Radical Product Innovation Research Articles

기업가지향성이 비즈니스 프로세스 혁신을 통해 혁신성과에 미치는 영향

The manufacturing sector in Korea had a more severe fall in labor productivity during the global financial crisis than most OECD countries. As a result, the manufacturing sector in Korea is in danger of becoming less competitive. Additionally, due to the Fourth Industrial Revolution and the advancement of intelligent technology, several forms of corporate innovation are becoming more significant. The assessment is that, in light of the alterations in the external milieu and the circumstances confronting the Korean manufacturing sector, domestic manufacturing enterprises must fortify their entrepreneurial orientation and enhance their capacity for innovation to augment the efficacy of their innovation endeavors. As a result, this study looked at the relationship between entrepreneurial orientation and product innovation and considered business process innovation as a multifaceted innovation skill. This study's empirical testing used the Science and Technology Policy Institute's 2020 Korean Innovation Survey data on manufacturing industries. It was discovered that, as a result of business process innovation, entrepreneurial attitude positively impacted product innovation. Furthermore, incremental product innovation was positively impacted by entrepreneurial attitude, whereas radical product innovation was negatively impacted.

NETWORK ORIENTED ENTERPRISE – CHARACTERISTICS, COMPONENTS AND BENEFITS: COMPREHENSIVE LITERATURE REVIEW

The concept of network based economy refers to the interconnectivity of the current business environment, in the context of the global economy, where the main way of progress is given by the participation in a network. On the other hand, the network orientation of a business organization has as a priority its integration within physical or virtual networks, in order to increase its efficiency, acquire new information and finally achieve competitiveness. This paper carries out an extensive literature review, and it will explain different characteristics related to the two concepts, as well as their components. Thus, the present research is of a theoretical nature, carried out in a qualitative manner, because a series of articles from the scientific literature have been analyzed. Also, this study will identify the benefits of an organization orientation towards business networks in order to facilitate incremental and radical product, service and process innovation, as a result of the fact that innovation has a high importance for a company in order to ensure its competitiveness in a sustainable manner in the turbulent economic environment in which it operates. Moreover, the benefits of focusing on business networks are also propagated on the processes of ensuring efficient human resources at company level, as a result of the fact that the dynamic economic environment brings with it a need to correlate employees' skills with the new needs existing in the business environment. Thus, business organizations must be constantly on the lookout for best practices in human resources, which is made easier by their participation in networks. Finally, the main benefit of this research is the providing a new perspective on a company's business network orientation.

Analysis of the Influence of Radical Product Innovation on Market Orientation, Market Capabilities, and Electronic Integration in Gadget Technology

Analysis of the Influence of Radical Product Innovation on Market Orientation, Market Capabilities, and Electronic Integration in Gadget Technology

Technological sensing and response capabilities as drivers for radical innovation in the context of apocalyptic uncertainty

This paper introduces a new conceptual model to examine the impact of technological opportunism (technology sensing and response capabilities) on the adoption of incremental and radical technological innovation by small and medium enterprises (SMEs). We tested our hypotheses with data from 228 Indian SMEs using a symmetric method of partial least square structural equation modeling (PLS‐SEM) and the asymmetric method of fuzzy–set qualitative comparative analysis (fsQCA) followed by sensitivity analysis done by an artificial neural network (ANN) modeling. PLS‐SEM results highlighted the roles of technology sensing and response capabilities as key drivers of both incremental and radical product innovations and the strengthening of these relationships by market uncertainty triggered by external events and crises. Apart from this, the results of fsQCA demonstrated multiple configurations of dimensions associated with the adoption of technological innovations by SMEs. This paper extends the current literature by exploring the process by which SMEs may adopt different types of technological innovation. Our findings also have useful implications for SMEs aiming to adopt technological innovations.

