Innovation in the Hungarian food economy

The paper investigates the innovation process in the Hungarian agri-food sector using the concept of open innovation. The empirical analysis is based on the data from a 2011 survey of more than 200 small and medium size agricultural producers, food processors and retailers. There is determined the impact of open innovation and a company’s absorptive capacity on the innovation performance employing two stage approaches. First, a cluster analysis is applied to categorise companies based on their open innovation absorptive capacity, firm and managerial characteristics. Second, using semi-non parametric probit models, there is found that open innovation positively influences the innovation performance for the product and market innovation. Estimations indicate that the absorptive capacity has positive impacts on the technological- and organisational innovation and on innovation propensity. The results suggest that there exists a considerable heterogeneity both within and between the supply chain segments regarding to the innovation performance.

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SEARCHING WIDELY OR DEEPLY? THE IMPACT OF OPEN INNOVATION ON INNOVATION AND INNOVATION PERFORMANCE AMONG INDONESIAN MANUFACTURING FIRMS

Journal of Indonesian Economy and Business ◽

10.22146/jieb.29218 ◽

2018 ◽

Vol 33 (2) ◽

pp. 123

Author(s):

Arif Hartono ◽

Ratih Kusumawardhani

Keyword(s):

Technological Innovation ◽

Open Innovation ◽

Innovation Process ◽

Manufacturing Firms ◽

Innovation Performance ◽

External Knowledge ◽

Process Innovations ◽

Innovation Surveys ◽

External Sources ◽

The Impact

Since the term Open Innovation (OI) was coined by Henry Chesbrough in 2003, OI studies have been frequently conducted. Surprisingly, OI insights, in the context of Indonesian firms, are scarce. Furthermore, there are no existing OI studies that use data derived from innovation surveys. Hence, this study attempts to close the gap in the literature, by providing insights into Indonesian firms’ openness toward external knowledge, and its impact on innovation performance. The main aim of this study is to investigate the impact of OI practices on Indonesian manufacturing firms’ propensity to innovate (i.e. their product, process, organization, and marketing) and innovation performance. Product and process innovations are grouped under the term technological innovation, while organization and marketing innovations are classified as non-technological innovation. Data used in this study were derived from the Indonesia Innovation Survey (IIS) 2011 that covered the period from 2009-2010. Following Laursen and Salter’s (2006) study, OI indicators consist of external search breadth (i.e. the number of external sources or search channels that firms rely upon in their innovative activities) and depth (the extent to which firms draw deeply from the different external sources or search channels) in innovation process. Undertaking logistic and tobit regressions, this study shows that in general, both breadth and depth significantly and positively affect technological and non-technological innovation, as well as innovation performance. However, the over-search on external knowledge, measured by breadth squared and depth squared, negatively and significantly influence innovation and innovation performance. This indicates that too much external knowledge, sourced during the innovation process will diminish the return of innovation. This study also finds an indication of a complementary relationship existing between internal R&D and external knowledge; meaning that the implementation of one knowledge-sourcing strategy (either sourcing from internal R&D or external knowledge) increases the marginal returns from another. Lastly, important implications related to theoretical and innovation strategies are proposed.

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How R&D originality affects open innovation under knowledge spillovers?

European Journal of Innovation Management ◽

10.1108/ejim-12-2018-0276 ◽

2019 ◽

Vol 23 (4) ◽

pp. 604-628

Author(s):

Zongjun Wang ◽

Zhenyu Jiang

Keyword(s):

Open Innovation ◽

Knowledge Spillovers ◽

Negative Impact ◽

Innovation Process ◽

Innovation Performance ◽

Hierarchical Regression ◽

Content Type ◽

Research Framework ◽

Managerial Practices ◽

The Impact

Purpose The purpose of this paper is to investigate how R&D originality functions in an open innovation process after the introduction of knowledge spillovers (KSs). Design/methodology/approach To examine the research framework, the authors use hierarchical regression based on questionnaire data from 211 emerging enterprises in China. Findings Consistent with the proposed framework, the authors find that the KS effect mediates the positive relationship between openness and innovation performance. In addition, R&D originality weakens the impact of the KS effect on innovation performance. Research limitations/implications One limitation is that the questionnaire survey the authors choose for data collection has some natural defects; furthermore, the testing method and research framework need to be improved. Practical implications Several implications of the findings for managerial practices are discussed. Originality/value First, the research expands the existing theoretical construct by introducing the KS effect into the open innovation process; second, the authors reveal the negative impact of R&D originality on the open innovation process.

