Adoption of Product and Process Innovations in Differentiated Markets: The Impact of Competition

2003 ◽  
Author(s):  
Pia Weiss
Keyword(s):  
Process Innovations ◽  
Product And Process ◽  
The Impact

A Perceptual Measure of Innovation Performance: Firm-Level Evidence from Turkey

2017 ◽  
Vol 14 (06) ◽  
pp. 1750038 ◽  
Author(s):  
Derya Findik ◽  
Berna Beyhan
Keyword(s):  
Factor Analysis ◽  
Small Firms ◽  
Innovation Performance ◽  
Large Firms ◽  
Firm Level ◽  
Process Innovations ◽  
Significant Difference ◽  
Process Oriented ◽  
Product And Process ◽  
The Impact

This paper aims to introduce a qualitative indicator to measure innovation performance of Turkish firms by using firm-level data collected by Turkish Statistical Institute (TURKSTAT) in 2008 and 2009. We propose a new indicator to measure the innovation performance which is simply based on the perception of firms regarding to the impacts of innovation. In order to create performance indicators, we conduct a factor analysis to group the firms’ perceptions on the impacts of innovation. Factor analysis gives us product and process-oriented impacts of innovation. There are significant differences among product innovators, process innovators and firms engaged in both product and process innovations with respect to their perceptions on product and process-oriented impacts of innovation. Among these three groups, product- and process-oriented impacts provide a highest value for the firms that perform both product and process innovations. As far as the link between firm characteristics and the impact of innovation is considered, there is a significant difference between small and large firms with respect to their perceptions on product-oriented impact of innovation. While product-oriented impact is larger for small firms, large firms focus more on process-oriented impact. Anova results also indicate that perceptions on process-oriented impact significantly differ among exporter firms, domestic market-oriented firms and firms being active in internal and external markets. Process-oriented impact generates results in favor of exporting firms.

Innovation in Nigerian Small and Medium Enterprises

2009 ◽  
Vol 7 (4) ◽  
pp. 40-51 ◽  
Author(s):  
A.A. Egbetokun ◽  
O.O. Olamade
Keyword(s):  
Firm Performance ◽  
New Product Development ◽  
Small And Medium Enterprises ◽  
Incremental Innovation ◽  
Export Markets ◽  
Process Innovations ◽  
Product And Process ◽  
Medium Enterprises ◽  
The Impact ◽  
Critical Consideration

This article seeks to explore the types of innovation that are predominant in SMEs in developing countries and to investigate the impact of these innovations on different dimensions of firm performance based on an industry-wide innovation survey carried out in Nigeria in 2007. Although innovation is important for superior firm performance, our result found that the type of innovation that SMEs pursue is not a critical consideration in their performance. While there was no difference found in the focus of SMEs on either of product or process innovations, evidence showed that SMEs would focus more on incremental product and process innovations. Incremental innovation was found to be very important for Nigerian SMEs and a significant predictor of product quality and not of revenue. The authors conclude that SMEs chooses to pursue such innovations that most fit their strategies and available resources. Such level of innovation affords Nigerian SMEs to more extensively exploit the domestic market but cannot support extensive new product development required to enter export markets.

scholarly journals The Impact of Innovation on Employment in Small and Medium Enterprises with Different Growth Rates

2009 ◽  
Vol 229 (2-3) ◽  
Author(s):  
Volker Zimmermann
Keyword(s):  
Employment Growth ◽  
Small And Medium Enterprises ◽  
Process Innovations ◽  
Product Innovations ◽  
Product And Process ◽  
Medium Enterprises ◽  
The Impact ◽  
The Relationship ◽  
Positive Effect ◽  
Negative Growth

SummaryThis article examines the impact of innovation on employment growth in innovating small and medium enterprises. In contrast to existing studies, which typically use the least squares estimation technique, quantile regressions were carried out to analyse the data. This method allows one to examine the effects of innovation at any desired point on the distribution function - for example, in firms experiencing positive or negative growth - providing a more complete picture of the relationship between innovation and employment growth than the standard method of viewing deviations in the average effect. The key finding of the study is that innovation has a positive effect on employment in both growing and shrinking small and medium enterprises. In addition, innovation has a much stronger impact on employee headcounts in companies that are already experiencing strong growth than in their slower growing or shrinking counterparts. When differentiating between product and process innovations, the analysis shows that the introduction of new or improved processes has a larger impact on employment than product innovations. Thus, positive employment effects of innovations are not restricted to narrow segments of the economy. Economic policy aimed at bolstering the innovative strength of firms is thus a strong encouragement to employment on a broad basis.

Market Structure and Innovation Races / Marktstruktur und Innovationsrennen

2005 ◽  
Vol 225 (4) ◽  
Author(s):  
Martin Kukuk ◽  
Manfred Stadler
Keyword(s):  
Market Power ◽  
Race Model ◽  
Probit Model ◽  
Industrial Sector ◽  
Firm Level ◽  
Process Innovations ◽  
Game Theoretic ◽  
Product And Process ◽  
Technological Opportunities ◽  
The Impact

SummaryBased on an extended game-theoretic innovation-race model, we derive some Schumpeterian hypotheses of the impact of technological rivalry, market power, technological opportunities and demand expectations on the timing of product and process innovations. Using innovation data at the firm level in the German industrial sector, we estimate various versions of an econometric specification of the model with dichotomous innovation data by using a univariate binary probit model with qualitative regressor variables estimated applying indirect inference. Our empirical results are consistent with the derived hypotheses that intense rivalry, favorable technological opportunities and high demand expectations spur innovative activity, while the effect of market power is ambiguous.

scholarly journals Innovation Activity and its Sources in Industry in the West Pomerania Province

