Role Of Innovation Management Research Articles

The Role of Innovation Management in Creative Economy-Based Product Development in West Java Province

This study conducts a comprehensive bibliometric analysis of the field of entrepreneurial ecosystems, mapping the evolving landscape of research from 1995 to 2024. Utilizing VOSviewer for visual network analysis, the research identifies central themes, examines co-authorship and institutional collaboration networks, and highlights the temporal progression of key topics. The findings reveal "entrepreneurial ecosystem" as a nexus connecting diverse research themes such as innovation, economic growth, and sustainability. Significant emphasis is placed on the integration of digital technologies and sustainability within entrepreneurial practices, reflecting shifting academic and practical priorities. The analysis of co-authorship networks shows robust collaboration among leading scholars and institutions, predominantly from Western regions, with increasing contributions from a global cohort. The study underscores the importance of incorporating diverse perspectives to fully understand the multifaceted nature of entrepreneurial ecosystems and suggests future research directions focusing on digital transformation and sustainability in entrepreneurship.

THE EFFECTS OF WORK-LIFE BALANCE, ORGANISATIONAL LEARNING CAPABILITY, AND TRANSFORMATIONAL LEADERSHIP ON PRODUCT INNOVATION PERFORMANCE

This study significantly advances innovation management literature by analysing the impact of work-life balance (WLB), organisational learning capability (OLC), and transformational leadership (TL) on product innovation performance (PIP). By employing Partial Least Squares Structural Equation Modelling (PLS-SEM) combined with Necessary Condition Analysis (NCA), it clarifies the roles of these variables in Brazil’s manufacturing sector. Data from 332 organisations revealed that OLC and TL are vital for enhancing PIP, while WLB, though not directly influential, is crucial for innovation. This finding offers a new understanding of WLB’s role in innovation management and highlights the complexity of factors driving product innovation. Integrating NCA with PLS-SEM, this research enriches theoretical debates and provides practical insights for optimising innovation strategies. It fills a gap in the literature by analysing how these key factors interact to impact PIP, contributing to both academic research and practical innovation management.

ASSESSMENT OF THE IMPACT OF GLOBALIZATION ON THE REGIONAL DEVELOPMENT OF INNOVATION CLUSTER

The article delves into the complex dynamics of innovation clusters moving through the complex landscape of global trends and challenges inherent in the comprehensive process of globalization. The multifaceted influence of global factors on the evolution of innovation clusters within the framework of the modern economic situation is also meticulously studied. In the course of the analysis, a special emphasis has been placed on a detailed examination of the challenges arising as a result of the current processes of globalization and the rapid development of innovative technologies. The present research identifies the key role played by innovation clusters as integral components of regional development and essential contributors to the tangled web of global production chains. One of the most important findings is the reconciliation of local and global interests in the circumstances surrounding the establishment and operation of innovation clusters. It has also been determined that globalization is a stimulus for innovative development and the emergence of new challenges to ensure the sustainable competitiveness of regional clusters in the global economic environment has been substantiated. It is noted that countries where innovation clusters demonstrate successful integration into global production chains actively use the advantages of globalization to develop their regional innovation systems. The primary purpose of the analysis was to determine the factors contributing to the successful integration of clusters into global processes. These factors include effective cluster management, the development of a flexible innovation strategy, and the ability to adapt to changes in the global economic environment. The role of innovation management in the context of globalization is considered separately, in particular, the need for constant monitoring and analysis of global innovation trends.

The Role of Innovation Management and Business Strategy to Boost the Sustainable Performance of Islamic Bank in Indonesia

Purposes: In terms of asset share and market share, Islamic banks in Indonesia continue to perform worse than conventional banks. This contrasts with the majority Muslim population in Indonesia. Considering, this research is aimed at investigating the influence of innovation management and business strategy on the performance of Islamic banks in Indonesia. Theoritical Framework: This study employs a causal research approach. With a quantitative methodology and cross-sectional data collection, explanatory research was conducted. Exogenous variable in this research is innovation management and business strategy. The endogenous variabel in this reasearch is Sustainable Islamic Bank Performance. Design/Methodology/Approach: This study's unit of analysis is the Islamic banking service industry. The survey includes a sample of 197 Islamic banks., including Islamic Commercial Banks, Islamic Business Units, and Islamic People Financing Banks, according to data from the Financial Services Authority (OJK). The unit of observation or respondent is the management/top management of each of these banks. The number of samples taken was 75. The measurement scale employed an ordinal scale based on the Likert technique. For data analysis, the SEM (Structural Equation Modeling) technique was utilized. Result: Business strategy and innovation management have a significant impact on the sustainable performance of Islamic banks in Indonesia, according to the results of a test of hypotheses. Innovation management has a greater impact on the performance of Islamic banks than business strategy. Research, Practical and Social Implications: The managerial ramifications of this study's findings are that the management of Islamic banks must reconsider and reformulate their business strategies to be more in line with current conditions, as well as develop innovative management in line with the ever-changing technological trends. Originality/Value: The novelty of this study is that innovation and strategy in Islamic Banks are important aspects that empirically influence the sustainability performance of Islamic Banks. Aspects of innovation and strategy are important when managing Islamic Banks so that they can grow and obtain positive profits.

