Innovation Performance Of Companies Research Articles

A Meta-Analysis of Innovation Management in Scientific Research: Unveiling the Frontier

Innovation is a critical element in numerous domains, especially when it comes to determining the course of business success via efficient innovation management systems. The objective of this study is to determine which innovation category has the greatest impact on the effectiveness of innovation management by analyzing the correlation of innovation and its associated activities on the innovation performance of companies. This study synthesizes empirical research findings regarding the relationship between management and innovation performance through the utilization of meta-analysis. In recent decades, meta-analysis has gained significant prominence as a method to improve the precision of results by integrating multiple studies into a comprehensive analysis. Systematic reviews and meta-analyses enhance the credibility of research outcomes due to their status as the most dependable forms of evidence. A noteworthy correlation is observed between innovation performance and innovation categories, with small and medium-sized enterprises (SMEs) exhibiting the strongest correlation. Significantly, organizational innovations demonstrate the strongest correlation coefficient, indicating that they have the greatest impact on innovation performance. This research highlights the significance of innovation management in effectively addressing enterprise challenges and promoting business success. It specifically emphasizes the critical role that organizational innovations play in facilitating innovation performance.

Examining Intermediate Mechanism of Customer Participatory Market Orientation on High-Tech Firms’ Innovation Performance—Secondary Regulating Effect of Relationship Quality

The prosperity of the Internet economy enables consumers to better participate in corporate innovation and value creation; therefore, corporate innovation needs to be based on customer needs and market orientation, especially from the relationship quality between customer and company departments, to give full play to the market orientation and customer participation, which plays an essential part in company innovation performance. This study examined the direct effect of market orientation on innovation performance from employees’ perspectives, while the moderating effect of customer participation and relationship quality from customers’ perspectives. We collected data from 265 respondents, including Chinese high-tech companies’ managerial staff and company customers, and analyzed using the IBM Statistical Package for the Social Sciences (SPSS) and SPSS Analysis of Moment Structures AMOS software. The results of regression analyses show that customer participation plays a positive moderating role in the relationship between market orientation and company innovation performance; a quality relationship can also promote the moderating effect of customer participation. At the same time, under the conditions of high customer participation and high relationship quality, market orientation has the most significant impact on company innovation performance. The findings of this study have significant implications for researchers, chief executives of high-tech companies, and government regulatory bodies.

How diversification of overseas subsidiaries affects parent company innovation performance: evidence from China's multinationals.

This paper examines the diversification of overseas subsidiaries on innovation performance of the parent company. Based on theoretical analysis and a combined Chinese firm dataset from 2000 to 2013, we find that diversification of overseas subsidiaries positively promotes the parent company innovation performance through the spillover effect of innovation capabilities. In addition, we determine that both the overseas and domestic investment layout can positively moderate the main effect. But there are differences between them. In concrete terms, the domestic investment layout plays a substitution effect in developed areas and acts a more pronounced moderating role in state-owned sample. Besides, the overseas investment layout plays a more important substitutive moderating role on non-state-owned enterprises. This research provides a special insight for studying the reverse spillover effect of OFDI in terms of the contribution of subsidiary linkages and offers several recommendations for multinational corporations to enhance the global competitiveness.

Knowledge and Innovation Performance in Czech Firms: The Influence of Decision-Making Structure

