Impact of Organizational Innovation on Product & Process Innovation

2015 ◽  
Author(s):  
Brian Paul Cozzarin
Keyword(s):  
Organizational Innovation ◽  
Process Innovation

An Investigation of the Four Dimensions of Innovation in Small Scale Firms in Lagos State, Nigeria

2013 ◽  
Vol 5 (2) ◽  
pp. 113-118 ◽  
Author(s):  
Sunday Amiolemen ◽  
Olutunde Babalola ◽  
Stephen Adegbite ◽  
Idowu Ologeh ◽  
Olapeju Adekola ◽  
...  
Keyword(s):  
New Product Development ◽  
Product Innovation ◽  
Small Firms ◽  
Organizational Innovation ◽  
Process Innovation ◽  
Manufacturing Firms ◽  
Small Scale ◽  
Four Dimensions ◽  
Marketing Innovation ◽  
Lagos State

The paper examined the dimensions of innovation in small scale manufacturing firms with a view to understanding the interaction and relationship among product innovation, process innovation, organizational innovation, and marketing innovation. It further determines the relationship that exists between sales turnover and the four dimensions of innovation. Forty-six small manufacturing firms were sampled across the 4 major small scale Industrial Estates in Lagos State. The paper observed that these small firms engaged mainly in process innovation. The correlation analysis revealed a significant relationship between marketing and process innovation (r = 0.51; p<0.01) while there is no causality between product and process innovation (r = 0.31; p<0.05); product innovation and organizational innovation (r = 0.22; p<0.05); product innovation and marketing innovation (r = 0.11; p<0.05); and process and organizational innovation (r = 0.27; p<0.05) in these firms. The paper concludes that these firms are solely interested in upgrading and renewal of products, improving new methods of production, supply and distribution. The paper finally submitted that the observed trend is not unconnected with poor R&D initiative between small firms and research institutions, poor technological innovation capability of firms, and poor linkages/collaboration among stakeholder on new product development.

scholarly journals “IMPACT OF PRODUCT INNOVATION ON THE FINANCIAL PERFORMANCE OF THE SELECTED ORGANIZATIONS: A STUDY IN INDIAN CONTEXT”

2021 ◽  
Vol 58 (1) ◽  
pp. 5152-5163
Author(s):  
Dr. Naveen Nandal Et al.
Keyword(s):  
Financial Performance ◽  
Organizational Performance ◽  
Product Innovation ◽  
Organizational Innovation ◽  
Innovation Process ◽  
Process Innovation ◽  
Technology Selection ◽  
Marketing Performance ◽  
June July ◽  
The Impact

The purpose of this research is to analyze the determinants of product innovation and its impact on the financial performance of the organizations. Specifically, the study examines the impact of intelligence generation, intelligence dissemination, product-process innovation, marketing support of the product, quality, Dependability/ Delivery, Technology selection, Flexibility on the financial performance of the automobile companies. The models of product innovation provided the theoretical framework for the research. The model of product-process innovation provides the basis for further research. The first concept explains the link between organizations surroundings and its innovation targets (Utterback JM 1974, 1975) (Miller & Friesen, 1982)(Milling, 1996) whereas the second concept explains the connection between firm’s performance level i.e. innovative performance, financial performance, organizational performance and marketing performance and its innovation types i.e. product innovation, process innovation, organizational innovation and marketing innovation (Abernathy & Townseed, 1975) (Abernathy & Utterback, June/July 1978) (Gunday, et al., 2011). From these concepts evolved this study i.e. to evaluate the impact of product innovation on the financial performance of the organizations.

Process innovation strategy in SMEs, organizational innovation and performance: a misleading debate?

2014 ◽  
Vol 43 (4) ◽  
pp. 873-886 ◽  
Author(s):  
Jose-Luis Hervas-Oliver ◽  
Francisca Sempere-Ripoll ◽  
Carles Boronat-Moll
Keyword(s):  
Organizational Innovation ◽  
Process Innovation ◽  
Innovation Strategy ◽  
And Performance

Exploring the relationship among human resource flexibility, organizational innovation and adaptability culture

2016 ◽  
Vol 10 (4) ◽  
pp. 657-674 ◽  
Author(s):  
Ben-Roy Do ◽  
Pi-Wen Yeh ◽  
Jean Madsen
Keyword(s):  
Human Resource ◽  
Product Innovation ◽  
Organizational Innovation ◽  
Critical Role ◽  
Process Innovation ◽  
Equation Modeling ◽  
Smart Manufacturing ◽  
Innovative Technology ◽  
High Tech ◽  
Content Type

