scholarly journals Impact of dynamic capacities on the performance of food and beverage enterprises in Lagos, Nigeria

2021 ◽  
Vol 10 (1) ◽  
Author(s):  
Lu Lin Zhou ◽  
James Onuche Ayegba ◽  
Emmanuel Onu Ayegba ◽  
Peace Maina Ayegba ◽  
Zhang Xin Jie
Keyword(s):  
Competitive Advantage ◽  
Product Innovation ◽  
Technological Capability ◽  
Strategic Decision ◽  
Strategic Flexibility ◽  
Sales Growth ◽  
Competitive Intensity ◽  
Technological Turbulence ◽  
Food And Beverage ◽  
The Impact

AbstractThis study examined the impact of dynamic capacities on the performance of food and beverage enterprises in Lagos, Nigeria. The following sub-variables (strategic decision-making capacity, product innovation capacity, strategic flexibility, competitive intensity, technological turbulence, and technological capability) were employed to represent the variable of dynamic capacity. Also, the following sub-variables (sales growth, enterprise survival, enterprise efficiency, and competitive advantage) were employed to represent the variable of enterprise performance. Primary data was used to achieve descriptive and inferential statistics, and the statistics is estimated by the PLS-SEM method which was calibrated on Lisrel 8.70 software. This study found that product innovation, competitive intensity and technological turbulence, technological capability and competitive intensity, and strategic flexibility are critical sub-variables in determining the robustness of dynamic capacities, as they adequately improve increasing sales growth, survival, and sustenance of enterprise into the unforeseeable future, efficiency of enterprise, and competitive advantage of food and beverage manufacturing enterprises, respectively, particularly in this trying period that is evidenced with technological change and competition, among others.

scholarly journals Impact of Dynamic Capacities on the Performance of Food and Beverage Enterprises in Lagos, Nigeria

2020 ◽  
Author(s):  
Zhou Lu Lin ◽  
James Onuche Ayegba ◽  
Emmanuel Onu ◽  
Peace Maina James ◽  
Zhang Xin Jie
Keyword(s):  
Competitive Advantage ◽  
Product Innovation ◽  
Technological Capability ◽  
Strategic Decision ◽  
Strategic Flexibility ◽  
Sales Growth ◽  
Competitive Intensity ◽  
Technological Turbulence ◽  
Food And Beverage ◽  
The Impact

Abstract This study examined the impact of dynamic capacities on the performance of food and beverage enterprise in Lagos, Nigeria. The following sub-variables (strategic decision-making capacity, product innovation capacity, strategic flexibility, competitive intensity, technological turbulence, and technological capability) were employed to represent the variable of dynamic capacity. Also, the following sub-variables (sales growth, enterprise survival, enterprise efficiency and competitive advantage) were employed to represent the variable of enterprise performance. Primary data was used to achieve descriptive and inferential statistics, and the statistics is estimated by PLS-SEM method which was calibrated on Lisrel 8.70 software.This study found that product innovation, competitive intensity and technological turbulence, technological capability and competitive intensity, and strategic flexibility are critical sub-variables in determining the robustness of dynamic capacities, as they adequately improve increasing sales growth, survival and sustenance of enterprise into the unforeseeable future, efficiency of enterprise, and competitive advantage of food and beverage manufacturing enterprises respectively, particularly in this trying period that is evidenced with technological change, competition, among others.

Impact Of Dynamic Capacities On Enterprise Performance: Case Studies Of Food Enterprises And Beverage Enterprises In Lagos, Nigeria

2020 ◽  
Author(s):  
Zhou Lu Lin ◽  
James Onuche Ayegba ◽  
Emmanuel Onu ◽  
Peace Maina James ◽  
Zhang Xin Jie
Keyword(s):  
Competitive Advantage ◽  
Product Innovation ◽  
Technological Capability ◽  
Strategic Flexibility ◽  
Enterprise Performance ◽  
Sales Growth ◽  
Competitive Intensity ◽  
Dynamic Capacity ◽  
Technological Turbulence ◽  
The Impact

