factors that determine a firm's capacity to innovate and how can these be managed to enhance the firm's innovative potential? This paper sets out to address these and related issues. It reports the results of a study of competitiveness and innovation of firms in the East of England. In the paper it is argued that the innovative capacity of a firm is a function of the firm's culture, resources, competences and networks. Justification for this framework is provided by a review of the relevant literature and a series of case studies examining the capacity to innovate of a sample of firms in the East of England.
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DEL RÍO, Pablo, Desiderio ROMERO-JORDÁN, and Cristina PEÑASCO. "ANALYSING FIRM-SPECIFIC AND TYPE-SPECIFIC DETERMINANTS OF ECO-INNOVATION." Technological and Economic Development of Economy 23, no. 2 (November 1, 2015): 270–95. http://dx.doi.org/10.3846/20294913.2015.1072749.
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This paper analyses the main determinants influencing different types of eco-innovations and eco-innovators in Spain. We differentiate between two types of eco-innovations (process vs. product and new-to-the-market (NTM) vs. new-to-the-firm (NTF)) and two different types of ecoinnovators (large vs. small and old vs. new firms). Our findings show that new firms are not more eco-innovative and that smaller firms are certainly less eco-innovative. Although the environmental regulation variable is generally a main driver of eco-innovation, there are specific drivers for some eco-innovator and eco-innovation types. This is the case with internal innovation capabilities, which clearly influence small and new firms to eco-innovate, in contrast to large and old firms. Those capabilities are also a driver of NTM eco-innovation versus NTF eco-innovation. Involvement in external knowledge flows and cooperation is also a crucial variable for small firms to eco-innovate and a main driver of NTM versus NTF eco-innovation. Contrary to expectations, there are a few differential drivers for products vs. process eco-innovations. Energy/material cost reductions and environmental regulation influence both eco-innovation types, whereas the demand-pull from the market is absent for both, probably due to a relatively low degree of environmental consciousness and/or willingness to pay for eco-products by its consumers.
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Katila, Riitta, and Eric L. Chen. "Effects of Search Timing on Innovation: The Value of Not Being in Sync with Rivals." Administrative Science Quarterly 53, no. 4 (December 2008): 593–625. http://dx.doi.org/10.2189/asqu.53.4.593.
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This paper investigates the effects on product innovation of firms' search to innovate, taking into account how a firm's search relates to that of its competitors. Drawing on organizational learning theory, we hypothesize that search timing relative to competitors matters and test two seemingly contradictory views: that competitors take away the exclusivity of search and therefore suppress innovation or, in contrast, sharpen and validate the focal firm's search and thus promote innovation. Our analysis of 15 years of longitudinal data on 124 Japanese, European, and U.S. industrial automation organizations reconciles these views. Results show that firms introduce more new products if they search after their competitors do, and they introduce more innovative new products if they search ahead of their competitors. The most innovative firms combine these two approaches, bridging their own and their rivals' hitherto isolated clusters of knowledge, but avoid engaging in learning contests in which they search at the same time as their rivals. The key insight for innovating firms, then, is not necessarily to strive to perform as well as possible in absolute terms, but to be different from the competition.
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TORUGSA, NUTTANEEYA (ANN), and WAYNE O’DONOHUE. "MANAGING KNOWLEDGE-RELATED BARRIERS TO TECHNOLOGICAL INNOVATION THROUGH EXPLOITATIVE AND EXPLORATIVE ORGANISATIONAL STRATEGIES." International Journal of Innovation Management 23, no. 04 (May 2019): 1950035. http://dx.doi.org/10.1142/s136391961950035x.
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This study uses data from a sample of 31,948 European innovating firms to examine the impact that knowledge-related barriers to technological innovation have on the link between the level of such innovation and firm performance, and, to investigate the role of “exploitative” and “explorative” organisational strategies in moderating such impact. Exploitative strategies are measured by the level of organisational innovations, and exploratory strategies are measured by the level of methods for fostering workplace creativity. Using moderated hierarchical regression, the results reveal a negative effect of the interaction between technological innovation and related knowledge constraints on firm performance. They also reveal that the negative interaction effect becomes positive at high levels of organisational innovations and creativity-fostering methods. The study findings thus indicate the need for managers of technologically innovative firms to implement both exploitative and explorative organisational strategies. Doing so could help minimise the negative effects of knowledge-related barriers to technological innovation, and in turn promote innovation-based competitiveness and business success.
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Yan, Zhenjun, Xinyan Wu, Jing Li, and Bingqing Liang. "Competition and Heterogeneous Innovation Qualities: Evidence from a Natural Experiment." Sustainability 14, no. 13 (June 21, 2022): 7562. http://dx.doi.org/10.3390/su14137562.
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Innovations differ substantially in their qualities, from major breakthroughs to small incremental refinements. What is the relationship between product market competition and the quality of innovations? We develop a model where competition encourages high-quality firms to innovate but discourages low-quality firms from innovating and examine the impact of competition on the quality of innovations, taking the implementation of the negative list system for market access in China as a natural experiment. It is found that competition has twofold impacts on the incentives of innovation and that competition improves the overall innovation quality through the improvement of innovation resource allocation. More competition implies a higher elasticity of substitution, leading to stronger incentives for innovation. Meanwhile, competition also decreases industry profits and increases the cost of innovation, which reduces the expected return on innovation, resulting in fewer incentives for innovation. The findings suggest that while R&D subsidies increase aggregate R&D investment, they encourage the survival and expansion of low-quality firms at the expense of high-quality firms and lead to misallocation of R&D resources, resulting in the decline of overall innovation qualities.
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Umeoka, Chibuike. "The Effects of the Innovative Decisions on Firms’ Innovative Performance of Nigerian Industry." Journal of Economics, Finance and Accounting Studies 4, no. 3 (September 1, 2022): 42–51. http://dx.doi.org/10.32996/jefas.2022.4.3.5.
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Firms have to keep innovating if they want to maintain competitive advantage; hence, this study investigates the innovation activities in Nigerian firms considering the role Nigeria plays in the African economy. Specifically, the objectives of this study are to (1) to determine the factors that affect firms’ innovative activities and (2) to evaluate the impact of the innovative decision on innovation performance or product of firms. 2014 Enterprise survey data conducted by the World Bank is used, and CDM-model is adopted as the method of analysis. The results showed that improved supporting activities by firms has a significant positive relationship with firms’ innovative performance, and giving employees time to develop new idea has a positive impact on innovation performance. Finally, the study recommends that firms should embark on the job training of staff because it will help them be more efficient by improving the working process.
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TRIGO, ALEXANDRE. "MECHANISMS OF LEARNING AND INNOVATION PERFORMANCE: THE RELEVANCE OF KNOWLEDGE SHARING AND CREATIVITY FOR NON-TECHNOLOGICAL INNOVATION." International Journal of Innovation and Technology Management 10, no. 06 (November 28, 2013): 1340028. http://dx.doi.org/10.1142/s0219877013400282.
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This paper examines the role of several learning mechanisms for innovation performance, particularly their relevance for different types of innovation. Although the innovation drivers have been extensively discussed in the literature, more evidence is needed to verify that specific innovation outputs rely on specific knowledge sources. Based on the European Innobarometer Survey 2009, the empirical analysis reveals different profiles among innovating firms. Non-technological innovators, in particular firms highly intensive in organizational innovation, show a high propensity to perform knowledge sharing practices, to introduce knowledge management systems and to apply alternative mechanisms to promote creative ideas. The findings also prove a strong connection between product and process innovation, R&D activities and cooperation with scientific partners. The analysis concludes that firms with highest probabilities of engagement in learning mechanisms show the highest innovative performance. Moreover, the most innovative firms are characterized by the combination of different learning initiatives.
