Innovative companies after the first and second waves of the COVID-19 pandemic are undergoing significant changes: from new trends in the markets to the growth of remote work in the digital environment. At any stage of development, innovative companies need an adaptive marketing approach to the implementation of the planned strategy. Marketing solutions to the problems of a volatile, uncertain, complex and ambiguous environment (VUCA) in 2023 can rightfully be considered an emergency aid to innovative transformations in emerging markets. The triad “market orientation – innovation – performance” chain has been extended to various innovation types– from technological and product innovation to innovation orientation and capability. Moreover, the market orientation research agenda has, during last 10 years, highlighted customer orientation as a key component of market orientation that drives innovative activities.
This study empirically analyzes the effects of exploitation and exploration on the innovation performance of emerging companies. We assumed that R&D expenditures or outsourcing production are positively associated with the level of innovation of the firm. The study conducted an analysis based on World Bank data collected from 2008 to 2009 for 1,555 companies in 11 emerging countries. As a result, firms in many emerging economies with insufficient resources and in low-tech manufacturing industries have shown that exploratory innovation activities, represented by investments in R&D expenditure, are still critical to achieving superior performance in new product production. On the other hand, exploitative activities through outsourcing did not have a significant impact on firms’ innovation performance. Through the results of this analysis, this study suggests that exploratory activities are meaningful in emerging countries to increase their innovation performance.
국문초록:본 논문에서는 지역혁신체제 및 혁신클러스터에서 상호작용을 촉진하는 주요 주체로서의 혁신중개인과 기업의 흡수역량 및 성과 간의 연계성을 기업 차원에서 탐구한다. 대덕연구개발특구 내 기업을 대상으로 한 실증연구결과, 기업이 활용하는 혁신중개인과의 관 계는 기업의 흡수역량과 혁신 및 경영성과에 긍정적인 영향을 유의하게 미치며, 흡수역량은 이 과정에서 강력한 매개역할을 하는 것으로 나타났다. 이는 혁신중개인이 기업의 혁신과정 에서 내부 활동을 대신할 수 있는 대체자라기보다는 보완재의 역할이 크다는 증거를 의미한 다. 본 연구는 기업의 혁신과정에서 흡수역량의 선행요인으로서 혁신중개인의 역할과 중요 성에 대한 이해에 기여한다.
With the fast pace of technological change, the role of innovation on a firm’s survival has received increased scholarly attention. This study investigates the relationship between a firm’s strategic orientations, exploration and exploitation, on innovation activity. Also, the synergy effects of four types of innovation: product, process, marketing, and organizational innovation are examined with the consideration of the level of innovativeness and the firm’s industrial category. The OECD Oslo Manual (2005) and the standard of OECD (2011) classification are used as a main source to define four different types of innovation and the industry category into high-tech and low-tech.
This study uses data from 856 firms taken from the Korea Innovation Survey (KIS) 2014 which is the Korean version of the Community Innovation Survey (CIS). Since most of the measures are composed of multiple items, their reliability and the underlying dimensions of each measure are tested by principal component analysis (PCA). Structural equation modeling (SEM) is then used to carry out a simultaneous test the relationships among the constructs. The moderating effects of marketing and organizational innovation are examined through multi group analysis.
Results indicate that exploration and exploitation have positive impacts on the product innovation and process innovation respectively. Also, a new process encourages firms to develop radical product innovation. In case of the moderating effect of marketing and organizatioanl innovation, there are some differences between high-tech and low-tech industry. For high-tech firms, the positive relationship between a new product and firm performance is increased with the introduction of marketing innovation. In case of low-tech firms, process innovation has direct and positive impacts on a firm’s performance with organizational innovation. The findings show that the synergy effect of innovation exists and its significance could be changed depending on an industrial category.
The benefits of being customer-oriented for building firm innovativeness remain ambiguous among academics, with some scholars claiming a customer-orientation fosters organizational innovation competencies, whereas some others argue that it merely inhibits innovation processes. A review of research on the effect of customer orientation on innovation activities are inconclusive, with some studies supporting a positive relationship, while others reporting mixed results. With many firms investing in activities to get to know their customers and in innovation activities, managers need an understanding of the role of customer-oriented behaviors on firm innovation practices.
본 연구는 CEO의 혁신성, 학습적 문화, 정보 시스템 활용 수준이 기업의 혁신성과에 미치는 영향 그리고 이러 한 혁신성과가 기업의 경제적 성과에 어떠한 영향을 미치는지 살펴보는데 주요 목적이 있다. 김해시에서 활동하 고 있는 중소제조기업 122개를 대상으로 설문조사를 실시하여 구조방정식을 통해 분석한 결과, CEO의 혁신성과 학습 문화는 각각 기업의 혁신 성과에 긍정적인 영향을 미치며 그리고 기업의 혁신 성과는 기업의 경제적 성과에 긍정적인 영향을 미치는 것으로 나타났다. 이러한 결과를 통해 본 연구는 혁신은 대기업의 전유물이 아니며 대기업에게만 효과가 있는 것이 아니라 자원 이 부족하지만 CEO의 경영 스타일과 학습적 문화와 같이 거대한 자본을 들이지 않는 혁신활동으로도 기업의 혁 신을 이끌 수 있다는 것을 제안한다. 또한, 중소기업에게 있어 혁신이 기업 성과를 결정하는 요인으로 밝혀졌기 에 중소기업의 CEO는 실무적으로 이를 활용할 수 있을 것이다. 그리고 마지막으로, 본 연구에서는 기존 문헌과 달리 혁신성과를 경제적 성과와 연결하여 살펴보았다는데 큰 의의가 있다.
