scholarly journals Strategic Innovation Management (SIM) Practices and the Efficiency of State Owned Enterprises Perspective from Mexico City, Mexico

2021 ◽  
Vol 5 (4) ◽  
pp. 13-29
Author(s):  
Hayek Talia Vergera ◽  
◽  
Derbez W. Mariano ◽  
Benito A. Lopez ◽  
◽  
...  
Keyword(s):  
Mexico City ◽  
Product Innovation ◽  
Innovation Management ◽  
Service Innovation ◽  
Empirical Literature ◽  
Service Levels ◽  
Strategic Innovation ◽  
New Ideas ◽  
Notable Increase ◽  
The Impact

Strategic Innovation Management is critical for firms that are in pursuit of improved efficiency and their reward is often an increase in their profits and their market share. Process of Strategic Innovation Management is strongly associated with organizational learning and refers to ability of organization to generate, accept and implement new ideas, processes, products or services. The primary goal of process innovation is to generate a notable increase in productivity or to drive down costs significantly. This approach can help organizations achieve major reductions in process cost, improvements in quality, service levels and other business objectives. Strategic Innovation Management is contributor to creation of new markets and products for the market, however even after the benefits of Strategic Innovation Management has been established the impact of Strategic Innovation Management on efficiency of State Owned Enterprises has remained misunderstood. The specific objectives of the study were; to establish the effect of Service innovation on the efficiency of State Owned Enterprises in Mexico City, to establish the effect of product innovation on the Efficiency of State Owned Enterprises in Mexico City. The study used a desk study review methodology where relevant empirical literature was reviewed to identify main themes. Result findings from literature-based review indicated that innovation had positive and significant influence on the efficiency of State Owned Enterprises. It was recommended that innovation information should be available particularly to regulatory and advisory bodies for guidance to the State Owned Enterprises on the need to craft and employ sound strategies geared towards continuously embracing innovativeness since innovation leads to improved financial efficiency. Keywords: Product Innovation, Service Innovation, Efficiency.

The Role of Strategic Innovation in the Sustainability of Healthcare Service Businesses in Zimbabwe: The Case of PSMI Limited

2020 ◽  
Vol 11 (1) ◽  
pp. 140-140
Author(s):  
Frederick Farai Muchena ◽  
Osaro Aigbogun
Keyword(s):  
Linear Regression ◽  
Product Innovation ◽  
Healthcare Service ◽  
Positive Relationship ◽  
Technology Innovation ◽  
Service Innovation ◽  
Process Innovation ◽  
Strategic Innovation ◽  
Unit Increase ◽  
Service Businesses

This study evaluates the extent to which product, technology, service, and process innovations influence the sustainability of Healthcare service businesses. The context of the study is Premier Service Medical Investments (PSMI) Limited, Zimbabwe. A quantitative research, with a deductive approach was conducted using a self-administered structured questionnaire which was anchored on a 7-point Likert scale for gathering survey primary data. A purposively recruited sample of 350 employees with leadership responsibilities, were drawn from executive, middle management and supervisory levels. After testing and validating the reliability and validity of the questionnaire measures, a logistic regression was run to test the research hypotheses. The results reveal the following: Service Innovation had a positive relationship with Sustainability, indicating that a unit increase in Service Innovation has an effect of a 256% increase in odds of Sustainability. Product Innovation had a negative relationship with Sustainability, indicating that a unit increase in Product Innovation has an effect of a 13% decrease in odds of Sustainability. Technology Innovation had a positive relationship with Sustainability, indicating that a unit increase in Technology Innovation has an effect of a 25% increase in odds of Sustainability. Process Innovation had a positive relationship with Sustainability, indicating that a unit increase in Process Innovation has an effect of a 117% increase in odds of Sustainability. Moreover, using the linear regression method, the variable Service Innovation indicated that with an additional service, Sustainability increases by 27.1%. Technology Innovation showed that with an additional technology, sustainability increases by 4.3%. Process Innovation indicated that with an additional process, Sustainability increases by 36.6%. From the results, using the both the logistic and linear regression models, the findings indicate that strategic innovation significantly influences sustainability of healthcare services business in Zimbabwe. Arising from this research, sustainability of healthcare care business is seen to be triggered and driven by all 4 types of innovation evaluated in this research, namely: service, process, product and technology. It is recommended that these innovation dimensions be implemented within a defined internal environment supported by an innovation hub. Keywords: Sustainability, Strategic Innovation, Logistic Regression, Linear Regression, Process Innovation, Service Innovation, Product Innovation, Technology Innovation

The Impact of Service Innovation on Tourist Satisfaction: Evidence from the Malaysian Tourism Industry

2014 ◽  
Vol 2 (3) ◽  
pp. 93-106
Author(s):  
Boon Liat Cheng
Keyword(s):  
Product Innovation ◽  
Service Innovation ◽  
Services Marketing ◽  
Process Innovation ◽  
Tourism Industry ◽  
Organisational Innovation ◽  
Marketing Innovation ◽  
Tourist Satisfaction ◽  
Body Of Knowledge ◽  
The Impact