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Peter, Onyeagam Onyealilam, Emmanuel Chidiebere Eze, and Adegboyega Adesoji Anthony. "Assessment of Quantity Surveying Firms' Process and Product Innovation Drive in Nigeria." SEISENSE Journal of Management 2, no. 2 (February 21, 2019): 22–38. http://dx.doi.org/10.33215/sjom.v2i2.111.
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Purpose- Innovation repositions and strengthens the competitive advantage and revenue drive of corporate businesses. The aim of this study is to assess the extent of the process and product innovation in Nigerian Quantity Surveying firms with a view to determining the innovative tools/concepts used.
Design/Methodology- The study adopted a questionnaire survey in which simple random sampling was used to collect data from Quantity Surveyors working with Quantity Surveying firms in the study area. Relative importance Index, mean score, frequencies, andpercentages were used to analyze the data collected, and Rogers' innovation adopters categorization was employed to determine the level of adoption of innovation by Quantity Surveyors.
Findings- The study found that Quantity Surveying firms do not engage the services of innovation specialist because of financial constraint. The most adopted innovative tools/concept by Quantity Surveying firms are MS Excel, Computer Aided Taking-off, CATO, and CA Estimating, and these firms are an early majority in the adoption of process and product/technological innovations.
Practical Implications- The study would assist Quantity Surveying firms who have notembraced innovation to do so, by adopting and incorporating innovative practices in the running of the business transactions and operations to improve clients' satisfaction, profit generation, andcompany image.
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Lewandowska, Lucyna. "Opportunities For Funding Innovation." Comparative Economic Research. Central and Eastern Europe 16, no. 4 (February 13, 2014): 57–78. http://dx.doi.org/10.2478/cer-2013-0028.
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This article is based on the view that firms’ competitiveness lies in their ability to innovate. It points out the incentives that make firms more innovative and the outcomes of implemented innovations. The main focus is given to the sources of innovation funding, in particular leasing, venture capital, private equity, business angels and the NewConnect market, and describes the possibilities of using them. The article stresses that firms seeking capital to grow through innovation can use a wide range of financing options as long as their projects are underpinned by solid documentation, have a specified time horizon, and are attractive for investors.
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Mushtaq, Irum, Muhammad Salman Chughtai, and Faryal Lashari. "Leadership Styles and Firms’ Innovation, Mediating Role of Absorptive Capacity: Empirical Evidence from Emerging Economy." Management & Economics Research Journal 3, no. 2 (September 1, 2021): 63–87. http://dx.doi.org/10.48100/merj.2021.162.
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This study contends explicitly that leadership styles (transformational and transactional) are positioned as a pylon for firms’ innovation performance. Further, this study contemplates the intermediating inspiration of absorptive capacity (potential and realized) linking leadership styles (transformational and transactional) and firms’ innovation. Data was collected from 301 permanent employees working in Pakistani manufacturing firms (food and tobacco) through the self-administered questionnaires to test the proposed hypothesis of this study. The study's findings demonstrate a positive influence of leadership styles (transformational and transactional) on the firm's innovative performance. Moreover, both absorptive capacity dimensions (potential and realized) mediate the relationship between leadership styles (transformational and transactional) and innovative performance. This study demonstrates that both leadership styles (transformational and transactional) provide phenomenal path routes to augment firms’ innovation. Overall, this study contributed a legitimate illustration of leadership styles strengthening firms’ innovation, specifically transactional leadership style, encouraging results within the developing economy perspective.
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PIPPEL, GUNNAR. "R&D COLLABORATION FOR ENVIRONMENTAL INNOVATION." International Journal of Innovation Management 19, no. 01 (January 22, 2015): 1550004. http://dx.doi.org/10.1142/s1363919615500048.
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The literature on the impact of R&D collaboration on innovation performance of firms suggests that R&D collaboration is not always beneficial. Therefore, a more detailed analysis of the effects of R&D collaboration is necessary. This paper investigates the relevance of R&D collaboration with different partner types on a firm's environmental innovation performance. Thereby, product related and process related environmental innovations are distinguished. Firm-level data from 2337 German firms are used in the regression analysis. The results suggest that R&D collaboration with suppliers, customers, universities, governmental research institutes, consultants, and other firms within the same corporate group is positively associated to a firm's process related environmental innovation performance. R&D collaboration with customers, suppliers, other firms within the same corporate group and consultants is positively associated with the development of environmental friendly products.
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Heidhues, Paul, Botond Kőszegi, and Takeshi Murooka. "Exploitative Innovation." American Economic Journal: Microeconomics 8, no. 1 (February 1, 2016): 1–23. http://dx.doi.org/10.1257/mic.20140138.
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We analyze innovation incentives when firms can invest either in increasing the product's value (value-increasing innovation) or in increasing the hidden prices they collect from naive consumers (exploitative innovation). We show that if firms cannot return all profits from hidden prices by lowering transparent prices, innovation incentives are often stronger for exploitative than for value-increasing innovations, and are strong even for non-appropriable innovations. These results help explain why firms in the financial industry (e.g., credit-card issuers) have been willing to make innovations others could easily copy, and why these innovations often seem to have included exploitative features. (JEL D21, G21, L11, L25, O31)
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Gao, Lei, and Andrey Zagorchev. "Dual-Class Firms and Innovation after NAFTA." Review of Pacific Basin Financial Markets and Policies 23, no. 01 (March 2020): 2050007. http://dx.doi.org/10.1142/s0219091520500071.
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We examine the effect of dual-class shares on U.S. firm innovation after the exogenous shock of the 1994 North American Free Trade Agreement (NAFTA), which intensified international competition. Using difference-in-differences models, we find that dual-class structure firms become less innovative but improve operating efficiency following NAFTA. We show that dual-class firms in many manufacturing industries reduce innovation, but marginally increase capital expenditures after the agreement, and thus substitute risky innovation with safer, long-term investments. The findings indicate that firms with dual-class structures facing lower competition decrease their stock market related innovation activities. We find that dual-class firms with entrenched managers decrease innovation and improve operating efficiency following NAFTA. Based on the robust results, agency costs and managerial entrenchment could explain these changes in innovations, efficiency, and investments.
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Henao-García, Edwin, José Arias-Pérez, and Nelson Lozada. "Fostering big data analytics capability through process innovation: Is management innovation the missing link?" Business Information Review 38, no. 1 (January 8, 2021): 28–39. http://dx.doi.org/10.1177/0266382120984716.
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Big data is heralded as the next big thing for organizations to gain competitive advantages. New data-driven firms need to control key resources in order to develop the new data-driven capabilities they need. The present paper analyzes the relationships between process innovation capability, management innovation and big data analytics capability, covering aspects related to a better understanding of how firms can obtain benefit from their investments in big data. PLS-SEM models with data from 195 firms are used. The main results suggest that management innovation and process innovation capabilities have an important role in the development of big data analytics capability. Big data analytics capability is much more than just investing in technology, collecting vast amounts of data, and allowing the technology department to experiment with analytics. The outcomes of this study present evidence on how innovative managers who promote innovations in process as well as innovations in different aspects of the organization favor the development of capabilities in big data analytics.