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ICT SMEs, Performance, Absorptive Capacity and Transformative Capacity

Restaurant Business ◽

10.26643/rb.v118i3.7988 ◽

2019 ◽

Vol 118 (3) ◽

pp. 178-188

Author(s):

Yeon-Sung Cho ◽

Kyung-Il Khoe

Keyword(s):

Firm Performance ◽

Market Orientation ◽

Empirical Analysis ◽

Absorptive Capacity ◽

Latent Variables ◽

Equation Modeling ◽

Transformative Capacity ◽

The Impact ◽

The Empirical Analysis ◽

Innovative Capacity

This study intends to integrate the relationship of market orientation, innovative capacity and firm performance to Information and Communication Technology(ICT) SMEs. The purpose of this study is to identify the role of absorptive capacity and transformative capacity that affect the performance of ICT SMEs. Hypotheses were established between five latent variables. A total of six hypotheses were established including the moderated effects of absorptive capacity and transformative capacity. Of the data collected after the survey, 112 valid surveys were selected as the final sample, except for 17 questionnaires with high non - response and insincere response. The empirical analysis of this study used smartpls3.0, Partial Least Squares (PLS), a variance-based structural equation modeling. The empirical analysis of this study revealed that the impact of market orientation on innovative capacity was significant. Moreover, the innovative capacity had a positive effect on the performance of ICT SMEs. In addition, the absorptive activity had a positive moderated effect between the market orientation and the innovative capacity. On the other hand, the transformative capacity showed a positive moderated effect in relation to innovative capacity and firm performance. Our empirical results have demonstrated the importance of knowledge based capacity in the ICT SMEs.

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Effects of Emerging-Economy Firms’ Knowledge Acquisition from an Advanced International Joint Venture Partner on Their Financial Performance Based on the Open Innovation Perspective

Journal of Open Innovation Technology Market and Complexity ◽

10.3390/joitmc7010067 ◽

2021 ◽

Vol 7 (1) ◽

pp. 67

Author(s):

Choo Yeon Kim ◽

Eun-Hwa Seo ◽

Canisha Booranabanyat ◽

Kwangsoo Kim

Keyword(s):

Financial Performance ◽

Knowledge Acquisition ◽

Absorptive Capacity ◽

Open Innovation ◽

Joint Venture ◽

Emerging Economy ◽

Innovation Performance ◽

Mediation Effect ◽

International Joint Venture ◽

International Joint

Although emerging-economy firms (E-E firms) must have a keen interest in improving their performance by utilizing knowledge transferred from their advanced international joint venture (IJV) partner, there has been little research on the performance implications of E-E firms’ knowledge transferred from their advanced IJV partner. So, drawing on open innovation and organizational learning perspectives, we examine whether, how, and when E-E firms’ knowledge acquisition from their IJV partner has a positive impact on their financial performance. Based on data collected from 127 Thai manufacturing firms with a local IJV partnered with an advanced overseas firm, our results reveal that E-E firms’ knowledge acquisition from their IJV partner has an overall positive influence on their financial performance in terms of growth and profitability. Our results further show that innovation performance mediates the relationship between E-E firms’ knowledge acquisition and their financial performance based on a moderated mediation analysis including innovation performance as a mediator and absorptive capacity as a moderator. It is also found that the positive mediation effect of innovation performance is more pronounced in the presence of higher absorptive capacity than otherwise. That is, our results show that even among E-E firms which have acquired much knowledge from their IJV partner, those with higher absorptive capacity achieve better innovation performance than those with lower absorptive capacity, and improved innovation performance subsequently contributes to producing superior financial performance. The key conclusions, implications, and limitations of our study are presented based on these findings.

