Pub Date : 2023-05-01DOI: 10.1142/s1363919623500226
HAN ZOU
Can corporate digitalisation unleash an information dividend to drive technological innovations? Few researches examine this issue from diversified perspectives of capital allocation. Based on a dataset of Chinese A-listed enterprises during 2007–2019, this paper measures digitalisation by capturing frequencies of data-related words in corporate reports, and generalised moment method is used to explore the heterogeneous effects of corporate digitalisation on green or traditional technological innovation. The result shows that corporate digitalisation is positively correlated with both technological innovations, and it presents a greater promotion in traditional technological innovation than in green technological innovation. Capital compliant allocation based on improving managerial opportunism only plays a significant moderating role in green technological innovation, while capital optimal allocation significantly accelerates the incentive of digitalisation on both technological innovations, with its improvement on traditional technological innovation is much greater. Besides, the dynamic panel threshold model captures significant double-threshold effect of corporate digitalisation on technological innovations, manifesting as positive U-shaped curves with slopes change around the second threshold. Compared with the optimal interval to promotes technological innovations, digitalisation in more than half enterprises still fails to provide incentives for technological innovations.
{"title":"CORPORATE DIGITALISATION AND HETEROGENEOUS TECHNOLOGICAL INNOVATIONS: IS CAPITAL ALLOCATION EFFECTIVE?","authors":"HAN ZOU","doi":"10.1142/s1363919623500226","DOIUrl":"https://doi.org/10.1142/s1363919623500226","url":null,"abstract":"Can corporate digitalisation unleash an information dividend to drive technological innovations? Few researches examine this issue from diversified perspectives of capital allocation. Based on a dataset of Chinese A-listed enterprises during 2007–2019, this paper measures digitalisation by capturing frequencies of data-related words in corporate reports, and generalised moment method is used to explore the heterogeneous effects of corporate digitalisation on green or traditional technological innovation. The result shows that corporate digitalisation is positively correlated with both technological innovations, and it presents a greater promotion in traditional technological innovation than in green technological innovation. Capital compliant allocation based on improving managerial opportunism only plays a significant moderating role in green technological innovation, while capital optimal allocation significantly accelerates the incentive of digitalisation on both technological innovations, with its improvement on traditional technological innovation is much greater. Besides, the dynamic panel threshold model captures significant double-threshold effect of corporate digitalisation on technological innovations, manifesting as positive U-shaped curves with slopes change around the second threshold. Compared with the optimal interval to promotes technological innovations, digitalisation in more than half enterprises still fails to provide incentives for technological innovations.","PeriodicalId":47711,"journal":{"name":"International Journal of Innovation Management","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135516951","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-05-01DOI: 10.1142/s1363919623500214
HAMFREY SANHOKWE, WILLIE T. CHINYAMURINDI, JOE MUZURURA
The idea that innovations enable organisations to enjoy adaptive, competitive, and generative advantages has become widely accepted. This recognition has seen many low and middle-income countries (LMICs) add innovation policy to their national policy frameworks. However, most LMICs continue to experience economic stagnation and low productivity growth amid calls for deeper theoretical and practical examination of what could foster and sustain innovative work behaviour (IWB) in such settings. The study developed and tested a conditional mediation model explaining the activation of IWB with a focus on the central role of decent work. A time-lagged study design informed data collection from two probability samples. Employees self-reported using previously validated measures of the constructs in use. The study used covariance-based structural equation modelling (CB-SEM) to test the mediation model. Decent work had significant, positive relationships with organisational learning and work engagement. Organisational learning and work engagement were positively and significantly associated with IWB. Work engagement and organisational learning mediated the effect of decent work on IWB. The results provide complementary insights into how decent work may transform into IWB. Leadership seeking to better harness the innovative capabilities resident in their organisations should develop and nurture enterprise-wide, healthy workplaces anchored on the tenets of decent work. The modelled capabilities are learnable, and hence developable. We discuss the study implications and limitations.
