IDEAS home Printed from https://ideas.repec.org/a/taf/marpmg/v29y2002i2p119-133.html
   My bibliography  Save this article

Factors that promote innovation in shipping companies

Author

Listed:
  • Jan Inge Jenssen
  • Trond Randøy

Abstract

This study seeks to identify factors that promote innovation in shipping companies. The study is based on an empirical investigation of 63 companies headquartered in Norway. The results imply that organizational and interorganizational variables are important to innovation. Three aspects of innovation are focused on: (1) service/product innovations, (2) market innovations, and (3) production method innovations. The explanatory variables that are applied in this study capture between 13--51% of the variability of the measures of innovation. The results indicate that an explicit strategy that promotes innovation is very important for the actual level of innovation within shipping companies. In management literature, it is often assumed that organic organizational features like decentralized decision-making promote innovation. The opposite features are assumed to restrain innovation. However, the results do not support these basic assumptions. For example, it seems to be important that managers make precise decisions in order to promote innovation.

Suggested Citation

  • Jan Inge Jenssen & Trond Randøy, 2002. "Factors that promote innovation in shipping companies," Maritime Policy & Management, Taylor & Francis Journals, vol. 29(2), pages 119-133, April.
    • Handle: RePEc:taf:marpmg:v:29:y:2002:i:2:p:119-133
    DOI: 10.1080/03088830110078346
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/03088830110078346
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/03088830110078346?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.

    Citations

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


    Cited by:

    1. Khawar Naheed & Muhammad Sadiq Shahid & Muhammad Aamir & Badar Latif, 2018. "Impact Of Market Orientation On Firm Performance; The Mediating Role Of Innovation Strategies In Excellence Awarded Corporate Sector," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 14(1), pages 14-11.
    2. Maciel M. Queiroz & André Bergsten Mendes, 2020. "Critical Success Factors of the Brazilian Offshore Support Vessel Industry: A Flexible Systems Approach," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 21(1), pages 33-48, June.
    3. Jurrit M. Bergsma & Jeroen Pruyn & Geerten van de Kaa, 2021. "A Literature Evaluation of Systemic Challenges Affecting the European Maritime Energy Transition," Sustainability, MDPI, vol. 13(2), pages 1-17, January.
    4. Andreas A. Kouspos & Photis M. Panayides & Dimitris A. Tsouknidis, 2023. "The relationship between technical innovation and financial performance in shipping firms," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 25(4), pages 698-727, December.
    5. Khawar Naheed & Muhammad Sadiq Shahid & Muhammad Aamir & Badar Latif, 2018. "Impact Of Market Orientation On Firm Performance; The Mediating Role Of Innovation Strategies In Excellence Awarded Corporate Sector," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 14(1), pages 129-142.
    6. Thanopoulou, Helen A., 2007. "Chapter 2 A Fleet for the 21st Century: Modern Greek Shipping," Research in Transportation Economics, Elsevier, vol. 21(1), pages 23-61, January.

    More about this item

    Statistics

    Access and download statistics

    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:taf:marpmg:v:29:y:2002:i:2:p:119-133. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TMPM20 .

    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.