Search results for "product innovation"
showing 10 items of 41 documents
Beautiful Innovation: Understanding Management Innovation in the Spanish Arts, Heritage and Recreation Industries
2013
The objective of this paper is to gain an insight into the types of innovation that Spanish firms in arts, heritage and recreation undertook during the period 2006–2011. To achieve this aim we have examined which types of innovation –product, process, marketing and organizational–, have the highest share of the total, and how important organizational innovation is for these firms. The study is based on a sample of firms in the arts, heritage and recreation industries, based on a survey drawn up by the Spanish National Statistics Institute. Three important conclusions can be inferred from the results obtained in this paper for the Spanish case. The first is that, although these sectors are l…
Factors influencing automobile firms eco-innovation orientation
2014
[EN] An eco-innovation is any innovation that reduces environmental damage. Even though eco-innovating is a key trend in industry today, relatively little research has been conducted on its implications for the automobile industry. In this article, the attitude toward the environment while innovating is analyzed using the SEM (Structural Equation Model) technique, applied to a data set of 223 Spanish automotive companies. Results of a statistical analysis with this data set show that companies which focus on processes and products when innovating tend to be more environmentally oriented and tend to highlight the importance of information sources more than those which do not have a focus on …
CEO gender and SMEs innovativeness: evidence for Spanish businesses
2021
AbstractThis paper analyses the role of gender of the chief executive officer (CEO) on the propensity to introduce innovations using a sample of 1405 Spanish small- and medium-sized enterprises (SMEs). We examine whether there are significant differences between female- and male-led businesses in terms of their propensity to innovate, and whether these differences may be explained by factors related to the attributes of the CEO concerning risk tolerance, self-confidence, education level and cooperative behaviour. In particular, this study tests if the linkages between these managerial attributes and the propensity to innovate are influenced by the gender of the CEO. Using a multivariate pro…
Fostering novelty while reducing failure: Balancing the twin challenges of product innovation
2016
This paper aims to further our understanding of how the degrees of innovation novelty and innovation failure are connected. It argues that a better understanding of the specific predictors of innovation novelty and failure would improve our understanding of the innovation process and inform R&D managerial interventions to reduce the occurrences of failure and enhance radical innovation. This investigation draws on data on 5387 Spanish manufacturing firms from the 2009 Spanish Community Innovation Survey (CIS). Unlike prior studies which examine product innovation, degree of innovation novelty, and innovation failures in separate models, this study relies on a multivariate model to account f…
Lean Internal Startups for Software Product Innovation in Large Companies: Enablers and Inhibitors
2018
Context: Startups are disrupting traditional markets and replacing well-established actors with their innovative products.To compete in this age of disruption, large and established companies cannot rely on traditional ways of advancement, which focus on cost efficiency, lead time reduction and quality improvement. Corporate management is now looking for possibilities to innovate like startups. Along with it, the awareness and the use of the Lean startup approach have grown rapidly amongst the software startup community and large companies in recent years. Objective: The aim of this study is to investigate how Lean internal startup facilitates software product innovation in large companies.…
The 4th European Alternative Finance Benchmarking Report
2021
This year’s report is titled ‘Shifting Paradigms’ to, in part, emphasise the continued growth and development of the European Alternative Finance Industry, but also underscore that these patterns of growth can develop and change as the sector continues to develop and mature. Throughout the region, platforms have continued to grow, respond to regulation, and expand operations internationally. In some regions, model prominence has shifted, allowing for others to grow. At times, this has been a response to the development or lack of regulation, or simply a result of competing market forces. Last year’s report, ‘Expanding Horizons’, sought to exemplify the positive developments in European Alte…
Innovation among SMEs in Finland: The impact of stakeholder engagement and firm-level characteristics
2021
PURPOSE: The aim of the paper is to analyse the importance of both internal capabilities (resources) and external information sources in implementing product, process, marketing and organizational innovations aiming to maximize firm competitive advantage and create value for stakeholders. Furthermore, in particular, we examine the role of public organizations, business networks, firm size, and the industry sector, in the emergence of different types of product, process, marketing, and organizational innovations. The research was based on the typology of innovation (product, process, marketing, and organizational) adopted by the OECD. METHODOLOGY: The paper is based on data from 389 SMEs loc…
The impact of ICT on innovation activities: Evidence for UK SMEs
2011
There is a continuous commitment of policymakers in the UK to support innovation in small and medium-sized firms. For these policy initiatives to be successful, an understanding of the factors driving innovation activities is required. In this study, the focus is upon the role that information and communication technologies (ICT) play in the innovation performance of UK small and medium-sized enterprises (SMEs). Using data drawn from the 2004 Annual Small Business Survey (ASBS) database, it is shown that ICT operate primarily as efficiency-enhancing technologies, although specific market-oriented applications (that is, website development) exhibit the potential to create competitive advant…
Linking Entrepreneurial Orientation and Firm Performance: The Role of Organizational Learning Capability and Innovation Performance
2013
This research contributes to the entrepreneurial orientation (EO)–performance literature by offering a wider picture that includes two intermediate steps: organizational learning capability (OLC) and innovation performance. This study also provides an explanation of intra-industry firm performance differences by focusing on EO. We use structural equation modeling to test the hypotheses on a data set from Italian and Spanish ceramic tile producers. The results support our conceptual model and demonstrate its usefulness in explaining differences in intra-industry firm performance. Findings suggest that OLC and innovation performance should be enhanced by managers in order to boost the positiv…
Assessing the impact of organizational learning capability on product innovation performance: An empirical test
2008
This paper examines how organizational learning capability affects product innovation performance. We define organizational learning capability through five dimensions or mechanisms: experimentation, risk taking, interaction with the external environment, dialogue and participative decision making. The impact of these mechanisms on product innovation performance is also analyzed. We use structural equations modeling to test our research hypotheses on a data set from the ceramic tile industry. Results support our conceptual model and underline the importance that learning has for innovation performance. Implications of the findings for both academics and practitioners are examined. © 2007 El…