Innovation In Technology Firms Research Articles

Modern challenges in the management of innovative projects in technology companies in the turbulent environment of digital technologies

In today’s rapidly changing digital landscape, technology companies face unprecedented challenges in managing innovative projects in an environment of constant turbulence. This article examines the complex dynamics of innovation in technology firms in the context of the rapid evolution of digital technologies. It identifies the key challenges faced by project managers, including the need to adapt to breakthrough technologies, meet rapidly changing market demands, and foster a culture of innovation in organizations. Based on an extensive literature review and empirical evidence, this study reveals the complexities of managing innovative projects in a turbulent digital environment. It discusses strategies to reduce risks, increase project flexibility, and facilitate collaboration between different teams. Analyzing these problems, this article aims to provide valuable information and practical recommendations to technology companies seeking to effectively manage innovative projects in an era of rapid development of digital technologies. By understanding in detail the current landscape of technological innovation, organizations can develop adaptive strategies to address the challenges of digital turbulence and capitalize on emerging opportunities for growth and competitiveness.

Effects of non-technological innovation on technological innovation of small- and medium-sized enterprises: The role of the local business environment

Although non-technological innovation has been found to have influences on technological innovation of firms in the literature, some studies suggest it has no effect on technological innovation. It is unclear why these inconsistent findings have emerged. This study utilises longitudinal data from the biennial surveys of Vietnamese manufacturing small- and medium-sized enterprises and data from the Provincial Competitiveness Index surveys during the period from 2011 to 2015 and applies various estimation techniques. Findings demonstrate that the effects of non-technological innovation, which includes organisational and marketing innovation, on product and process innovation vary with the quality of the local business environment. Enterprises operating in a higher-quality local business environment have a higher probability of adopting product and process innovation than others. These findings suggest that policies to improve the business environment should be combined with other innovation policies to facilitate innovation of small- and medium-sized enterprises in transition economies.

The Impact of Green Credit Policy on Technological Innovation of Firms in Pollution-Intensive Industries: Evidence from China

How to promote technological innovation with green finance policy has been a focal topic in the global green finance field in recent years. Using the difference-in-difference approach model, this paper investigated the impact of the Green Credit Guidance (GCG) policy implemented by the Chinese government in 2012 on the technological innovation of firms in pollution-intensive industries. The empirical results indicated that GCG had a negative impact, not only on research and development (R&D) input, but also on innovation output, and the impacts on firms with different property rights and different scales were consistent. Further research showed that GCG reduced the long-term debt of firms in pollution-intensive industries, and then significantly decreased the R&D input and innovation output; that is, long-term debt is a mediator in GCG and technology innovation. The results revealed that GCG fails to promote the technological innovation of firms in pollution-intensive industries. This paper suggests that China’s green credit policy should pay more attention to the technological innovation, transformation, and upgrading of firms in pollution-intensive industries.

Exploratory Innovation in Technology Firms: The Role of Compensation Structure for R&D Workforce

We assess the relationship between a firm’s compensation structure and its exploratory innovation. Specifically, we focus on the dispersion of a firm’s compensation structure. Drawing from compensation theories, we argue that horizontal and vertical dispersions of a firm’s compensation structure differ in their effects on R&D employees’ behavioral tendencies, which in turn are related to the exploratory innovation output of a firm. We test our argument with a 6-year panel dataset of 81 high technology firms in the U.S. We use the compensation records of 671,114 R&D personnel from 1997 to 2002 to construct pay dispersion measures for these firms in the panels and link these measures with the firms’ patent innovations filed in the U.S. We find that horizontal pay dispersion is negatively related to a firm’s exploratory innovation output, but there is no statistically significant relationship between vertical pay dispersion and exploration. In addition, the negative relationship between horizontal pay dispersion and exploration is mitigated in firms with older R&D employees on average and in firms where the age variance of R&D employees is greater.

Knowledge integration within innovation process: a technopreneurial perspective

Knowledge integration (KI) is one of the major aspects driving innovation within an organisation. In this paper, we attempt to develop a better understanding of responses to the challenges of knowledge integration within the innovation process in technology–based firms. Using four technology–based Australian firms, we investigated how knowledge integration may be managed within the context of innovation in technology firms. Previous research highlights the role of four KI tasks that affect the innovation capability within technology–oriented firms, namely team building capability, capturing tacit knowledge, role of knowledge management (KM) systems and technological systemic integration. Our findings indicate that in addition to these four tasks, a strategic approach to integrating knowledge for innovation, as well as leadership and management, are essential to achieving effective KI across multiple levels of engagement. Our findings also offer practical insights into how knowledge can be integrated within innovation process, with specific implications for managers.

Technological innovation of firms in China: Past, present, and future

What do we know about technological innovation of firms in China? What are the directions for future research on this topic? This paper summarizes and discusses some of the newest literature on technological innovation of firms in China in the following three ways: (1) the influence of firms’ external factors, (2) the influence of firms’ internal factors, and (3) interfirm cooperation factors. Based on the analysis of these articles, we propose a framework which highlights these influencing factors, decision-making and implementation of technological innovation and innovation performance, in the context of China’s emerging economy. This framework sheds lights on future innovation research.

Relational embeddedness, exploratory learning and firm technological innovation performance

The research suggests a conceptual model about the impacts of relational embeddedness on the technological firm innovation performance through exploratory learning, and examines the influencing mechanism among relational embeddedness, exploratory learning and technological innovation performance by carrying out studies on 178 manufacturing firms. The hypotheses in the research are partially supported by the result, which supports that trust and joint problem solving between enterprises can promote the acquisition and application of new knowledge which in turn exerts positive effects on technological innovation performance. The application of new knowledge partially plays a mediating effect in the mechanism through which the acquisition of new knowledge influences technological innovation performance.