Research

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32 pages, 550 KiB

Open AccessArticle

Moderating Effects of Leadership and Innovation Activities on the Technological Innovation, Market Orientation and Corporate Performance Model

by Yun Hwangbo, Wang-Jae Shin and Youngjun Kim

Sustainability 2022, 14(11), 6470; https://0-doi-org.brum.beds.ac.uk/10.3390/su14116470 - 25 May 2022

Cited by 4 | Viewed by 2389

Abstract

This paper aims to examine the relations between market orientation, technological innovation and corporate performance with the moderating roles of leadership, exploitation and exploration by an empirical study targeting 414 Korean responses in diverse industries. The results of the analysis reveal that technological [...] Read more.

This paper aims to examine the relations between market orientation, technological innovation and corporate performance with the moderating roles of leadership, exploitation and exploration by an empirical study targeting 414 Korean responses in diverse industries. The results of the analysis reveal that technological innovation partially mediates the relationship between market orientation and the perceived financial and non-financial performance of a company. Additionally, when technological innovation affects corporate performance, transformational leadership and transactional leadership have a moderating effect on both the perceived financial and non-financial performance, but the exploitation and exploration of innovation activity had a moderating effect only on non-financial performance. Finally, when market orientation affects corporate performance, transformational leadership and exploration of innovative activities have a moderating effect only on non-financial performance. The novelty of this study lies in that it is more effective to carry out market-oriented activities with a focus on the customers rather than to pursue technological innovation alone in order to improve corporate performance. The contribution of this research is to expand the scope of research related to the results of technological innovation academically and to support how to apply corporate management elements in order to improve corporate performance in the field of business. Full article

(This article belongs to the Special Issue Sustainability in Innovation Performance and Business Performance)

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20 pages, 606 KiB

Open AccessArticle

The Effect of Value Innovation in the Superior Performance and Sustainable Growth of Telecommunications Sector: Mediation Effect of Customer Satisfaction and Loyalty

by Mohammed A. Hajar, Ammar Ahmed Alkahtani, Daing Nasir Ibrahim, Mohammed A. Al-Sharafi, Gamal Alkawsi, Noorminshah A. Iahad, Mohd Ridzuan Darun and Sieh Kiong Tiong

Sustainability 2022, 14(10), 6342; https://0-doi-org.brum.beds.ac.uk/10.3390/su14106342 - 23 May 2022

Cited by 12 | Viewed by 4265

Abstract

The telecommunications industry has recognized innovation as the key to growth and survival. Globalization, liberalization, and privatization, the terms most commonly associated with this sector, have resulted in fierce competition, making it more difficult for telecommunications firms to increase their market share and, [...] Read more.

The telecommunications industry has recognized innovation as the key to growth and survival. Globalization, liberalization, and privatization, the terms most commonly associated with this sector, have resulted in fierce competition, making it more difficult for telecommunications firms to increase their market share and, as a result, their customer base, sales volume, and, ultimately, profits. The new success strategy is differentiation through innovation, with the aim of breaking out of the competition and creating an uncontested market. This can be accomplished by providing high-value, innovative services that result in customer satisfaction and promote customer loyalty. The primary goal of this study was to create and validate a conceptual model of value innovation and its impact on firm performance and long-term growth by examining the mediation effect of customer satisfaction and loyalty. The empirical analysis results were based on 304 respondents who completed a paper-based survey provided to employees of Yemeni mobile service providers using a convenience non-probability sampling technique. SmartPLS 3 was used to test the hypothesized relationships using partial least squares structural equation modeling (PLS-PM). As a result, the findings empirically validated the theoretical research model, confirming the importance of the value innovation approach to achieving company performance and long-term growth by promoting customer satisfaction and loyalty. Finally, we have provided a discussion of the study’s theoretical contributions, managerial implications, and future research directions. Full article

(This article belongs to the Special Issue Sustainability in Innovation Performance and Business Performance)

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22 pages, 528 KiB

Open AccessArticle

The Impact of Dynamic Accounting Information System on Organizational Resilience: The Mediating Role of Business Processes Capabilities

by Ahmed Saleh Al-Matari, Rozita Amiruddin, Khairul Azman Aziz and Mohammed A. Al-Sharafi

Sustainability 2022, 14(9), 4967; https://0-doi-org.brum.beds.ac.uk/10.3390/su14094967 - 20 Apr 2022

Cited by 17 | Viewed by 4615

Abstract

For decades, one of the main concerns of both practitioners and academics has been the business value of dynamic accounting information systems (DAIS). A number of studies have demonstrated the positive effects of information systems capability on overall organizational performance, but our understanding [...] Read more.