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Klette, Tor Jakob, and Samuel Kortum. "Innovating Firms and Aggregate Innovation." Journal of Political Economy 112, no. 5 (October 2004): 986–1018. http://dx.doi.org/10.1086/422563.
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Ветров, Ivan Vetrov, Лапшин, and Vyacheslav Lapshin. "Innovative mechanism of management as factor of sustainable and safe development of tourist branch." Forestry Engineering Journal 6, no. 1 (April 19, 2016): 212–20. http://dx.doi.org/10.12737/18744.
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In this article the problem of application of innovations in tourist branch is considered. The reasons limiting widespread introduction of innovations to the sphere of tourism, consisting on the one hand in incomplete perception firms of process of innovative activity, and with another – in small participation of the state in support of the firms introducing system management of in-novative activity reveal. In article terms an innovation, the invention, an innovation their interre-lation reveal.
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Qi, Guoyou, Hailiang Zou, Xie X.M., and Saixing Zeng. "Firms’ reaction to threats from informal firms: exploring the roles of institutional quality and technical gap." Journal of Business & Industrial Marketing 35, no. 11 (April 20, 2020): 1887–99. http://dx.doi.org/10.1108/jbim-07-2019-0346.
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Purpose Threats from the informal sector have become an important concern among formal firms. As a response to these threats, formal firms can adopt product innovation (PI) and marketing innovation (MI) strategies to differentiate themselves. The purpose of this paper is to examine how firm-level technical capability and external institutional quality affect firms’ reactions to the threats from informal firms by adopting innovative activities. Design/methodology/approach Based on attention-based view (ABV), an empirical study is conducted by using firm-level data from the World Bank Enterprise Survey in 2013. Findings The findings indicate that when faced with competition from informal firms, formal firms will intensify their innovation activities in both MI and PI, and their technical capability mitigates the competitive threats from informal sectors and thus weakens the impact of informal competitors on the level of product and marketing innovations. Moreover, it is found that the improvement of institutional quality reduces formal firms’ urgency to introduce new products when facing informal competitors. However, this improvement strengthens the impact of informal rivalry on formal firms’ innovation in marketing methods. Originality/value Previous studies that investigate the influence of informal threats are focused on technological innovation (e.g., PI and process innovation) strategies, but little knowledge is provided on non-technological innovative strategies, such as marketing strategies (e.g., MI and organizational innovation). This study contributes to the innovation literature by delving into the circumstances under which PI and/or MI is adopted to counter informal rivals. The findings enrich ABV by investigating how inter-firm resource similarity and marketing commonality strengthen top managers' attention to competition from informal firms.
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Tuan, Nham, Nguyen Nhan, Pham Giang, and Nguyen Ngoc. "The effects of innovation on firm performance of supporting industries in Hanoi, Vietnam." Journal of Industrial Engineering and Management 9, no. 2 (April 29, 2016): 413. http://dx.doi.org/10.3926/jiem.1564.
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Purpose: Innovation, including product, process, marketing, and organizational innovation within a firm, is considered as one of essential component for surviving and growing. These innovation activities create value and competitive advantages for successful organizations; therefore, understanding the organization’s overall innovation is the first and foremost to understand the role of innovation on firm performance. The objective of this research is to explore two parts: the impacts of innovation on the different aspect of innovation performance, then their effects to firm performance (production, market, and financial performance).Design/methodology/approach: This study uses primary data from questionnaire survey. The questionnaire involves 4 parts including general information, innovation activities; innovative performance, and firm performance. This research focuses on firms in supporting industries of mechanics, electronics, motorbike and automobile. These firms are in a list of companies (known as The Excellent Vietnamese Companies in Northern and Central Vietnam) established by JETRO and VCCI. There are 150 firms in this list. The questionnaire survey was administered to directors, CEO of those firms during April and May, 2014. Out of the 150 questionnaires sent out, 118 were valid, accounting for 78.7% of the true response rate. Analysis methodologies of reliability, factor analysis and regression are utilized in this paper.Findings: The result demonstrated there are positive effects of process, marketing, and organizational innovations on firm performance in supporting firms. More specifically, the higher the level of innovation activities is, the greater the innovative performance is, which means the larger level of Process, organization and marketing innovation activities are, the higher level of innovative performance are likely to be. Secondly, the higher level of Process, organization and marketing innovative performance, the better level of firm performances is likely to be. To sum up, in order to improve the innovative and firm performance, those firms in supporting industry should highly concentrate on process, marketing, and organizational innovation activities, rather than product innovation activities.Originality/value: Initially, this study applies successfully the model which supposing innovation is a process, then clarifying innovation definition through the impact of innovation activities on innovative performances. Secondly, this research confirmed the positive impact of innovative performances on firm performances. It provided one more empirical evidence of the relationship between innovation and firm performance. For practitioners, organizational innovation and process innovation are more important factors affecting innovative performance and firm performance than product and marketing innovation. Therefore, enterprises should focus and mobilize resources to create improvement in organizational structure and manufacturing processes.
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Kamal, Ernawati Mustafa, Nor'Aini Yusof, and Mohammad Iranmanesh. "Innovation creation, innovation adoption, and firm characteristics in the construction industry." Journal of Science & Technology Policy Management 7, no. 1 (March 7, 2016): 43–57. http://dx.doi.org/10.1108/jstpm-03-2015-0011.
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Purpose – This study aims to assess the construction firm’s innovation orientation and to investigate its relationship with firm characteristics. Design/methodology/approach – A structured survey was conducted among 105 firms in the Malaysian construction industry. The results of the factor analysis revealed two underlying dimensions of innovation, namely, innovation creation and innovation adoption. For the cluster analysis, the firms were segmented into four subgroups according to four dimensions, namely, non-innovative, innovation-creator, imitator and innovative firms. Findings – Firm’s business scale and age significantly affected the innovation orientation of construction firms. Originality/value – This research contributes to the existing body of knowledge by adding a new firm characteristic, business scale, as a potential predictor of firms’ innovativeness. This study is the first to explore the effect of firm characteristics on the innovation orientation of firms.
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PARK, YONG-TAE, CHUL-HYUN KIM, and JI-HYO LEE. "ON THE CHARACTERISTICS OF INNOVATIVE FIRMS IN KOREA: THE ROLE OF R&D AND INNOVATION TYPE." International Journal of Innovation Management 03, no. 01 (March 1999): 111–31. http://dx.doi.org/10.1142/s1363919699000062.
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In spite of the recent extension of our knowledge on technological innovation, little inquiry has been made of the distinctive characteristics between R&D firms and non-R&D firms, as well as between product-innovative firms and process-innovative firms. To this end, the main objective of this empirical study, grounded on a large-scale innovation survey of Korean manufacturing firms, is to contrast these two types of firms. The results were mixed. Some hypotheses were confirmed while others were discordant with expectation. By and large, R&D firms and product-innovative firms seem to share a similar propensity, whereas non-R&D firms and process-innovative firms are alike in character. However, there were some unexpected findings which merit attention and are worthy of in-depth examination. Although the study is subject to limitations in terms of its research design and data gathering, the results render some important policy implications. Furthermore, comparative analyses between different types of innovations need to be addressed more extensively in future research.