Purpose Human resource (HR) flexibility is a firm-level capability that consists of employee skill flexibility, employee behavior flexibility, and HR practice flexibility. HR flexibility allows organizations to adapt and be responsive to changes in their environments. Findings from this paper indicate that if the organization is highly innovative and has flexible HR policies, then that influences organizational culture, risk-taking and experimentation within a firm. This paper has also revealed that process innovation mediates between adaptability culture and product innovation. It also revealed that managers should emphasize processes to improve efficiency for resource exploitation. The lessons learned from process innovation activities indicated that having a strong knowledge base assists a firm in developing innovative technology such as automation for manufacturing, handling and testing or simply smart manufacturing. Design/methodology/approach Questionnaires were sent to employees at 23 Taiwanese companies in high-tech industries, where innovation is the key to their survival, and 293 valid surveys were collected. Structural equation modeling, (SEM) using IBM SPSS Amos, was used to test the hypotheses. Findings The results fully support the hypotheses that HR flexibility positively influences adaptability culture and contributes to organizational innovation. Furthermore, it was found that adaptability culture has a direct impact on process innovation and an indirect impact on product innovation through process innovation. Originality/value The critical role of HR flexibility and adaptability culture on organizational innovation in the high-tech sector were highlighted. The importance of HR flexibility is emphasized to provide managerial hints to top managers.

Increasing the competitiveness of Rural Banks through an innovation approach in Bogor District

2020 ◽  
Vol 5 (02) ◽  
pp. 129
Author(s):  
Dimas Ari Darmantyo ◽  
Ratno Ratno ◽  
Yustiana Wardhani
Keyword(s):  
Product Innovation ◽  
Structural Equation ◽  
Business Performance ◽  
Organizational Innovation ◽  
Innovation Process ◽  
Process Innovation ◽  
Positive Influence ◽  
Community Services ◽  
Small Community ◽  
Marketing Innovation

Competition in the banking world in increasing the value of its assets is getting tighter.The presence of financial technology adds to the tight competition in the banking world. Rural Banks (BPR) which focuses on small community services and MSMEs must innovate in order to survive in the banking industry. This research aims to find out if there is an influence of product innovation, process innovation, marketing innovation and organizational innovation on business performance, with accidental sampling method to obtain 150 samples of BPR Customers Bogor District, this research uses Structural Equation Modelling (SEM) method to analyze the data obtained. The results showed that, there is a positive influence of product innovation, process innovation, marketing innovation and organizational innovation on business performance. Product innovation variables have a stronger impact on business performance than marketing innovation, organizational innovation and process innovation. Keywords : Product Innovation, Process Innovation, Marketing Innovation and Business Performance

Some Aspects about Innovation Strategy of Firms in the Industry

2014 ◽  
Vol 657 ◽  
pp. 1036-1040
Author(s):  
Cristina Fenişer ◽  
Florin Lungu
Keyword(s):  
Organizational Innovation ◽  
Innovation Process ◽  
Process Innovation ◽  
Innovation Strategy ◽  
Marketing Innovation ◽  
Market Expansion ◽  
Innovation Product ◽  
Product And Process Innovation ◽  
Product And Process ◽  
Innovation Processes

The innovation process is a sequence of activities that carry out a company's management to produce new products and services for sale. At the same time, the category of innovation processes includes, market expansion activities, and improvement of: supply functionality, production processes, equipment maintenance, distribution channels, service and, last but not least, the perfectioning of the company's administrative and management activities. In this study we aimed to analyze the innovation strategy of firms in the industry in the county of Alba. As a research method we used a questionnaire-based survey. The data collected were subjected to a quantitative analysis. In specialized literature four types of innovation are conventionally defined : product innovation, process innovation, marketing innovation and organizational innovation. Product and process innovation are closely related to the concept of technological innovation and are the categories covered in this step. From the study's result we can see that innovation is a strategic priority for managers of industry in Alba County. They believe that the most important skills for innovation is the ability to anticipate the market's development, to attact innovative people and to develope new innovative technologies.

scholarly journals Knowledge management, innovativeness, and organizational performance: Evidence from Serbia

2013 ◽  
Vol 58 (199) ◽  
pp. 85-107 ◽  
Author(s):  
Marko Slavkovic ◽  
Verica Babic
Keyword(s):  
Knowledge Management ◽  
Organizational Performance ◽  
Organizational Innovation ◽  
Innovation Process ◽  
Process Innovation ◽  
Mediating Effects ◽  
The Subject ◽  
The Impact ◽  
The Relationship ◽  
Positive Effect

The importance of knowledge management and its contribution to organizational performance and innovativeness has been the subject of many studies and is increasingly gaining recognition worldwide. Our study analyses the impact of knowledge management on perceived organizational performance and innovativeness in the context of the Serbian economy. The results of the empirical research on leading Serbian firms demonstrates the direct and positive effect of knowledge management. The regression results show that knowledge management generally has a positive effect on organizational performance. Also, the results show that knowledge management is positively related to the different dimensions of organizational innovation (process innovation and administrative innovation). The mediating effects of process innovation and administrative innovation on the relationship between knowledge management and organizational performance are only partially supported.

