IDEAS home Printed from https://ideas.repec.org/a/eee/teinso/v63y2020ics0160791x2030083x.html
   My bibliography  Save this article

Steering firm performance through innovative capabilities: A contingency approach to innovation management

Author

Listed:
  • Ahmed, Waqar
  • Najmi, Arsalan
  • Ikram, Minhaj

Abstract

Today's business environment is filled with fierce competition, rapid technological changes and market uncertainty. For survival, organizations have no option but to embrace innovation both in their processes and product. Performance of innovative capabilities depends on the speed and quality of new product and processes. Contingent resource-based view is used in this study to understand the effect of innovative capabilities on various functional performances. Data was gathered from 115 senior-level managers working in engineering or marketing department of manufacturing firms. PLS-SEM is used for outer and inner measurement model validation. Results of this study reveal that process innovation and product innovation complements each other for improving innovation speed and quality. Moreover, in the case innovative products, manufacturing performance is a key to enhance marketing performance and firm competitive capabilities. This research provides various new insights for the research and development concerns and marketer for developing a successful case of introducing a new product in the market.

Suggested Citation

  • Ahmed, Waqar & Najmi, Arsalan & Ikram, Minhaj, 2020. "Steering firm performance through innovative capabilities: A contingency approach to innovation management," Technology in Society, Elsevier, vol. 63(C).
    • Handle: RePEc:eee:teinso:v:63:y:2020:i:c:s0160791x2030083x
    DOI: 10.1016/j.techsoc.2020.101385
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0160791X2030083X
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.techsoc.2020.101385?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ren, Shengce & Eisingerich, Andreas B. & Tsai, Huei-Ting, 2015. "How do marketing, research and development capabilities, and degree of internationalization synergistically affect the innovation performance of small and medium-sized enterprises (SMEs)? A panel data," International Business Review, Elsevier, vol. 24(4), pages 642-651.
    2. Dotun Adebanjo & Pei-Lee Teh & Pervaiz K. Ahmed, 2018. "The impact of supply chain relationships and integration on innovative capabilities and manufacturing performance: the perspective of rapidly developing countries," International Journal of Production Research, Taylor & Francis Journals, vol. 56(4), pages 1708-1721, February.
    3. Michael Polder & George van Leeuwen & Pierre Mohnen & Wladimir Raymond, 2010. "Product, Process and Organizational Innovation: Drivers, Complementarity and Productivity Effects," DRUID Working Papers 10-24, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    4. Haner, Udo-Ernst, 2002. "Innovation quality--a conceptual framework," International Journal of Production Economics, Elsevier, vol. 80(1), pages 31-37, November.
    5. Back, Yujin & Praveen Parboteeah, K. & Nam, Dae-il, 2014. "Innovation in Emerging Markets: The Role of Management Consulting Firms," Journal of International Management, Elsevier, vol. 20(4), pages 390-405.
    6. Singh, Jasjit, 2008. "Distributed R&D, cross-regional knowledge integration and quality of innovative output," Research Policy, Elsevier, vol. 37(1), pages 77-96, February.
    7. Hung, Shiu-Wan & Li, Chiao-Ming & Shen, Ming-Yi, 2019. "Does a U-shaped relationship exist between performance and size threshold?: The evidence from Taiwan biotech industry," Technology in Society, Elsevier, vol. 58(C).
    8. Sehar Ishtiaque & Danish Ahmed Siddiqui & Waqar Ahmed, 2020. "Impact of technology-based integrated responsive supply chain on operational performance: a case of a volatile market," International Journal of Logistics Systems and Management, Inderscience Enterprises Ltd, vol. 35(3), pages 387-409.