There are plenty of factors that influence a company's innovation performance. They include, for example, the firm's strategy, organizational culture, size, and availability of resources. Besides these factors, a lot depends on the firm's leadership, attitude towards innovation, experience, and knowledge. The influence of external knowledge, like patents and inventions from other businesses, has been studied by researchers many times. However, previous scientific publications contain mixed evidence on the impact of external knowledge on a firm's innovation performance. Many of them defined separate factors, like innovation orientation or knowledge sources, as influential for the firm's innovativeness. However, not enough studies were made on firms' decision-making structure. Scholars suggested that decentralized companies are more likely to experiment in their innovation activities than centralized ones. We aim to determine the role of the decision-making structure in innovation performance by gaining external knowledge among firms in the Czech Republic. We contribute to the existing literature by distinguishing the firms by their legal statuses (sole proprietorship, partnership, shareholding company) and the presence/absence of a supervisory board. Our research is done by applying a quantitative method with empirical data. We use multiple linear regression and SPSS software to determine the influence of external knowledge acquisition and other related factors (R&D inside and outside the firm, age, size) on innovation performance, with decision-making structure indicators included. We divide innovations into process and product ones. The study uses the World Bank Enterprise Survey data for the Czech Republic. The results of this paper present important outcomes for practitioners. They will prompt more efficient innovation strategies for firms, depending on their management type.

IMPLEMENTATION OF CORPORATE INNOVATION SYSTEM MODEL: CASE STUDY

Purpose- Corporate Innovation Systems (CIS) should be established for innovation to be managed effectively and sustainably in organizations as a means of global competition. There is a need for system designs that allow this process, which is iterative, interactive and risky by its nature, to be managed in a way that reflects the strategies, culture and original structure of the company. In this study, it is aimed to examine the phases followed within the scope of the corporate innovation system model applied in the focused innovation mentoring program attended by a company in ISO500. Methodology- The corporate innovation system was examined in depth with the case study of qualitative research techniques. It is possible to make theoretical propositions by making analytical generalizations with the case study method. For this reason, data were collected by conducting semi-structured interviews to examine the corporate innovation system in the company within the scope of the study. Findings- It is seen that the participatory approach is exhibited in the adaptation of the CIS model proposed in the innovation management system design within the company, it focuses on competence development, a transparent and fair idea management system is designed, project management principles are applied, and an inclusive distribution of responsibilities is realized through committees. Conclusion- To provide sustainable innovation performance in companies, there is a need to create corporate innovation systems that are open to continuous improvement and development, in which the original characteristics of the institution are reflected, senior management support is provided, extended to internal and external stakeholders, a common language and perception are created. Keywords: Innovation, management system, innovatiın process, innovation management JEL Codes: M10,M11,M12

Influence of cooperation networks on the relation between dynamic innovation capabilities and innovative performance

The present paper analyzes the influence of cooperation networks on the relation between dynamic innovation capabilities and innovative performance. Interviewing 258 Brazilian manufacturing organizations, and using Structural Equation Modeling through SmartPLS software, the results show that the dynamic capabilities of products and organizational significantly influences product and process innovation performance. Process dynamic innovation capabilities only influence innovation performance in process efficiency. Regarding the performance of organizations in cooperation networks, this favors companies to obtain results in process innovation, as well as influences positively and significantly in the development of all dynamic innovation capabilities observed in this study. This work contributes to increase the knowledge about the influence of cooperation networks on the dynamic innovation capabilities and innovative performance of companies. The results are of relevance to organizations and managers, who can use this information to reflect on organizational practices and management attitudes, in order to assist in the development of organizational strategies and decision making.

Tax Avoidance Advice for Enterprises to Improve Innovation Performance from A Lifecycle Perspective

From the perspective of enterprise life cycle, this paper analyzes the tax avoidance suggestions for enterprises to improve innovation performance. In the growth stage of enterprises, the more active the corporate tax avoidance behavior, the better the company's innovation performance. During the mature and declining periods of enterprises, the more aggressive the tax avoidance behavior of enterprises, the worse the performance of innovation. Through the analysis of corporate tax avoidance on innovation performance from the perspective of enterprise life cycle, suggestions are put forward from three aspects: government, enterprises and investors.