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BRION, SÉBASTIEN, CAROLINE MOTHE, and MARÉVA SABATIER. "THE IMPACT OF ORGANISATIONAL CONTEXT AND COMPETENCES ON INNOVATION AMBIDEXTERITY." International Journal of Innovation Management 14, no. 02 (April 2010): 151–78. http://dx.doi.org/10.1142/s1363919610002593.
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Research into organisation theory contains abundant evidence of the positive effects of ambidexterity on a firm's performance, and of the influence of organisational context on ambidexterity. The present research tests whether organisational context affects innovation ambidexterity. Our results, based on a dataset of 108 large innovative firms, show that firms combining exploration innovation and exploitation innovation should adopt long-term practices that favour risk-taking and creativity, and thereby build an organisational context suited to innovation ambidexterity. Competences were found to have a strong moderating effect. These results have important managerial and theoretical implications. In the case of innovation, firms that simultaneously pursue exploitation and exploration activities should carefully consider how they combine competences and organisational context.
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Skorobogatova, T. N., I. Y. Marakhovskaya, and E. O. Aborkina. "INNOVATION: ACTIVITY AND RESULT, THE ASSOCIATION WITH THE SERVICE; INNOVATION AS THE MAIN FACTOR IMPROVING EFFICIENCY." Construction economic and environmental management 80, no. 3 (2022): 103–10. http://dx.doi.org/10.37279/2519-4453-2021-3-103-110.
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Shown are different views on the concept of «innovation» of domestic and foreign scientists who define it as a result and as a process. The analogy of innovation and service is indicated. Attention is focused on creativity – the starting point of innovation. The functions of innovation are highlighted. The features of evaluating the effectiveness of innovations in material production and services are shown. The article considers innovation activity as a way to ensure the economic efficiency of firms and increase the competitiveness of their products and services. The authors reveal the relationship between the factors of innovation and ensuring the economic efficiency of firms, and also analyze the need to develop innovation management systems. It is emphasized that the most complete synergistic effect from innovation can be obtained only through the development of an innovative management system in firms
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KRAŚNICKA, Teresa. "Innovation of Polish family and non-family businesses." Scientific Papers of Silesian University of Technology. Organization and Management Series 2021, no. 150 (2021): 81–98. http://dx.doi.org/10.29119/1641-3466.2021.150.7.
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Purpose: The study aimed to identify differences in the level of innovation of the two types of firms – family (FB) and non-family (NFB) – and understand how the expectations of the management and/or business owners vary regarding the impact of innovations on business performance. Design/methodology/approach: Research questions were formulated based on the review of the findings of the surveys that compared innovation in family and non-family firms worldwide. Then, empirical research was conducted in 334 family and non-family firms in Poland. Findings: The findings do not confirm significant differences in the level of product innovation between FB and NFB. On the other hand, they point to a higher level of innovation measured with the number of process innovations in NFB. Research shows that firms rate the degree to which the expectations of innovation effects were fulfilled relatively low in both types of firms. Research limitations/implications: The applied measurement of the level of innovation according to the number of implemented innovations does not take into account their qualitative aspect, whether they are radical or incremental. The survey (questionnaire and interview) was based solely on the number of innovations declared as implemented by the respondents. Practical implications: The survey findings should inspire managers of family and non-family firms to analyze both the expected effects of the implementation of a particular type of innovation and to assess its actual outcomes. Social implications: Studies show that FB are not less innovative when it comes to implementing new or modified products and services. This contradicts both the opinions and some research results about the conservatism of FB or their stronger orientation towards family goals at the expense of a firm’s growth. Originality/value: This comparative study on FB and NFB innovation fills a gap in the area where knowledge concerning this issue is still scarce in Poland
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KUNAMANENI, SUNEEL. "CHALLENGES IN MOVING FROM INCREMENTAL TO RADICAL LOW-COST INNOVATION IN EMERGING AND TRANSITION COUNTRIES: Institutional Perspectives Based on Rechargeable Battery Innovation in China and Point-of-Use Water Purification Innovation in India." International Journal of Innovation Management 23, no. 03 (April 2019): 1950028. http://dx.doi.org/10.1142/s1363919619500282.
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Low-cost innovation is increasingly becoming the focus of attention of both firms and policy makers in emerging and transition countries. Previous research has elaborated on the ‘market-based’ view of low-cost innovations captured under various terminologies such as ‘frugal’, ‘good-enough’, ‘resource-constrained’, etc. This study, however, demonstrates that low-cost innovation capabilities are profoundly influenced by the structuring of institutions, particularly the public-science system. The analysis in this paper is structured around innovation in rechargeable batteries in China and point-of-use water purification in India, drawing upon strategies at the Chinese firm BYD and Indian firm Tata, respectively. Both the cases illustrate that diffusion-oriented policies and weak university–industry links played a critical role in firms low-cost ‘incremental’ innovations. However, as regards ‘pre-competitive’ research conducted in the public-science system, with the potential for better performing ‘radical’ technologies at lower costs, the current structure of institutions and firms strategies does not encourage firms to appropriate value from them into innovative output. This has important implications for both firms and policy makers in scaling-up low-cost radical innovations.
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Kande, Alice Wairimu, Dr Peter Gakio Kirira, and Dr George Ngondi Michuki. "University – Industry Collaboration and Innovativeness of Firms." International Journal for Innovation Education and Research 5, no. 3 (March 31, 2017): 1–10. http://dx.doi.org/10.31686/ijier.vol5.iss3.76.
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Knowledge driven economies have been recognized as the next frontier in developing and developed world. Universities are important institutions in the creation, dissemination, growth and preservation of knowledge from all sectors. This paper aims to provide an analysis and contribute to the discourse on the effect of University – Industry interaction on firms’ innovative performance. Firm innovativeness is hereby measured as the degree of use or implementation of new or significantly improved method of production (Process Innovation); novelty of product (Product Innovation); and implementation of new organizational methods in the firms’ business practices (Organizational Innovation). This study draws from data obtained from the Kenya Innovation Survey (2012) based on the Oslo Manual (which provides the guidelines on the methods and questions to be included in innovation surveys) and it was designed to measure the innovation activity based on a set of core indicators to inform policies that will help the country configure the national system of innovation in order to respond to socio-economic challenges. The analysis of the results is based on a sample of 296 enterprises located in Kenya which were randomly selected by ISIC sector from an entire sampling frame. A total of 194 firms were selected in Nairobi and its environs while 102 firms were selected upcountry as follows: Mombasa (25 firms), Kisumu (25 firms), Eldoret (24 firms) and Nakuru (25 firms). The results of this study indicate that universities are an important knowledge partner for firms to develop innovations. Most of the sectors indicate that the interaction between them and the universities has significant effect on product as well as process innovations.
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Dolińska, Małgorzata. "Activity Of Companies In Innovation Networks." Equilibrium 7, no. 1 (March 31, 2012): 21–31. http://dx.doi.org/10.12775/equil.2012.002.
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Innovation networks can be understood as an organization in which two or more independent firms aim at joint research, development or spreading of innovations. In such a relatively stable and cooperative collaboration, the partner firms find support during one or more activities of the innovation process, which may increase their innovation performance (Dilk, Gleich, Wald 2008, p. 693). Relationships of innovative companies with partners in networks are based on development and transfer knowledge, which is used in innovation processes. With development of innovations in the network, knowledge and other resources are multiplied. The objective of this work is to explore cooperative relationships of companies with partners during innovation process execution within the network’s framework. This paper analyzes the impact of these relationships on the development of innovative companies, as well as also attempts to describe synergy effects of cooperation between partners in innovation networks. Questionnaire research on this subject was conducted in Lubelskie region in 2009. Summary results of these research are described in this work.