    9. Birger Wernerfelt, 1984. "A resource‐based view of the firm," Strategic Management Journal, Wiley Blackwell, vol. 5(2), pages 171-180, April.
    10. Hsiao, Yung-Chang & Hsu, Zheng-Xin, 2018. "Firm-specific advantages-product innovation capability complementarities and innovation success: A core competency approach," Technology in Society, Elsevier, vol. 55(C), pages 78-84.
    11. Thomas H. Brush & Kendall W. Artz, 1999. "Toward a contingent resource‐based theory: the impact of information asymmetry on the value of capabilities in veterinary medicine," Strategic Management Journal, Wiley Blackwell, vol. 20(3), pages 223-250, March.
    12. Gunday, Gurhan & Ulusoy, Gunduz & Kilic, Kemal & Alpkan, Lutfihak, 2011. "Effects of innovation types on firm performance," International Journal of Production Economics, Elsevier, vol. 133(2), pages 662-676, October.
    13. Steven Hutton & Stephen Eldridge, 2019. "Improving productivity through strategic alignment of competitive capabilities," International Journal of Productivity and Performance Management, Emerald Group Publishing Limited, vol. 68(3), pages 644-668, January.
    14. Bowen, Frances E. & Rostami, Mahdi & Steel, Piers, 2010. "Timing is everything: A meta-analysis of the relationships between organizational performance and innovation," Journal of Business Research, Elsevier, vol. 63(11), pages 1179-1185, November.
    15. Grupp, Hariolf & Schubert, Torben, 2010. "Review and new evidence on composite innovation indicators for evaluating national performance," Research Policy, Elsevier, vol. 39(1), pages 67-78, February.
    16. Navimipour, Nima Jafari & Milani, Farnaz Sharifi & Hossenzadeh, Mehdi, 2018. "A model for examining the role of effective factors on the performance of organizations," Technology in Society, Elsevier, vol. 55(C), pages 166-174.
    17. Arsalan Najmi & Huma Maqbool & Waqar Ahmed & Syed Aziz Ur Rehman, 2020. "The influence of greening the suppliers on environmental and economic performance," International Journal of Business Performance and Supply Chain Modelling, Inderscience Enterprises Ltd, vol. 11(1), pages 69-90.
    18. Rodríguez-Pinto, Javier & Carbonell, Pilar & Rodríguez-Escudero, Ana I., 2011. "Speed or quality? How the order of market entry influences the relationship between market orientation and new product performance," International Journal of Research in Marketing, Elsevier, vol. 28(2), pages 145-154.
    19. Ali, Ahsan & Bahadur, Waseem & Wang, Nan & Luqman, Adeel & Khan, Ali Nawaz, 2020. "Improving team innovation performance: Role of social media and team knowledge management capabilities," Technology in Society, Elsevier, vol. 61(C).
    20. Emma Brandon-Jones & Brian Squire & Chad W. Autry & Kenneth J. Petersen, 2014. "A Contingent Resource-Based Perspective of Supply Chain Resilience and Robustness," Journal of Supply Chain Management, Institute for Supply Management, vol. 50(3), pages 55-73, July.
    21. John Hauser & Gerard J. Tellis & Abbie Griffin, 2006. "Research on Innovation: A Review and Agenda for," Marketing Science, INFORMS, vol. 25(6), pages 687-717, 11-12.
    22. Wang, Zhiqiang & Zhang, Min & Sun, Hongyi & Zhu, Guilong, 2016. "Effects of standardization and innovation on mass customization: An empirical investigation," Technovation, Elsevier, vol. 48, pages 79-86.
    23. Chege, Samwel Macharia & Wang, Daoping, 2020. "The influence of technology innovation on SME performance through environmental sustainability practices in Kenya," Technology in Society, Elsevier, vol. 60(C).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Larbi-Siaw, Otu & Xuhua, Hu & Owusu, Ebenezer & Owusu-Agyeman, Abigail & Fulgence, Brou Ettien & Frimpong, Samuel Akwasi, 2022. "Eco-innovation, sustainable business performance and market turbulence moderation in emerging economies," Technology in Society, Elsevier, vol. 68(C).
    2. Yang, Shuangpeng & umar, Muhammad, 2022. "How globalization is reshaping the environmental quality in G7 economies in the presence of renewable energy initiatives?," Renewable Energy, Elsevier, vol. 193(C), pages 128-135.
