scholarly journals Investigating the impact of process and product innovation strategies on business performance due to the mediating role of environmental dynamism using structural equations modeling

2020 ◽  
Vol 17 (2) ◽  
Author(s):  
Hamed Zand ◽  
Babak Rezaei
Keyword(s):  
Product Innovation ◽  
Business Performance ◽  
Structural Equations ◽  
Environmental Dynamism ◽  
Structural Equations Modeling ◽  
Mediating Role ◽  
Innovation Strategies ◽  
The Impact

R&D volatility and market value: the role of executive overconfidence

2019 ◽  
Vol 14 (2) ◽  
pp. 411-431
Author(s):  
Benlu Hai ◽  
Qingzhu Gao ◽  
Ximing Yin ◽  
Jin Chen
Keyword(s):  
Business Performance ◽  
Positive Impact ◽  
Market Value ◽  
Data Set ◽  
Content Type ◽  
Dynamic Perspective ◽  
Innovation Strategies ◽  
The Impact ◽  
The Relationship

Purpose Significant increase or decrease in research and development (R&D) expenditure may have an immense impact on market value. Based on the punctuated equilibrium theory, this paper aims to empirically analyze the impact of R&D volatilities on market value and the moderating effect of executive overconfidence. Design/methodology/approach The study uses the panel data set that covers 902 Shanghai and Shenzhen A-share manufacturing listed firms and multiple regression method to test the theoretical hypotheses. Findings The results show that both positive and negative R&D volatilities have a robust and significant positive impact on the market value. Further analysis shows that the executive overconfidence positively moderates the relationship between R&D volatilities and market value. Research limitations/implications In a rapidly changing and highly competitive environment, firms should recognize that the balance of innovation strategies will help to bring higher market value. Furthermore, firms could improve corporate governance to make the best of managerial characteristics, such as overconfidence, on the innovation decision-making process. Originality/value By pushing the static perspective to a dynamic perspective and empirically documenting the role of executive overconfidence, this study contributes to the literature on the relationship between R&D expenditure and market value, generating theoretical and practical insights for firms to improve innovation governance and innovation strategies to achieve better business performance.

scholarly journals Brand experience and brand attachment as drivers of WOM in hospitality

2020 ◽  
Vol 24 (2) ◽  
pp. 231-246
Author(s):  
Mónica Gómez-Suárez ◽  
Mónica Veloso
Keyword(s):  
Online Survey ◽  
Structural Equations ◽  
Brand Experience ◽  
Emotional Attachment ◽  
Content Type ◽  
Four Dimensions ◽  
Mediating Role ◽  
Proposed Model ◽  
The Impact

Purpose The purpose of this paper is to develop a model to measure the impact of brand experience in the hotel industry, on word-of-mouth (WOM) recommendations while accounting for the possible mediating role of people’s emotional attachment with the brand. Design/methodology/approach Data were collected through an online survey of 416 hotel customers. The proposed model was tested with structural equations modelling (SEM). Findings The results suggest that brand experience in the hotel sector is a consequence of four dimensions: location, ambience, staff and Web, in that order of influence. In addition, the study confirms the mediating role of emotional attachment in the relationship between experience and WOM recommendations. However, the experience itself has a greater direct impact than the attachment. Practical implications By knowing the dimensions that comprise the hotel brand experience, managers can design more impactful experiences that create strong links with guests, thereby increasing WOM recommendations. Originality/value This paper enriches the existing literature on brand experience in the hospitality sector and provides evidence of the mediating role of emotional bonding. Previous research has proven that linking is a consequence of experience, but not yet examined its mediating role.

scholarly journals Contributions to Sustainability in SMEs: Human Resources, Sustainable Product Innovation Performance and the Mediating Role of Employee Creativity

2021 ◽  
Vol 13 (4) ◽  
pp. 2008
Author(s):  
Lucía Muñoz-Pascual ◽  
Jesús Galende ◽  
Carla Curado
Keyword(s):  
Human Resources ◽  
Product Innovation ◽  
Structural Equations ◽  
Innovation Performance ◽  
Organizational Level ◽  
Employee Creativity ◽  
Individual Level ◽  
Mediating Role ◽  
Sustainable Product