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Urban, Jan, and Zdeněk Caha. "Innovation in small family firms: A qualitative multipla case study." Trendy v podnikání 10, no. 4 (2021): 20–28. http://dx.doi.org/10.24132/jbt.2020.10.4.20_28.
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Family firms, accounting globally for the majority of companies, are the backbone of many national and local economies. Despite their importance as both employers and producers/service providers, research on these firms, analyzing their innovative behavior or comparing it with other forms of companies, has often been describing them as more conservative and less risk-raking, generating thus less innovation compared with other types of businesses. The goal of this study was to analyze the scope innovative activities in family owned companies on the basis of an empirical qualitative survey, founded on descriptive multiple-case study analysis of fifteen small, locally operating family owned firms in retail and service-industry, which have successfully survived 5 or more years in business. It used semi structured interviews with family owners and focused on identifying their attitudes to innovation as well as their skills to apply innovations of various types, important for their market competitiveness. The results of the survey, contrary to some earlier findings pointing to family firms ́ conservativeness, showed that these firms, due to their specific organizational culture, rely on innovations substantially, though the main focus of their innovations tends to be on product/technological changes as well as innovations in clients ́ relations.
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Stezano, Federico, and Ruben Oliver Espinoza. "Innovation capabilities and performance of biotechnology firms." Management Research: Journal of the Iberoamerican Academy of Management 17, no. 4 (October 14, 2019): 445–73. http://dx.doi.org/10.1108/mrjiam-11-2018-0880.
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Purpose This paper aims to provide empirical evidence regarding the relationship between different capabilities and innovation performances in the biotechnology sector, in the case of Mexico. Design/methodology/approach Given the aforementioned objective, this paper constructs different indicators on types of capabilities and innovative performances and, based on them, performs an econometric analysis based on a logit model. The work assumes the central assumptions of the firm's evolutionary theory and, in this sense, seeks to provide quantitative empirical evidence that explains the way in which the construction of different types of capacities determines the innovation results of Mexican firms in the biotechnology sector. Findings Corroborating the previous empirical evidence in analysis of firm’s capabilities in the biotechnology sector, this work empirically states that productive, absorption, technological and innovative capabilities positively influence the innovative performance of Mexican biotechnology firms. Originality/value This work examines a central theme linked to the current analysis of innovation and knowledge processes: the relationship between the organizational capacities of firms in the biotechnology sector and their innovative performance. Through a detailed analysis based on a national survey of Mexican biotechnology firms, this work underlines the importance of generating a new type of reflection on linkage among capabilities, innovation, paradigms and trajectories, technological opportunities, relationship dynamics among actors and modes of insertion into the biotechnology value chain.
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Ayalew, Misraku Molla, Zhang Xianzhi, and Demis Hailegebreal Hailu. "The finance of innovation in Africa." European Journal of Innovation Management 23, no. 3 (May 22, 2019): 348–82. http://dx.doi.org/10.1108/ejim-11-2018-0242.
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Purpose The purpose of this paper is to investigate how firms in developing countries finance innovation. Notably, the study seeks to investigate whether innovative firms exhibit financing patterns different from those of non-innovative ones. It also examines the effect of financing sources on firm’s probability to innovate. Design/methodology/approach The study utilizes firm-level data from the World Bank Enterprise Survey. From 28 African countries, 11,173 firms have been included in the sample. A statistical t-test is used for two independent samples and logistic regression models. Findings The results show that innovative firms, specifically innovative small- and medium-size firms exhibit financing patterns different from non-innovative peers. Further analysis indicates that there is no statistically significant difference between the financing patterns of innovative and non-innovative large firms. In Africa, innovation is mostly financed using internal sources and bank finance. Equity finance and bank finance have shown a higher effect followed by internal finance, finance from non-bank financial institutions and trade credit finance on firms’ probability to innovate. Practical implications The management of innovative firms should reduce dependency on short-term and retained earning financing and increase the use of long-term instruments improve innovation performance. Social implications A pending policy task for African leaders is to design and evaluate reforms to create a strong financial sector that willing to support the innovation process. Originality/value This study contributes to the existent literature on finance of innovation by examining how firms finance innovation activities in developing countries. This study provides evidence on how innovative firms exhibit financing patterns different from non-innovative ones from developing countries.
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Zawislak, Paulo Antônio, Edi Madalena Fracasso, and Jorge Tello-Gamarra. "Technological intensity and innovation capability in industrial firms." Innovation & Management Review 15, no. 2 (April 16, 2018): 189–207. http://dx.doi.org/10.1108/inmr-04-2018-012.
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Purpose Over time, technological intensity has been used as a proxy for innovation capability of firms in an industrial sector. However, not only firms belonging to the stratum of high technological intensity are able to innovate. Therefore, this study aims to explore a potential association between technological intensity and innovation capability in firms from different industrial sectors, using the Organization for Economic Cooperation and Development (OECD)’s classification and the components of innovation capability proposed by Zawislak et al. (2012, 2013). Design/methodology/approach The authors conducted an exploratory research with four case studies focusing on the innovation capability of Brazilian firms. Findings The results show that the four firms, each belonging to one stratum of technological intensity, have innovation capability, and the differences regarding this feature can be explained by the balance and development of all firms’ capabilities (technological, operational, managerial and transactional). Originality/value In the literature, studies that relate technological intensity and innovation capability are scarce. Therefore, the originality of this research is to relate these two concepts. The most important is that firms can be innovative regardless of their stratum of technological intensity, which shows the importance of other capabilities to ensure the innovation’s success.
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Fernández, Juan. "The impact of gender diversity in foreign subsidiaries’ innovation outputs." International Journal of Gender and Entrepreneurship 7, no. 2 (June 8, 2015): 148–67. http://dx.doi.org/10.1108/ijge-07-2014-0022.
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Purpose – This paper aims to examine the effect of R&D teams’ gender diversity on different innovation outputs. The paper argues that some innovations are best positioned to capitalize on the benefits of gender diversity because of the greater relevance of market insight and personal interactions. Moreover, it argues that gender diversity is not a source of innovation for foreign firms because of the subsidiaries’ role in the multinational group, the tacit nature of gender policies and the institutional distance between multinationals’ home and host countries. Design/methodology/approach – Drawing from data of the Spanish Survey of Technological Innovation Panel de Innovación Tecnológica (PITEC), this study uses multivariable probit models that allow for systematic correlations among the different innovation outcomes to determine the impact of R&D workforce gender diversity on the likelihood of introducing different innovation outputs. Findings – Allowing for systematic correlations among different innovation outcomes, results indicate that the relationship between gender diversity and product and process innovation has the shape of an inverted-U, while there is a positive linear association with service innovation. Moreover, gender diversity produces a greater impact on product innovation than on process innovation. Results also indicate that while gender diversity fosters every innovation outcome of domestic firms, it only contributes to foreign firms’ services innovation in a positive non-linear way. Research limitations/implications – Because of the availability of data, this paper has focused on how firms’ multinationality and group affiliation influence the relationship between gender diversity and innovation; however, other firms’ differences might also play a role on the effectiveness of the R&D workforce’s gender diversity. Firms differ on strategies, structures and capabilities (Nelson, 1991), and these differences may condition the potential of gender diversity. Therefore, this paper opens future research lines. Practical implications – Innovative firms should be concerned with human resource management practices for gender diversity regardless of their innovation output strategy. However, managers should not consider forming teams with equal proportions of men and women. Those firms aiming at introducing innovations that involve interactions among internal and external agents and those that require a better interface with the marketplace will benefit more from gender diversity than those firms pursuing innovations related to the solution of technical problems. Finally, the paper shows that foreign subsidiaries have problems with the implementation of gender policies, especially when it comes to service and process innovation activities. Originality/value – This paper contributes by examining the influence of two contextual factors that may affect the relationship between gender diversity and innovation. First, it examines how gender diversity affects the likelihood of introducing different innovation outputs (product, service and process) as the different tasks required by each innovation represent different contexts that may affect the effectiveness of gender diversity. Second, the paper analyzes whether the influence of R&D workforce’s gender diversity on innovation outputs is different for domestic and foreign firms as foreign firms’ national culture, organizational culture, strategy and HR practices differ from those of domestic firms.