{"title":"DECENT WORK AND INNOVATIVE WORK BEHAVIOUR: THE MEDIATING ROLES OF ORGANISATIONAL LEARNING AND WORK ENGAGEMENT","authors":"HAMFREY SANHOKWE, WILLIE T. CHINYAMURINDI, JOE MUZURURA","doi":"10.1142/s1363919623500214","DOIUrl":"https://doi.org/10.1142/s1363919623500214","url":null,"abstract":"The idea that innovations enable organisations to enjoy adaptive, competitive, and generative advantages has become widely accepted. This recognition has seen many low and middle-income countries (LMICs) add innovation policy to their national policy frameworks. However, most LMICs continue to experience economic stagnation and low productivity growth amid calls for deeper theoretical and practical examination of what could foster and sustain innovative work behaviour (IWB) in such settings. The study developed and tested a conditional mediation model explaining the activation of IWB with a focus on the central role of decent work. A time-lagged study design informed data collection from two probability samples. Employees self-reported using previously validated measures of the constructs in use. The study used covariance-based structural equation modelling (CB-SEM) to test the mediation model. Decent work had significant, positive relationships with organisational learning and work engagement. Organisational learning and work engagement were positively and significantly associated with IWB. Work engagement and organisational learning mediated the effect of decent work on IWB. The results provide complementary insights into how decent work may transform into IWB. Leadership seeking to better harness the innovative capabilities resident in their organisations should develop and nurture enterprise-wide, healthy workplaces anchored on the tenets of decent work. The modelled capabilities are learnable, and hence developable. We discuss the study implications and limitations.","PeriodicalId":47711,"journal":{"name":"International Journal of Innovation Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135516933","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-26DOI: 10.1142/s1363919622300045
G. Cyr, M. Pomey, Shuaiqi Yuan, K. Dionne
User engagement in innovation processes is crucial for the development of sustainable healthcare. One promising user-centred approach used to integrate users’ experiential knowledge in the development of innovations is the Living Lab (LL). However, we lack a systematic understanding of the processes, methods and factors that lead to more effective user engagement. The objective of this scoping review is to map and systematically present current research on user engagement in Healthcare Living Labs (HLLs) to enhance understanding and inspire future research. Our review shows that the level of user engagement is still low given the limited use of methods tailored to support it and that HLL are predominantly used in technology and clinical innovation. We offer a clearer depiction and description of the methods innovation managers could use to foster greater user engagement in HLL.
{"title":"USER ENGAGEMENT IN HEALTHCARE LIVING LABS: A SCOPING REVIEW","authors":"G. Cyr, M. Pomey, Shuaiqi Yuan, K. Dionne","doi":"10.1142/s1363919622300045","DOIUrl":"https://doi.org/10.1142/s1363919622300045","url":null,"abstract":"User engagement in innovation processes is crucial for the development of sustainable healthcare. One promising user-centred approach used to integrate users’ experiential knowledge in the development of innovations is the Living Lab (LL). However, we lack a systematic understanding of the processes, methods and factors that lead to more effective user engagement. The objective of this scoping review is to map and systematically present current research on user engagement in Healthcare Living Labs (HLLs) to enhance understanding and inspire future research. Our review shows that the level of user engagement is still low given the limited use of methods tailored to support it and that HLL are predominantly used in technology and clinical innovation. We offer a clearer depiction and description of the methods innovation managers could use to foster greater user engagement in HLL.","PeriodicalId":47711,"journal":{"name":"International Journal of Innovation Management","volume":" ","pages":""},"PeriodicalIF":2.1,"publicationDate":"2023-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46357011","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-26DOI: 10.1142/s1363919622500694
David Bendig, F. Ernst
Digital innovation has become an important focus for corporations wishing to provide novel products and services to their customers. To achieve this, firms must maintain a disruptive organisational posture and promote risk-taking behaviours. In contrast, religious executives are generally seen in the literature as risk-averse and endorse conservative values, such as traditionalism, security, and conformity. In an analysis of large U.S. firms between 2010 and 2015 and using a novel measure for the religiosity of board directors, we find that companies with higher proportions of religious board directors file fewer digital patents and receive fewer citations on their digital patents. Moreover, this study establishes firms’ technological and religious environments as relevant boundary conditions. We contribute to the innovation management literature by introducing board religiosity as an antecedent to digital patenting activities in large firms and by establishing leisure activities as an indicator of the religiosity of executives. In addition, this study offers relevant organisational policy implications with respect to diversity initiatives and board decision-making.