“Lean in”: the moderating effect of female ownership on the relationship between human capital and organizational innovation

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Yanli Fu ◽  
Ruiming Liu ◽  
Jifeng Yang ◽  
Hao Jiao ◽  
Yuke Jin
Keyword(s):  
Human Capital ◽  
Educational Level ◽  
Product Innovation ◽  
Organizational Innovation ◽  
Process Innovation ◽  
Content Type ◽  
Innovation Activities ◽  
The Relationship ◽  
Average Educational Level ◽  
Female Ownership

PurposeWith the aim of shedding new light on the characteristics of human capital in its relationship with organizational innovation, this paper develops a novel theoretical and empirical exploration of the characteristics of human capital, both executives' experience and employees' average education level, as well as the moderating effect of female ownership, on two different aspects of organizational innovation.Design/methodology/approachData were obtained from the World Bank's China private manufacturing enterprise questionnaire survey. The study employs regression analysis of a logistic model using 1,598 samples, because the dependent variable of an organization's innovation index is a binary variable.FindingsUsing World Bank survey data of Chinese private manufacturing enterprises, the authors find that executives' experience has a significantly positive effect on process innovation. Female ownership strengthens the relationship between executives' experience and process innovation. Moreover, the results indicate that employees' average educational level has a significantly positive effect on product innovation. Female ownership strengthens the relationships between employees' average educational level and organizational innovation including product innovation and process innovation. This study highlights the importance of simultaneously testing the effects of human capital and gender heterogeneity on organizational innovation activities.Originality/valueThis study explores the impact of human capital on organizational innovation activities in the context of the Chinese manufacturing industry. Moreover, organizational innovation activities are divided into two aspects: product innovation and process innovation. This study separately discusses the effect of human capital on these two kinds of innovation in detail. Finally, female ownership is selected as a moderating variable, and it is demonstrated that interactions of female owners with executives' experience and employees' average educational level have a positive impact on increasing different kinds of organizational innovation. The authors identify new boundary conditions for the domain of female research that are sorely lacking in the present literature.

scholarly journals Innovative Strategies and the Performance of Savings and Credit Cooperatives in Nyeri County, Kenya

2019 ◽  
Vol 3 (VI) ◽  
pp. 216-234
Author(s):  
Nahashon Mung’ora Muriuki ◽  
David Kiiru
Keyword(s):  
Product Innovation ◽  
Structural Changes ◽  
Organizational Innovation ◽  
Banking Industry ◽  
Process Innovation ◽  
Primary Data ◽  
Reverse Causality ◽  
Innovative Strategies ◽  
Marketing Innovation ◽  
Independent Variables

Reforms in banking industry have brought about many structural changes in the sector and encouraged competition. As a result, financial institutions like SACCOs have adopted competitive strategies including innovation strategies. Despite the recognized importance of financial innovation and an extensive descriptive literature, there have been surprisingly few empirical studies. This situation has denied SACCOs the much needed information regarding this important area of financial innovations sometimes leading to reverse causality in the innovation-financial performance relationship. The purpose of this study was to investigate innovative strategies and the performance of SACCOs in Nyeri County, Kenya. The study was guided by the following objectives: to establish how product innovation influences the performance, to assess the influence of organizational innovation on the performance, to determine the influence of process innovation on the performance of SACCOs, and to find out how marketing innovation affect the performance of SACCOs. The study utilized descriptive research design. It was carried out as a Census among the 6 licensed SACCOs in Nyeri County. The main instruments for primary data collection were questionnaires which consisted of structured and unstructured questions. The data was then analyzed using descriptive statistics and inferential statistics. Multiple regression was done to determine the relationship between the dependent and independent variables. The study findings were presented in tables and charts. Based on the findings of the study, it was concluded that the four independent variables (product innovation, organizational innovation, process innovation and marketing innovation) were important predictors of performance of SACCOs since each was statistically significant. The findings showed a positive correlation between the independent variables and the dependent variable. The study recommends that SACCOs should find creative ways of adopting and implementing product innovation but within the rules and guidelines of the banking industry. Organizational innovation could be improved through the human resource department getting better ways of freedom and autonomy among the employees. The services within the financial intermediaries in the SACCO should also be improved to become more helpful in facilitating the needs of the customers.

Innovation activities and the creation of new employment: An empirical assessment of South Korea’s manufacturing industry

2015 ◽  
Vol 54 (3) ◽  
pp. 354-368 ◽  
Author(s):  
Sang Jib Kwon ◽  
Eunil Park ◽  
Jay Y. Ohm ◽  
Kyeongsik Yoo
Keyword(s):  
Product Innovation ◽  
Manufacturing Industry ◽  
Organizational Innovation ◽  
Process Innovation ◽  
Positive Effects ◽  
Innovation Activities ◽  
Innovation Strategies ◽  
The Creation ◽  
Academic Implications ◽  
Innovation Processes

The study proposes an integrated model to explore the effects of different innovation strategies on the creation of new employment. To verify the model, 532 manufacturing firms in South Korea were investigated. The results indicated that firms’ product innovation strategies had notable positive effects on firms’ creation of new employment, whereas firms’ process innovation strategies were negatively associated with the creation of new employment. Compared with the significant effects of the process innovation and product innovation processes, the activities of both user-centred innovation and organizational innovation were not significantly related to the creation of new employment. On the basis of the statistical results, both practical and academic implications are presented.

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