THE MODERATOR ROLE OF TRUST IN THE RELATIONSHIP BETWEEN COOPETITION AND INCREMENTAL INNOVATION: EVIDENCE FROM TOURISM INDUSTRY

With the increasing importance of coopetition in recent days, coopetition has been adopted by companies in order to embark on the changing global market conditions. Cooperation is a variable that arises simultaneously from the concepts of “cooperation” and “competition” that has become increasingly popular in recent years. In cooperation, the attitude of the partners is important. During the competition process, the attitudes and behaviors of the partners towards each other should be within the framework of ethical and moral rules, competence, efficiency and goodwill. It is believed that the efficiency of the innovation process, which takes place together with the coopetition path, will be greater. It is aimed to improve the innovation performance of companies through strong cooperation between companies and synergy in the information of the parties. The element of trust is one of the important factors determining the direction of coopetition activities particular. For this, the trust factor between partners often comes into play. This research questions how innovative firms that conduct R&D and innovation studies affect trust in the relationship between coopetition efforts and incremental innovations in tourism industry. For this reason, it is aimed to examine the moderator effect of trust in the relationship between cooperation and incremental innovation. The analysis of the data collected in the study was tested by hierarchical regression analysis. The positive and significant impact of joint competitive activities on the hospitality industry was further strengthened by the moderator effect of the trust and supported by the results of the resulting field study. As a result, the study was finalized by supporting the assumption put forward.

Attributes of The Supervisory Board In Enhancing Innovation Performance

Supervisory board’s attribute as determinants of innovation performance has been investigated by previous research using a one-tier board system, such as in the US and UK. There is limited evidence in such a study in continental European corporate governance systems, such as Indonesia. A study using data from Indonesia with a unique two-tier board system may enrich the corporate governance literature. This study explores the supervisory board’s attributes in enhancing a company's innovation performance by using gender, tenure, and foreigners. The agency theory is applied to this study. The purposive sampling method was used to obtain data from 222 companies listed on IDX from 2014-2018. Using multivariate analysis, the result showed that gender and foreign supervisory board have no significant impact in enhancing better Company's innovation, with the ability to create better performance. However, the supervisory board's tenure has a significant positive relationship with innovation performance. Hence, the company size negatively influences innovation performance. This study has practical and theoretical implications, and they discuss in detail in the paper.

Subsidiary staffing strategy and innovation performance in Chinese multinational enterprises: the moderating effect of institutional distance

This article examines the impact of the staffing of foreign subsidiaries of multinational enterprises (MNEs) on the innovation performance of the parent company and the moderating effect of the institutional distance between the host country and the home country. This paper conducts an empirical analysis on the data of 59 mature Chinese MNEs and their 872 overseas subsidiaries over the past 11 years and obtains some interesting results. The results show that the proportion of host country nationals (HCNs) in overseas subsidiaries has a significant positive impact on the innovation performance of the parent company and that it is not a simple linear relationship but rather an inverted U‐shaped relationship. As HCNs increase, the ability to acquire knowledge is increasing, while the ability to integrate knowledge is decreasing. Thus, multiplicative combinations of latent mechanisms result in an inverted U‐shaped relationship. However, the institutional distance between countries negatively moderates the effect of subsidiary HCN proportions on parent company innovation performance. The findings have important practical implications for the multinational innovation strategies of Chinese MNEs and governments.

The Effect of Organizational Learning and Knowledge Management on the Innovation Performance of Companies in Technology Parks

The main purpose of this study is to find out whether there is a relationship between organizational learning, knowledge management and innovation in the Science and Technology Parks in Turkey. The study will also present theoretical information about these concepts as well as revealing the reflection of practices in these fields on innovation performance. In the research part of the study, the effects and existing relationships of organizational learning and knowledge management on innovation performance in companies located in technology parks were studied. The reason for choosing technology parks is that technology parks play an important role in the development, innovation, and the advancement of technology as well as be seen to increase the per capita income. It is thought that the organizational learning, knowledge management and innovation performances of these companies should undoubtedly be different from other industries and clusters. In this context, an empirical quantitative survey was conducted with 319 companies in 5 different technology parks in Turkey. The findings of the study support the positive effect of organizational learning and knowledge management on innovation performance.