Objective - This study proposed a model to test the impacts of the four dimensions of service innovation (i.e., process innovation, organisational innovation, marketing innovation and product innovation) on tourist satisfaction in the Malaysian tourism. Methodology/Technique - Measurement items for the dimensions of service innovation were developed through focus group interviews. A convenience sampling approach was adopted with the distribution of 400 questionnaires among local and foreign tourists. Statistical tolls in the Statistical Package for the Social Sciences (SPSS) were adopted to analyse the reliability of items and the hypothesised relationships in the proposed research model. Findings - The findings reveal that the respective dimensions of service innovation are significantly related to tourist satisfaction. These findings contribute to the services marketing body of knowledge by providing insight on the impact of service innovation on tourist satisfaction. Novelty - Limited studies have been done to examine the impact of service innovation dimensions on tourist satisfaction.The findings of this study contribute to the services marketing body of knowledge by providing insight on the impact of service innovation on tourist satisfaction. At the same time to address the practical implications by recommending relevant and effective service innovation strategies for the tourism industry in Malaysia. This knowledge is useful for benchmarking better service innovation practices among the industry practitioners. Type of Paper - Empirical Keywords: Service Innovation; Process Innovation; Organisational Innovation; Marketing Innovation; Product Innovation; Tourist Satisfaction

scholarly journals ONE SIZE (DOES NOT) FIT ALL: EVIDENCE OF SIMILARITIES AND DIFFERENCES BETWEEN PRODUCT INNOVATION MANAGEMENT IN HIGH- AND LOW-TECH MANUFACTURING FIRMS

2019 ◽  
Vol 23 (01) ◽  
pp. 1950004 ◽  
Author(s):  
CLAUDINE KEARNEY ◽  
KILLIAN J. McCARTHY ◽  
EELKO K. R. E. HUIZINGH
Keyword(s):  
The Netherlands ◽  
Product Innovation ◽  
Best Practice ◽  
Innovation Management ◽  
Manufacturing Firms ◽  
High Tech ◽  
Practice Model ◽  
Negative Effect ◽  
Similarities And Differences ◽  
The Impact

Most literature on product innovation management (PIM) has developed through a small number of high-tech manufacturer studies. It is assumed that, for other types of firms, ‘one size fits all’. This research addresses this issue by investigating PIM in both high- and low-tech firms. Building on Cormican and O’Sullivan’s (2004) Best Practice Model (BPM) this paper analyzes PIM of 112 high-tech in comparison to 184 low-tech manufacturing firms in the Netherlands. The empirical results show significant sector-level differences in the impact of the five constructs and, in some cases, insignificant and even opposite effects. Our findings show that one size does not fit all, and blindly following the theory can not only have a suboptimal effect but may even have a negative effect. Furthermore, there are some similarities in high- and low-tech PIM, for example Communication and Collaboration is the only construct that is positive and significant in all cases. The implications of these results in relation to high- and low-tech manufacturing firms are discussed.

scholarly journals Endogenous Growth in a Spatial Economy: The Impact of Globalization on Innovations and Convergence

2020 ◽  
pp. 016001762094609
Author(s):  
Dani Broitman ◽  
Daniel Czamanski
Keyword(s):  
Autonomous Agents ◽  
Urban System ◽  
Empirical Literature ◽  
Closed Economy ◽  
New Firms ◽  
Agent Based ◽  
Long Run ◽  
Economic Process ◽  
New Ideas ◽  
The Impact

In this article we explore the claim that spatial interactions among cities are significant drivers of their growth. We assert that reallocation of ideas among cities is a source of improved allocation of resources. We propose a closed economy, agent-based model that is in constant flux. It is populated by autonomous agents that compete and adjust constantly their behavior in reaction to the conditions they perceive. The economy is a dynamic, self-organizing system. We focus on the intensity of globalization as the critical economic process that explains differences in convergence and divergence in the system. The means by which the extent of globalization affects the long-run performance of economies is the geographic reach of new ideas and their conversion into innovations. The question that plays out in our model is the relative influence of globalization and the localized entrepreneurial ecology on innovation. When the globalization is weak, new firms are limited by the market value of their own city. As the globalization strengthens, more and more new firms belong to the global playground. We demonstrate that in line with empirical literature, the gross domestic product of our urban system increases greatly with the increase in globalization level.

scholarly journals Linking National Culture and Product Innovation Performance: What Really Influences the Interplay, Strategy Formulation Or Implementation Effectiveness?