Abstract This study examined the impact of dynamic capacities on enterprise performance using some selected food and beverages enterprises in Lagos, Nigeria. In the study, dynamic capacity was captured with respect to strategic decision-making capacity, product innovation capacity, strategic flexibility, competitive intensity, technological turbulence, and technological capability. The performance of enterprise will be captured with sales growth, enterprise survival, enterprise efficiency and competitive advantage. The dynamic capacity for enterprise performance is estimated by adopting PLS-SEM method. SEM model is calibrated by using the Lisrel 8.70. The study found that the dynamic capacity of product innovation is the only variable that can sufficiently enhance increasing sales growth. Dynamic capacities of Competitive intensity and Technological turbulence are the only variable that can sufficiently enhance the survival of enterprise or sustain the enterprise into the unforeseeable future. Dynamic capacities of Technological capability and Competitive intensity are the only variable that could enhance the efficiency of enterprise. Finally, dynamic capacity of Strategic flexibility is the only variable that could sufficiently enhance competitive advantage of enterprise over other enterprises. This research contribute to knowledge by focusing on the impact of dynamic capacity on enterprise performance using some selected food and beverages enterprises in Lagos, Nigeria particularly the manufacturing enterprises in this trying period that is evidenced with technological change, competition, among others.

scholarly journals Nexus between Product Innovation and Enterprise Survival: Impact of Competitive Intensity and Competitive Advantage

2020 ◽  
Author(s):  
Lin Lu Zhou ◽  
James Onuche Ayegba ◽  
Peace Maina James ◽  
Emmanuel Onu Ayegba ◽  
Xin jie Zhang ◽  
...  
Keyword(s):  
Competitive Advantage ◽  
Product Innovation ◽  
Structural Equation ◽  
Market Competition ◽  
The Body ◽  
Cross Sectional ◽  
Competitive Intensity ◽  
Body Of Knowledge ◽  
Food And Beverage ◽  
The Face

Product innovation is a crucial factor in enterprise survival. Even though there are sources from strategic theory that guides the clear comprehension towards appreciating the nexus between these two variables (product innovation and enterprise survival), there are still many lacunas that should be addressed and filled. Consequently, the need for additional empirical corroboration or support is pertinent. This study aimed at verifying the nexus between product innovation and enterprise survival, and how they are affected by the existence of antecedent variables such as competitive intensity and competitive advantage. In the methodology, this study adopts the conduct of explanatory and cross-sectional investigations through the use of structural equation modelling (SEM) to a sample of selected food and beverages enterprises in Lagos, Nigeria. Regarding the food and beverage enterprises in Lagos, Nigeria, this study discovered that competitive intensity has huge positive implication on product innovation at (0.39; t = 5.69, p < 0.05). This gives numerical evidence that, in the face of more market competition, enterprises will be pressured to adopt the model of costs reduction on products which will enhance the reduction of product prices, and will have significant impact on profit. However, the findings reveal that there is no significance between competitive advantage and product innovation at (0.002; t = 0.203, p > 0.05), and there is no significance between product innovation and enterprise survival at (-0.035; t = -1.583, p > .05). As a result, the food and beverage enterprises should concentrate more on product innovation so that they will be able to stand the intensity of competition. The results emanated from the study is germane as it make significant contribution to literature and the body of knowledge and on strategic management by enlightening that competitive intensity is a necessary inducement for product innovation.

Cultivating product innovation performance through creativity: the impact of organizational agility and flexibility under technological turbulence

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Wilert Puriwat ◽  
Danupol Hoonsopon
Keyword(s):  
Product Development ◽  
New Product Development ◽  
Product Innovation ◽  
New Product ◽  
Innovation Performance ◽  
Incremental Innovation ◽  
Organizational Agility ◽  
Content Type ◽  
Technological Turbulence ◽  
The Impact