Effects of the UNE 166.002 standards on the incremental and radical product innovation and organizational performance

PurposeThe purpose of the study has been to fill the gap detected in the literature and to analyze whether the application of management of R&D in accordance with UNE 166002:2021 allows companies to obtain higher product innovation and better performance, specifically incremental and radical product innovations.Design/methodology/approachThe population used in this study included Spanish manufacturing organizations that were active, had more than 50 employees according to the SABI. The information was collected through a structured questionnaire previously tested using a company specializing in the sector under the supervision of the authors. A total of 1,154 companies were randomly contacted in order to reach an acceptable number of 225 valid questionnaires. The data analysis has been carried out with structural equation methodology.FindingsThe results obtained with a sample of 225 companies show that the application of this standard for innovation management promotes the development of new products with incremental and radical changes, and improves business performance. It has also been found that incremental and radical product innovations mediate the relationship between this standard and performance.Research limitations/implicationsFirstly, the survey is only addressed to the company's operations manager. Secondly, the sample used is cross-sectional, whereas innovation management implies a broad implementation process.Practical implicationsManagers must know that radical and incremental product innovation can improve the company's operational performance. And the most direct implication of this work is that, those companies that are committed to the development of innovations should seriously consider the application of the principles incorporated in Standard 166,002, as an instrument that improves the results of innovation in the organization. Since this SIMS promotes both types of innovations, it improves results directly and indirectly through these product innovations.Originality/valueThe existing literature indicates that no empirical study has focused on the benefits of this SIMSs for innovation and BP. This paper fills this gap detected in the literature and analyzes the results of the implementation of this standard on incremental and radical product innovations and business performance.

(Invited) Novel Materials for Future Li-Ion Batteries

Advancements in the capabilities of lithium-ion batteries have slowed down in the last decade. As conventional electrode materials approach their theoretical limits, substantial gains in battery energy density only come as a trade-off in safety or performance. This talk will discuss how replacing conventional active and inactive materials will significantly improve performance, drastically reduce the cost of Li-ion batteries, and pave the way for renewable energy technologies. For example, Sila's innovative drop-in-replacement nanocomposite silicon-based anode powder offers over five times higher gravimetric capacity than graphite, permits both fast charging and over 20% more energy density today over state-of-the-art lithium-ion, and enables radical product innovation - all without compromising performance. Most importantly, this material has been shipping for over a year and is scaling up for massive electric vehicle (EV) use by mid-decade.With Sila’s industrialized and scaled scientific innovation, wearables, portable electronics, and EV manufacturers can create breakthrough products today that will minimize our environmental impact tomorrow. This talk will also provide multiple examples of lightweight conversion-type cathodes, flexible ceramic separators, and other technologies that may become instrumental for the transition to a clean and energy-sustainable economy.

The effect of internal quality integration on financial performance: the mediating role of product innovation

PurposeThis study aims to examine the joint effect of internal quality integration and product innovation on financial performance by considering the mediating roles of incremental and radical product innovation.Design/methodology/approachA theoretical framework was developed using the organizational capability view. Based on empirical survey data collected from 209 Chinese manufacturing firms, this research uses structural equation modeling and the bootstrapping method to test hypotheses.FindingsThe results show that internal quality integration positively impacts incremental and radical product innovation and financial performance. Further, incremental product innovation can promote radical product innovation. Both incremental and radical product innovation partially mediate the relationship between internal quality integration and financial performance.Practical implicationsThe findings provide practical guidance for manufacturing companies to engage in quality integration and product innovation. Managers should encourage the internal functional departments to coordinate quality integration while promoting incremental and radical product innovation to occupy a larger market and achieve higher performance.Originality/valueThis research contributes to the literature in two ways. First, this study expands the theoretical research framework of the joint effects of quality integration and product innovation on financial performance. Second, through testing the mediating role of product innovation, this study provides empirical evidence for the intermediate role of internal quality integration for improving financial performance.

