Product Innovation Capability Research Articles

Product innovation design process combined Kano and TRIZ with AD: Case study.

In the era of rapid product iteration, companies need simple and effective methods to guide the entire process of product innovation design and enhance their product innovation capabilities. Most research focused on improving one or several steps in the product design process. Although some scholars have proposed methods that guided the entire process, they combined more than three different theories, which increased the difficulty of theoretical learning and the complexity of practical implementation. This paper proposed a product innovation design process composed of three theoretical methods: Kano, Axiomatic Design (AD), and Theory of the Solution of Inventive Problems (TRIZ). This new process guided the entire product design process with fewer theoretical methods, reducing the difficulty of learning and implementation. The paper demonstrated the effectiveness of this method through the design practice of a portable two-wheeled self-balancing vehicle. Additionally, the discussion section explored the method's potential from the design management perspective.

Research and Analysis on the Development Strategy of Investment Banking Business of Commercial Banks in China

Against the backdrop of the growing financial industry, the development of investment banking has become an inevitable trend for commercial banks, and certain results have been achieved so far. However, in recent years, there are some issues regarding the development of investment banking business operations in commercial banks identified in the study, such as insufficient product innovation and insufficient business risk management capability. This paper analyzes the environment using the "PEST" analysis. Finally, the development direction is summarized by sorting out the development status, problems and reasons, enhancing innovation capabilities and borrowing the power of fintech can all provide good ideas for commercial banks to develop their investment banking business. This paper can provide ideas for other commercial banks facing the problem of developing investment banking business.

How Do Supply Chain Integration and Product Innovation Capability Drive Sustainable Operational Performance?

This study analyzes the influence of supply chain integration dimensions (internal integration and external integration) on the product innovation capability (market knowledge and product development) and operational performance of manufacturing firms, considering product innovation capability as a mediator. A purposive sampling method was used, and data were collected through a survey completed by 129 medium and large manufacturers in Pakistan and analyzed using the structural equation modeling technique. The results show internal and customer integrations are not directly related to operational performance. Furthermore, supplier integration was positively related to both product innovation capability and operational performance. Likewise, the link between product innovation capability and operational performance is positive. The study uniquely evaluates that product innovation capability positively mediates the impacts of internal and external integration on operational performance. The outcomes of this study will help managers of manufacturing firms boost their firms’ product innovation capability and operational performance by focusing on supply chain integration. Moreover, to achieve sustainability in the supply chain, practitioners are provided with directions on operationalizing supply chain integration. The study uniquely identifies the mediation effects of product innovation capability (market knowledge and product development) between internal and external integration and operational performance.

Effect of Innovation Resources on Sustainable Competitive Advantage: The Moderating Role of Responsible Innovation from Evidence of Hospitality Industry in Vietnam

This paper presents a study on the role of innovation resources, innovation capabilities, and especially the mediating role of responsible innovation in increasing sustainable competitive advantage (SCA) of enterprises in the competitive environment. This study is quantitative research that is applied in 1-5-star hotels in Hanoi, Vietnam. Research results indicate that innovation resources have positive effects on product and process innovation capabilities, responsible innovation, and SCA; Product and process innovation capabilities have positive effects on responsible innovation; Responsible innovation has a positive effect on SCA and plays the mediating role that strengthens the positive effect of innovation resources and innovation capabilities on SCA. These results make a theoretical contribution in providing empirical evidence demonstrating the important role of innovation resources, innovation capabilities, and especially responsible innovation. Therefore, useful information is delivered to managers to create innovation resources, strengthen innovation capabilities, and responsible innovation to increase enterprises’ SCA.

Examining the Impact of Product Innovation and Pricing Capability on the International Performance of Exporting Companies with the Mediating Role of Competitive Advantage for Analysis and decision making