The analysis of human resources and sustainable innovation through organizational variables is useful, albeit limited, for predicting complex interactions for sustainability development in small and medium-sized enterprises (SMEs). This paper seeks to overcome this limitation, proposing three models with variables at two levels, namely, for the development of creativity (individual level) and sustainable product innovation performance (organizational level) and sustainability development. Theoretical models are tested using the Structural Equations Model. It is posited that knowledge, motivation, and relationships (individual level) may be predictors of creativity. In addition, creativity is analyzed as a mediator between human resources and sustainable product innovation performance. In this way, it is easier for SMEs to detect on which aspects of HR they should place greater emphasis for sustainable product innovation performance (PIP), with the purpose of reducing the ones associated with the Covid-19 crisis and obtaining a sustainable world. Information was obtained through an online questionnaire involving a sample of 245 certified innovative Spanish SMEs. The results support major findings: (a) knowledge, (b) motivation, and (c) relationships have a positive impact on creativity; (d) the three models hold that creativity fully mediates human resources and sustainable product innovation performance. The paper contributes to the literature on the human resources and sustainable product innovation performance by adopting a multidisciplinary approach, as well as by analyzing variables on two levels, measuring the most internal aspects of employees (wishes, emotions, ideas, or feelings), and explaining the mediating role of employee creativity.

How Customer Relationship Management (CRM) and Innovation Influence Business Performance Mediating Role of Innovation

2018 ◽  
Vol 9 (2) ◽  
pp. 1-15
Author(s):  
Mona Jami Pour ◽  
Elnaz Nabizadeh Mamani ◽  
Mohammad Rahimzadeh
Keyword(s):  
Customer Relationship Management ◽  
Business Performance ◽  
Direct Relationship ◽  
Customer Relationship ◽  
Improve Performance ◽  
Management Tools ◽  
Mediating Role ◽  
The Impact ◽  
The Relationship

According to Bain & Company, CRM is at the top of management tools in recent years. This article aims to answer the productivity paradox of CRM and investigates the impact of both CRM and innovation on firm performance and also investigating mediating role of innovation to explain the effect of CRM on performance. To obtain research objective, an empirical study was conducted. For evaluating conceptual model, survey instrument was developed. The relationship between dimensions of CRM and innovation, as well as the relationship between innovation and business performance, were approved, but direct relationship between dimensions of CRM and business performance, according to the data collected, was not approved. Innovation and CRM both are valuable capabilities, which are viewed necessary to achieve a competitive advantage. However, there are little researches about how the interaction of these two concepts improve performance, and despite massive investments in the field of CRM, its impact on business is ambiguous.

THE EFFECT OF STRATEGIC FORESIGHT ON COMPETITIVE ADVANTAGE WITH THE MEDIATING ROLE OF ORGANISATIONAL AMBIDEXTERITY

2016 ◽  
Vol 20 (03) ◽  
pp. 1650040 ◽  
Author(s):  
AYDA AMNIATTALAB ◽  
REZA ANSARI
Keyword(s):  
Strategic Planning ◽  
Literature Review ◽  
Competitive Advantage ◽  
Direct Effect ◽  
Positive Impact ◽  
Structural Equations ◽  
Structural Equations Modeling ◽  
Mediating Role ◽  
Strategic Foresight

In the recent, the aspect of foresight is considered globally important. Specially, it has gained a meaningful position in strategic planning. This study examines the quantitative relationships between strategic foresight, ambidexterity and competitiveness of firms. Based on the literature review, it appears that strategic foresight has positive impact on organisational ambidexterity which in turn contributes to competitive advantage. We have utilised structural equations modeling (SEM) to empirically test the mentioned relationships in Iran’s nanotechnology firms. Results show that the degree of strategic foresight has a direct effect on organisational ambidexterity which in turn affects competitive advantage.

scholarly journals Antecedents of Product Innovation for Vietnamese SMEs: The Roles of Transformational Leadership and Organizational Culture

2021 ◽  
pp. 1-12
Keyword(s):  
Transformational Leadership ◽  
Organizational Culture ◽  
Product Innovation ◽  
Structural Equations ◽  
Collaborative Culture ◽  
Innovation Capability ◽  
Fundamental Factor ◽  
Mediating Role ◽  
Innovation Product ◽  
The Impact

Innovation capability is regarded the fundamental factor for firms to survive and achieve competitive advantage in the context of increasing competitive pressure. The purpose of this paper is to elaborate the impacts of transformational leadership (TL) on innovation product via mediating role of a certain form of organizational culture namely collaborative culture. The paper used Structural Equations Modeling (SEM) to examine the relationship among these latent factors using survey data gathered from 215 participants of 61 medium and small-sized firms in Vietnam. The findings of this study highlight the significant impact of TL on product innovation compared to the impact of collaborative culture on product innovation. This study reveals that collaborative culture significantly serves as a crucial mediator in linking the effects of TL on product innovation. Importantly, the findings of this study have advanced the understanding and brought new initiatives on key antecedents by which CEOs and managers should follow and focus their efforts to improve product innovation capability for Vietnamese SMEs. Keywords: Transformational leadership; Organizational culture; Collaborative culture; Product innovation; Innovation capability

scholarly journals Network capability, relational capability and Indonesian manufacturing SME performance: an empirical analysis of the mediating role of product innovation