    3. Sun, Yunpeng & Bao, Qun & Siao-Yun, Wei & Islam, Misbah ul & Razzaq, Asif, 2022. "Renewable energy transition and environmental sustainability through economic complexity in BRICS countries: Fresh insights from novel Method of Moments Quantile regression," Renewable Energy, Elsevier, vol. 184(C), pages 1165-1176.
    4. Arshed, Noman & Hanif, Nadia & Aziz, Osama & Croteau, Martin, 2022. "Exploring the potential of institutional quality in determining technological innovation," Technology in Society, Elsevier, vol. 68(C).
    5. Lasisi, Taiwo Temitope & Alola, Andrew Adewale & Muoneke, Obumneke Bob & Eluwole, Kayode Kolawole, 2022. "The moderating role of environmental-related innovation and technologies in growth-energy utilization nexus in highest-performing eco-innovation economies," Technological Forecasting and Social Change, Elsevier, vol. 183(C).
    6. Ma, Chenxin & Ji, Xiang, 2024. "R&D globalization and enterprise innovation capability," Finance Research Letters, Elsevier, vol. 65(C).
    7. Yang, Qiang & Huo, Jiale & Saqib, Najia & Mahmood, Haider, 2022. "Modelling the effect of renewable energy and public-private partnership in testing EKC hypothesis: Evidence from methods moment of quantile regression," Renewable Energy, Elsevier, vol. 192(C), pages 485-494.
    8. Talaei-Khoei, Amir & Yang, Alan T. & Masialeti, Masialeti, 2024. "How does incorporating ChatGPT within a firm reinforce agility-mediated performance? The moderating role of innovation infusion and firms’ ethical identity," Technovation, Elsevier, vol. 132(C).
    9. Samadhiya, Ashutosh & Agrawal, Rajat, 2022. "Developing a handloom through d.schools design thinking approach," Technology in Society, Elsevier, vol. 71(C).
    10. Patricia Inês Schwantz & Leander Luiz Klein & Eugênio de Oliveira Simonetto, 2023. "The Relationship between Lean Practices and Organizational Performance: An Analysis of Operations Management in a Public Institution," Logistics, MDPI, vol. 7(3), pages 1-14, August.
    11. Siriram, Rajenlall, 2022. "An innovative approach to overcoming technological challenges and improving firm performance in South Africa," Technology in Society, Elsevier, vol. 68(C).
    12. Giulia Giacomello Pompilio & Tiago F. A. C. Sigahi & Izabela Simon Rampasso & Gustavo Hermínio Salati Marcondes de Moraes & Lucas Veiga Ávila & Walter Leal Filho & Rosley Anholon, 2023. "Innovation in Brazilian Industries: Analysis of Management Practices Using Fuzzy TOPSIS," Mathematics, MDPI, vol. 11(6), pages 1-19, March.
    13. Suki, Norazah Mohd & Suki, Norbayah Mohd & Sharif, Arshian & Afshan, Sahar & Jermsittiparsert, Kittisak, 2022. "The role of technology innovation and renewable energy in reducing environmental degradation in Malaysia: A step towards sustainable environment," Renewable Energy, Elsevier, vol. 182(C), pages 245-253.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Samadhiya, Ashutosh & Agrawal, Rajat, 2022. "Developing a handloom through d.schools design thinking approach," Technology in Society, Elsevier, vol. 71(C).
    2. Arranz, N. & Arroyabe, M.F. & Li, Jun & de Arroyabe, J.C. Fernandez, 2019. "An integrated model of organisational innovation and firm performance: Generation, persistence and complementarity," Journal of Business Research, Elsevier, vol. 105(C), pages 270-282.
    3. Mohsin Shafi & Md Nazirul Islam Sarker & Liu Junrong, 2019. "Social Network of Small Creative Firms and Its Effects on Innovation in Developing Countries," SAGE Open, , vol. 9(4), pages 21582440198, December.
    4. Samuel Afriyie & Jianguo Duo & Kingsley Appiah & Abdul-Aziz Ibn Musah, 2018. "The Nexus between Types of Innovation and Marketing Performance of SME in an Emerging Economy," International Review of Management and Marketing, Econjournals, vol. 8(6), pages 78-92.