In the present-day, within the highly competitive and ever-evolving global market landscape, exporting companies are presented with numerous opportunities to enhance their performance relative to their rivals by introducing innovative products and implementing appropriate pricing strategies. Within this context, product innovation and pricing proficiency stand out as pivotal factors exerting significant influence on the international performance of exporting enterprises. Consequently, the primary aim of this research endeavor was to explore the repercussions of product innovation and pricing competency on the international performance of exporting firms, considering the mediating role played by competitive advantage the research sample encompassed a statistical population comprising 51 exporting companies. The participants in this study included CEOs, as well as financial and marketing managers, and sales experts from these organizations. Employing Morgan's table and taking into account the total pool of exporting firms in the study, a sample size of 36 companies was selected, and a total of 108 questionnaires were gathered. The principal data collection instrument employed was a questionnaire. Rigorous measures were taken to validate the content of the questionnaire through expert assessments, and its structural validity was confirmed via factor analysis. Moreover, the reliability of the questionnaire's variables was verified using Cronbach's alpha coefficient. The data analysis phase entailed the application of correlation and linear regression methods, employing SPSS 26 software. The outcomes of the analysis demonstrated that both product innovation and pricing capability wield a positive and substantial influence on the competitive advantage enjoyed by exporting firms, as well as on their overall international performance. Furthermore, the findings indicated that, when considering the mediating role of competitive advantage, product innovation and pricing capability do not significantly impact the performance of exporting companies.

THE ROLES OF PRODUCT INNOVATION CAPABILITY IN MARKETING PERFORMANCE

This study examines the role of product innovation capability in mediating the effect of market sensing capability on marketing performance. The sample data consist of 338 SMEs in the food product industry in Central Java, Indonesia. A model consisting of five hypotheses was proposed and tested. The statistical tests cover the following variables: market sensing capability, product innovation capability, competitive advantage and marketing performance. Structural Equation Modeling was used in the model and hypotheses testing. The results show that the five hypotheses have a positive and significant effect. Product innovation capability has the greatest influence on marketing performance, suggesting its important role in improving marketing performance. The results suggest that in increasing product innovation capability, SMEs must perpetually create and offer new ideas by considering market trends. Second, SMEs must be innovative in creating new food products in terms of both taste and packaging. Third, SMEs need to be the first to offer new products. Finally, SMEs must utilize the advancement of technology to develop food products and their variations.

THE MODERATING EFFECT OF ENVIRONMENTAL DYNAMISM IN THE RELATIONSHIP BETWEEN INNOVATION CAPABILITY AND PERFORMANCE OF MANUFACTURING FIRMS IN NAIROBI CITY COUNTY, KENYA

The manufacturing sector is well known for its significance in upholding the economic prosperity of many nations. However, the manufacturing sector’s contribution to the gross domestic product has been consistently falling across the last few years, giving rise to fears of a premature de-industrialization phenomenon in Kenya. A growing research literature posits that the innovation capability can be considered a theoretical answer to the question of how organizations in various industries are able to achieve and sustain superior performance in turbulent environments. However, scholars still lack a complete understanding of the specific innovation capability that sustain superior firm performance over time in the dynamic environment. The purpose of this study was to examine the moderating effect of environmental dynamism in the relationship between innovation capability and performance of manufacturing firms in Nairobi City County, Kenya. The study employed the correlational, cross-sectional survey research design. The proportionate stratified random sampling technique was used to select a sample size of 228 manufacturing firms from a target population of 526 manufacturing firms in Nairobi City County, Kenya. The Pearson’s product moment correlation analysis results indicated that product innovation capability, process innovation capability, marketing innovation capability and technological innovation capability had positive and significant relationship with performance of manufacturing firms in Nairobi City County, Kenya. The standard multiple regression results showed that product innovation capability, process innovation capability, marketing innovation capability and technological innovation capability had a positive and significant effect on performance of manufacturing firms in Nairobi City County, Kenya. The moderated multiple regression results showed that environmental dynamism had a significant moderating effect on the relationship between innovation capability and performance of manufacturing firms in Nairobi City County, Kenya. The study recommended that it is imperative for the managers to implement innovation capability and strategically manage the environmental dynamism to foster the performance of manufacturing firms. Policy makers should consider initiating policy review to encourage stakeholders to implement innovation capability and strategically manage the environmental dynamism to foster the performance of manufacturing firms. The study pointed to several intriguing paths for future research.

Effect of new generation Ftas onsustainable product innovation: empirical evidence fromvietnamese listed textile firms

Introduction: The covid-19 pandemic has significantly changed consumption habits, with by cutting unnecessary spending on fashion products, and focusing on sustainable products. Therefore, greener textile innovation is currently a rapidly growing trend, bringing new sales and flexible production capabilities. The article presents impact of new generation FTA like EVFTA, CPTPP on sustainable textile product innovation. Problem: Greener production is dominant in several export industries. After the Covid-19 pandemic shifting from fast fashion to sustainable fashion is more and more changing. Objective: The aim of this study is to examine impact directly as well as indirectly the relationship between FTA expectation on SPIC via 2 mediating variable such as environmental regulation and CEO’s perception. Methodology: The study is exploratory research, it was modeled using PLS-SEM to test the relationships in the model. Results: Both Environment Regulation and CEO's perception play an important role as partial mediation in the relationship between FTA expectation and sustainable product innovation capability. Conclusion: This project seeks to generate a change in the behavior of the use towards efficiency and modification of user practices to favor the sustainability standard of the textile and garment firm. Originality: Through this research, integrated and sustainable textile and garment management strategies are formulated for green marketing strategies in Vietnam. Limitations: The lack of information provided by the municipality and access to the sampling points.

