scholarly journals Technology Readiness and Digital Competing Capabilities: Digital Value Resonance

2021 ◽  
Vol 6 (2) ◽  
pp. 205
Author(s):  
Roymon Panjaitan ◽  
Agustinus Moonti ◽  
Echan Adam
Keyword(s):  
Product Innovation ◽  
Digital Economy ◽  
Technology Readiness ◽  
Previous Researcher ◽  
Resource Based View ◽  
Technological Readiness ◽  
Innovative Products ◽  
Consumer Habits ◽  
Relationship Of ◽  
The Relationship

The digital economy for MSMEs still possesses complex problems in the debate over technology readiness and competitive digital capabilities. The increase of dynamic product innovation changes is only effectively supported by digital value resonance. Addressing this issue, this research aims to explore the readiness of technology and the ability to compete digitally for innovative products through the resonance of digital value, especially for multi-business businesses. The data were collected from 170 respondents of small and medium-sized businesses through questionnaires. SEM-PLS techniques were used to analyze the data with a path mediated by digital value resonance on product innovation. The results showed that the resonance of digital value successfully mediated the relationship of technological readiness and digital competing capabilities, as well as direct links to the improvement of innovative products. Digital consumer habits also successfully strengthened the relationship of technological readiness and digital competing capabilities on the resonance of digital value. The advantages of this research lie in the synthesis of proposed digital value resonance variables from the results of resource-based view theory propositions in bridging the previous researcher gaps and contributing as a conceptual novelty model that can personalize digital value in the level of competition and increase MSMEs innovation products.

scholarly journals Improving Regional Socio-Economic Policies Based on Human Capital Management

2021 ◽  
Vol 58 (2) ◽  
pp. 1166-1174
Author(s):  
Gairat Zuvaitovich Ubaydullaev
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Digital Economy ◽  
Economic Policies ◽  
Human Capital Management ◽  
Economic Relations ◽  
Theoretical Substantiation ◽  
Socio Economic Development ◽  
Relationship Of ◽  
The Relationship

Theoretical substantiation and development of an organizational and economic mechanism for managing human capital in the development of the country. The purpose of the study is to study the theoretical and methodological foundations for the development of human capital and the digital economy in the economy of Uzbekistan.The purpose of this work is to identify the development of socio-economic relations that characterize the relationship of human capital as an innovative factor in socio-economic development. The study focuses on the concepts and strategies of the country’s socio-economic development, developed by the state, giving priority attention to the growth of human capital and the development of the digital economy, the formation of targeted problem-solving programs.Comparisons and similarities in the work of our historical scientists in the development of the education system are the main goal in the growth of human capital.

scholarly journals Developing the Concept of Firm Success among Muslim SMEs in Malaysia: a Study of Islamic Religion Practices as Moderator

2018 ◽  
Vol 7 (3.30) ◽  
pp. 374
Author(s):  
Nadratun Nafisah Abdul Wahab ◽  
Shahrina Othman ◽  
Noraini Binti Nasirun @ Hirun ◽  
Abdullah Abdul Ghani ◽  
Mohd Rushdi Idrus
Keyword(s):  
Entrepreneurial Orientation ◽  
Structural Equation ◽  
Success Factors ◽  
Future Research ◽  
Business Success ◽  
Resource Based View ◽  
Firm Success ◽  
Islamic Religion ◽  
Relationship Of ◽  
The Relationship

This paper intended to develop the concept of firm success among Muslim SMEs in Malaysia. The researchers used entrepreneurial orientation multidimensional as independent variable (innovative, risk and proactive) to examine the relationship of these dimensions towards the success of Muslim SMEs by using Islamic religion practices as moderator. It is about developing the concept of Islamic success factors, as the failure of Muslim SMEs is alarming and the empirical references to Muslim SMEs success focusing on Islamic religion practices are limited. There were many attempts to connect entrepreneurial orientation to the Resource-Based View theory of firms. Resource-Based View, as underpinning theory, helps to describe the proposed research theoretical framework. Recent studies related to firm success have shown that entrepreneurial orientation is composed of innovation, risk and proactive having significant relationship with the firm success in the develop countries. However in Malaysia, there was only one study has documented the conceptual religiosity that influence relationship between entrepreneurial orientation and business success of entrepreneurs among the Malay community. The methodology for this study uses quantitative analysis, specifically, the Partial Least Squares Structural Equation Modelling (PLS-SEM) in processing the data. The population of the study is 2,286 PUNB (Perbadanan Usahawan Nasional Berhad) firms in Malaysia. Finally, this concept finding is able to facilitate future research proposals and to fill the knowledge gap in Resource-Based View concerning the relationship of Resource-Based View towards firm success. This study also contributed to the Resource-Based View literature on the perspective of Islamic religion practices as moderator. 

