The dynamics of product and process innovations in UK banking

2006 ◽  
Vol 1 (4) ◽  
pp. 400 ◽  
Author(s):  
Bernardo Batiz Lazo ◽  
Kassa Woldesenbet
2005 ◽  
Vol 6 (4) ◽  
pp. 259-273 ◽  
Author(s):  
Robert Strohmeyer ◽  
Vartuhi Tonoyan

Analysing 1,055 female- and 2,207 male-owned businesses in Germany, the authors found that the former underperformed compared with the latter in terms of employment growth and firm innovativeness. Controlling for endogeneity, ie feedback effects between employment growth and innovation, it was demonstrated that the lower employment growth in women-owned businesses was mainly due to women's lower commitment to product and process innovations, a phenomenon that is referred to in this study as the ‘female–male innovation gap’. The female–male innovation gap apparently goes back to occupational sex segregation, with women populating occupations and choosing fields of study or apprenticeship training that are less technical or technology-oriented and thus less likely to provide them with important resources (eg technical know-how) and favourable conditions needed for the development and implementation of product and process innovations.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Innocent Senyo Kwasi Acquah ◽  
Dacosta Essel ◽  
Charles Baah ◽  
Yaw Agyabeng-Mensah ◽  
Ebenezer Afum

PurposeThe need to engage in manufacturing practices that promote environmental sustainability has shifted from being optional to mandatory. From the perspectives of institutional and stakeholder theories, this paper captures the efficacy of isomorphic pressures on the adoption of green procurement, green product and process innovations and their respective influence on organizational legitimacy and financial performance in the context of an emerging economy and from the perspective of manufacturing small-and medium-sized enterprises.Design/methodology/approachThe study adopted a survey research design, a quantitative approach and partial least square structural equation modelling (PLS-SEM) technique in making data analysis and interpretations due to its suitability for predictive research models.FindingsAnalysis of the results highlighted the fact that the composite impact of coercive, mimetic and normative isomorphic pressures robustly influenced the adoption of green procurement, green product and process innovations. Simultaneously, green procurement, green product and process innovations significantly influenced organizational legitimacy. Green procurement and green product innovation also significantly influenced financial performance unlike green process innovation that had an insignificant yet positive impact on financial performance. Based on the results, theoretical and practical implications are explained for policy makers, managers, government authorities and owners.Originality/valueThe study is among the first to expose isomorphic pressures on the adoption of green manufacturing practices specifically, green procurement, green product and process innovations and their influence on organizational legitimacy and financial performance in the context of Ghana, an emerging economy and from the perspective of small-and medium-sized enterprises. As such, the study provides guidance to relevant industry authorities and stakeholders in further promoting green manufacturing practices that preserve the environment by producing safer consumer products through efficient green procurement, green product and process innovative practices.


2008 ◽  
Vol 24 (02) ◽  
pp. 82-91
Author(s):  
Dae Kyun Oh ◽  
Yeon Hwan Jeong ◽  
Yong Gyun Kim ◽  
Jong Gye Shin ◽  
Yong Hwan Yeo ◽  
...  

Since the concept of integrated product development environment (IPDE) was introduced from the US Department of Defense, the Korean navy has made efforts to apply the concept to its naval design and production. Recently, the Korean navy has supported a project for naval shipbuilding to achieve the advanced defense acquisition program. This project focuses on the integration of naval shipbuilding information. The Product Model Management System (PMMS) for Korean naval acquisition was a partial result of the project. The architecture of PMMS and the product structure of a naval ship are proposed in this paper. Also, the data acquisition process among acquisition program administration offices and contractors is defined for the construction of three-dimensional naval ship product models in PMMS. By constructing the product model on previous Korean naval ships, the PMMS was confirmed to a suitable innovative acquisition strategy. PMMS is on the leading edge of new product and process innovations in the Korean naval shipbuilding.


2019 ◽  
Vol 11 (9) ◽  
pp. 2479 ◽  
Author(s):  
Dragana Radicic ◽  
Jonathan Pinto

Based on the two knowledge dimensions of availability and accessibility, this study investigates the influence of cooperation with external organizations on technological, product, and process innovations. Using longitudinal data from Spanish manufacturing firms, we estimate dynamic random-effects probit models and thus take into account that technological innovations exhibit persistent behavior. We find that cooperation with suppliers and universities is positively associated with both product and process innovations. However, sectoral analysis according to technological intensity reveals that cooperation with suppliers increases the propensity to technological innovation in industries with a higher degree of technological intensity, while cooperation with universities increases the likelihood of innovation in industries with a lower degree of technological intensity. Moreover, empirical results indicate a high degree of true or genuine state dependence in both types of innovations. Based on these findings, we discuss the theoretical, managerial, and policy implications of the study.


2019 ◽  
Vol 11 (4) ◽  
pp. 1085 ◽  
Author(s):  
Enrique Loredo ◽  
Nuria Lopez-Mielgo ◽  
Gustavo Pineiro-Villaverde ◽  
María García-Álvarez

Pro-market reforms have disrupted the playing field and strongly affected the innovative behavior of electricity, gas and water utilities. Beyond a significant reduction in sectoral R&D investments, very little is known about how these firms accomplish their innovation strategies in this new scenario. Given this gap in the literature, the first aim of this paper is to identify the internal determinants of both the product and process innovation of utilities in a liberalized environment. Additionally, there is another external force that is also disrupting the specific landscape of utilities: the sustainability challenge. Therefore, the second aim of this paper is establishing whether sustainability-orientation is a driver of innovation in the utilities industries. The empirical study is carried out on a panel of 82 Spanish electricity, gas and water utilities over the period 2005–2012 (Technological Innovation Panel dataset (PITEC)). The main findings are: (i) the acquisition of disembodied knowledge does not play a relevant role for utilities; (ii) non-formal search processes are central to product innovation; (iii) some markets for technology –external R&D and technology embedded in equipment—are determinant factors for process innovation; (iv) sustainability orientation increases the likelihood of generating both, product and process innovations. These firm-level results are novel contributions to the field of utility management.


2015 ◽  
Vol 19 (02) ◽  
pp. 1550030 ◽  
Author(s):  
JOAQUÍN MONREAL-PÉREZ ◽  
ANTONIO ARAGÓN-SÁNCHEZ ◽  
GREGORIO SÁNCHEZ-MARÍN

In this paper, we examine a sample of 2000 Spanish industrial firms over the period 2001–2010 to analyse whether the self-selection hypothesis explains the relationship between innovation and the export activity of the company. In addition, we analyse how productivity moderates that relationship. The results indicate that the hypothesis does explain the effect of product and process innovations: Overseas foreign markets select those companies that have previously secured product or process innovations, while investment in research and development (R&D) does not increase the propensity for companies to export. On the other hand, the productivity of the company intensifies this effect. These results are robust in the face of fixed effects, different specifications of export activity and endogeneity, the last of which suggests possible effects of learning by exporting.


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