Nexus of Government Support, Product Innovation Capability, and Organizational Performance of Manufacturing SMES in Ghana

Nexus of Government Support, Product Innovation Capability, and Organizational Performance of Manufacturing SMES in Ghana

Correction: Gómez-Prado et al. Product Innovation, Market Intelligence and Pricing Capability as a Competitive Advantage in the International Performance of Startups: Case of Peru. Sustainability 2022, 14, 10703

The authors would like to make the following corrections to the published paper [...]

Improving Marketing Performance and Product Innovation Capability through Digital Knowledge Sharing: A Case Study in SME`s Food Processing

The research aimed to examine a mediating role of product innovation capability with customer orientation and digital knowledge sharing to increase marketing performance. The research employed a total of 185 food processing SMEs in Blora, Central Java, Indonesia who often did digital knowledge sharing. They became the respondents of the research selected by using purposive sampling. The research model was tested using multiple linear regression analysis with SPSS software. The results show that product innovation capability is proven to mediate customer orientation and digital knowledge sharing on marketing performance. Furthermore, the research expects that good customer orientation, digital knowledge sharing, and product innovation capability become the beginning of success in achieving and improving the marketing performance of food processing SMEs in Blora during the pandemic so that SMEs can continue to operate and develop. It is necessary for future research to involve some other SMEs from within and outside Blora in order to expand the population and samples.

Enhancing Performance Through MSME Entrepreneurship, Product Innovation Capabilities and Competitive Advantage in Kudus Regency's Culinary Sector


 
 
 
 Research aims: This study is to determine performance improvement through MSME entrepreneurship, product innovation capabilities and competitive advantage in the culinary field of Kudus district.
 Design/Methodology/Approach: This research is a descriptive research. Data was collected from the population of MSME owners and actors in the culinary industry in Kudus Regency. Target sampling is done to target prospective respondents with certain characteristics. Respondent criteria are: Have a micro business that offers culinary products and has been established or operating for at least 1 year and the respondent has a minimum educational background of high school or equivalent. This research was conducted in Kudus Regency by involving 270 respondents. This study also explores factors that can affect business performance, namely: Entrepreneurial orientation, Product innovation capability, and Competitive advantage.
 Research findings: The results of the research show that based on the results of the research there are many things that can be considered important in the Entrepreneurship Orientation process, especially how culinary MSME actors in Kab. Kudus is able to be Entrepreneurial Oriented by cultivating its product innovation capabilities, so that it can create and make new improvements to the merchandise presented so that with continuously developing innovation it can create the right merchandise that is not easily imitated through competition so that someone
 Theoretical contribution/Originality: The novelty of this study is that this test uses the Service Dominant Logic approach. Entrepreneurial Orientation is a multidimensional behavioral concept consisting of an innovation component, an opportunity-taking component, and a proactive attitude component. In the context of this study, there can be aggressive gains.
 Practitioner/Policy implication: Both the government and especially the Kudus area to better improve entrepreneurial performance
 Keywords: MSME Entrepreneurship, Product Innovation Capability, and Performance Improvement
 
 
 
 
 Research aims: This study is to determine performance improvement through MSME entrepreneurship, product innovation capabilities and competitive advantage in the culinary field of Kudus district.
 Design/Methodology/Approach: This research is a descriptive research. Data was collected from the population of MSME owners and actors in the culinary industry in Kudus Regency. Target sampling is done to target prospective respondents with certain characteristics. Respondent criteria are: Have a micro business that offers culinary products and has been established or operating for at least 1 year and the respondent has a minimum educational background of high school or equivalent. This research was conducted in Kudus Regency by involving 270 respondents. This study also explores factors that can affect business performance, namely: Entrepreneurial orientation, Product innovation capability, and Competitive advantage.
 Research findings: The results of the research show that based on the results of the research there are many things that can be considered important in the Entrepreneurship Orientation process, especially how culinary MSME actors in Kab. Kudus is able to be Entrepreneurial Oriented by cultivating its product innovation capabilities, so that it can create and make new improvements to the merchandise presented so that with continuously developing innovation it can create the right merchandise that is not easily imitated through competition so that someone
 Theoretical contribution/Originality: The novelty of this study is that this test uses the Service Dominant Logic approach. Entrepreneurial Orientation is a multidimensional behavioral concept consisting of an innovation component, an opportunity-taking component, and a proactive attitude component. In the context of this study, there can be aggressive gains.
 Practitioner/Policy implication: Both the government and especially the Kudus area to better improve entrepreneurial performance
 