The Relationship of Strategic Intent to the Enablers and Inhibitors of E-Business Adoption in SMEs

2011 ◽  
pp. 244-270 ◽  
Author(s):  
Margi Levy ◽  
Philip Powell ◽  
Les Worrall
Keyword(s):  
Product Innovation ◽  
Small Firms ◽  
Growth Strategies ◽  
Strategic Intent ◽  
West Midlands ◽  
Growth Product ◽  
Research Questions ◽  
The Uk ◽  
Relationship Of ◽  
The Relationship

Small firms’ use of e-business is limited and little is known about what drives them to embrace e-business. Using survey data from 354 small and medium-sized enterprises (SMEs) in the UK West Midlands, this chapter investigates e-business use and drivers. It first discusses different growth strategies adopted by SMEs and reviews Internet adoption in SMEs. Drivers and inhibitors of e-business are identified. Three research questions are derived—does strategic intent drive e-business adoption and is it a factor of market position or product innovation? Is this consistent across sectors? And how is strategic intent and industry adoption influenced by the enablers and inhibitors of e-business adoption? This research demonstrates that strategic intent influences decisions to invest in e-business. Those SMEs remaining in their existing markets are the least likely to invest, primarily due to the Internet not being seen as necessary for growth. Product innovation rather than market penetration drives e-business and e-business drivers and inhibitors provide insights into this.

Poles of competitiveness: A model for transitioning to innovative economy (The new industrial policy of France)

2020 ◽  
Vol 22 (5) ◽  
pp. 67-75
Author(s):  
OKSANA G. CHUPROVA ◽  
◽  
JEAN-CASSIEN BILLIER ◽  
Keyword(s):  
Local Level ◽  
Technological Systems ◽  
Modern Development ◽  
Innovation Projects ◽  
Innovative Products ◽  
Innovative Economy ◽  
Definition Of ◽  
Relationship Of ◽  
The Relationship ◽  
And Training

The article considers the policy for “poles of competitiveness” – a French method of implementing cluster strategies, which serves as an example of the interaction between science, education, and territorial entities to ensure sustainable development through the creation and launch of innovative products and training of in-demand personnel. The modern development of regions and territories in many countries is carried out through the use of cluster technologies. These technologies are based on the relationship of educational, research, and entrepreneurial resources. Cluster technologies serve to develop and implement innovative products and solutions in various fields of activity. These approaches are becoming the most popular in the implementation of state policy: regional, industrial, and technological systems are combined in cluster strategies to increase competitiveness, attractiveness, economic and technological indicators of territories and the nation as a whole. The central definition of the poles of competitiveness is “joint innovation projects”; implementation of these projects requires various participants to be involved. This approach should create an incentive for interaction at the local level and cooperation between the parties, increase the efficiency of all involved structures, develop the innovation sphere, and create new data in the related network.

scholarly journals Conducting Product Innovation by Using Social Media among Japanese Firms

2019 ◽  
Vol 4 (2) ◽  
Author(s):  
Hiroki Idota ◽  
Sheikh Abu Taher ◽  
Teruyuki Bunno ◽  
Masatsugu Tsuji
Keyword(s):  
Social Media ◽  
New Product Development ◽  
Product Innovation ◽  
Academic Research ◽  
Probit Analysis ◽  
Japanese Firms ◽  
New Ideas ◽  
Use Of Social Media ◽  
Relationship Of ◽  
The Relationship

<p>Social media have been spreading throughout the world, and a large number of firms recognize social media as new communication tools for obtaining information on new product development. In spite of the increasing use of social media in reality, academic research on whether or how the use of social media contributes to the promotion of product innovation is as yet insufficient. This study attempts to conduct an empirical analysis of how social media use promotes product innovation in Japanese firms by collaboration with consumers based on survey data from Japanese firms using probit analysis. This study finds that collaboration with consumers by using social media is important for innovation, particularly in developing concepts and devising methods of use. Innovative firms evaluate social media as importance for the relationship of trust with consumers and recognize word-of-mouth via social media to discover new ideas, and elaborate organizational management through the person in charge of development. Social media thus play an important role in product innovation in such a way that social media support firms by aiding to grasp consumer needs and collaborate with consumers for product innovation.</p><p><strong> </strong><strong> </strong></p><p><strong>Keywords</strong>: social media, product innovation, probit analysis, collaboration with consumers, business activities.</p>