PurposeThis study is to compare the impact of organizational agility and flexibility on performance of each type of product innovation (radical vs incremental innovation). Additionally, the moderating effect of technological turbulence on the relationship between the two types of organization is examined.Design/methodology/approachBased on gaps in the existing literature, the survey data are collected from managers who are in charge of developing new products in three industries: food and beverage, chemical and machinery (N = 431). Confirmatory factory analysis is used to verify measurement items and regression analysis is used to test hypotheses.FindingsThe results show that organizational agility increases performance in radical innovation both in a certain situation and an environment with technological turbulence. In contrast, the impact of organizational flexibility is limited to increasing performance in both radical and incremental innovation performance in a certain situation.Originality/valueOur study extends the knowledge of organizational agility and flexibility in the domain of product innovation. Adaptation of organization to respond the technological turbulence will stimulate creativity of new product development teams to produce new useful ideas and transform these ideas to product innovation. The different types of organizing a new product development team to handle technological turbulence will provide different results in product innovation performance. In addition, the findings provide a recommendation on how the organization of a new product development team can improve performance in each type of product innovation under technological turbulence.

ENTREPRENEURIAL SELF-EFFICACY AND FIRM PERFORMANCE IN CHALLENGING ENVIRONMENTS: EVIDENCE FROM THE FRANCHISE CONTEXT

2015 ◽  
Vol 20 (01) ◽  
pp. 1550004 ◽  
Author(s):  
DENISE M. CUMBERLAND ◽  
WILLIAM R. MEEK ◽  
RICHARD GERMAIN
Keyword(s):  
Firm Performance ◽  
Self Efficacy ◽  
External Environment ◽  
Financial Control ◽  
Competitive Intensity ◽  
Technological Turbulence ◽  
Predicting Performance ◽  
The Impact

The purpose of the current study is to investigate the impact of the five ESE dimensions on firm performance. More specifically, we examine whether any of the five ESE dimensions are important to firm performance when the external environment is either competitively intense or technologically turbulent. This study investigated these relationships using a sample of franchisees, an important audience understudied in entrepreneurial literature. We find that the three-way interaction of competitive intensity, technological turbulence and each of ESE innovation, ESE management, and ESE financial control predicts franchisee performance. This confirms the wisdom of studying ESE as consisting of specific dimensions (as opposed to holistically) because not all ESE dimensions interact with franchisee environment in predicting performance.

THE IMPACT OF ENVIRONMENTAL UNCERTAINTY DIMENSIONS ON ORGANISATIONAL INNOVATIVENESS: AN EMPIRICAL STUDY ON SMEs

2012 ◽  
Vol 16 (02) ◽  
pp. 1250015 ◽  
Author(s):  
CEVAHIR UZKURT ◽  
RACHNA KUMAR ◽  
HALIL SEMIH KIMZAN ◽  
HANIFE SERT
Keyword(s):  
Small And Medium Enterprises ◽  
Environmental Uncertainty ◽  
Market Demand ◽  
Business Managers ◽  
Competitive Intensity ◽  
Technological Turbulence ◽  
Turbulence Data ◽  
External Forces ◽  
Medium Enterprises ◽  
The Impact

The purpose of this study is to examine the effects of factors of environmental uncertainty on the innovativeness of small and medium enterprises (SMEs). Innovativeness is widely accepted as an important characteristic for firm competitiveness and it has been studied by both researchers as well as business managers. Environmental uncertainty is a measure of the complexity of changing external forces faced by an organisation and it crucially impacts the responses of organisations in order to stay competitive. Based on approaches in existing literature, this study conceptualises environmental uncertainty comprised three separate dimensions — competitive intensity, market/demand turbulence, technological turbulence. Data for the study were collected from 156 SMEs in Turkey. SMEs are regarded as an important ingredient in the economic growth of nations and especially so in developing nations such as Turkey. The findings of the study reveal that market/demand turbulence and technological turbulence have a positive effect on the innovativeness of SMEs. Interestingly and contrary to popular belief, competitive intensity was not found to have significant effect on an SME's innovativeness. The implication of the results from this research is that the degree of organisational innovativeness for SMEs tends to increase and therefore should be supported in environments with greater technological and market/demand turbulence. This research makes an important contribution to the developing body of innovation literature and provides directions for managers and researchers in influencing innovativeness of firms.