Research on the Influence of Technological Innovation Enthusiasm on Innovation Performance from the Perspective of Nonlinearity—Empirical Evidence from Chinese Listed Firms

Taking Chinese listed companies from 2010 to 2019 as research samples, in this paper, the authors empirically analyze the impact of technological innovation enthusiasm on innovation performance from a nonlinear perspective. The research finds that an inverted, U-shaped relationship exists between technological innovation enthusiasm and innovation performance, that is, to a certain extent, the improvement of the enthusiasm for technological innovation can improve the innovation performance of companies. However, when the enthusiasm for technological innovation reaches a certain degree, the innovation performance declines with the improvement of technological innovation enthusiasm. In addition, the moderating effect of CEO succession on the relationship between technological innovation enthusiasm and innovation performance is investigated from the perspective of corporate governance, and the research conclusions show that CEO succession strengthens the inverted, U-shaped relationship between technological innovation enthusiasm and innovation performance. This study further enriches the theoretical framework of technological innovation and corporate governance, and the relevant conclusions can provide certain theoretical reference for the innovation performance improvement of listed companies in China.

SIPOC-OI: a proposal for open innovation in supply chains

PurposeRegarding the premises of open innovation (OI) in terms of knowledge sources, this paper aims to discuss how to manage the existing sources of knowledge in supply chains.Design/methodology/approachAn integrative review was developed focusing on studies related to supply chain and OI, seeking to understand the relationships between them, supporting the innovative discussion.FindingsThe SIPOC-OI was proposed as a tool to support the management of knowledge sources present in the supply chain, promoting efficiency to the company and improving its innovative capacity.Research limitations/implicationsThe conceptual proposal should be empirically verified to understand the management tool's obstacles and benefits for a company's innovation performance. Additionally, it would be useful to understand the results of this proposal in the relationships between agents of the chain, as well as the direction (inbound, outbound or coupled). Additionally, relevant points were highlighted as future agendas.Practical implicationsThe point of view based on OI treats the collaboration's aspects and its benefits to agents, which becomes an essential factor in improving the entire chain's integration and performance.Originality/valueThe analysis of the flow of knowledge in supply chains from an OI perspective is an innovation in theory. Besides, the multidisciplinary proposal is expressed in the framework developed as it is based on a tool from engineering. Supply chain competencies/mindset is important to develop OI as well as is the contrary – there is a mutual practical and theoretical relevance between the integration of the concepts.

Barriers to Innovations and Innovative Performance of Companies: A Study from Ecuador

This research aimed to examine the relationship between the barriers to the development of innovation and innovative performance. This is a quantitative, not experimental, cross-sectional research, and the National Survey of Innovation Activities of Ecuador is used. Bivariate Probit regression was used to process the data. The results show empirical evidence that Ecuadorian companies have a great number of barriers to innovation. The main barriers to product innovation and process innovation are as follows: lack of company funds, high costs of innovation, and lack of qualified personnel in the company and the country. In addition product innovation is affected by the lack of market information, and process innovation is affected by the lack of financing from external sources, lack of information on technology, and a market dominated by established companies. The research has theoretical implications because it contributes empirical evidence on the relationship between innovation barriers and innovative performance in developing countries where evidence is scarce. The research has practical implications because it serves as a basis for forming public policies. Business managers and administrators can improve innovative performance by minimizing the impact of the main barriers to innovation.

Management Boards and Indonesia's Company Innovation Performance

This study aims to investigate the influence of the management board's characteristics on company innovation performance. Management board characteristics are female in the management board, education background, and Chinese ethnicity in the management board. Resources dependency theory is applied to understand the research phenomena. Using 109 companies listed in the Indonesian stock market, multivariate regression analysis was employed. This study also employed five control variables: family ownership, foreign ownership, company profitability, company leverage, and company size. The result shows that female in management board is negatively related to innovation performance. Besides, family ownership, company profitability, company leverage, and company size positively affect innovative performance.

