Search results for "innovation performance"
showing 10 items of 14 documents
CVC AND INNOVATION PERFORMANCE: THE EFFECT OF TECHNOLOGICAL DISTANCE WITH STARTUPS AND COINVESTORS
2018
Firms are increasingly opening their boundaries by engaging in corporate venture capital (CVC) programs as potential gateway into knowledge and technologies of innovative startups. By investing in promising startups across diverse industries with different technological knowledge from the knowledge base of the investing corporate, CVC programs constitute a vehicle for corporates to both exploit and explore innovation opportunities. We first examine the relationship between more explorative CVC investments portfolio and the innovation performance of the corporate. Then, we argue that when syndicating the CVC investments with a co-investor, the portfolio of syndication partners may affect the…
Process innovation objectives and management complementarities: patterns, drivers, co-adoption and performance effects
2012
[EN] The excessive concentration of the innovation literature on product development, its drivers and effects, has almost neglected an important strategy which develops and sustains a firm's competitive advantage: process development or innovation. This is an examination of process innovation as more than a mere dependent variable for predicting innovators. It provides insights into the poor attention that process innovation variable has received as an indicator of a firm's performance. In addition, the paper relates this process with the management innovation phenomenon. Using 8,977 firms from Spain through CIS data, findings suggest: (1) most process innovation performance is explained wi…
Open innovation and firms performance: state of the art and empirical evidences from the bio-pharmaceutical industry
2016
The research presented in this paper explores the effect of inbound, outbound and coupled open innovation practices on firms' performances in the biopharmaceutical industry. Specifically, although existing researches on open innovation effectiveness have separately investigated the effect of open innovation practices on innovation and financial performance, this study evaluates the concurrent effect of these practices on both such performance dimensions in a single framework. We state the importance for a manager to explore concurrently the influence of specific open innovation practices both on innovation and economic-financial performance. We empirically test our framework on a sample of …
Are quality management practices enough to improve process innovation?
2015
The popularity of quality management as a system for continuous improvement has not been accompanied by deep theoretical understanding of its effects on process innovation. In this work, the resource-based view serves as the basis for the construction of a model designed to explain the effects of quality management practices (QMP) on process innovation performance and the mediating role of dynamic capabilities in this relationship. The empirical data were analysed using the structural equation modelling technique by examining 6 competing models that represent full, partial mediation and non-mediation relationships on a sample of 550 Spanish industrial companies. The findings indicate that t…
THE EFFECT OF INBOUND, OUTBOUND AND COUPLED INNOVATION ON PERFORMANCE
2012
The focus of this paper is on exploring linkages among Open Innovation practices and firm performance. While, in the last ten years, a certain amount of papers facing such issue has been published, most of them treat inbound, outbound, and coupled innovation practice processes separately respect to different dimensions of innovation and financial performance. We argue that the concurrent influence of specific Open Innovation practices on both innovation and economic-financial firms' performance has not been investigated so far into the literature and it is of primary managerial importance. We empirically test our framework on a sample of 105 companies listed on the Industrial Machinery and…
Relationship among Perceived Dynamism, Technological Posture and Innovation Performance
2014
A main strategic election for a firm is its technological posture, which can be understood as its propensity to innovate and the moment for the introduction of technological changes into the market. This paper, which focuses on the renewable energy industry in Spain, establishes that in environments in which dynamism is understood by managers as high, and the appreciation of change is greater, firms develop a greater tendency towards technological leadership postures (pioneer or first-mover strategy) rather than conservative or follower postures (last-mover strategy). The results of the analysis, carried out through a structural equation model based on the partial least squares (PLS) techni…
The concurrent effect of Open Innovation practices on both innovation and financial performance: empirical evidences from bio-pharmaceutical industry
2012
Purpose – The research presented in this paper explores the effect of Open Innovation on firm performance in the biopharmaceutical industry. Specifically, although existing researches on Open Innovation effectiveness have separately investigated the effect of Open Innovation practices on innovation and financial performance, this study evaluates the concurrent effect of these practices on both such performance dimensions in a single framework. Design/methodology/approach – We measure firm performance and Open Innovation activities of companies listed on NASDAQ; specifically, the study focuses on 128 companies listed in the NASDAQ Biotechnology Index. This industry provides an ideal context …
Digital Transformation of Centru Region – Romania. Needs Assessment
2020
Abstract Competitiveness represents a never-ending moving target for any institution/entity, no matter the level of analysis (micro - companies /public administrations, mezzo - industries / national regions, or macro - countries / world regions); but its determinants (or key success factors) are changing, as ages go by, asking for continuous watch and strategic flexibility. With digital technology nowadays disrupting (almost) every aspect of human life, while framing a new age - of digitalization being both a source of competitiveness (for the industry leaders - whatever the “industry” might be), and (just) a prerequisite for survival (or doing business) for almost everyone else, the Europe…
R&D supply chain and innovation performance: the contingent role of the firm’s position in the network
2013
This paper conceptualizes the supply chain of innovation as a sub-set of the whole innovation network. We focus on the relationship between the activities of purchasing/selling R&D and the firm’s innovation performance. Specifically, we examine how the position of the firm within its innovation network moderates this relationship. Our empirical setting consists in cross-sectional data about 1772 agreements signed by biotech companies between 2006-2010. We find, first, anecdotal evidence of both the existence of the innovation supply chain and the phenomenon of firms’ positioning along it. Second, we find that information richness positively moderates the effect of purchasing R&D services on…
Does incremental and radical innovation performance depend on different types of knowledge accumulation capabilities and organizational size?
2016
While prior studies recognize the importance of knowledge accumulation capabilities in innovation performance, current research has still failed to empirically identify its role with regard to different types of innovation performance. The objective of this paper is to address this knowledge gap and to explore the relationships between internal knowledge creation and absorptive capabilities, and incremental and radical innovation performance. The study also contributes to analyzing the complex effect that organizational size has in the whole innovation process, influencing its antecedents (internal knowledge creation capability and absorptive capability) as well as its outputs (incremental …