2020 ◽  
Vol 20 (2) ◽  
pp. 168-182
Author(s):  
Jadwiga Gorączkowska
Keyword(s):  
Innovation Activity ◽  
The West ◽  
Internal Resources ◽  
Process Innovations ◽  
Innovation Activities ◽  
Product Innovations ◽  
Product And Process Innovation ◽  
Product And Process ◽  
The Impact ◽  
Logit Modeling

Abstract Research background: Innovation activities, especially the implementation of new products and processes are desirable phenomena in economic development. For this reason, phenomena that contribute to the implementation of new solutions in enterprises should be identified. These include sources of innovation activity. Purpose: The main purpose of the article is to identify those sources of innovation activity that significantly affect product and process innovation. Research methodology: The research of the impact of sources of ideas and information for innovation on the implementation of product and process innovations was conducted in 2018 for the period 2015–2017 in the West Pomerania Province. The study was representative. It was attended by 270 entrepreneurs whose business profile corresponds to section C PKD (Polish Business Classification) – manufacturing. Logit modeling was used in the study. Results: As a result of the analyses it was noticed that in the region the implementation of process innovations was significantly influenced by foreign R&D centres, suppliers (but only when entrepreneurs began to cooperate with them), as well as by conferences, fairs and exhibitions. In the case of product innovations, internal resources were included in this group. Novelty: In the analyzed region, no advanced econometric analysis of the impact of sources of innovative activity on product and process innovations that would be representative was carried out.

scholarly journals The Impact of Innovation on the Global Competitiveness of Polish Meat and Dairy Enterprises

2019 ◽  
Vol 19(34) (1) ◽  
pp. 120-132
Author(s):  
Agnieszka Tul-Krzyszczuk ◽  
Paweł Jankowski
Keyword(s):  
Poultry Meat ◽  
Meat Industry ◽  
Meat Processing ◽  
Global Competitiveness ◽  
Process Innovations ◽  
Milk Industry ◽  
Product And Process ◽  
Implementation Of Innovations ◽  
The Impact

The aim of the study was to analyse innovations implemented in the milk and meat industries, and their impact on increasing competitiveness. The study showed that the 2010-12 period saw the most product and process innovations being introduced. On the other hand, innovations in marketing were found to be more popular in 2013. Three groups of similar innovations were distinguished. The milk industry stood out when it comes to the extent of innovations implemented. Fewer innovations were found in the poultry meat industry. Beef and pork meat processing was the least innovative. The innovativeness of enterprises is greater with larger numbers of employees and the increase in scope of their field of operation. The implementation of innovations resulted in: improvement of the quality of goods (services), increase in stock, productive capabilities and revenues from sales, emergence of new markets, increase in competitiveness and prestige of the firm. Those are confirmed by the very good performance of foreign trade and better competitiveness rates of Polish meat producers.

Knowledge Integration, Green Innovation, and Financial Performance

2021 ◽  
Vol 11 (3) ◽  
pp. 46-61
Author(s):  
Zuoming Liu ◽  
Mohan Menon ◽  
Huaqing Wang
Keyword(s):  
Financial Performance ◽  
Environmental Performance ◽  
Dynamic Capabilities ◽  
Knowledge Integration ◽  
Process Integration ◽  
Green Innovation ◽  
Knowledge Process ◽  
Process Innovations ◽  
Product And Process ◽  
The Impact

Developing green products and improving green production processes are critical in enhancing a company's environmental performance and sustainability. The sophisticated processes involved in green innovation have a steep learning curve, but its navigation has become essential for companies engaged in green operations. Drawing on the theories of organizational learning and dynamic capabilities, this paper presents our empirical analysis of 231 Chinese firms and suggests that the impact a firm's knowledge process integration has on environmental performance is mediated by its green product and process innovations capability. This study should help managers improve green innovation and financial performance.

Impact of ICT-Enabled Product and Process Innovations at the Bottom of the Pyramid: A Market Separations Perspective

2013 ◽  
Vol 28 (4) ◽  
pp. 279-295 ◽  
Author(s):  
Monideepa Tarafdar ◽  
Ramendra Singh ◽  
Prashanth Anekal
Keyword(s):  
Developmental Outcomes ◽  
Physical Distance ◽  
Market Development ◽  
Bottom Of The Pyramid ◽  
Social Entrepreneurs ◽  
Process Innovations ◽  
Private Organizations ◽  
Product And Process ◽  
Market Separations ◽  
The Impact

Innovations in products and processes enabled by ICT such as mobile phones and the Internet constitute a rapidly emerging means of market development at the Bottom of the Pyramid (BOP), which consists of people who earn less than US$2 a day. However, these ICT-enabled market development efforts have not always yielded positive developmental outcomes, in part because market development is hindered by remote location and geographic dispersion of BOP communities, their low and uncertain incomes, and informal local markets having exploitative intermediaries. These conditions imply that BOP consumers and producers are ‘separated’ from marketers and customers, respectively, through physical distance, lack of financial ability, and information asymmetry. The paper examines the question: How do ICT innovations in products and processes impact development at the BOP? Drawing perspectives from the information systems (IS) and marketing literatures, we analyze how and why ICT-enabled innovations in products and processes deployed for market development at the BOP, enable developmental outcomes through reduction of market separations. Analyzing qualitative data gathered from interviews with 33 respondents in India, including BOP individuals, social entrepreneurs, and managers from private organizations, we find that ICT-enabled product and process innovations do have the potential to reduce four types of separations that ‘disconnect’ BOP consumers (producers) from marketers (customers). However, situated social conditions influence the impact of ICT innovations on reduction of separations. The reduction of separations leads to developmental outcomes at the BOP. Implications of our findings for theory, practice, and policy are discussed.

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