 
 
 
 
 
 
 

Unveiling the effects of big data analytics capability on innovation capability through absorptive capacity: why more and better insights matter

PurposeDespite the increase in studies focused on analyzing the potential of big data analytics capability (BDAC) as a driver of product and process innovation, it is still necessary to understand how the use of insights generated by BDAC in innovation may be maximized through articulation with individuals' intellect and other processes involving the assimilation and transformation of knowledge. This study thus aims to analyze the impact of BDAC's deployment on innovation capability (IC – process and product innovation capabilities), taking absorptive capacity (AC) as mediating variable in this relationship.Design/methodology/approachStructural equations were used to test the research model with survey data from 112 firms located in an emerging country that is one of the digital transformation leaders in the region.FindingsThe results show that 37% of process IC variance is explained by the indirect relationship via the variable mediator (AC), while in the case of product IC this percentage is 34%.Originality/valueThese results allow us to ascertain the extent to which individuals continue to be relevant to generating product and process innovation in the digital age at a time when the literature anticipates a total loss of prominence due to the arrival of new digital technologies. However, in the case of the relationship between BDAC and ICs, the existence of a partial mediation of AC indicates that individuals continue to play a role that, albeit not being the most prominent, remains relevant in ensuring that a company maximizes the assimilation and transformation of the insights generated by BDAC in new products and processes.

RESEARCH ON PRODUCT INNOVATION OF CHINESE TRADITIONAL CRAFT ENTERPRISES

Their route of advancement will be limited if they adhere to strict orthodoxy, and innovation is challenging. To examine the mechanism of product innovation in traditional craft firms in China, this research looks at the management and staff of front-line businesses. This study examines the structural relationship between social capital and product innovation capability from the perspective of social capital. It also examines the connection between learning orientation, social capital, and product innovation capability. Finally, it examines the moderating role of cross-border search on the influence of learning commitment on product innovation capability. The findings indicate that learning orientation and its three dimensions mediate the relationship between social capital and product innovation ability, and cross-border search positively modifies the relationship between learning orientation and its three dimensions and product innovation ability. Social capital and its three dimensions have a significant impact on product innovation ability. This study offers a useful reference for the management style of Chinese traditional craft firms based on theoretical research.

Uncovering The Relationships Between Strategic Capability, Strategic Flexibility, And Performance

Abstract.
 
 Strategic flexibility and strategic capability are seen as strategic activities carried out by companies to compete and adapt to the business environment to achieve the expected performance. The objectives of this research are: (1) examine strategic flexibility, strategic capability, and performance by emphasizing their relationships, dimensions and roles of context (2) identify the relationship between strategic flexibility, strategic capability and performance that can be used for future theory development. This research uses bibliometric analysis to map how strategic flexibility, strategic capability and performance intended from several previous journals using VOSviewer. This research concludes that implementing strategic flexibility and strategic capability will result in effective relationships and good firm performance although strategic flexibility is not directly related to the strategic capability. Performance mediates the influence between strategic flexibility and strategic capability. The strategic flexibility is influenced by product innovation, absorptive capacity, and dynamic capability, in the other hand, strategic capability is influenced by network capability. The implication of this research are following researches can add literatures and new theories on the strategic flexibility and strategic capability so that research and discussion on this object can continue to grow.
 