Social media analytics and product innovation: mediating effects of knowledge exploration and exploitation competences

PurposePrior research on business analytics has advanced substantially our understanding of how social media analytics affect business performance. However, the specific value of social media analytics to product innovation has not been fully explored and appreciated. To address this important issue, the present study draws on the resource-based view and the knowledge-based view to examine (1) whether the use of social media analytics strengthens radical product innovation to a greater extent than it does incremental product innovation and (2) how knowledge-exploration competence and knowledge-exploitation competence mediate the influence of social media analytics on radical and incremental product innovation.Design/methodology/approachThis study tested the proposed model using data collected from 205 manufacturing firms. Structural equation modeling was applied to test the research hypotheses using LISREL 8.80 software program.FindingsThe statistical findings provide compelling evidence that the use of social media analytics is more likely to lead to radical product innovation than to incremental product innovation. In addition, knowledge-exploration competence only partially mediates the relationship between social media analytics and radical product innovation. Knowledge-exploitation competence not only partially mediates such a relationship, but also fully mediates the link between social media analytics and incremental product innovation.Originality/valueThis study contributes to the social media analytics and innovation literature by offering novel theoretical and empirical insights into how firms can leverage the value of social media analytics to create superior product innovation.

Radical innovations as supply chain disruptions? A paradox between change and stability

AbstractSupply chains withstand multiple tensions, and some of which are paradoxical. Radical product and process innovations bring such tensions to the forefront by disrupting supply chains. Using two illustrations, this article considers the paradoxical tension between change and stability in upstream supply chains, which becomes particularly salient after radical innovation. Furthermore, the article discusses why and how paradox theory can help firms understand and manage this pressing tension between stability and change. This article then presents future research opportunities for using paradox theory to investigate other persistent post‐innovation tensions in upstream supply chains. The aim of this article is to encourage new studies that develop responses to such paradoxical tensions, an area ripe for research.

A taxonomy of European innovation clubs

The paper provides a novel, empirically grounded map of innovation ‘clubs’ in the EU, based on a unique analysis of micro-aggregated, country-level data. Using exploratory factor analysis we articulate innovation variables in a taxonomy of four ‘latent’ innovation theories: Network-Innovation-System, Kaldorian, New-Growth-Theory, and Schumpeterian. We then characterise clusters of countries (‘clubs’), based on their performance against this taxonomy, and design a new map of EU innovation clubs. We identify an articulated map of EU innovation hierarchy beyond the rather well-known ‘core-periphery’ structure, and interpret how some of the peripheries are functional to the ‘consolidated core’ of innovative countries, raising an issue of long-term sustainability of such hierarchies. We also find that even the most innovative clusters show concerning weaknesses. The strongest cluster in terms of its innovation system does not seem to exploit its full potential and lags behind with respect to radical product innovations. Instead, the leading cluster in terms of radical product innovations is strongly dependent on external innovative activity, is focused on scale-intensive sectors, and has a fairly weak innovation system. The periphery of small countries that show a healthy network structure, do so because they mainly include supplier-dominated firms, reliant on innovation inputs from the core. We offer some reflections on innovation policy within a broader view of EU cohesion.

Green Innovation Strategies, Innovation Success, and Firm Performance—Evidence from a Panel of Spanish Firms

This paper examines the effects of adopting types of green innovation strategies on a firm’s innovation success and performance. The empirical analysis applies propensity score and kernel matching to a Spanish firm panel during 2008–2016. The results provide robust evidence that the pursuit of green innovation strategies increases a firm’s innovation success in the form of higher turnover due to new-to-market, or radical product innovation compared with innovating firms that do not adopt green innovation strategies. However, despite this positive effect on the competitiveness of firms that adopt green innovation strategies, they are generally little able to benefit in terms of their performance. While the results suggest improvements in the labour productivity of firms that adopt general green innovation strategies, no effects are experienced by firms that adopt green product innovation strategies. Moreover, the results suggest the absence of any firm performance benefits in terms of turnover or employment growth. These findings indicate that markets do not provide ‘win-win’ situations, and policy intervention is critical to support green innovation strategies.