2021 ◽  
Vol 13 (1) ◽  
pp. 41-52
Author(s):  
Naili Farida ◽  
Nuryakin
Keyword(s):  
Knowledge Sharing ◽  
Empirical Analysis ◽  
Product Innovation ◽  
Business Performance ◽  
Mediating Role ◽  
Marketing Performance ◽  
Central Java ◽  
Network Capability ◽  
A Company

Abstract The relational capability can create networks and build relationships to be an essential part of a company to improve business performance. This study aims to empirically prove the influence of knowledge sharing on product innovation, the effect of network capability on product innovation and business performance, the effect of relational ability on product innovation and business performance, and the effect of product innovation on business performance. The sample of this research was created from owners of batik manufacturing SMEs in Lasem, Rembang, Central Java. The study used SEM-PLS for analysis. The results found that (1) knowledge sharing had a positive and significant effect on product innovation; (2) network capability had a positive and significant impact on product innovation and business performance; (3) relational ability had a positive and significant effect on product innovation and business performance; (4) greater effect of product innovation affects business performance. The role of product innovation is to mediate between knowledge sharing and marketing performance. SMEs can improve business performance.

scholarly journals Digital entrepreneurship and its impact on digital supply chains: The mediating role of business intelligence applications

2022 ◽  
Vol 6 (1) ◽  
pp. 233-242 ◽  
Author(s):  
Heba Awawdeh ◽  
Hanadi Abulaila ◽  
Abdallah Alshanty ◽  
Amrou Alzoubi
Keyword(s):  
Supply Chains ◽  
Random Sample ◽  
Business Intelligence ◽  
Structural Equations ◽  
Simple Random Sample ◽  
Holistic View ◽  
Mediating Role ◽  
The Impact ◽  
Digital Entrepreneurship

This study aimed to test and evaluate the impact of Digital Entrepreneurship and its impact on digital supply chains in Jordanian hotels, and the mediating role of digital supply chains in this relationship. The descriptive analytical method was used, and the study population consisted of (835) male and female employees, and a random sample was used with a simple random sample of (342) participants. To achieve the objectives of the study, a developed questionnaire was used to collect data from the sample members. The study adopted the Statistical Package for Social Sciences (SPSS.V.22) and Structural Equations Modeling (SEM) using the AMOS program for path analysis and to perform statistical analysis using: Descriptive and inferential statistics measures, including Multiple linear regression, Pearson correlation coefficient, skew coefficient, multiple linear correlation, variance inflation coefficient and permissible variance. The study reached results, the most important of which were: The most important results of the study were: the presence of an important impact of Digital Entrepreneurship in digital supply chains and the presence of a significant impact of Digital Entrepreneurship through business intelligence applications as an intermediate variable in digital supply chains. The study recommends the need to enhance Digital Entrepreneurship in Jordanian hotels by focusing on the holistic view of these hotels and their environment, whether the internal environment that focuses on strengths and weaknesses in the hotel’s capabilities or their external environment that brings opportunities and challenges.

scholarly journals Intra-Organizational Social Capital and Product Innovation: The Mediating Role of Realized Absorptive Capacity

2021 ◽  
Vol 11 ◽  
Author(s):  
Beatriz Ortiz ◽  
Mario J. Donate ◽  
Fátima Guadamillas
Keyword(s):  
Social Capital ◽  
New Product Development ◽  
Absorptive Capacity ◽  
Product Innovation ◽  
Structural Equations ◽  
Organizational Social Capital ◽  
Mediating Role ◽  
Pharmaceutical Industries ◽  
Realized Absorptive Capacity

This paper examines the influence on product innovation of factors based on a company’s transformation and exploitation of knowledge gathered from its intra-organizational relationships. Specifically, this paper analyses the influence of intra-organizational social capital (SC) (i.e., comprised of structural, relational, and cognitive dimensions) on realized absorptive capacity (RACAP). Moreover, it analyses the mediating role of RACAP on the relationship between internal SC and product innovation. Based on a sample of companies from the Spanish biotechnological and pharmaceutical industries, two hypotheses were tested using a structural equations model and the partial least squares (PLS) technique. The results support both hypotheses, suggesting that the development of strong and tightly knit links based on a common understanding and trust among company members lead the firm to develop dynamic capabilities for transforming and exploiting knowledge acquired externally, which fosters innovation based on new product development. Research limitations, implications and future research are also discussed by the authors of the paper.

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