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

Q3 Economics, Econometrics and Finance WSEAS Transactions on Business and Economics Pub Date : 2023-12-01 DOI:10.37394/23207.2023.20.227

Nguyen Thi Huyen Ngan, Duong Hong Hanh, Hoang Thi Lan

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Abstract

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.

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创新资源对可持续竞争优势的影响：从越南酒店业的证据看负责任创新的调节作用

本文研究了在竞争环境下，创新资源、创新能力，特别是责任创新对企业可持续竞争优势提升的中介作用。本研究为定量研究，应用于越南河内的1-5星级酒店。研究结果表明:创新资源对产品创新能力、工艺创新能力、责任创新能力和SCA具有正向影响;产品和工艺创新能力对责任创新有正向影响;负责任创新对企业SCA具有正向影响，并在创新资源和创新能力对企业SCA的正向影响中起中介作用。研究结果为创新资源、创新能力尤其是负责任创新的重要作用提供了理论依据。因此，向管理者传递有用的信息，创造创新资源，增强创新能力，进行负责任的创新，提高企业的SCA。

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来源期刊

WSEAS Transactions on Business and Economics Economics, Econometrics and Finance-Economics and Econometrics

CiteScore

1.50

自引率

0.00%

发文量

180

期刊介绍： WSEAS Transactions on Business and Economics publishes original research papers relating to the global economy. We aim to bring important work using any economic approach to a wide international audience and therefore only publish papers of exceptional scientific value that advance our understanding of finances. The research presented must transcend the limits of case studies, while both experimental and theoretical studies are accepted. While its main emphasis is economic, it is a multi-disciplinary journal and therefore its content mirrors the diverse interests and approaches of scholars involved with the international dimensions of business, economics, finance, history, law, marketing, management, political science, and related areas. It also welcomes scholarly contributions from officials with government agencies, international agencies, and non-governmental organizations.