The complementary effect of quality management and proactive market orientation on radical product innovation under environmental uncertainty

The complementary effect of quality management and proactive market orientation on radical product innovation under environmental uncertainty

The complementary effect of quality management and proactive market orientation on radical product innovation under environmental uncertainty

The complementary effect of quality management and proactive market orientation on radical product innovation under environmental uncertainty

Enhancing green radical product innovation through sustainable entrepreneurship orientation and sustainable market orientation for sustainable performance: managerial implications from sports goods manufacturing enterprises of China

In the scenario of grappling the ecological threats and challenges, when the organizations have entrepreneurial and market orientations, they will make the organizations innovate their product offering in accordance with sustainability principles, whereas it will also assist them in excelling towards achieving a higher level of sustainable performance. Hence, the current study explores the role of sustainable entrepreneurial and market orientations in improving innovation and sustainability, in the context of Sports manufacturing organizations belonging to China. Through the survey methodology, the current study analyzed the data from 318 professionals from Chinese sports manufacturing companies, upon which ‘Partial Least Squares-Structural Equation Modeling’ is applied for hypotheses testing. The analysis results in a positive association of ‘Sustainable Entrepreneurship Orientation’ and ‘Sustainable Market Orientation’ with ‘Green Radical Product Innovation’ and all of the three elements of Sustainable Performance. In addition, ‘Green Radical Product Innovation’ is also reported to increase all three elements of Sustainable Performance. Based on the findings, the sports manufacturing organizations are recommended to re-visit their organizational strategies by incorporating the elements of sustainability in their objectives.

Radical and Incremental Innovations as Critical Leveragers of a Firm's Financial Performance: Best Practices from Tesla and Toyota

Even if the rippling effects of radical and incremental innovations often bolster a firm's overall effective financial performance, managing all kinds of innovation activities is often not a linear process that induces the desired outcome and profitability levels. Thus, given the high rivalrism in the global car market, this paper offers a critical analysis of Tesla and Toyota's radical and incremental innovation management strategies so as to extract the best practices that can be emulated by other innovation ventures to bolster their competitiveness and financial performance. Methodology used in such analysis entailed a systematic review and synthesis of the existing online data, academic journals and textbooks on Tesla and Toyota's radical and incremental innovation management strategies. Combined with the interview of twenty personnel from car dealers in Aberdeen, Edinburgh and Glasgow in Scotland about their perceptions of Tesla and Toyota's innovative products, outcomes of such systematic review were triangulated with the core radical and incremental innovation management theories to discern how they offer coherent explanation of Tesla and Toyota's innovation space and management strategies. Though Tesla and Toyota seem to use similar radical and incremental innovation management strategies of search, select, implement and capture, Toyota was still found to have a radical product innovation disadvantage that undermines the development of better EVs to counter Tesla's premium EVs. Similarly, Tesla also has a radical process innovation deficiency that affects the development of cheaper and affordable EVs to further erode Toyota's market dominance. Given such findings, the paper highlights some of the best radical and incremental innovation management practices that can be emulated by different innovation ventures to create, deliver and capture the desired innovation values that can bolster their overall competitiveness and financial performance.

SUPPLIER COLLABORATION PRACTICES AND PRODUCT INNOVATION MANAGEMENT

The study assessed the effect of supplier collaboration on product innovation. In addition, most studies that examine the relationship fail to highlight the effect of the individual practices of supplier collaboration on product innovation, and are on developed nations. A descriptive research design and a cross-sectional survey approach was adopted to distribute questionnaire copies to the respondents. A sample of 29 firms was selected from a population of thirty-eight 38 big manufacturing firms and the analysis was done using descriptive statistics and structural equation model. The results reveal that product innovation is greatly influenced by supplier collaboration, however, only incremental product innovation is influenced. Radical product innovation is not influenced by supplier collaboration, though resource sharing practice influenced it exclusively. The study reveals the effect of exclusive supplier collaboration practices on product innovation and the model could be replicated in other developing nations to see if the outcome will be similar.

Can market knowledge lead to radical product innovation performance? The double-edged sword effect of absorptive capacity

PurposeThis paper examines the effect of market knowledge on market success of product innovativeness and the moderating role of absorptive capacity. We separated market knowledge into market diversity and market significance components and examined their effects on radical product innovation performance.Design/methodology/approachThis paper adopted the secondary database study. Excluding cases with missing values of main variables, a total of 1,219 Taiwanese manufacturing firms from the Third Taiwan Technology Innovation Survey (TTIS3) database were used to test the hypotheses. A moderated hierarchical regression approach was utilized to analyze the data.FindingsThe results revealed that the relationship between market diversity and radical product innovation performance is a predominantly positive concave downward curve. In contrast, the relationship between market significance and radical product innovation performance is a predominantly negative concave downward curve. Furthermore, the results also indicated that absorptive capacity has different moderating effects on the relationships between market diversity/significance and radical product innovation performance. Absorptive capacity enhances the negative effect of market significance but suppresses the positive effect of market diversity on radical product innovation performance.Originality/valueThis paper is the first research which contributes to examining the relationship between market knowledge and radical product innovation sale performance.