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Hartono, Arif, and Ratih Kusumawardhani. "SEARCHING WIDELY OR DEEPLY? THE IMPACT OF OPEN INNOVATION ON INNOVATION AND INNOVATION PERFORMANCE AMONG INDONESIAN MANUFACTURING FIRMS." Journal of Indonesian Economy and Business 33, no. 2 (May 13, 2018): 123. http://dx.doi.org/10.22146/jieb.29218.
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Since the term Open Innovation (OI) was coined by Henry Chesbrough in 2003, OI studies have been frequently conducted. Surprisingly, OI insights, in the context of Indonesian firms, are scarce. Furthermore, there are no existing OI studies that use data derived from innovation surveys. Hence, this study attempts to close the gap in the literature, by providing insights into Indonesian firms’ openness toward external knowledge, and its impact on innovation performance. The main aim of this study is to investigate the impact of OI practices on Indonesian manufacturing firms’ propensity to innovate (i.e. their product, process, organization, and marketing) and innovation performance. Product and process innovations are grouped under the term technological innovation, while organization and marketing innovations are classified as non-technological innovation. Data used in this study were derived from the Indonesia Innovation Survey (IIS) 2011 that covered the period from 2009-2010. Following Laursen and Salter’s (2006) study, OI indicators consist of external search breadth (i.e. the number of external sources or search channels that firms rely upon in their innovative activities) and depth (the extent to which firms draw deeply from the different external sources or search channels) in innovation process. Undertaking logistic and tobit regressions, this study shows that in general, both breadth and depth significantly and positively affect technological and non-technological innovation, as well as innovation performance. However, the over-search on external knowledge, measured by breadth squared and depth squared, negatively and significantly influence innovation and innovation performance. This indicates that too much external knowledge, sourced during the innovation process will diminish the return of innovation. This study also finds an indication of a complementary relationship existing between internal R&D and external knowledge; meaning that the implementation of one knowledge-sourcing strategy (either sourcing from internal R&D or external knowledge) increases the marginal returns from another. Lastly, important implications related to theoretical and innovation strategies are proposed.
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Radicic, Dragana. "Financial and Non-Financial Barriers to Innovation and the Degree of Radicalness." Sustainability 13, no. 4 (February 18, 2021): 2179. http://dx.doi.org/10.3390/su13042179.
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The aim of this study is to analyse the effects of barriers to innovation on firms’ propensity to engage in radical and incremental innovations. We look at innovative and potentially innovative firms and estimate the effect of three types of barriers—financial, knowledge and competition—on the propensity to radical innovation new to the world, radical innovation new to the market and incremental innovation. An empirical study has been performed, drawing on data collected from the German Mannheim Innovation Panel covering the period from 2014 to 2016. Empirical results reveal heterogeneous effects of barriers depending on the degree of radicalness. In particular, knowledge and competition barriers are an impediment to radical innovation, whereas financial and knowledge barriers reduce a probability of incremental innovation. Based on the findings, we discuss policy recommendations for mitigating barriers to innovation conditional on the degree of radicalness.
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Gremyr, Ida, Lars Witell, Nina Löfberg, Bo Edvardsson, and Anders Fundin. "Understanding new service development and service innovation through innovation modes." Journal of Business & Industrial Marketing 29, no. 2 (January 28, 2014): 123–31. http://dx.doi.org/10.1108/jbim-04-2012-0074.
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Purpose – The purpose of this paper is to explore the role of innovation modes in understanding challenges of integrated NSD and NPD, and the use of structured NSD processes in manufacturing firms. Design/methodology/approach – The research is based on a two-stage multiple case study. The first stage is an interview study of 17 key informants representing manufacturing firms in the machine industry. The second stage is an in-depth study of three service innovations at three manufacturing firms based on 16 interviews with key informants. Findings – The results of the study show that NSD processes are often more structured if the service is developed separately from the product. The fact that different innovation modes benefit from varying degrees of structure in the development process means that integrated service development can be challenging. Furthermore, service innovations often follow a trajectory of innovation modes before succeeding in the market. Some innovation modes occur within the NSD process, while others occur outside the process. One success factor for NSD is the fit between the innovation modes and the NSD process, rather than the NSD process per se. Originality/value – This research uses innovation modes to explain why NSD in manufacturing firms is often performed on an ad hoc basis, and how service innovations go through a trajectory of innovation modes. In this way, the study contributes to theory development of service innovation, and specifically service innovations in manufacturing firms.
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Bertarelli, Silvia, and Chiara Lodi. "Innovation and Exporting: A Study on Eastern European Union Firms." Sustainability 10, no. 10 (October 10, 2018): 3607. http://dx.doi.org/10.3390/su10103607.
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This paper investigates how firm-level innovation and productivity affect the export propensity in manufacturing firms in seven Eastern European Union countries. With respect to innovation activities, we analyze the complementarity between pair-wise product, process and non-technological (organizational and marketing) innovations when the objective function is represented by the exporting probability of a firm. Analyzing CIS2008 data, we find that productivity always has a positive and significant impact on the exporting propensity of firms. Furthermore, complex innovative firms, when large in size and/or from medium high–high technology sectors, can take advantage in terms of a higher attitude to export than non-innovators and simple innovators. By considering these results, governments have to introduce policies that can induce firms, especially small and medium ones, to implement complex innovations. This is fundamental in order to be more productive and more competitive.
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Ruiz-Pava, Guillermo, and Clemente Forero-Pineda. "Internal and external search strategies of innovative firms: the role of the target market." Journal of Knowledge Management 24, no. 3 (June 4, 2018): 495–518. http://dx.doi.org/10.1108/jkm-08-2017-0349.