INFLUENCE OF MONETARY POLICY INSTRUMENTS AND INDICATORS ON DYNAMICS OF FINANCING INNOVATION: EMPIRICAL EVIDENCE

Today innovations are drivers of countries’ economic growth, competitiveness, security, and sustainable development. Financial policy and its instruments play a significant role in innovation management, and monetary instruments are one of the most important components of financial policy. Therefore, the necessity of increasing the efficiency of financial support for innovation development actualizes the study of the impact of the monetary policy instruments and indicators on the level of financing innovation. The aim of the article is to improve the scientific basis for the study of the impact of monetary policy instruments and indicators on the dynamics of financing innovation based on empirical evidence. Information basis of the research was formed from the data for Ukraine and 12 post-soviet and other countries with similar starting economic conditions for 2010-2019, taking into account the availability of statistics from the International Monetary Fund, the World Bank, and the central banks for the whole investigated indicators at the time of the study. The software base included Excel and STATA. The methods of regression (linear regression model with panel-corrected standard errors) and correlation analysis (calculating Pearson and Spearman coefficients) were applied to identify a relationship between monetary instruments and indicators and indicator of financing innovation, confirm the hypothesis about the impact of the monetary instruments and indicators on the financing innovation and formalize this effect. To strengthen the country’s innovation development, it is proved the expediency of lowering the discount rate and real interest rate, increasing “broad money” on general reserves, and increasing liquid reserves on bank assets, as well as the transition to inflation targeting. According to the calculations, for all monetary instruments and indicators, except the discount rate, the directions of influence in Ukraine and the panel from 12 other countries were opposite. This one confirms that monetary instruments in Ukraine are not fully performing their regulatory function, in the context of stimulating innovation development.

The role of innovation management in managing the competitiveness of enterprises in world markets

The role of innovation management in managing the competitiveness of enterprises in world markets

Особливості інноваційного менеджменту в діяльності міжнародних компаній

The article considers the role of innovation management in the enterprise on the experience of foreign companies. The essence of innovation management, its tasks and functions are substantiated. Innovation management - is one of the areas of strategic management, carried out at the highest level of the organization. Its purpose is to determine the main directions of production and scientific and technical activities of the enterprise. This is primarily the development and implementation of new technology and products, modernization and improvement of products and technology, further development of production of traditional products and withdrawal from production of obsolete products. Innovation management is characterized by goal setting and strategy selection, as well as four stages of the cycle: planning, setting conditions and organization, implementation, leadership. The allocation of functions in innovation management is due to the diversity of management activities in the chain idea - research - development - design - production - implementation of innovations. Under the functions of management means the type of activity that is necessary for the implementation of the general objectives of innovation management. On the example of foreign companies: Whirlpool, General Electric, DuPon, Visa the results of the introduction of innovation management are shown. The practice of the leading companies of the developed countries of the world shows that their success is connected with the development of a holistic system of innovation management, which is in constant and continuous development in accordance with changes in both the organization and the external environment. These companies create such an innovative structure and management culture in which the directions of innovative development are integrated into general strategic plans related to the constant development of promising new products and the creation of new business areas. Innovation management creates a long-term advantage if it meets one or more of three conditions: innovation is based on a new principle that challenges the orthodoxy of management; system innovation, covering a number of processes and methods; and this is part of the current program of the invention, where progress is combined with the passage of time.

