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Innovation strategy and firm competitiveness: a systematic literature review

Author

Listed:
  • Biniam Getnet Agazu

    (Jimma University)

  • Chalchissa Amentie Kero

    (Jimma University)

Abstract

This systematic review aims to review the effect of innovation strategy on firm competitiveness and to establish a theoretical background for future studies in the innovation and firm competitiveness literature. A total of 40 studies covering the innovation strategy and firm competitiveness were from 2015 to 2023 and analysed via a PRISMA method using the descriptive content analysis. These studies were found in the Scopus, Web of Science, PubMed, and Taylor and Francis databases. The findings from this review show that a large majority of the reviewed studies has concluded that innovation strategy have a positive relationship and effect between firm competitiveness. This study offers the chance to empirically examine innovation strategy and firm competitiveness from various angles. Despite a rapid recent increase in publications and special issue calls, many opportune research avenues within the innovation strategy and firm competitiveness field require further investigation.

Suggested Citation

  • Biniam Getnet Agazu & Chalchissa Amentie Kero, 2024. "Innovation strategy and firm competitiveness: a systematic literature review," Journal of Innovation and Entrepreneurship, Springer, vol. 13(1), pages 1-17, December.
    • Handle: RePEc:spr:joiaen:v:13:y:2024:i:1:d:10.1186_s13731-024-00381-9
    DOI: 10.1186/s13731-024-00381-9
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    References listed on IDEAS

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    1. Jorge Ferreira & Sofia Cardim & Arnaldo Coelho, 2021. "Dynamic Capabilities and Mediating Effects of Innovation on the Competitive Advantage and Firm’s Performance: the Moderating Role of Organizational Learning Capability," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(2), pages 620-644, June.
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