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Purpose This paper aims to develop the concept of internal search of ideas to show the contrast between search strategies adopted by firms that introduce new products into local and international markets. Design/methodology/approach Based on data from 2,652 innovative firms, the paper uses factor analysis to explore and confirm appropriate groups of sources of innovative ideas. The analysis differentiates between internal and two types of external sources. Logistic and bivariate regressions reveal different search strategies for innovation in local and international markets. Findings Firms reporting products new to international markets exhibit search strategies combining ideas from internal sources with ideas from other firms. Firms reporting products new to local market reveal a search strategy centered on ideas from other firms. Practical implications Managers and policymakers wishing to promote innovations for international markets should concentrate their resources on developing the organizations’ capacity to generate ideas internally while monitoring other firms’ ideas. Managers targeting local markets may focus their efforts on intelligence over ideas coming from other firms. Originality/value Clarifying the relationship between knowledge and ideas, the paper finds that search strategies of firms are more effective for innovation depending on the target market. Firms searching for ideas among other firms generate ideas that might trigger innovation in products new to local markets. Firms searching both for internal and external ideas generate ideas leading to products new to international markets.
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Iandolo, Stefano, and Anna Maria Ferragina. "Does persistence in internationalization and innovation influence firms’ performance?" Journal of Economic Studies 46, no. 7 (November 11, 2019): 1345–64. http://dx.doi.org/10.1108/jes-04-2019-0152.
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Purpose The purpose of this paper is to analyze the joint effect of persistency in innovation and export on firms’ total factor productivity. In particular, the aim is to determine if exporting in international markets along subsequent periods, and being also continuously innovating over the same periods, can be associated with increases in firms’ productivity. The underlying idea is that time recurrence of these strategies is related to the firms’ ability to optimize external knowledge flows enhancing their productivity. Design/methodology/approach By using data on Italian manufacturing firms over the period 1998–2006, the authors distinguish between repeated and temporary exporting firms, as well as repeated and temporary innovators, to test (through two-step system generalized methods of moments) the existence of any combined learning-by-exporting and learning-by-doing effects. Findings This paper provides empirical findings about persistent innovation efforts being better associated with a permanent presence in foreign markets. More in detail, persistently innovative and exporting firms have better productivity results than persistently exporting (innovating) firms with non-persistent innovation (export). Combining both strategies could be an opportunity to internalize knowledge flows coming from long-lasting exposure to foreign markets. These results hold especially for small firms. Originality/value The novelty of this paper is twofold. First, the authors argue that the temporal dimension of firms’ exporting and innovating activities may influence firms’ productivity. Second, while previous studies explored the role of export and innovation on productivity in isolation, the authors consider the joint effect of this relationship and also explore it across the temporal dimension finding evidence that they have a positive, reinforced effects if firms implement these activities continuously and jointly. In this case, the effect of innovation and export on productivity is significantly higher than if firms with intermittent strategies do not have the time to internalize knowledge flows coming from participating in export market.
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Zafar, Afnan. "Reasons for outsourcing innovations and its effect on firm performance: Evidence from highly innovative firms from twenty countries." Technium Social Sciences Journal 13 (October 14, 2020): 305–19. http://dx.doi.org/10.47577/tssj.v13i1.1705.
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Innovative products have become crucial as firms vie for consumer attention in a saturated market. One important strategy is the use of external innovation providers. This study investigates reasons for outsourcing innovations (OI) and their relationship with firms’ performance. The results should assist firms in ascertaining how the reasons for OI affect firm performance. First, the conceptual framework of reasons for OI and related firm performance was synthesized from the open innovation literature. Then, highly innovative firms from twenty countries were surveyed and analysed using statistical tools. The results provided support for a conceptual framework with a positive relationship between five reasons for OI and firms’ overall performance. An implication for managers is that, if Contract Research Organisation (CRO) country’s environment is the only reason for entering into an OI contract, it might not be a good decision in terms of the respective firms’ overall performance.
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Del Carpio Gallegos, Javier Fernando, Francesc Miralles, and Alejandro Erasmo Loli Pineda. "Relationship between market and institutional networks and technological innovation: an analysis of peruvian manufacturing firms." AD-minister, no. 38 (June 30, 2021): 63–92. http://dx.doi.org/10.17230/ad-minister.38.3.
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Firms strive to develop technological innovations. This study focuses on two main objectives: to identify the relationship between market and institutional networks and technological innovation; and to analyze the relationship between the obstacles that firms assess when developing innovations. The literature shows that there has been little interest in researching innovation in emerging economies, in which there is a greater presence of low-technology intensity firms that also develop technological innovations. Using data from 705 Peruvian manufacturing firms, a partial structural equation model was applied. The results showed that when firms are linked to networks, their capacity for technological innovation improves.
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Abubakar, Mohammed Ndaliman. "Innovation Co-operation Impact on Operations of Small, Medium and Large (SML) Firms." Indian-Pacific Journal of Accounting and Finance 2, no. 4 (October 1, 2018): 4–15. http://dx.doi.org/10.52962/ipjaf.2018.2.4.51.
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Nowadays innovation co-operations have contributed to the success and improvement of firm businesses globally. This study sought to examine how innovation co-operation influences the activities of small, medium and large (SML) firms to become innovative and perform effectively. Using a dataset of a survey study based on Malaysian Innovation Survey (NIS) and European community innovation survey (CIS) reports, a total of 1178 firms cutting across small, medium and large (SML) companies for manufacturing and service firms were examined using an open innovation paradigm in practice to understand the extent of co-operation and collaboration in performing innovation activities. The study data were analysed using descriptive statistics and logic regression model estimation for ease of comprehension. The findings showed that almost all the companies survey were involved in performing one innovation or the other. Furthermore, it reveals that different partnership was sought for co-operation and collaboration in performing their innovations.
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BRATTSTRÖM, ANNA, HANS LÖFSTEN, and ANDERS RICHTNÉR. "SIMILAR, YET DIFFERENT: A COMPARATIVE ANALYSIS OF THE ROLE OF TRUST IN RADICAL AND INCREMENTAL PRODUCT INNOVATION." International Journal of Innovation Management 19, no. 04 (August 2015): 1550043. http://dx.doi.org/10.1142/s1363919615500437.
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Trust within teams is a central performance driver in product innovation. In this paper, we examine the antecedents to and performance implications of trust in firms engaged in radical innovation compared to those working towards incremental innovations. Our findings suggest that systematic processes and structures are significantly linked to trust in firms conducting radical innovation, but not so in firms conducting incremental innovation. Our findings also indicate that trust is significantly linked to business performance in radical innovation firms, although we do not find that the link between trust and performance is stronger for radical innovation firms, compared to incremental innovation firms. A central contribution of our study is therefore a better understanding of how trust operates differently in radical innovation firms, compared to incremental innovation firms. Our findings are of interest to research on radical innovation management, as well as to researchers studying the role of trust in a context of product innovation.
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Pacho, Frida Thomas. "Diversified Network Effects on Innovation Performance in Tanzania: Innovation Strategy in Service Firms." Journal of Entrepreneurship and Business Innovation 5, no. 1 (May 31, 2018): 1. http://dx.doi.org/10.5296/jebi.v5i1.12634.
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The study examined the issue of innovation with a focus on innovative diversified network in Tanzania service firms. The study aim was to assess the effect of diversified network which regarded as innovation strategy in firm’s innovation performance. By empirically tested network variables named collaboration, information exploration and exploitation and technology acquisition. The regression results indicated information exploration and exploitation to be highly significant network over collaboration and technical acquisition in service firms in Tanzania. This imply that the service firms in Tanzania are tend to rely on information exploitation and exploration network compared to other networks such as collaboration and technology acquisition. The study made contribution to the literature regarding innovation in developing countries in service firms, non-patentable innovative firms in particular.
