Search results

1 – 10 of over 25000
Book part
Publication date: 3 July 2018

V. Kumar, Ankit Anand and Nandini Nim

Traditionally, firms have been dependent on internal sources such as their own employees – and up to a certain extent, on some external sources, their customers – for innovation…

Abstract

Purpose

Traditionally, firms have been dependent on internal sources such as their own employees – and up to a certain extent, on some external sources, their customers – for innovation. However, in the current scenario of technological dynamism, firms are exploring multiple sources to generate ideas for innovation. Therefore, there is a need to understand the relative effect of various sources of innovations on a firm’s performance.

Methodology/approach

We offer a conceptual framework where we identify six distinct sources of innovations – firm, customers, external network, competition, macro-environment, and technology and how they create value for focal firms especially their brand equity. We introduce a taxonomy of various costs and benefits related to innovations. We then argue using our proposed taxonomy to understand the relative strengths of various sources of innovation affecting a firm’s brand equity.

Findings

We discuss and compare the relative effects of these sources of innovations on a firm’s brand equity by rank-ordering the sources. The customers and the technology as a source of innovation have the maximum impact on the firm’s brand equity followed by the marginal impact of macro-environment and external network of a firm. The firm itself has a moderate impact on its brand equity, while competition has the minimal impact. Further, we also discuss how the relationship is moderated by different innovation characteristics (nature and type of innovations).

Practical implications

The main practical implication is to create awareness among managers about various costs and benefits of the proposed six sources of innovations and their effects on brand equity. Managers would be able to prioritize their sources of innovation based on firms’ current needs, and whether to focus on lower costs or building higher brand equity in the scarce resource environment.

Originality/value

We offer a comprehensive list of six sources of innovation, build a conceptual framework wherein we discuss the relative strengths of these sources affecting brand equity.

Article
Publication date: 4 February 2021

Maral Nabieva, Shaken Turmakhanbetova, Nurgul Shamisheva, Kenzhegul Khassenova, Kulyash Baigabulova and Aliya Rakayeva

Although many studies explored the drivers of innovative development and the innovation performance of different countries, very few studies looked at the association of the…

Abstract

Purpose

Although many studies explored the drivers of innovative development and the innovation performance of different countries, very few studies looked at the association of the country’s GII score with the qualitative indicators of innovation performance. The purpose of this paper is to contribute such an investigation by looking at the Republic of Kazakhstan (79th in 2019 GII ranking).

Design/methodology/approach

This study looks at eight dynamic variables, among which one dependent (the GII score) and seven independent (R&D spending, innovation grants, the total cost of innovative goods and services, the percentage of innovative organizations, the share of innovative goods and services in gross domestic product (GDP) and the number of R&D staff and R&D institutions) variables associated with innovation performance. Changes in variables were tracked over the period from 2010 to 2018..

Findings

The study found that the Kazakhstan’s GII score was reliant on variables, such as the percentage of innovative organizations, the value of innovative goods and services as a share of GDP, R&D spending and the cost of innovative goods and services. At the same time, the number of R&D institutions, innovation grants and number of R&D staff had no substantial impact on the GII score of Kazakhstan.

Originality/value

Using the proposed approach, this study proved that factors, which have no direct association with the country’s level of innovative development expressed in GII, could have a significant synergistic impact on this indicator.

Details

Journal of Science and Technology Policy Management, vol. 12 no. 4
Type: Research Article
ISSN: 2053-4620

Keywords

Book part
Publication date: 15 December 2016

Abstract

Details

Mastering Digital Transformation
Type: Book
ISBN: 978-1-78560-465-2

Article
Publication date: 1 March 2016

Anne Rainville

To induce innovation in the public sector, Directive 2014/24/EU encourages internal and external consultation during the procurement process. However, little is known regarding…

Abstract

To induce innovation in the public sector, Directive 2014/24/EU encourages internal and external consultation during the procurement process. However, little is known regarding the prominence of these practices. Determining the extent of knowledge sourcing in innovation procurement across 28 European countries, this paper presents an institutional cluster analysis, examining heterogeneity across knowledge sourcing activities, procurement areas, and tender innovation outcomes for 1,505 public procurers from 2008-2010. Building upon existing taxonomies, three types of procuring agencies are identified: Large collaborative agencies practicing public procurement of innovation (31%); supplier-focused pre-commercial procurers (20%); and direct procurers at the municipal level (49%). Validation supports this heterogeneity, using innovation outcomes and policy drivers. At the country level, Spain, the United Kingdom, Italy, Germany and Poland are most represented in respective clusters. Findings enable predictions regarding impacts on agencies and innovation from the new public procurement directive's translation into national law by Member States.

Details

Journal of Public Procurement, vol. 16 no. 4
Type: Research Article
ISSN: 1535-0118

Article
Publication date: 4 January 2013

Gavin L. Fox, Jeffery S. Smith, J. Joseph Cronin and Michael Brusco

This research aims to utilize a social network analysis approach to examine the effect of organizational position within a network of strategic partnerships on innovation as…

1232

Abstract

Purpose

This research aims to utilize a social network analysis approach to examine the effect of organizational position within a network of strategic partnerships on innovation as measured by perceptions of industry analysts. Specifically, the purpose of the paper is to examine how network characteristics such as degree centrality (being centrally located in a network), between centrality (being positioned as an intermediary), and closeness centrality (having a short average distance to all other firms in the network) affect the innovation ranking of the focal firm.

