An empirical study of innovation-performance linkage in the paper industry

Imran Hashmi,Arsalanullah K Zuberi,Abdul Gani,Parveen Farooquie

doi:10.1186/2251-712x-8-23

Imran Hashmi, Arsalanullah K Zuberi + Show 2 more

Open Access

https://doi.org/10.1186/2251-712x-8-23

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Abstract

To enter new markets and remain competitive in the existing markets, companies need to shift their focus from traditional means and ways to some innovative approaches. Though the paper industry in India has improved remarkably on its technological and environmental issues, yet it shows a low rate of innovation. The present paper attempts to review the industry in the perspective of technological innovations and investigates empirically the role of innovations in performance improvement and pollution control. Multivariate analysis of variance and discriminant function analysis are applied for data processing. The findings reveal that the mean scores on the factors, such as sales, quality, and flexibility, are higher for the good innovators than those for the poor innovators. Conversely, the factors which are likely to be reduced as a result of innovations, such as time, cost, emissions, and disposal of waste, have shown higher means for the poor innovators.

Highlights

The basic philosophy behind any business organization is to produce the intended products and sell them to earn profit and satisfy customer requirements
According to Fitzgerald et al (1991), the framework for measuring the performance of any organization should integrate the measures that relate to results, such as competitiveness, and those that focus on the determinants of the results, such as quality and innovation
The responding companies consist of manufacturers of paper, suppliers of raw material or equipments, and those which may be categorized as both supplier as well as manufacturer

Summary

Introduction

The basic philosophy behind any business organization is to produce the intended products and sell them to earn profit and satisfy customer requirements. Profitability and other such targets can be achieved, maintained, and excelled only when the performance is regularly measured and monitored. According to Fitzgerald et al (1991), the framework for measuring the performance of any organization should integrate the measures that relate to results, such as competitiveness, and those that focus on the determinants of the results, such as quality and innovation. To enter new markets and remain competitive in the existing markets, companies need to shift their focus from traditional means and ways to some innovative approaches.

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