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Prabowo, Ronny, and Doddy Setiawan. "Female CEOs and corporate innovation." International Journal of Social Economics 48, no. 5 (March 4, 2021): 709–23. http://dx.doi.org/10.1108/ijse-05-2020-0297.
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PurposeWe investigate the effect of female CEOs on corporate innovation using Indonesian companies. More specifically, this paper aims to answer the following research questions. First, do firms led by female CEOs innovate more or less than firms led by male CEOs? Second, does firm size positively moderate the effect of CEO gender on corporate innovation? Our research questions imply that female CEOs' innovative performance likely depends on the size of their firms.Design/methodology/approachBecause the dependent variable is a dummy that equals one if the firm was an innovator and zero otherwise, this study employs probit analysis to test the hypotheses empirically. As an alternative test, we use a different measure of the dependent variable (INNOV-corporate innovation) by summing the firm's responses (yes/no) to nine innovation-related questions. Because this alternative measure of INNOV exhibits a count-data characteristic with non-negative integer values and more than 70% of the total sample did not engage in innovation activities at all, this study relies on the zero-inflated Poisson regression in the robustness test.FindingsWe have shown that firms led by female CEOs exhibit a greater probability of being innovators. Further, firm size increases the positive effect of female CEOs on firms' probability of engaging in innovation activities. Further, we also find that when female CEOs manage women-owned firms, their firms are more likely to engage in innovation activities.Research limitations/implicationsThis study cannot further investigate the causal relationship between CEO gender and corporate innovation (e.g. by analyzing whether CEOs with different gender affects firm innovation) because it relies on the World Bank Enterprise Survey data. Nevertheless, this study suggests that stakeholders, especially in developing countries like Indonesia, need to encourage more women to hold CEO positions, especially in larger firms, because women-led firms perform better in innovation activities.Originality/valueOur study thus highlights that female CEOs outperform their male counterparts in innovation activities. These results support the argument that because of gender-based discrimination that they receive, female CEOs are greatly motivated to exhibit greater innovation performance. Further, it is more difficult for women to hold the CEO positions in larger firms because of these firms' more intense managerial job market.
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Waryyam, Tahira, Bilal Mirza, and Abdul Waheed. "Role of University-Industry Linkages and Its Impact on Innovation: Evidence from Pakistan." Global Regional Review VI, no. II (June 30, 2021): 126–44. http://dx.doi.org/10.31703/grr.2021(vi-ii).16.
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This paper analyses the barriers to University-Industry linkages in Pakistan and the significance of these linkages towards innovation outcomes of the firms. We used primary data collected by a questionnaire survey named "innovation survey 2013- 2014"from 200 firms (manufacturing/services) of Pakistan. Inspiration of the study has been taken from the theoretical grounds of the national innovation system and its major innovation players, i.e. universities, firms, govt. And research institutions. Two out of four institution shave been studied in this research work, i.e., universities and industries, to address the first research objective examining the significance of University-Industry linkages towards innovation. The second research objective focuses upon the barriers to University-Industry Linkages and their impact on creating these linkages. Another contribution to the innovation literature has been made by studying the barriers towards this collaboration is a major focus of our analyses. Research methodology is based upon the Pr-obit regression function to study the effect of barriers to U-I linkages on the university-industry relationship and the role of these linkages for a firm's innovative performance.Our findings conclude that top manager reluctance is the most significant barrier towards the U-I linkages. Moreover, our analysis reveals that firms, which are engaged in collaborative arrangements with academia, are more innovative
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Vávra, Michael, Gregor Vohralík, Viktor Prokop, and Jan Stejskal. "What Determines Firm’s Innovation? The Case of Catching-up CEE Countries." Quality Innovation Prosperity 25, no. 1 (April 1, 2021): 33–54. http://dx.doi.org/10.12776/qip.v25i1.1513.
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Purpose: The purpose of the paper is to recognize significant innovation determinants on firms’ product, process, and overall innovation activity. Methodology/Approach: The source of data for the analysis is the Community Innovation Survey 2012-2014. If the company has implemented the relevant innovation activity, they acquire a value of 1, or, if the company has not performed a certain activity in the period, they reached 0. As the variables are binary, the logistic regression analysis was used. Findings: Based on the results from the analysis, we defined the proper determinants of firms’ innovation activities but unfortunately, firms are not able to achieve innovative outputs, specifically within CEE countries. This is due, among other things, to several factors such as different conditions in individual countries, different innovation policies at the national as well as company level, managerial approach (aversion) to risk, mistrust between the various actors, and many others. A typical example is the impact of internal R&D on firm innovations. While in the case of product innovations we found a significant positive impact, in the case of process innovations the impact was negative Research Limitation/Implication: We performed on outdated data and we did not make a comparison with countries from Western Europe. Originality/Value of paper: The paper analyses innovation determinants and it is importance for innovation activities within the CEE countries.
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Findik, Derya, and Berna Beyhan. "A Perceptual Measure of Innovation Performance: Firm-Level Evidence from Turkey." International Journal of Innovation and Technology Management 14, no. 06 (November 9, 2017): 1750038. http://dx.doi.org/10.1142/s0219877017500389.
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This paper aims to introduce a qualitative indicator to measure innovation performance of Turkish firms by using firm-level data collected by Turkish Statistical Institute (TURKSTAT) in 2008 and 2009. We propose a new indicator to measure the innovation performance which is simply based on the perception of firms regarding to the impacts of innovation. In order to create performance indicators, we conduct a factor analysis to group the firms’ perceptions on the impacts of innovation. Factor analysis gives us product and process-oriented impacts of innovation. There are significant differences among product innovators, process innovators and firms engaged in both product and process innovations with respect to their perceptions on product and process-oriented impacts of innovation. Among these three groups, product- and process-oriented impacts provide a highest value for the firms that perform both product and process innovations. As far as the link between firm characteristics and the impact of innovation is considered, there is a significant difference between small and large firms with respect to their perceptions on product-oriented impact of innovation. While product-oriented impact is larger for small firms, large firms focus more on process-oriented impact. Anova results also indicate that perceptions on process-oriented impact significantly differ among exporter firms, domestic market-oriented firms and firms being active in internal and external markets. Process-oriented impact generates results in favor of exporting firms.
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Annavarjula, Madan, and Ramesh Mohan. "Impact of Technological Innovation Capabilities on the Market Value of Firms." Journal of Information & Knowledge Management 08, no. 03 (September 2009): 241–50. http://dx.doi.org/10.1142/s0219649209002361.
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In the era of globalisation and with the advent of knowledge economies, organisational innovation has assumed a critical role in enhancing economic performance of firms. Proponents of the Resource Based View of the firm and its more recent extensions such as the Knowledge Based View and Dynamic Capabilities Theory have suggested that generation, diffusion and application of organisational knowledge could be the source of sustained competitive advantage and superior performance of firms. While there is near unanimity in accepting the vital role of innovation in a firm's performance, consensus on what constitutes organisational innovation and how to measure it has proven to be elusive so far. Most previous research in this area has conceptualised innovation through one or more dimensions of a firm's innovative capability using R&D of a firm only. The measurement of the construct has thus reflected this narrow conceptualisation with a single measure of R&D expenditure being the most often used proxy. This study utilises a broader definition of organisational innovation capabilities that includes the generation, dissemination and strength of innovative activity in a firm. The unique features of this study is that it uses multiple indicators of a firm's innovation profile along with lagged measures of market value using fixed effects panel data analysis.