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Crafting Firm Competencies to Improve Innovative Performance

Author

Listed:
  • Lokshin, Boris

    (UNU-MERIT and Maastricht University)

  • Gils, Anita van

    (Maastricht University)

  • Bauer, Eva

    (BBDO Consulting)

Abstract

Recent interdisciplinary research suggests that customer and technological competencies have a direct, unconditional effect on firms' innovative performance. This study extends this stream of literature by considering the effect of organizational competencies. Results from a survey-research executed in the fast moving consumer goods industry suggest that firms that craft organizational competencies - such as improving team cohesiveness and providing slack time to foster creativity - do not directly improve their innovative performance. However, those firms that successfully combine customer, technological and organizational competencies will create more innovations that are new to the market.

Suggested Citation

  • Lokshin, Boris & Gils, Anita van & Bauer, Eva, 2008. "Crafting Firm Competencies to Improve Innovative Performance," MERIT Working Papers 2008-009, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    • Handle: RePEc:unm:unumer:2008009
    as

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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Innovation; Research and Development; Consumer Goods; Product Innovation; Production Management; Personnel Management; Capability Building;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • L68 - Industrial Organization - - Industry Studies: Manufacturing - - - Appliances; Furniture; Other Consumer Durables
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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