scholarly journals Implementing the Innovation Strategy in International SMEs

2021 ◽  
Author(s):  
Daniel Rusu
Keyword(s):  
Business Performance ◽  
Innovation Strategy ◽  
Failure Rates ◽  
Internationalization Strategy ◽  
Main Factors ◽  
Business Competitiveness ◽  
Relationship Of ◽  
Micro Enterprises

Thanks to a relationship of mutual interdependence developed between the formulation of the internationalization strategy and innovation, on a larger scale they are entitled as decisive factors in the process of lasting growth of SMEs. The aim is to study the connections between internationalization, innovation and strategy as well as the results in terms of business competitiveness, covering a relatively consistent gap in terms of knowledge and inconclusive or even diffuse interactions regarding these interactions. In terms of internationalization, innovation and strategy, failure rates are quite high and have correspondingly consistent costs for companies. These are related to implementation details. Assuming there is a poor implementation of internationalization, innovation and strategy and to the extent that firms examine in detail each dimension of their business, they will tolerate an increase in costs. Even in these conditions, contrary to their weight, many SMEs do not have structured processes and protocols for internationalization, innovation and strategy. In entrepreneurial micro-enterprises, which is the main object of research, this aspect is particularly important and real. Identifying the tools used by companies to design the processes of development and implementation of internationalization, innovation and strategy, determinants and causes is very important to identify the main factors with particular impact on business performance and how these effects act or occur.

THE RESEARCH LITERATURE, EFFECTS OF INTELLECTUAL CAPITAL ON THE QUANTITATİVE AND QUALITATIVE PERFORMANCE OF BUSINESS IN TURKEY

2021 ◽  
Vol 6 (11) ◽  
pp. 354-364
Author(s):  
Bahar ALTUNOK
Keyword(s):  
Intellectual Capital ◽  
Business Performance ◽  
Social Preferences ◽  
Research Literature ◽  
Industrial Society ◽  
Technological Developments ◽  
Main Factors ◽  
Qualitative Performance ◽  
Positive Effect ◽  
Made In

Globalization, technological developments, changes in social preferences and the fact that customers become more accessible to better with cheaper prices have changed the nature of competition for businesses in the process of transition from industrial society to knowledge economy. In this competitive environment, intellectual capital is defined as the greatest competitive power for businesses. Because intellectual capital is special and unique to every business and it is the invisible assets of businesses that are known only by their own employees, covering the knowledge and skills of the employees. And businesses with intellectual capital develop and use their intellectual capital effectively; However, they can make a difference to their competitors and add value to themselves in today's competitive market. In this study, the studies are examined which made in the YÖK Thesis Center regarding the effects of intellectual capital and its sub-main factors on business performance and the importance of intellectual capital for businesses has been tried to be shown. In the studies examined, the result has been reached that intellectual capital has a positive effect on business performance.

scholarly journals Leadership Style, Compensation And Its Effect On Employee Performance (PT. SSBP Case)

2020 ◽  
Vol 18 (3) ◽  
pp. 138
Author(s):  
Elly Alfrida ◽  
Petrus T. Resi ◽  
Sabam Simbolon
Keyword(s):  
Leadership Style ◽  
Employee Performance ◽  
Independent Variables ◽  
Main Factors ◽  
Relationship Of ◽  
The Relationship ◽  
A Company ◽  
Two Independent Variables

This research is aimed at understanding the relationship of leadership style and compensation on employee performance at PT SSBP considering that the two independent variables are the main factors that determines the success of a company as general as well as PT SSBP. The research obtained data from 144 respondents out of 210 total employees. A questionnaire was prepared to catch their perception on leadership style and compensation and how they affect their performance in the company they work with. From the data obtained and the analysis result shows that the relationship and the contribution of leadership style and compensation on the performance of employees is strong and significant, either partially or simultaneously. Therefore as managerial instruments, leadership style and compensation are extremely important factors to be considered and continuously updated in order to keep and maintain employees motivation that in turn will boost their performance,

scholarly journals The Relation between Sustainable Innovation Strategy and Financial Performance Mediated By Environmental Performance

2015 ◽  
Vol 9 (2) ◽  
pp. 146
Author(s):  
Hariyati Hariyati ◽  
Bambang Tjahjadi
Keyword(s):  
Financial Performance ◽  
Environmental Performance ◽  
Quantitative Research ◽  
Innovation Strategy ◽  
Business Unit ◽  
Unit Of Analysis ◽  
Sustainable Innovation ◽  
Manufacturing Company ◽  
Relationship Of ◽  
The Relationship

This study aims to examine the relationship of sustainable innovation strategy and financial performance through the mediation environmental performance. The hypothesis in this study is sustainable innovation strategy affect the financial performance which is mediated by environmental performance. This study is quantitative research in the explanatory level. The population of this study is all the manufacturer companies in East Java. The data is collected through questionnaire. The unit of analysis is a business unit. The respondent of this study is the manager of a business unit manufacturing company in East Java. The results showed that the environmental performance mediates partially the relation between sustainable innovation strategy and financial performance.<br /><br />

The Relationship of Sustainability Reporting and Share Prices with a Mediation of Green Invention: A Conceptual Review Paper

2021 ◽  
Vol 39 (10) ◽  
Author(s):  
Uzair Bhatti ◽  
Noralfishah Sulaiman
Keyword(s):  
Business Performance ◽  
Sustainability Reporting ◽  
Share Prices ◽  
The Social ◽  
Economic Practices ◽  
Sustainability Initiatives ◽  
Social Environmental ◽  
Corporate Social ◽  
Relationship Of ◽  
Sustainable Projects