Review and Prospect of the Research on Overseas R&D Investment of MNEs and Subsidiary Performance

In recent years, as globalized R&D activities have been launched on a large scale, more and more scholars have started to study overseas investment activities, but most of the research perspectives only focus on overseas investment entry methods, investment motives, and less on the study of reverse technology spillover of overseas R&D investment and the relationship with parent company innovation performance. Unlike overseas investment, overseas R&D investment is based on the knowledge base view, which considers knowledge as an important resource for enterprises, and tacit knowledge that is not easily understood and difficult to be expressed plays a key role in creating competitive advantage for enterprises. The dissemination of tacit knowledge is based on face-to-face interactions between individuals or organizations, and overseas R&D allows R&D activities to be geographically close to overseas markets and host country environments, thus enabling the transfer of home country knowledge and the acquisition of local knowledge. This study focuses on the motivation of overseas R&D investment, reverse technology spillover and relationship with parent company performance, and discusses future research directions.

Crowdsourcing as a service – from pilot projects to sustainable innovation routines

While crowdsourcing may strengthen a company's innovation performance, it is only rarely embedded in organizations as an innovation practice. Our action research shows that organizations often struggle with crowdsourcing projects as they represent a different form of innovation projects and require additional capabilities and skills e.g., to frame a crowd challenge, deal with IP rights, manage the crowd, or integrate the vast input into innovation projects. To overcome these problems, organizations have to invest in project-led learning to establish easy-to-use templates and routines e.g., to handle offered incentives or the applied winner selection processes. They further need to enable business-led learning as the established innovation structures, processes, and management practices do not cope with crowdsourcing projects and present some rigidities causing high coordination efforts. Organizations that are willing to run a number of consecutive crowdsourcing projects may rapidly improve their capabilities and even come up with scalable crowdsourcing services. Our findings further suggest that crowdsourcing, digital platforms, artificial intelligence, and as-a-service approaches may also add to general project capability building.

Research on the Impact of Customer Participation in the Innovation on Enterprise Innovation Performance Under the Background of MindCloud

The age of MindCloud gives more possibilities for companies to acquire the information of customer behaviour. This page analyzes the analyse the influence mechanism of customer participation on innovation performance, which can give the theoretical and managerial implication for companies. The results show that intelligent collection of customer behaviour and intelligent analysis of consumer behavior have significant impact on promoting company innovation performance. Meanwhile, the information from ordinary customer and special customer are all valuable for promoting company innovation performance.

"신산업분야 규제완화 정책이 기업의 혁신성과에 미치는 영향 : 성향점수매칭을 통한 정책효과 분석"

"신산업분야 규제완화 정책이 기업의 혁신성과에 미치는 영향 : 성향점수매칭을 통한 정책효과 분석"

The impact of supply chain fit on business and innovation performance in Brazilian companies

PurposeThis paper investigates the effect of the fit between supply and demand uncertainty (SDU) and supply chain responsiveness (SCR) (SC fit) on business and innovation performance in Brazilian companies.Design/methodology/approachThe study presented an analysis carried out on an empirical study based on a sample of 150 manufacturing companies. Business and innovation performance of companies with different types of SC fit ( high–high and low–low fits) and misfit (positive and negative) are compared and discussed.FindingsThe results indicated that SC fit had a positive effect on both business and innovation performance. Further analyses suggested that companies with SC fit present similar business performance, independent of the level of SDU that characterizes the environment where they compete, while companies in environments with higher levels of uncertainty tend to present superior innovation performance. Companies with positive and negative misfit present similar performance.Originality/valueAn analysis of the literature showed that there is no consensus when it comes to the definitions and measurements of SC fit. The paper investigates the effects of SC fit on business and innovation performance, while previous empirical studies have mainly addressed its impact on financial performance. Moreover, this study compares the effects of two types of fit and two types of misfit and assesses SC fit in Brazilian manufacturing companies, analyzing the context of an under-researched reality.