Strategic Culture and Environmental Dimensions as Determinants of Anomie in Publicly-Traded and Privately-Held Firms

2011 ◽  
Vol 21 (3) ◽  
pp. 473-502 ◽  
Author(s):  
Jean L. Johnson ◽  
Kelly D. Martin ◽  
Amit Saini
Keyword(s):  
Environmental Factors ◽  
Organizational Factors ◽  
Strategic Flexibility ◽  
Publicly Traded ◽  
Technological Turbulence ◽  
Ethics Research ◽  
Strategic Aggressiveness ◽  
The Impact ◽  
Privately Held

ABSTRACT:Anomie is a condition in which normative guidelines for governing conduct are absent. Using survey data from a sample of U.S. manufacturing firms, we explore the impact of internal (cultural) and external (environmental) determinants of organizational anomie. We suggest that four internal organizational factors can generate or suppress organizational anomie, including strategic aggressiveness, long-term orientation, competitor orientation, and strategic flexibility. Similarly, we argue that external contextual factors, including competitive intensity and technological turbulence, can influence organizational anomie. We extend anomie and ethics research by considering the impact of these firm cultural and environmental factors according to whether firms are publicly-traded or privately-held. Findings demonstrate that a number of firm cultural and environmental factors can generate or reduce anomie in firms. Moreover, strategic aggressiveness, long-term orientation, and strategic flexibility influence organizational anomie differently depending on whether the firm is publicly-traded or privately-held. Theoretical and practical implications of our findings are discussed.

scholarly journals The strategic innovation under information technological turbulence: the role of organisational resilience in competitive advantage

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Aluisius Hery Pratono
Keyword(s):  
Product Development ◽  
Competitive Advantage ◽  
New Product Development ◽  
Competitive Strategy ◽  
Marketing Communication ◽  
Content Type ◽  
Empirical Results ◽  
Technological Turbulence ◽  
Strategic Innovation ◽  
The Impact

Purpose This study aims to propose a structural model drawing from the theoretical literature, extending the relative research fields to the competitive strategy. The empirical results involve data collection of 582 data that represents various enterprises in the Indonesian context. The authors develop four scenarios of strategic innovation based on the empirical findings, which extend the discussion on the concept of competitive strategy. Design/methodology/approach This paper aims to examine the impact of organisational resilience and marketing communication on competitive advantage through new product development under information technological turbulence. Findings The results indicate that product development is less effective to firm competitive advantage during the high information technological turbulence than during low information technological turbulence. This study shows that organisational resilience and marketing communication help firms achieve a competitive advantage. The authors also identify four scenarios for strategic innovation, drawing from empirical results. Originality/value This paper extends the literature of resource-based views by proposing a model that concerns product development as the primary determinant of competitive advantage. In addition, this study discusses the intersection between the concept of dynamic capability and contingency theory by examining how firms deal with information technological turbulence.

scholarly journals Research on the impact of firm’s innovation - driven on new product innovation performance

2019 ◽  
Vol 10 (2) ◽  
pp. 596
Author(s):  
Yan Qu ◽  
Chun-Shuo Chen
Keyword(s):  
Competitive Advantage ◽  
Market Orientation ◽  
Absorptive Capacity ◽  
Product Innovation ◽  
New Product ◽  
Innovation Performance ◽  
Internet Firms ◽  
The Impact ◽  
The Relationship ◽  
New Product Innovation

The framework of this research is based on the discovery in the clues of former researches that Innovation-driven is the pre factor for the firm to grow up or to gain the competitive advantage, and among them, market orientation and technological opportunity are two of the major determinant factors for the firm’s gaining the competitive advantage and improving the performance and profits. Based on knowledge-based theory, a questionnaire survey of 220 Internet firms in China was conducted to empirically analyze the relationship between innovation driven, absorptive capacity, and new product innovation performance. The article found that: the absorptive capacity mediates the relationship between innovation-driven and new product performance, and market turbulence negative adjusts the relationship between market orientation and absorptive capacity. It is possible to understand more clearly the process of firms acquiring and digesting information, transforming and mining knowledge to achieve new product innovation performance by analyzing the process of knowledge absorption and conversion.

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