{"title":"BETTER SAFE THAN SORRY? RELIGIOUS DIRECTORS AND DIGITAL INNOVATION","authors":"David Bendig, F. Ernst","doi":"10.1142/s1363919622500694","DOIUrl":"https://doi.org/10.1142/s1363919622500694","url":null,"abstract":"Digital innovation has become an important focus for corporations wishing to provide novel products and services to their customers. To achieve this, firms must maintain a disruptive organisational posture and promote risk-taking behaviours. In contrast, religious executives are generally seen in the literature as risk-averse and endorse conservative values, such as traditionalism, security, and conformity. In an analysis of large U.S. firms between 2010 and 2015 and using a novel measure for the religiosity of board directors, we find that companies with higher proportions of religious board directors file fewer digital patents and receive fewer citations on their digital patents. Moreover, this study establishes firms’ technological and religious environments as relevant boundary conditions. We contribute to the innovation management literature by introducing board religiosity as an antecedent to digital patenting activities in large firms and by establishing leisure activities as an indicator of the religiosity of executives. In addition, this study offers relevant organisational policy implications with respect to diversity initiatives and board decision-making.","PeriodicalId":47711,"journal":{"name":"International Journal of Innovation Management","volume":" ","pages":""},"PeriodicalIF":2.1,"publicationDate":"2023-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43651208","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-11DOI: 10.1142/s1363919622500712
Muhammad Azhar Khalil, Kridsda Nimmanunta
The difference between knowledge capital and innovation and their combined impact on firm market performance remains a puzzle. Firms can utilise their accumulated stock of knowledge to create value, and at the same time, allocate their resources each year to create innovation, hoping to sustain their performance and make a better future. Using time fixed effects panel regression with industry and country dummies, this study investigates how knowledge capital and innovation impact firm performance by analysing the sample of 2,958 listed companies of Asian countries during 2015–2019. We observe that different sectors exhibit strong variations in their levels of knowledge capital and innovation. This study finds that more knowledge capital negatively impacts firm performance, but up to a certain point. The U-shaped relationship found suggests that learning and accumulating capabilities to exploit knowledge capitals’ potential is essential to achieve higher firm value. We also find that firms’ more spending on innovation positively impacts firm performance, but only up to a certain level. An inverted U-shaped relationship found suggests a balanced investment in innovation activities to attain improved firm performance. Implications for management and potential for further research are provided.
{"title":"KNOWLEDGE CAPITAL AND INNOVATION ACROSS FIRMS IN ASIAN ECONOMIES: A BALANCED INVESTMENT APPROACH","authors":"Muhammad Azhar Khalil, Kridsda Nimmanunta","doi":"10.1142/s1363919622500712","DOIUrl":"https://doi.org/10.1142/s1363919622500712","url":null,"abstract":"The difference between knowledge capital and innovation and their combined impact on firm market performance remains a puzzle. Firms can utilise their accumulated stock of knowledge to create value, and at the same time, allocate their resources each year to create innovation, hoping to sustain their performance and make a better future. Using time fixed effects panel regression with industry and country dummies, this study investigates how knowledge capital and innovation impact firm performance by analysing the sample of 2,958 listed companies of Asian countries during 2015–2019. We observe that different sectors exhibit strong variations in their levels of knowledge capital and innovation. This study finds that more knowledge capital negatively impacts firm performance, but up to a certain point. The U-shaped relationship found suggests that learning and accumulating capabilities to exploit knowledge capitals’ potential is essential to achieve higher firm value. We also find that firms’ more spending on innovation positively impacts firm performance, but only up to a certain level. An inverted U-shaped relationship found suggests a balanced investment in innovation activities to attain improved firm performance. Implications for management and potential for further research are provided.","PeriodicalId":47711,"journal":{"name":"International Journal of Innovation Management","volume":"1 1","pages":""},"PeriodicalIF":2.1,"publicationDate":"2023-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41502994","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-11DOI: 10.1142/s1363919622500736
Based on the team faultlines theory, this paper examines the impact of different types of board faultlines on innovation in cross-border mergers and acquisitions (M&As). Using the data of Chinese firms’ cross-border M&As, this paper finds that information-based faultlines and social category faultlines have an inverted U-shaped relationship with innovation in cross-border M&As. Cultural distance weakens the role of information-based faultlines on innovation in cross-border M&As. This paper enriches the research on the factors influencing innovation in cross-border M&As and provides a basis for firms to select board members and create suitable board faultlines.