Competitive Green Supply Chain Transformation with Dynamic Capabilities—An Exploratory Case Study of Chinese Electronics Industry

Extant studies identify different strategic approaches for businesses to integrate environment management (EM) into corporate supply chain management (SCM) to create different competitive market advantages. With increasing market uncertainties, stakeholder complexities, constraints of resources, companies nowadays are required to develop more context-specific solutions for mitigating sustainability risk and improving market performance in supply chain sustainability practices. To address the challenges faced by businesses, this study aims to explore how a company adapts green supply chain strategies for a competitive transformation. Specifically, we aim to identify different green supply chain capabilities that form hybrid choices of green solutions for a company to leverage an adaptive green shift. Through an extensive literature review, this study proposes a conceptual framework for exploration which is based on a qualitative in-depth case study in the electronics industry—one of the most polluting manufacturing sectors in China. The findings show that supply chain characteristics play a significant role in the selection of different green SCM solutions by businesses. We find different hybrid choices of strategic decisions are being made by the case company operating with high-volume and high-value supply chains respectively. High-volume supply chains adopt both operational pollution and waste control strategies and incremental green product strategies to balance cost of operational change and develop a competitive eco-efficient market expansion. In contrast, high-value supply chains adopt radical green product innovation strategies and operational waste prevention strategies to balance cost of product innovation and build operational efficiency to expand in a competitive eco-differentiation market. A mix of dynamic capabilities involved in different supply chain green transformations are also identified.

Effects of open climate on innovation radicality in SMEs: relevance of hidden innovation

PurposeOpen innovation is an issue that has aroused great interest in recent years. The need to create an environment that facilitates the creation of ideas is essential for the implementation of a series of changes in organizational practices and routines that lead to the launch of new products. However, due to the more behavioral nature and the lesser externalization of these changes introduced in the company's internal processes, how this process occurs has not been studied in depth. The objective of this study is to analyze the effect of an open innovation climate on both incremental and radical product innovation. Moreover, it specifically analyzes the mediating role played by hidden innovation in this relationship.Design/methodology/approachThe methodology used in this study was based on a survey of 213 Spanish SMEs, subsequently applying the structural equation methodology to contrast the results.FindingsThe results indicate that open innovation climate offers significant competitive advantages to SMEs. First, the open innovation climate in SMEs favorably influences product innovation (both incremental and radical). Secondly, it is observed that hidden innovations are essential to obtain product innovations. Finally, evidence of the mediating effect of hidden innovation has been obtained.Research limitations/implicationsAlthough the literature often focuses on visible innovation, materialized in product development, this study demonstrates the importance of other types of innovations that are necessary to launch new products. This is especially relevant for SMEs that, with limited resources, must be creative enough to involve their personnel in introducing changes that will lead to new products. This paper attempts to strengthen the previous literature on hidden innovation by contributing to the understanding of how SMEs improve their innovative processes. However, the study has the limitations derived from using a single informant to obtain data, using subjective-type scales and being a cross-sectional research.Practical implicationsManagers of SMEs involved in innovation processes should favor the creation of an open innovation climate and invest in organizational innovation. Governments should promote policies to support hidden and open innovation.Originality/valueThe main interest of this work is based on the importance of hidden innovation for the development of innovations. This study shows how organizations must make a series of organizational changes prior to the implementation of more visible innovations materialized in products. For this task, the creation of a favorable climate for the development of new ideas becomes a fundamental task. On the other hand, this study has focused on SMEs, which tend to have fewer means for the development of the right conditions for innovation and are often more neglected by scientific research.

Practical aspects of the organizing activities to manage the creation of radical product innovations in science-intensive enterprises

Practical aspects of the organizing activities to manage the creation of radical product innovations in science-intensive enterprises