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Measuring the impact of relational capital on customer performance in the SME B2B sector

Business Process Management Journal ◽

10.1108/bpmj-10-2016-0205 ◽

2017 ◽

Vol 23 (6) ◽

pp. 1144-1166 ◽

Cited By ~ 7

Author(s):

Lara Agostini ◽

Anna Nosella ◽

Benedetta Soranzo

Keyword(s):

Absorptive Capacity ◽

Open Innovation ◽

Moderating Effect ◽

High Tech ◽

Relational Capital ◽

Marketing Capability ◽

Content Type ◽

Innovation Practices ◽

External Actors ◽

The Impact

Purpose The purpose of this paper is to investigate the influence that different components of relational capital (marketing capability, open innovation with business and scientific partners, technological reputation, brand) have on customer performance (CP). Moreover, the moderating effect of absorptive capacity on such relationships is tested. Design/methodology/approach First, the direct relationship between the different components of relational capital and CP is analyzed through a linear regression model. Then, to test the moderating effect, two distinct regression analyses are conducted into two sub-samples, defined according to the level of absorptive capacity. The authors carried out these analyses on a sample of 150 small- and medium-sized enterprises (SMEs) in the medium- and high-tech B2B context. Findings Results of this study prove that CP is enhanced through firm marketing capability, open innovation with business partners and technological reputation, while brand and open innovation with scientific partner do not have an association with CP. In particular, the impact of marketing capability and open innovation with business actors on CP is greater for firms with higher absorptive capacity. Research limitations/implications This paper, highlighting the relevance of relational capital and absorptive capacity in improving CP, enhances our knowledge about the factors that help to strengthen the relationships with customers, which is an under-investigated issue especially for SMEs competing in B2B industries, and extends our knowledge on open innovation practices. Practical implications Findings of this paper suggest that, to achieve better CP, managers should pay special attention to nurturing their marketing capability and high-quality relationships with external actors and invest in absorptive capacity to enhance the positive effect of such linkages. Originality/value This work, combining the external perspective of relational capital and the internal organizational dimension of absorptive capacity, provides valuable insights about the knowledge and resource mix that firms might rely on to achieve better customer satisfaction and loyalty.

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Enhanced Innovation Process as a Key Driver of Bakery Performance

Sustainable and Responsible Entrepreneurship and Key Drivers of Performance - Advances in Business Strategy and Competitive Advantage ◽

10.4018/978-1-7998-7951-0.ch013 ◽

2021 ◽

pp. 215-238

Author(s):

Kafigi Jeje ◽

Vannie Naidoo ◽

Rahul Verma

Keyword(s):

Qualitative Study ◽

Innovation Process ◽

Pivotal Role ◽

Output Level ◽

Food Sector ◽

Professional Behaviour ◽

Key Driver ◽

The Impact ◽

The Relationship

Small and medium-sized enterprises (SME) in the food sector play a pivotal role in contributing to the developing county's economy. In order to improve a small and medium-sized enterprises (SME), one key driver is innovation, and for innovation initiatives to grow and succeed, they depend largely on the leadership and the innovation capabilities of the firm. This chapter will shed more light on the impact of the enhanced innovation process on the performance of small and medium-sized enterprise (SME) bakeries. A qualitative study was conducted on 186 registered bakery owners/managers of bakeries. The results indicated that the relationship between enhanced innovation process and output level in small and medium-sized enterprises (SME) bakeries are significant. It has been revealed that the workforce's professional behaviour, the acquired competency through training, and the rewarding systems moderate the relationship between enhanced innovation process and output level in small and medium-sized enterprise (SME) bakeries.

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THE IMPACT OF MARKETING’S INNOVATION-RELATED CAPABILITIES ON A FIRM’S INNOVATION PERFORMANCE

International Journal of Innovation Management ◽

10.1142/s1363919620500541 ◽

2019 ◽

Vol 24 (06) ◽

pp. 2050054

Author(s):

OSMAN GÖK ◽

SINEM PEKER

Keyword(s):

Innovation Process ◽

Innovation Performance ◽

Marketing Capabilities ◽

Mediation Model ◽

Firm Level ◽

Innovation Development ◽

Marketing Department ◽

Moderated Mediation Model ◽

Proposed Model ◽

The Impact

Innovation performance is a potential source of competitive advantage for any firm. A capable marketing department (MD) can contribute significantly to the market success of the new products and services offered. Therefore, understanding the impact of marketing’s innovation-related capabilities in the innovation process is an important area of inquiry to achieve a more innovative and competitive company. This study examines the relations among relevant MD capabilities, marketing’s decision influence on innovation development and a firm’s innovation performance. The results indicate that the capabilities of the MD are strongly associated with the firm’s innovation performance. Our findings also demonstrate that marketing capabilities have a positive relationship with the department’s influence on innovation development. However, the department’s influence on innovation decisions has no effect on the firm’s innovation performance. We proposed a moderated mediation model considering a set of firm-level and environmental contingency variables. Results reveal that the proposed model relationships are indifferent for all the sub-groups of moderators.