A MODEL OF CREATIVE HERITAGE FOR INDUSTRY: DESIGNING NEW RULES WHILE PRESERVING THE PRESENT SYSTEM OF RULES

AbstractIn industry, there is at once a strong need for innovation and a need to preserve the existing system of production. Thus, although the literature insists on the necessity of the current change toward Industry 4.0, how to implement it remains problematic because the preservation of the factory is at stake. Moreover, the question of the evolution of the system depends on its innovative capability, but it is difficult to understand how a new rule can be designed and implemented in a factory. This tension between preservation and innovation is often explained in the literature as a process of creative destruction. Looking at the problem from another perspective, this article models the factory as a site of creative heritage, enabling creation within tradition, i.e., creating new rules while preserving the system of rules. Two case studies are presented to illustrate the model. The paper shows that design in the factory relies on the ability to validate solutions. To do so, the design process can explore and give new meaning to the existing rules. The role of innovation management is to choose the degree of revision of the rules and to make it possible.

The evaluation of the impact of innovation management capability to organisational performance

PurposeThe purpose of this study is to investigate the impact of innovation management capability on organisational performance. Based on the resource-advantage theory, this study addresses: “To what extent do intellectual and emotional assets influence marketing management capability which loads to the organisation’s performance?”Design/methodology/approachTo understand the research objectives, the data was collected via 35 in-depth interviews with managers and academics from various multi-national companies and new empirical insights were offered.FindingsThis study recognised three components of intellectual and emotional assets (knowledge and competence; digital technology; and reputation) and their influences on business performance.Research limitations/implicationsThe focus on small- and medium-sized enterprises (SMEs) limits the generalisation of this study. To scrutinise the relations documented in this study, future research should be conducted in other country settings and different sector.Originality/valueThis study contributes to the sustainability literature by developing a conceptual model that explains the development and role of innovation management in a market context with its associated sustainability management outcomes. The results are of importance to both SMEs and policymakers. Clear need to investigate further how organisations can benefit from such capabilities for greater growth is identified.

КОНЦЕПТУАЛЬНЫЕ ОСНОВЫ РАЗВИТИЯ ИННОВАЦИОННОГО МЕНЕДЖМЕНТА В МЕЖДУНАРОДНЫХ КОМПАНИЯХ

This article is devoted to the study of the role of innovation management in international companies. The article analyzes various views on the concept of “innovation”, considers the evolution of its development, gives modern concepts, in particular, provides a classification according to the guidelines of Oslo and the Frascati OECD. Special attention is paid to a review of research by modern scientists in the field of "innovative management".

АКТУАЛЬНЫЕ НАПРАВЛЕНИЯ НАЦИОНАЛЬНОЙ СТАНДАРТИЗАЦИИ В СОВРЕМЕННЫХ УСЛОВИЯХ ИНДУСТРИИ ИНЖИНИРИНГА НОВЫХ ПРОДУКТОВ ПИТАНИЯ ФУНКЦИОНАЛЬНОГО И СПЕЦИАЛИЗИРОВАННОГО НАЗНАЧЕНИЯ

In the last decade, there has been a consistently high demand for functional and specialized food additives to replace food additives with an "E" index with natural food ingredients with similar properties. At the same time, insufficient attention is paid to the development and use of modern engineering achievements, which is one of the leading trends of innovative development. Standardization plays a leading role in these processes. The standards for the product life cycle, including research and development, production and manufacturing, conformity assessment and application of products are analyzed. The role of innovation management in general and riskbased approach in particular is shown. The identification and risk level for the product life cycle is given. The international and Russian experience in the development of standardization in ensuring innovation in the production of functional and specialized food products, including dairy products is analyzed. The article reveals that among the main trends that ensure the production of high-quality competitive food products in demand in Russia and in the world markets there is the improvement and development of the regulatory framework in the field of food products quality, including dairy products, through coordination with international standards, updating of the scientific foundations of the production of new food for functional and specialized purpose. It acquires special importance in modern conditions, generalization and use of relevant achievements in the field of engineering of agricultural products at all stages up to the buyer.

The Role of Innovation Management in Enterprises - Assessment of Maturity Levels, Innovation Types and Necessary Competences

Innovation and the capability to innovate have a high relevance within the European Union. They have a strong impact on economic growth, productivity and play a critical role in providing opportunities for new jobs. Companies have to deal with several innovation tasks and manage those tasks. We hypothesize that innovation is of growing relevance for companies and their future business. We conducted a survey with 199 companies in Germany, Austria, Italy and Switzerland about the level of innovation. Using innovation maturity levels showed that less than ten percent of all companies are dealing with “future-shaping” projects, which might enable new business fields. A comparison of the importance of different types of innovation now and in five years shows an increasing relevance especially for business model - and process innovation. Furthermore, more than 35 necessary skills and competences for innovation managers were surveyed. A certain open-mindedness of the participating companies towards innovation in general is recognizable. When looking on the results of our survey the increasing role and significance of innovation management’s relevance as well as on typical tasks and needed skills for employees cannot be denied.