{"title":"THE IMPACTS OF BOARD FAULTLINES ON INNOVATION PERFORMANCE IN CROSS-BORDER MERGERS AND ACQUISITIONS","authors":"","doi":"10.1142/s1363919622500736","DOIUrl":"https://doi.org/10.1142/s1363919622500736","url":null,"abstract":"Based on the team faultlines theory, this paper examines the impact of different types of board faultlines on innovation in cross-border mergers and acquisitions (M&As). Using the data of Chinese firms’ cross-border M&As, this paper finds that information-based faultlines and social category faultlines have an inverted U-shaped relationship with innovation in cross-border M&As. Cultural distance weakens the role of information-based faultlines on innovation in cross-border M&As. This paper enriches the research on the factors influencing innovation in cross-border M&As and provides a basis for firms to select board members and create suitable board faultlines.","PeriodicalId":47711,"journal":{"name":"International Journal of Innovation Management","volume":" ","pages":""},"PeriodicalIF":2.1,"publicationDate":"2023-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44033990","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-11DOI: 10.1142/s1363919622500700
Jennifer Liehr, S. Hauff
Encouraging employees’ innovative behaviour (EIB) is one of the most important leadership tasks and numerous studies have examined the relationships between leadership and EIB. However, the research field is highly fragmented and does not provide a clear answer as to which leadership competencies are actually crucial for EIB. To address this issue, we use a qualitative content analysis to examine which leadership competencies are characterised in the literature as necessary for EIB. In doing so, we also turn away from broad leadership styles and adopt a behavioural-focussed competency approach. The results show that only a very small number of the many leadership competencies that seem to support EIB are considered necessary prerequisites for EIB. Based on the results, we present seven theoretical propositions and a concise model of leadership competencies necessary for EIB. In particular, we propose that the leadership competencies of providing support, communicating a vision, granting autonomy and discretion, and providing feedback are necessary conditions to enable EIB.
{"title":"MUST HAVE OR NICE TO HAVE? NECESSARY LEADERSHIP COMPETENCIES TO ENABLE EMPLOYEES’ INNOVATIVE BEHAVIOUR","authors":"Jennifer Liehr, S. Hauff","doi":"10.1142/s1363919622500700","DOIUrl":"https://doi.org/10.1142/s1363919622500700","url":null,"abstract":"Encouraging employees’ innovative behaviour (EIB) is one of the most important leadership tasks and numerous studies have examined the relationships between leadership and EIB. However, the research field is highly fragmented and does not provide a clear answer as to which leadership competencies are actually crucial for EIB. To address this issue, we use a qualitative content analysis to examine which leadership competencies are characterised in the literature as necessary for EIB. In doing so, we also turn away from broad leadership styles and adopt a behavioural-focussed competency approach. The results show that only a very small number of the many leadership competencies that seem to support EIB are considered necessary prerequisites for EIB. Based on the results, we present seven theoretical propositions and a concise model of leadership competencies necessary for EIB. In particular, we propose that the leadership competencies of providing support, communicating a vision, granting autonomy and discretion, and providing feedback are necessary conditions to enable EIB.","PeriodicalId":47711,"journal":{"name":"International Journal of Innovation Management","volume":" ","pages":""},"PeriodicalIF":2.1,"publicationDate":"2023-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45774828","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-07DOI: 10.1142/s1363919622500724
Lin Yang, Jingyi Yang, Liangliang Lu, Guoguang Wan