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How does IT capability affect open innovation performance? The mediating effect of absorptive capacity

European Journal of Innovation Management ◽

10.1108/ejim-02-2019-0043 ◽

2019 ◽

Vol 24 (1) ◽

pp. 43-65 ◽

Cited By ~ 2

Author(s):

Suming Wu ◽

Xiuhao Ding ◽

Ruihong Liu ◽

Hui Gao

Keyword(s):

Absorptive Capacity ◽

Open Innovation ◽

Innovation Performance ◽

Mediating Effect ◽

Firm Level ◽

Content Type ◽

Mediating Role ◽

It Capability ◽

The Relationship ◽

Realized Absorptive Capacity

Purpose Open innovation and information systems have been key topics in the theoretical domain, but little empirical research thoroughly examines how information technology (IT) capability affects open innovation performance. Thus, the purpose of this paper is to explore the relationship between IT capability and open innovation performance and to expose the inner mechanism at the firm level. Design/methodology/approach This paper collected firm-level data in China; 232 usable questionnaires from different firms were collected. Then, the study used a structural equation model by AMOS for hypothesis testing. Findings The results indicate that both internal IT capability and external IT capability have positive impacts on open innovation performance; potential absorptive capacity and realized absorptive capacity mediate the relationship between external IT capability and open innovation performance. Additionally, realized absorptive capacity plays a mediating role in the relationship between internal IT capability and open innovation performance. Practical implications These findings indicate that practitioners should pay attention to the important relationship between absorptive capacity and IT capability and open innovation performance in Chinese businesses. Originality/value Existing research has emphasized the influence of IT on open innovation, but empirical studies have not thoroughly focused on the inner mechanisms of the effect of IT capability on open innovation performance. Drawing on firm capability theory, this paper classifies IT capability as internal and external IT capability and absorptive capacity as potential and realized absorptive capacity. Then, this paper confirms the mediating role of absorptive capacity between IT capability and open innovation performance.

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Innovation outcomes of knowledge-seeking Chinese foreign direct investment

Chinese Management Studies ◽

10.1108/cms-01-2015-0021 ◽

2015 ◽

Vol 9 (1) ◽

pp. 73-96 ◽

Cited By ~ 4

Author(s):

Xianming Wu ◽

Nathaniel C. Lupton ◽

Yuping Du

Keyword(s):

Organizational Learning ◽

Absorptive Capacity ◽

Multinational Enterprises ◽

Innovation Performance ◽

Primary Data ◽

Content Type ◽

Chinese Multinationals ◽

Positive Direct ◽

Knowledge Seeking ◽

The Impact

Purpose – The purpose of this paper is to investigates how organizational learning, absorptive capacity, cultural integration, specialization of the acquired firm and characteristics of transferred knowledge impact innovation performance subsequent to overseas acquisitions. Design/methodology/approach – Survey responses from 222 Chinese multinational enterprises engaged in overseas acquisitions. Findings – Differences between acquiring and acquired firms’ capabilities, while having a positive direct influence, suppress the positive impact of organizational learning and absorptive capacity, suggesting that multinationals require some basic level of capabilities to appropriate value from overseas acquisitions. Research limitations/implications – This paper investigates the impact of knowledge-seeking overseas acquisition of Chinese multinationals on innovation performance, as this appears to be the primary motive for making such acquisitions. Practical implications – Knowledge-seeking overseas acquisition should be based upon the absorptive capacity of the acquiring firm and complementarity between both firms. In knowledge-seeking overseas acquisitions, establishing an effective organizational learning mechanism is necessary for improving innovation performance. Originality/value – This paper reports on the behaviour and innovation performance of Chinese multinationals through analysis of primary data.

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