Does organizational innovation facilitate product innovation? Evidence from Korean Manufacturing Firms

IF 4 3区 管理学 Q2 BUSINESS Eurasian Business Review Pub Date : 2024-06-27 DOI:10.1007/s40821-024-00278-3
Sung-Tae Lee, Sun-Moon Jung
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Abstract

Production innovation enables businesses to remain relevant and drives economic growth. However, many business leaders struggle to identify existing innovation opportunities and are unsure how to execute them with existing resources. This article suggests that organizational innovation—the innovation of a firm’s management practices—helps managers maximize product innovation outcomes. Drawing from firm-level data from the Corporate Innovation Survey of Korea, we find that product/service innovation is positively associated with three types of organizational innovation—the innovation of human resource practices, production processes, and value chain relationships. This suggests that business leaders can maximize their product innovation outcomes by engaging in organizational changes together with product innovation activities. In addition, we explore the channels through which organizational changes enhance product innovation: innovating the management control system helps managers retain top creative talent; value chain innovation leverages the external knowledge necessary for innovation; all three types of organizational innovation are advantageous for acquiring knowledge sources, helping organizational members develop new ideas and novel solutions.

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组织创新会促进产品创新吗?来自韩国制造业企业的证据
生产创新使企业能够保持相关性并推动经济增长。然而,许多企业领导者很难发现现有的创新机会,也不知道如何利用现有资源实施创新。本文认为,组织创新--企业管理实践的创新--有助于管理者最大限度地提高产品创新成果。根据韩国企业创新调查的企业级数据,我们发现产品/服务创新与三类组织创新--人力资源实践创新、生产流程创新和价值链关系创新--呈正相关。这表明,企业领导者可以通过在开展产品创新活动的同时进行组织变革,最大限度地提高产品创新成果。此外,我们还探讨了组织变革促进产品创新的渠道:创新管理控制系统有助于管理者留住顶尖的创新人才;价值链创新利用了创新所需的外部知识;所有三种类型的组织创新都有利于获取知识源,帮助组织成员开发新的想法和新颖的解决方案。
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来源期刊
CiteScore
6.90
自引率
11.40%
发文量
32
期刊介绍: The Eurasian Business Review (EABR) publishes articles in Industrial Organization, Innovation and Management Science. In particular, EABR is committed to publishing empirical articles which provide significant contributions in the fields of the economics and management of innovation, industrial and business economics, corporate governance and corporate finance, entrepreneurship and organizational change, strategic management, accounting, marketing, human resources management, and information systems. While the main focus of EABR is on Europe and Asia, papers in the fields listed above on any region or country are highly encouraged. The Eurasian Business Review is one of the two official journals of the Eurasia Business and Economics Society (EBES) and is published quarterly.
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