Corporate Social Responsibility is considered to be an important part of company’s strategy. European and western countries are seriously improving the social, environmental, and economic practices to become a sustainable representatives. Firms which are implementing sustainable practices, likely to have a better business performance and brand image. Furthermore, Companies all over the world are encouraged to invest in the sustainable projects to build a better reputation to attract more investors. Besides, recent studies also showed that the investment in sustainable projects is considered to be a sunk cost for the company which discourages the investors to invest. The higher management needs to consider the investors behavior before investing in sustainable projects. The current study proposes a conceptual model to understand the investor’s behavior especially when management decides to promote the sustainable initiatives. This study will develop into a concrete hypothesis which will explore the shareholders reaction to the sustainable projects especially with mediation of green invention. The resulting model from the study will be taken as useful guide for adopting the sustainability initiatives which shows it will affect the share performance. 

The relationship of human capital to traditional concepts that characterize human labor activity

2021 ◽  
Vol 17 (11) ◽  
pp. 2031-2054
Author(s):  
Sergei A. FILIN
Keyword(s):  
Human Capital ◽  
Human Resources ◽  
Human Resources Management ◽  
Highly Qualified ◽  
Resources Management ◽  
Human Labor ◽  
Information Sampling ◽  
Main Factors ◽  
Relationship Of ◽  
The Relationship

Subject. This article raises the urgent problem of developing and increasing Russia's innovation competitiveness by improving the management of human resources in conditions of uncertainty and instability of the external environment associated with the sanctions and economic crisis caused by the COVID-19 pandemic. Objectives. The article aims to propose strategic areas for the development and improvement of Russia's innovation competitiveness, recommendations and a programme to improve human resources management. Methods. For the study, I used the methods of analysis, information sampling and grouping. Results. The article describes the relationship of human capital with traditional concepts that characterize human labor activity and offers certain recommendations for the development and improvement of Russia's innovation competitiveness and human resources management. Conclusions. The provision of highly qualified labor power at all levels of management and categories of staff of organizations, the motivation and forms of work are the main factors in the advancement of the country's competitiveness.

The Influence of the Entrepreneur's Open Innovation Strategy on Firm Performance

2021 ◽  
pp. 522-546
Author(s):  
Samwel Macharia Chege ◽  
Daoping Wang
Keyword(s):  
Regression Analysis ◽  
Firm Performance ◽  
Multiple Regression Analysis ◽  
Multiple Regression ◽  
Open Innovation ◽  
Scientific Research ◽  
Innovation Strategy ◽  
Factors Influencing ◽  
Internal Capabilities ◽  
Main Factors

This article helps identify the main factors influencing the performance of small and medium agribusiness enterprises in Kenya. The study proposes five research hypotheses, each tested on a sample of 150 agribusiness enterprises using multiple regression analysis. The results show that the use of external partners, such as scientific research establishments and commercial consultants, influences the firm's performance. This influence is moderated by factors like internal capabilities and the firm's degree of openness to innovation.

Creating Product Innovation Strategies through Knowledge Management in Global Business

2016 ◽  
pp. 330-357 ◽  
Author(s):  
Kijpokin Kasemsap
Keyword(s):  
Knowledge Management ◽  
Organizational Performance ◽  
Product Innovation ◽  
Business Performance ◽  
Strategic Plan ◽  
Innovation Strategy ◽  
Global Business ◽  
Strategic Goals ◽  
Innovation Strategies ◽  
The Creation

This chapter aims to create product innovation strategies through knowledge management (KM) in global business, thus explaining the theoretical and practical concepts of product innovation strategy and KM; the significance of product innovation strategies and KM in global business; and the creation of product innovation strategies through KM in global business. The capability of product innovation strategies and KM is significant for modern organizations that seek to serve suppliers and customers, increase business performance, strengthen competitiveness, and attain regular success in global business. Modern organizations should establish a strategic plan to create product innovation strategies through KM. The chapter argues that creating product innovation strategies through KM has the potential to improve organizational performance and achieve strategic goals in global business.

Needs-focused innovation strategy and business performance

ICSSSM12 ◽  
2012 ◽  
Author(s):  
In-Ho Kim Stephen ◽  
Byung-Yoon Lee Michael ◽  
Tae-Yong Ku Daniel
Keyword(s):  
Business Performance ◽  
Innovation Strategy

scholarly journals Customer Satisfaction, Product Quality and Performance of Companies

2015 ◽  
Vol 14 (4) ◽  
pp. 329-344 ◽  
Author(s):  
Petr Suchánek ◽  
Jiří Richter ◽  
Maria Králová
Keyword(s):  
Customer Satisfaction ◽  
Product Quality ◽  
Business Performance ◽  
Food Industry ◽  
Research Question ◽  
Financial Data ◽  
Main Factors ◽  
And Performance

Abstract This paper presents an analysis of quality, customer satisfaction and business performance in food industry. The main objective of the research is to determine the influence of quality on customer satisfaction and on business performance and competitiveness. In particular, this paper answers the following research question: Does the quality of a product result in a satisfied customer and thereby in a well-performing business? Customer satisfaction is defined as the satisfaction of the customer with a product and the business performance as a capability to generate profit. Therefore, satisfaction was examined by the means of a survey using questionnaires, and the performance was measured by financial data. We managed to find a correlation between the main factors, although partial results were due more factors mostly statistically insignificant.

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