Although recognised as useful, ambidextrous innovation also presents unique managerial challenges particularly when exploration and exploitation are pursued simultaneously. The paper aims to explore the forming mechanisms of firm’s ambidextrous innovation capabilities using the main approaches in strategic management. The authors theoretically examine the direct effects of the digital economy (DE) on ambidextrous innovation capabilities and the mediating effect of knowledge acquisition (KA) and use the stepwise regression method to conduct an empirical analysis of 178 high-tech companies listed in China’s A-share market from 2013 to 2019. The empirical results show that DE has significantly promoted the ambidextrous innovation capabilities of firms, and also has a significant positive impact on the balance effect between exploratory innovation and exploitative innovation; DE has a significant positive impact on both external knowledge acquisition (EKA) and internal knowledge creation; KA has a significantly positive effect on exploratory innovation, exploitative innovation and their balance effect, and the effect of KA on exploratory innovation is greater than that on exploitative innovation. Furthermore, KA plays a significantly mediating role in the relationship between DE and exploratory innovation/exploitative innovation. The findings of our study provide insights for knowledge management research and have important guiding significance for promoting ambidextrous innovation capabilities of firms in DE.
{"title":"EXPLORING THE IMPACT OF DIGITAL ECONOMY ON AMBIDEXTROUS INNOVATION CAPABILITIES OF FIRMS: MEDIATING EFFECT OF KNOWLEDGE ACQUISITION","authors":"Lin Yang, Jingyi Yang, Liangliang Lu, Guoguang Wan","doi":"10.1142/s1363919622500724","DOIUrl":"https://doi.org/10.1142/s1363919622500724","url":null,"abstract":"Although recognised as useful, ambidextrous innovation also presents unique managerial challenges particularly when exploration and exploitation are pursued simultaneously. The paper aims to explore the forming mechanisms of firm’s ambidextrous innovation capabilities using the main approaches in strategic management. The authors theoretically examine the direct effects of the digital economy (DE) on ambidextrous innovation capabilities and the mediating effect of knowledge acquisition (KA) and use the stepwise regression method to conduct an empirical analysis of 178 high-tech companies listed in China’s A-share market from 2013 to 2019. The empirical results show that DE has significantly promoted the ambidextrous innovation capabilities of firms, and also has a significant positive impact on the balance effect between exploratory innovation and exploitative innovation; DE has a significant positive impact on both external knowledge acquisition (EKA) and internal knowledge creation; KA has a significantly positive effect on exploratory innovation, exploitative innovation and their balance effect, and the effect of KA on exploratory innovation is greater than that on exploitative innovation. Furthermore, KA plays a significantly mediating role in the relationship between DE and exploratory innovation/exploitative innovation. The findings of our study provide insights for knowledge management research and have important guiding significance for promoting ambidextrous innovation capabilities of firms in DE.","PeriodicalId":47711,"journal":{"name":"International Journal of Innovation Management","volume":"1 1","pages":""},"PeriodicalIF":2.1,"publicationDate":"2023-04-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"63995762","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-31DOI: 10.1142/s1363919622500682
Chih-Hung Chen
While this research largely focuses on the context of sustainability and businesses model innovation (BMI) from different aspects of business, relatively few studies conduct in-depth analysis of what key capabilities a firm needs to achieve BMI. Meanwhile, innovation policy is accounting for issues relating to business development as a tool for improving competitiveness at macro level, but little has been discussed in what way it influences on firms. This study therefore first identifies corporate key capabilities that are required towards BMI, and then adopts innovation policy as a moderator to examine its indirect effect on BMI outcomes. A structured questionnaire was designed and 287 valid samples were collected from a population comprised of 948 listed companies on Taiwan Stock Exchange. Hypotheses were tested using the structural equation modelling (SEM) in SPSS for direct path analysis and Process for indirect effects. The outcome shows that three key capabilities, including Architecture, Reputation and Innovation, are crucial for a firm to accumulate over time in reaching BMI. The findings also indicate that innovation policy can be a significant external support for firms to accelerate BMI only if they develop three key capabilities simultaneously. The results of this study may assist public authorities and company managers with a useful guideline to make relevant policies and govern businesses.