The Role of Innovation Management and Technological Innovation on Organizational Effectiveness: A Theoretical Model

The present study aimed to develop a theoretical framework toward innovation management, technological innovation, and organizational effectiveness through conducting a comprehensive review of literature, and empirical studies. Where the researchers developed a model designed to measure the impact of innovation management and technological innovation on organizational effectiveness, and the impact of demographic factors (gender, age, grade, and experience) on the effectiveness of workers. They also developed a survey questionnaire that will be distributed to selected sample study on the administrative staff at the Sultan Qaboos University in Oman in order to answer the research questions and test its hypotheses.

Speed leaders and quality champions

Purpose– The purpose of this paper is to develop a concept of an alignment between market and technology orientations (MTs) and investigates the difference in new product innovation activities and performance among the four groups of high-tech firms which are classified into four categories labeled as MT, technology orientation (TO), market orientation (MO) and conservative (CO) firms.Design/methodology/approach– Data were collected from 360 high-tech firms in China. MANOVA was used to identify whether or not new product innovation activities (i.e. timing of market entry and product quality) and performance vary across the four groups.Findings– The results indicate that the four groups of firms significantly differ with respect to new product performance and with new product innovation activities pertaining to timing of market-entry strategy and product quality. Further, the results show that first, MT firms have highest new product performance; second, TO firms are speed leaders which have first-to-market with new product; and third, MO firms are quality champions which are best for the perceived new product quality.Originality/value– This paper responds to call for synthetic studies of multiple orientations and cross-disciplinary research, especially in the areas of marketing and strategic management. This paper is the first to integrate MO and TO and examine the interactive effects of these two orientations on new product innovation. Against prior study believing the combination of strategic orientations play an important role in innovation management, the findings that TO firms are speed leaders and MO firms are quality champions suggest that the combination of different strategic orientations is not beneficial to all respects of new product innovation, such as timing of market-entry strategy and product quality.

An Analysis Of The Relationship Between The Elements Encouraging Innovation And Innovation Performance For Smes

A holistic approach and innovative point of view are needed for getting integrated into global markets and initiating a structure of global norms; and also for developing goods and services appropriate for the needs of specific markets thus gaining a share of world trade. Making use of the potential opportunities emerging due to the reflections of the rapid changes and preventing potential threats resulting in the sustainability of the enterprise are of the primary objectives. Analyzing the studies on innovation management aimed at these primary objectives proves that the technological aspect and human factor play a leading role in innovation management. Moreover, as for the evaluations concerning integration of innovation management with other disciplines, technological sources and information management are apparently the most influential ones. In addition, technology used by the organization, leadership, team management, carrier management and productivity culture can also be analyzed under the innovative structure. In this study, the elements encouraging innovation will be discussed; furthermore, it is intended to establish an integrated aspect of technology and human in innovation management making use of the modeling designed to determine the innovation performance. These elements seem to be important factors of organizational structure. Technology management and human factor, which constitute two fundamental factors of innovation management, will be discussed under two different titles and their relationship with innovation management and with each other will be analyzed in detail. This study will be performed as a field study.

A Supply Chain Management View from ICPR Innovation in Product and Production

This Special Issue of the Brazilian Journal of Operations and Production Management (BJOPM) features six papers selected from the supply chain management (SCM) track of the 21st International Conference on Production Research (ICPR), which conference theme was “Innovation in Product and Production”. This introduction paper evaluates and summarizes the selected contributions characterizing SCM with a leading role in innovation management. The research presented here focuses on supply chain design and cultural influences on supply chain performance, bridges the gap between basic research and industrial application and provides approaches to effectively design supply networks and processes. Some of the dominate key topics emphasized in the six papers contained in this special issue are countertrade in supply chains, types of contracts in supply chains, value stream mapping (VSM), process management, supply chain performance measurement, order penetration points and inventory policies for distribution systems. The main research tools used are analytical hierarchy process (AHP), simulation, SCM logistic scorecard and Markov chains.