Although cross-functional conflicts occur between marketing and research and development departments, empirical research on the inherent mechanism remains scant. This study examines the hierarchical relationship among various cross-functional conflict types. Trust moderates conflict resolution in a sample of 135 Chinese high-tech companies. Results show an inverted U-shaped relationship for cross-functional task conflict and a negative relationship for cross-functional relationships on team effectiveness and innovation performance. Trust moderates the relationship between cross-functional task conflict and team effectiveness; however, the results do not show trust’s link to the relationship between relationship conflict and team effectiveness. When trust is high, the U-shaped relationship between cross-functional task conflict and team effectiveness becomes positive. This study offers executives new guidelines for managing conflict and trust to improve high-tech firm’s innovation climate.
오늘날 기업들은 환경의 동태성이 증가되면서 기업이 지속적인 경쟁우위를 유지하기 위해서는 환경특성의 변화에 적절하게 대응할 수 있는 경영혁신이 수반되어야 한다. 특히, 급변하는 시장 환경의 변화로 인하여 경영성과를 창출하기 위해서는 경영환경, 경쟁전략, 조직문화에 의한 인과관계를 분석할 필요성이 대두되었다. 식품산업도 예외는 아니어서 급변하는 경영환경에 능동적으로 대응하기 위해 노력하고 있다. 특히, 식품업계에서는 식품의 안전과 위생에 대한 관심은 생활수
A new business venture faces intense competition in a dynamic environment. To survive, new business ventures and established companies both need to generate creativity and significant new ventures to be highly competitive and have high levels of performance. In this study, we examined new business ventures that determined their competitiveness and performance generated from entrepreneurial creativity and mediated by ambidextrous innovation. This research used survey data collected from 143 Indonesian’s new business shipping agencies, which was collected using an online survey and analyzed through structural equation modeling. The results showed that entrepreneurial creativity in new business ventures is positively associated with competitive advantage but not significant to create a competitive advantage. In contrast, entrepreneurial creativity is positively associated with firm performance. This result indicates that efforts to generate entrepreneurial creativity are not sufficient to create a competitive advantage despite having a significant influence on firm performance. However, entrepreneurial creativity is significantly and positively associated with firm performance and competitive advantage when mediated by ambidextrous innovation. The findings of this study suggest that the competitive advantage of a new business venture in facing intense competition in a dynamic environment condition can be overcome by generating strategic action in the form of entrepreneurial creativity and ambidextrous innovation.
This research aims to examine the relationships among entrepreneurial orientation, organizational learning capability, firm innovation, and firm performance. To achieve a data collection, a mail survey procedure via questionnaire was implemented by using executives or managers of gems & jewelry industries, textile and clothing industries, leather and accessories, fashion apparel industries in Thailand as the key informants. Of the surveys completed and returned, 388 were usable. Hence, a model with a structural equation was used to evaluate the data survey of 388 respondents. The results reveal that, in terms of the mediating effect, organizational learning capacity and firm innovation can complement each other in order to improve entrepreneurial orientation. Findings show that entrepreneurial orientation improves firm innovation, which in turn improves firm efficiency. Firm innovation acts as a variable mediating between enterprise orientation and firm performance. Our findings contribute to the current emergence of organizational learning capacity that mediated the relationship between entrepreneurial orientation and firm performance. Entrepreneurial orientation is normally a firm performance that enterprises develop which can have use the information available and make an impact. It can be considered through the mediation of organizational learning capability, and firm innovation variable and as stated in previous literature, it can influence firm performance.
The purpose of this study is to examine and analyze the effect of human capital supply chain on the firm performance mediated by innovation culture and innovation process on small- and medium-sized construction enterprises (SMEs) in Indonesia. A survey has been distributed to all construction SMEs that have direct involvement in construction work (contractors and subcontractors). The construction SMEs including medium- and small-scale construction services in three Provinces, namely, the special region of Yogyakarta, East Java, and Central Java. Through purposive sampling technique, primary data is collected by giving a questionnaire to the owner/manager of construction SMEs. The target sample in this study was 200 respondents who have been operating for a minimum of two years. 154 valid questionnaires could be processed. Data analysis uses structural equation modeling with AMOS 24. The results of the study conclude that there is a positive effect on human capital supply chain on firm performance mediated by innovation culture and innovation process, while innovation culture does not affect firm performance. In sum, the innovation culture mediates the relationship between human capital supply chain and firm performance, and the innovation process mediates the relationship between human capital supply chain and firm performance.
The study aims to investigate the determinant factors in the organisation of a firm’s innovative activities, and the impact of innovation capability on firm’s performance of electronic firms in Ho Chi Minh city, Vietnam. How is the performance of electronic companies after delivering an innovation project? How will innovation capability affect firm’s performance in electronic companies? This study aims to seek the answer of these questions. We employ a Structural Equation Model and the PLS technique in order to validate the theoretical model proposed in this study. With observation of 374 valid firms, based on Cronbach’s Alpha analysis, EFA analysis, CFA analysis and SEM analysis, this study discovers 5 groups of factors including: (i) Institution factors; (ii) Attitude of leadership factors; (iii) Marketing factors; (iv) Technological resources factors; (v) Combination factors, which have direct impact on innovation capability of firms. There are 4 groups of factors that have positive impacts on financial performance of electronic firms, with descending order of importance as follows: (1) Attitude of leadership factors; (2) Quality of human resources factors; (3) Innovation capability; (4) Marketing activities factors. Research results are important implications for Government administrative agencies for business to consult and introduce effective support policies.