2016 ◽  
Vol 11 (2) ◽  
pp. 184 ◽  
Author(s):  
Kinfe Tsegay Beyene ◽  
SHI Chun Sheng ◽  
Wu Wei Wei
Keyword(s):  
National Culture ◽  
Product Innovation ◽  
Innovation Management ◽  
Implementation Process ◽  
Innovation Performance ◽  
Innovation Strategy ◽  
Research Approach ◽  
Strategy Formulation ◽  
Implementation Processes ◽  
The Impact

<p>A thorough understanding of the impact of culture on innovation strategy formulation and implementation processes as well as product innovation performance is crucial for successful innovation management. The paper through a combination of two research approach, KJ analysis and formal survey aims to shade light on the extent and direction of culture’s impact on product innovation performance. A hypothetical model that links the three bodies of knowledge, national culture, innovation strategy and product innovation performance was developed and tested by using survey data from Ethiopian manufacturing firms. Major problems with the current innovation strategy formulation and implementation process were identified and the role of culture was explored. The result indicates that even though the current cultural setup has a detrimental effect on the performance, the extent of its impact can be minimized through task oriented leadership practice.</p>

Risk analysis for innovative activities in production systems using product opportunity gap concept

2019 ◽  
Vol 31 (6) ◽  
pp. 1028-1048 ◽  
Author(s):  
Hassan Arabshahi ◽  
Hamed Fazlollahtabar
Keyword(s):  
Risk Analysis ◽  
Product Innovation ◽  
Organizational Innovation ◽  
Production Systems ◽  
Innovation Policy ◽  
Innovation Management ◽  
Social Changes ◽  
Opportunity Gap ◽  
Content Type ◽  
The Impact

Purpose This paper presents a stepwise method for identification and analysis of innovative activities in production systems. The purpose of this paper is to provide a structure in order to propose the risk paradigms and factors corresponding to the innovative activities and evaluation of the impact of these activities on innovation decisions and investment. Design/methodology/approach The model used here is an analytical approach that evaluates the impact of innovative activities on innovation decision and investment using product opportunity gap (POG) concept. This framework is applied for innovative activities of Asian industrial field, and the risk of innovative activities is calculated by weighted risk analysis method. In this method, the risk weights and intensities are estimated by the average of experts’ opinions in interviews. Findings This implementation discovered some useful information being used by investors, innovators and policymakers for taking the best strategies and decisions in various innovation domains such as innovation management, risk management and innovation policy. The results of this study show that the product innovation is the most popular category of innovation that has occurred in Asian manufacturing industries, and the product innovation, marketing innovation and organizational innovation have the most influence on technology, economic and social changes intensity, respectively. Research limitations/implications This study analyzed the risk of innovative activities after their occurrence and because of different views of experts, there were diverse and sometimes contradictory analyses of innovative activities risk. Originality/value This paper links two separate and important sectors of innovation domain: innovation risk and innovation decision making and investment. POG plays the role of a bridge to connect the two mentioned sectors and shows how innovation causes the technological, economic and social changes. This paper also provides useful and practical information for innovation investors and decision makers to take the best decisions and to avoid the probable failures and losses.

scholarly journals Service Innovation in Public Sector : A Case Study on PT. Kereta Api Indonesia

2013 ◽  
Vol 4 (7) ◽  
pp. 308-315 ◽  
Author(s):  
Grisna Anggadwita
Keyword(s):  
Public Transportation ◽  
Product Innovation ◽  
Success Factors ◽  
Innovation Management ◽  
Market Competition ◽  
Service Innovation ◽  
Organization Culture ◽  
Structured Interviews ◽  
Product Service

Innovation is an important key for an organization to win the market competition, both in aspects of organization, culture, and business to produce an excellence service and product. Service innovation has been developed to respond quickly the demand of society that increasingly aware of the importance of quality service. PT. Kereta Api Indonesia (KAI) as one of the Indonesian state-owned companies engaged in public transportation made a breakthrough by launching a service product innovation, purchasing system of train tickets and new trains. This paper analyzes the types of service product innovation, success factors of innovation, and explore the barriers of innovation. This study used qualitative methods based on review of the innovation management literature and semi-structured interviews. The role of leadership has an important influence in shaping the behavior of the organization. These organizational learning concepts are used to gain a dynamic of service innovation, it suggests that the company should still perform improvement processes in developing service innovation to meet the challenges faced.

The Impact of Quantitative Easing on Emerging Markets – Literature Review

e-Finanse ◽  
2018 ◽  
Vol 14 (4) ◽  
pp. 67-76
Author(s):  
Piotr Bartkiewicz
Keyword(s):  
Emerging Markets ◽  
Large Scale ◽  
Empirical Literature ◽  
Quantitative Easing ◽  
Methodological Choices ◽  
The Subject ◽  
Methodological Approaches ◽  
The Impact ◽  
Sufficient Precision

AbstractThe article presents the results of the review of the empirical literature regarding the impact of quantitative easing (QE) on emerging markets (EMs). The subject is of interest to policymakers and researchers due to the increasingly larger role of EMs in the world economy and the large-scale capital flows occurring after 2009. The review is conducted in a systematic manner and takes into consideration different methodological choices, samples and measurement issues. The paper puts the summarized results in the context of transmission channels identified in the literature. There are few distinct methodological approaches present in the literature. While there is a consensus regarding the direction of the impact of QE on EMs, its size and durability have not yet been assessed with sufficient precision. In addition, there are clear gaps in the empirical findings, not least related to relative underrepresentation of the CEE region (in particular, Poland).

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