Design/methodology/approach

Data for 563 firms are generated from three distinct data sources (SDC Platinum: Alliances and Joint Ventures, COMPUSTAT, and Fortune's America's Most Admired Companies) and analyzed via social network analysis and linear regression.

Findings

The network characteristics of degree centrality and between centrality positively relate to industry perceptions or innovativeness whereas closeness centrality had no significant effect. Additionally, there were no discernable differences in innovativeness when comparing manufacturing firms to service organizations.

Research limitations/implications

Insignificant findings related to closeness centrality and the good/service differential may be attributable to the data sources, in that, the information is limited to firms within the respective sources. This data limitation may limit the potential of examining the effect of all network characteristics. Additionally, some included companies participate in multiple industries (i.e., have multiple SIC codes), which may serve as the blurring of any differences between good and service firms.

Practical implications

The results highlight the importance of considering strategic partnerships that establish configurations of partnership webs when pursuing innovation activities. Specifically, the findings suggest that firms should seek numerous strategic partnerships (high degree centrality) and attempt to broker information or control the extent to which partners collaborate (high between centrality). These results provide insights for firms seeking to establish new supply‐chain relationships in order to enhance their level of innovation.

Originality/value

This research provides a unique empirical examination of the impact of network positional characteristics on the innovativeness of a focal firm.

Details

International Journal of Operations & Production Management, vol. 33 no. 1
Type: Research Article
ISSN: 0144-3577

Keywords

Open Access
Article
Publication date: 4 October 2019

Kehinde Medase and Laura Barasa

The purpose of this paper is to investigate how specialised capabilities including absorptive capacity and marketing capabilities influence innovation commercialisation in…

7040

Abstract

Purpose

The purpose of this paper is to investigate how specialised capabilities including absorptive capacity and marketing capabilities influence innovation commercialisation in manufacturing and service firms in Nigeria. The authors hypothesise that absorptive capacity measures including openness and formal training for innovation, and marketing capabilities encompassing new product marketing and marketing innovation are positively associated with innovation performance.

Design/methodology/approach

The authors examine commercialisation of innovation within the profiting from innovation (PFI) and dynamic capabilities (DC) framework and use data from the 2012 Nigeria Innovation Survey to test the hypothesis by means of a Heckman sample selection model.

Findings

The authors find that absorptive capacity measures comprising openness and formal training are positively associated with innovation performance. The authors also find that marketing capabilities as indicated by new product marketing and marketing innovation are positively associated with innovation performance.

Research limitations/implications

The authors acknowledge that firms undergo continuous changes and that there may be the presence of unobserved or unmeasured heterogeneity. Taking into cognisance that Nigeria is a federal state, cultural diversity and economic factors are likely to differ widely between geographical regions. Also, while the proposed conceptual framework offers a deeper understanding of innovation performance, examining how integrating activities of the R&D department, human resource department and marketing department affect innovation commercialisation is likely to provide more meaningful insights.

Practical implications

The role that inter-organisational learning and intra-organisational learning play in driving innovation performance provide managers with a basis for incorporating absorptive capacity building programs that boost employees’ ability to recognise and apply valuable external knowledge to commercial ends. Similarly, firms may benefit from offering marketing capabilities development programs. Furthermore, innovation policies in Nigeria are generally designed to focus on fostering innovation activities aimed at developing innovative output. Accordingly, government support explicitly targeting new product marketing and marketing innovation is likely to play a vital role in the successful commercialisation of innovation in Nigeria.

Originality/value

This study fuses the PFI and DC framework to examine why innovating firms may not necessarily succeed. This area of study has received scant attention in sub-Saharan Africa given that extant literature focusses on value creation as opposed to value capture.

Details

European Journal of Innovation Management, vol. 22 no. 5
Type: Research Article
ISSN: 1460-1060

Keywords

Article
Publication date: 8 August 2009

Dean Bartlett

This paper aims to describe a model for embedding corporate responsibility through innovation and organizational transformation.

2019

Abstract

Purpose

This paper aims to describe a model for embedding corporate responsibility through innovation and organizational transformation.

Design/methodology/approach

The model was developed from the findings of a qualitative case study, describing the design and implementation of an innovation development program. Data from semi‐structured interviews with program participants were entered into a qualitative analysis software package and a thematic analysis was conducted based on the principles of grounded theory that uses predominantly emergent coding categories. The results of this analysis were then linked with relevant theoretical concepts from the research literature in order to develop and extend the case through a process of deductive theory‐building, drawing on theories of innovation and organizational design.

Findings

The findings illustrate the potential of the model for enhancing and embedding corporate responsibility practices in a bottom‐up way, through a process of customer‐engagement and organizational redesign around the central concept of innovation.

Research limitations/implications

The proposed model is a starting point based upon limited empirical induction and is not fully developed or empirically validated.