{"title":"CORPORATE KEY CAPABILITIES, INNOVATION POLICY AND BUSINESS MODEL INNOVATION","authors":"Chih-Hung Chen","doi":"10.1142/s1363919622500682","DOIUrl":"https://doi.org/10.1142/s1363919622500682","url":null,"abstract":"While this research largely focuses on the context of sustainability and businesses model innovation (BMI) from different aspects of business, relatively few studies conduct in-depth analysis of what key capabilities a firm needs to achieve BMI. Meanwhile, innovation policy is accounting for issues relating to business development as a tool for improving competitiveness at macro level, but little has been discussed in what way it influences on firms. This study therefore first identifies corporate key capabilities that are required towards BMI, and then adopts innovation policy as a moderator to examine its indirect effect on BMI outcomes. A structured questionnaire was designed and 287 valid samples were collected from a population comprised of 948 listed companies on Taiwan Stock Exchange. Hypotheses were tested using the structural equation modelling (SEM) in SPSS for direct path analysis and Process for indirect effects. The outcome shows that three key capabilities, including Architecture, Reputation and Innovation, are crucial for a firm to accumulate over time in reaching BMI. The findings also indicate that innovation policy can be a significant external support for firms to accelerate BMI only if they develop three key capabilities simultaneously. The results of this study may assist public authorities and company managers with a useful guideline to make relevant policies and govern businesses.","PeriodicalId":47711,"journal":{"name":"International Journal of Innovation Management","volume":" ","pages":""},"PeriodicalIF":2.1,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42987027","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-22DOI: 10.1142/s1363919622500645
T. Kollmann, Christoph Stöckmann, Lucas Kleine-Stegemann, R. Harms, Philipp Benedikt Jung, Alexander Michaelis
Young firms benefit from cooperations in their development and cooperation capability is a prerequisite for a successful cooperation with partners. Despite its importance, research has neglected how this dynamic capability emerges in young firms. This study examines how innovation championing behaviour affects the cooperation capability. We introduce innovation strategy and innovation culture as two critical mediators in this relationship. Data from 283 young firms indicate that innovation culture is an essential mediator in the significant positive relationship between innovation championing behaviour and young firms’ cooperation capability. Surprisingly, innovation strategy does not directly affect the development of cooperation capability but fosters the development of innovation culture. The findings carry theoretical and practical implications for the emergence of cooperation capability in young firms by uncovering its origins and the intermediate transition process.
{"title":"DOES CULTURE EAT STRATEGY? THE EMERGENCE OF COOPERATION CAPABILITY IN YOUNG FIRMS","authors":"T. Kollmann, Christoph Stöckmann, Lucas Kleine-Stegemann, R. Harms, Philipp Benedikt Jung, Alexander Michaelis","doi":"10.1142/s1363919622500645","DOIUrl":"https://doi.org/10.1142/s1363919622500645","url":null,"abstract":"Young firms benefit from cooperations in their development and cooperation capability is a prerequisite for a successful cooperation with partners. Despite its importance, research has neglected how this dynamic capability emerges in young firms. This study examines how innovation championing behaviour affects the cooperation capability. We introduce innovation strategy and innovation culture as two critical mediators in this relationship. Data from 283 young firms indicate that innovation culture is an essential mediator in the significant positive relationship between innovation championing behaviour and young firms’ cooperation capability. Surprisingly, innovation strategy does not directly affect the development of cooperation capability but fosters the development of innovation culture. The findings carry theoretical and practical implications for the emergence of cooperation capability in young firms by uncovering its origins and the intermediate transition process.","PeriodicalId":47711,"journal":{"name":"International Journal of Innovation Management","volume":" ","pages":""},"PeriodicalIF":2.1,"publicationDate":"2023-03-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41890997","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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