    5. Centobelli, Piera & Cerchione, Roberto & Maglietta, Amedeo & Oropallo, Eugenio, 2023. "Sailing through a digital and resilient shipbuilding supply chain: An empirical investigation," Journal of Business Research, Elsevier, vol. 158(C).
    6. Siriram, Rajenlall, 2022. "An innovative approach to overcoming technological challenges and improving firm performance in South Africa," Technology in Society, Elsevier, vol. 68(C).
    7. David G. Sirmon & Michael A. Hitt, 2003. "Managing Resources: Linking Unique Resources, Management, and Wealth Creation in Family Firms," Entrepreneurship Theory and Practice, , vol. 27(4), pages 339-358, October.
    8. Moaniba, Igam M. & Su, Hsin-Ning & Lee, Pei-Chun, 2019. "On the drivers of innovation: Does the co-evolution of technological diversification and international collaboration matter?," Technological Forecasting and Social Change, Elsevier, vol. 148(C).
    9. Mirjana GRÈIÆ FABIÆ & Zdravko ZEKIÆ & Luka SAMARIJA, 2016. "Implementation of management innovation a precondition for the development of local government effectiveness: evidence from Croatia," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2016(27), pages 7-29, Decembre.
    10. Budhaditya Gupta & Tarun Khanna, 2019. "A Recombination-Based Internationalization Model: Evidence from Narayana Health’s Journey from India to the Cayman Islands," Organization Science, INFORMS, vol. 30(2), pages 405-425, March.
    11. Basit Shoaib Abdul & Kuhn Thomas & Ahmed Mumtaz, 2018. "The Effect of Government Subsidy on Non-Technological Innovation and Firm Performance in the Service Sector: Evidence from Germany," Business Systems Research, Sciendo, vol. 9(1), pages 118-137, March.
    12. Istipliler, Baris & Bort, Suleika & Woywode, Michael, 2023. "Flowers of adversity: Institutional constraints and innovative SMEs in transition economies," Journal of Business Research, Elsevier, vol. 154(C).
    13. Marlenne G. Velazquez-Cazares & Anna M. Gil-Lafuente & Ernesto Leon-Castro & Fabio Blanco-Mesa, 2021. "Innovation capabilities measurement using fuzzy methodologies: a Colombian SMEs case," Computational and Mathematical Organization Theory, Springer, vol. 27(4), pages 384-413, December.
    14. Oluwaseun Niyi Anifowose & Matina Ghasemi & Banji Rildwan Olaleye, 2022. "Total Quality Management and Small and Medium-Sized Enterprises’ (SMEs) Performance: Mediating Role of Innovation Speed," Sustainability, MDPI, vol. 14(14), pages 1-19, July.
    15. Amin, Hindu Jibril, 2021. "Effect of Entrepreneurial Marketing Dimensions on Small and Medium Enterprises Performance in Nasarawa State," OSF Preprints n483y, Center for Open Science.
    16. Charlie Karlsson & Sam Tavassoli, 2016. "Innovation strategies of firms: What strategies and why?," The Journal of Technology Transfer, Springer, vol. 41(6), pages 1483-1506, December.
    17. Donbesuur, Francis & Ampong, George Oppong Appiagyei & Owusu-Yirenkyi, Diana & Chu, Irene, 2020. "Technological innovation, organizational innovation and international performance of SMEs: The moderating role of domestic institutional environment," Technological Forecasting and Social Change, Elsevier, vol. 161(C).
    18. ur Rehman, Attique & Shakeel Sadiq Jajja, Muhammad & Farooq, Sami, 2022. "Manufacturing planning and control driven supply chain risk management: A dynamic capability perspective," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 167(C).
    19. Rajeev K. Goel & Michael A. Nelson, 2022. "Employment effects of R&D and process innovation: evidence from small and medium-sized firms in emerging markets," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 12(1), pages 97-123, March.
    20. Aksoy, Hasan, 2017. "How do innovation culture, marketing innovation and product innovation affect the market performance of small and medium-sized enterprises (SMEs)?," Technology in Society, Elsevier, vol. 51(C), pages 133-141.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:teinso:v:63:y:2020:i:c:s0160791x2030083x. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/technology-in-society .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.