 Keywords: Strategic Flexibility, Strategic Capability, Performance

Effects of Innovation Capabilities on Organisational Sustainability: Evidence from an Emerging Economy

The role of businesses in sustainable development gained increasingly more importance, together with the increasing speed of technological advancements, in addition to the economic effects of climate change, pandemics, disasters, and wars. The capabilities of businesses allowing them to adapt to environmental conditions to use their resources and turn them into productive outputs efficiently are considered critical factors in achieving sustainable competitive advantage. Therefore, the present study aimed to determine the effects of businesses’ marketing, process, organisational, and product innovation capabilities on corporate sustainability. The data used in the present study, which has an explanatory research design, were collected from managers of 452 SMEs in an emerging economy (Turkey) using the non-random quota sampling method. During the data collection, a survey was carried out on the manufacturing firms operating in Kocaeli, Sakarya, Düzce, Yalova, and Bolu provinces in a region called TR42 in the Eastern Marmara region, which is an important industrial region in Turkey. During the data analysis, SPSS was used to obtain the descriptive statistics, and AMOS to obtain the inferential statistics. Within this context, covariance-based Structural Equation Modelling (SEM) was utilised to test organisational sustainability’s causal relationships with variables constituting the innovation capabilities. The results achieved here suggest that marketing, process, corporate, and product innovation capabilities have an effect that increases organisational sustainability. Furthermore, the results indicate that marketing innovation capability had a higher impact on organisational sustainability than other capacities constituting the innovation capability. The present study offers important interpretations and conclusions for businesses which operate in an emerging economy at the level of SME to improve their sustainability objectives in terms of resource, capability, and environmental adaptation.

Why do market orientation, product innovation capability, marketing performance, and competitiveness of small and medium-scale enterprises differ

Why do market orientation, product innovation capability, marketing performance, and competitiveness of small and medium-scale enterprises differ

The impact of user entrepreneurship mode on entrepreneurship performance

This paper discusses the formation process of user entrepreneurship model and its impact on entrepreneurship performance with the case of private cinema. At the same time, use the performance of specific cases to summarize and summarize how the user's entrepreneurial ability and entrepreneurial intention affect the formation path of the entire process of the user's entrepreneurial model, and complete the impact on entrepreneurial performance under the role of relevant variables. The research shows that high user entrepreneurial ability and entrepreneurial willingness promote the formation of independent user entrepreneurial model, and promote the transition from survival performance to growth performance in the process of both increasing, that is, independent user entrepreneurial model promotes the transition from user entrepreneurial survival performance to growth performance. Finally, user entrepreneurship can improve innovation performance and promote the innovative development of private cinemas through personalized design of product portfolio, diversified development of profit methods, and networked embedding of product and service innovation capabilities.

Dashboard Visualisasi Data UMK Sebagai Alat Pengambilan Keputusan Menggunakan Microsoft Power BI

SME empowerment will directly increase productivity, increase people's per capita income, and provide jobs more evenly. Small Micro Enterprises contributed Rp 2,121.3 trillion to Gross Domestic Product from base Rp 335.1 trillion in previous year with a percentage of 53.6%. SMEs are currently faced with a very high product competitiveness era, relatively short product life cycles following market trends, and relatively fast product innovation capabilities. The lack of sources of capital is the main problem currently facing SMEs in Indonesia. By looking at the opportunities, challenges, and threats faced by MSEs in Indonesia, it is necessary to design a system that functions as a decision-making tool for interested parties. So the purpose is to design a dashboard using Business Intelligence as a decision-making tool. The method used to design this dashboard is ADDIE using Microsoft Power BI. The design result is a visualization dashboard for MSEs in Indonesia based on the number of businesses in the green economy sector, the number of businesses in all sectors, the number of workers, the amount of income, and the amount of expenditure. The results of this visualization dashboard can be a reference for investors to give funds to increase SME’s size and competitiveness.

The relationship between knowledge management strategies and corporate social responsibility: Effects on innovation capabilities

This study analyzes relationships between knowledge management (KM) strategies and company Corporate Social Responsibility (CSR). In particular, and based on knowledge-based and stakeholder theoretical perspectives, this paper focuses on specific connections between KM exploration and exploitation strategies and typical dimensions of a company's CSR performance -economic, social, and environmental. These connections suggest a different KM orientation of firms trying to take advantage of both long and short-term strategies based on either environmental, social, or economic goals for CSR. These relationships are reflected in different hypotheses that were tested by means of a structural equations model in a sample of Spanish firms from the renewable energy sector. The study findings show that KM exploration initiatives are closely related to social and environmental commitment to CSR, whereas KM exploitation initiatives are more related to economic CSR. Moreover, the social dimension of CSR is strongly associated to product innovation capabilities, while the economic dimension of CSR contributes in a greater extent to the development of process innovation capabilities. From these results, the study's discussion centers on how KM strategies and a firm's CSR orientation should be coherent in order to collect specific knowledge from stakeholders for the improvement of innovation capabilities. The study concludes by providing new insights about the relationship between KM and CSR dimensions as determinants of a firm's innovation capability development.