Practical implications

The paper suggests a recasting of the relationship between organizations and the social contexts within which they operate if they are to achieve sustainable performance in both financial and social terms.

Originality/value

The paper presents an original model of organizational transformation through innovation and engagement and draws links between the new model and the social capital literature.

Details

Corporate Governance: The international journal of business in society, vol. 9 no. 4
Type: Research Article
ISSN: 1472-0701

Keywords

Book part
Publication date: 28 September 2023

Victoria Cociug and Carolina Parcalab

The competitiveness of companies and their capacity to join markets have changed as a result of the digital economy. One of the reasons the European Commission will revise the…

Abstract

The competitiveness of companies and their capacity to join markets have changed as a result of the digital economy. One of the reasons the European Commission will revise the rules governing block exemptions for R&D agreements and begin consulting stakeholders in March 2022 is the impact of digitalisation on markets. This chapter looks into how digitalisation has impacted the competitive analysis and evaluation that Moldovan businesses and the competition authority must conduct when looking at R&D collaborations.

For the purposes of the research in this chapter, we used methods such as analysis, deduction, induction, and synthesis of conceptual approaches to the digitalization of the competitive assessment, to elucidate the factors influencing competitiveness in R&D agreements. We also assessed the situation in the Republic of Moldova to formulate conclusions and own opinions about how the introduction of new processes and products on the market will stimulate competition among national firms and will strengthen their ability to compete in regional or even international markets. The recommendations and proposals for improving the management of competence to encourage businesses to innovate collaborate and exchange knowledge to produce innovative goods and services, including green economy solutions and initiatives with the security to comply with a competition policy adapted to the requirements of the new economy, as well as to the new changes in the European competition policy.

Details

Digital Transformation, Strategic Resilience, Cyber Security and Risk Management
Type: Book
ISBN: 978-1-83797-009-4

Keywords

Book part
Publication date: 17 January 2023

Tanmay Sharma and Joseph S. Chen

The COVID-19 crisis has jolted the hotel landscape profoundly and sector's usual resistance to innovative efforts is gone. Ecologically innovative (green) hotels are now expected…

Abstract

The COVID-19 crisis has jolted the hotel landscape profoundly and sector's usual resistance to innovative efforts is gone. Ecologically innovative (green) hotels are now expected to set the benchmark in protecting the environment and mitigating human health hazards. The need for this study stems from the fact that eco-innovative (green) hotels need not only be established and promoted, but also accepted or adopted by guests. Existing studies have mostly relied on customer's pro-environmental attitude, knowledge, and a selective list of green hotel attributes in order to predict green hotel visit intentions. The objective of this study is to provide a comprehensive list of environmental and human health attributes that are likely to influence guest's decision to visit a green hotel. One of the first studies to utilize the diffusion of innovation (DOI) theory in sustainable hospitality research, this qualitative study identifies 27 key green hotel's perceived attributes. Examining the guest's expected green hotel attributes would help managers make their green efforts more effective and attract potential guests who have not yet stayed at green hotels.

Details

Advances in Hospitality and Leisure
Type: Book
ISBN: 978-1-80382-816-9

Keywords

Article
Publication date: 8 August 2023

Yasmine YahiaMarzouk and Jiafei Jin

Based on the dynamic capabilities view, the current study aims to empirically investigate the effects of organizational learning culture (OLC), strategic reconfiguration (SREC) and

Abstract

Purpose

Based on the dynamic capabilities view, the current study aims to empirically investigate the effects of organizational learning culture (OLC), strategic reconfiguration (SREC) and digital transformation (DT), altogether, on Egyptian private hospitals' strategic renewal in the face of the COVID-19 pandemic.

Design/methodology/approach

This study adopted a cross-sectional design to collect the data used to carry out mediation analysis. A self-administered questionnaire was used to collect data from a sample consisted of 264 Egyptian private hospitals. The smart partial least square structural equation modeling technique (PLS-SEM) was adopted to test the hypotheses.

Findings

The results demonstrate that OLC directly and positively affects SR. Besides, SREC and DT partially and serially mediate the OLC-SR relationship.

Research limitations/implications

The sample size was small, covering only Egyptian private hospitals. The results may be different in the manufacturing sector and in other countries. The study was cross-sectional which is limited to trace long-term effects of OLC, SREC and DT on SR. Accordingly, a longitudinal study may be undertaken.

Practical implications

Private hospitals' managers must actively explore and dig out valuable resources in order to discover potential information and trends endeavor to redesign internal structures, and reconfigure their current resources, structures and strategies to achieve strategic renewal. The findings also provide new insights to mangers of private sectors' institutions and direct their attention toward adopting the strategic renewal option to survive amidst crises instead of retrenchment, persevering, or quitting business.

Social implications

The study's results imply that health care providers have sought to improve the capacities of their health care systems to address the patient-level social needs through continuous learning, internal reconfigurations and the transformation toward digitalization to renew their services.

Originality/value

This study therefore contributes to SR literature by being the first empirical study to introduce an integrative model for the antecedents of SR amidst the pandemic.

Details

Journal of Organizational Change Management, vol. 36 no. 5
Type: Research Article
ISSN: 0953-4814

Keywords

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