The Effect of Leadership on the Performance of Chinese Manufacturing Companies

2021 ◽  
Vol 11 (2) ◽  
pp. 49-64
Author(s):  
Yan Li
Keyword(s):  
Financial Performance ◽  
Product Innovation ◽  
Manufacturing Firms ◽  
Manufacturing Companies ◽  
Key Factors ◽  
Value Innovation ◽  
Mediating Role ◽  
Corporate Growth ◽  
Relationship Of ◽  
The Relationship

The aim of this paper is to find out the effects of leadership, mediated by value innovation on the business financial performance of the manufacturing SMEs in China. Second, to examine what kind of links there are among leadership, value innovation and financial performance of Chinese manufacturing firms are explored. Last but not least, this paper will investigate Chinese manufacturing companies, which have survived and grown. To discuss what kind of key factors they have and how they adopt these strategies in order to achieve value innovation for their corporate growth in emerging markets, the result of this study is that there is a positive relationship between leadership value innovation, and financial performance of companies. Meanwhile, results illustrated that product innovation mediated the relationship of leadership with financial performance, but business model innovation has no mediating role on the relationship of leadership with financial performance.

Organizational resources, KM process capability and strategic flexibility: a dynamic resource-capability perspective

2018 ◽  
Vol 22 (7) ◽  
pp. 1555-1572 ◽  
Author(s):  
Umesh Kumar Bamel ◽  
Nisha Bamel
Keyword(s):  
Relevant Literature ◽  
Process Capability ◽  
Social Resources ◽  
Strategic Flexibility ◽  
Organizational Resources ◽  
Resource Based View ◽  
Content Type ◽  
Dynamic Resource ◽  
Relationship Of ◽  
The Relationship

PurposeStrategic flexibility is largely considered a source of competitive advantage, yet strategic flexibility in relation to organizational resources and knowledge management (KM) process capability is not well studied. To address this gap, this study aims to assesses the relationship of organizational resources (technical and social resources) and strategic flexibility through KM process capability.Design/methodology/approachThis paper is built on the assumptions of the resource-based view and the dynamic capability perspective of firm. Two types of organizational resources – technical and social – were identified from relevant literature. Data were collected from 23 small- and medium-sized firms (family owned firms) using a 37-item questionnaire. In addition to descriptive statistics, multiple hierarchical regressions and bootstrapping were used to test the study hypotheses.FindingsFindings suggest that organizational resources are positively and significantly related with strategic flexibility, and KM process capability partially mediates these relationships.Research limitations/implicationsThe paper adds to strategic flexibility literature by exploring and assessing the linkage of organizational resources with strategic flexibility through KM process capability.Originality/valueFindings of this research may help organizations and practitioners in enhancing strategic flexibility of firm.

scholarly journals ENHANCING SUPPLIER’S INVOLVEMENT IN STARTUP’S INNOVATION THROUGH EQUITY OFFERING AND TRUST BUILDING

2019 ◽  
Vol 23 (02) ◽  
pp. 1950013 ◽  
Author(s):  
MICHAEL SONG ◽  
AD DE JONG ◽  
C. ANTHONY DI BENEDETTO ◽  
Y. LISA ZHAO
Keyword(s):  
Product Innovation ◽  
Specific Investment ◽  
Contingency Model ◽  
Supplier Involvement ◽  
Innovation Projects ◽  
Prior Literature ◽  
Using Data ◽  
Relationship Of ◽  
The Relationship ◽  
Startup Firms

External partners, such as suppliers, are important in the case of innovation by entrepreneurial startup firms. Due to their limited resources and liability of newness, these startups must rely on outside partners for resources and legitimacy to succeed and indeed to survive. Yet, few studies have specifically examined, or provided guidance on, how startups can increase supplier involvement in their innovation projects. Drawing from Transactional Cost Economics and supplier involvement literature, this study develops a contingency model, in which supplier’s equity share and supplier’s trust moderate the relationship of supplier’s involvement in a startup’s innovation with supplier’s specific investment and startup’s effort in qualification of supplier’s ability. We empirically test the model using data collected from 166 innovation projects of 166 startups. Our results show that supplier involvement is pivotal to startup’s product innovation performance, which is consistent with prior literature on supplier involvement. Interestingly, our results further reveal that supplier’s specific investment and startup’s effort in qualification of supplier’s ability lead to higher levels of supplier involvement only when supplier’s equity share and supplier’s trust are sufficiently high.

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