For decades, one of the main concerns of both practitioners and academics has been the business value of dynamic accounting information systems (DAIS). A number of studies have demonstrated the positive effects of information systems capability on overall organizational performance, but our understanding of the business processes capabilities through which such gains are achieved remains limited due to a lack of focus on the turbulent business environment. As a result, the research on information systems continues to debate such a connection. The role of business process capabilities in modulating the link between dynamic AIS capability and organizational resilience was investigated in this study. Our results show that, while firm-wide dynamic AIS capability has characteristics of flexible AIS, complement BI system, and AIS-related human resource competency, the impact on organizational resilience is positively affected by mediation of business process capabilities based on 144 matched questionnaires selected from large companies from various sectors listed on the Bursa Malaysia. Our results also suggest that dynamic AIS capability has an impact on organizational resilience. According to the Resource-Based Theory (RBT) and dynamic capabilities view (DCV) viewpoints, there is a link between dynamic AIS and business process capacity to improve organizational resilience. The findings strongly support the claim that an organization’s dynamic AIS capabilities—both flexible AIS, complementary business intelligence (BI) system, and AIS-related human resource competency—can help an organization improve its resilience. This research’s practical and theoretical ramifications as well as its limitations are examined. Full article

(This article belongs to the Special Issue Sustainability in Innovation Performance and Business Performance)

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14 pages, 1197 KiB

Open AccessArticle

Assessing the Barriers of Green Innovation Implementation: Evidence from the Vietnamese Manufacturing Sector

by Yung-Fu Huang, Abbott Po-Shun Chen, Manh-Hoang Do and Jen-Chieh Chung

Sustainability 2022, 14(8), 4662; https://0-doi-org.brum.beds.ac.uk/10.3390/su14084662 - 13 Apr 2022

Cited by 10 | Viewed by 2291

Abstract

Sustainability concerns are rising as an interesting topic in both academia and industry. Many scholars revealed that green innovation is an excellent solution to enable organizations to achieve various benefits, such as enhancing their reputation and competitive advantages. Thus, this is the first [...] Read more.

Sustainability concerns are rising as an interesting topic in both academia and industry. Many scholars revealed that green innovation is an excellent solution to enable organizations to achieve various benefits, such as enhancing their reputation and competitive advantages. Thus, this is the first study in Vietnam to consider the barriers to implementing green innovation. The research aims to identify the obstacles to green innovation practices in the Vietnamese manufacturing sector. The interpretive structural modeling (ISM) approach has been conducted to provide the interactions among the green innovation implementation barriers. The authors ground this study to bridge the theoretical and practical for green innovation practices in the Vietnam situation. Based on the experts’ perspectives, they proposed that Vietnamese manufacturers must deal with thirteen essential barriers to green innovation adoption. Further, six interaction levels and the MICMAC analysis clarified cross-relationships among challenges by evaluating the driving and dependence power. Indeed, the empirical results emphasized that financial capability constraints and lack of government support are the most decisive challenges. In contrast, market competition and uncertainty concern is the easiest obstacle to address by the Vietnamese manufacturers. Therefore, this study has provided some insightful contributions for the top managers and other scholars to consider. Full article

(This article belongs to the Special Issue Sustainability in Innovation Performance and Business Performance)

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18 pages, 6958 KiB

Open AccessArticle

Measurement of Innovation Efficiency in China’s Electronics and Communication Equipment Manufacturing Industry-Based on Dynamic Network SBM Model

by Jinfa Li, Ruijie Qin and Hongbing Jiang

Sustainability 2022, 14(3), 1227; https://0-doi-org.brum.beds.ac.uk/10.3390/su14031227 - 21 Jan 2022

Cited by 4 | Viewed by 1841

Abstract

In recent years, China’s electronics and communication equipment manufacturing (ECEM) industry has overgrown, and the government should assess the innovation performance of the industry for its sustainable development. However, most previous studies on the innovation efficiency of the ECEM industry have ignored the [...] Read more.

In recent years, China’s electronics and communication equipment manufacturing (ECEM) industry has overgrown, and the government should assess the innovation performance of the industry for its sustainable development. However, most previous studies on the innovation efficiency of the ECEM industry have ignored the link and carry-over variables. This paper uses the number of patent applications as a link variable to consider the stage of innovation activities. It divides the innovation activities of the electronics industry into two stages: technology development and results in transformation. To consider the dynamics of innovation activities, this paper uses capital stock as a period carry-over variable and evaluates the change of innovation efficiency over time. In this paper, the DNSBM model is used to measure the innovation efficiency of the ECEM industry in 26 Chinese provinces from 2013–2019. This model includes both stage link variables and period carry-over variables, thus allowing for overall efficiency and stage efficiency and period efficiency. The results show that the overall innovation efficiency values in the Chinese ECEM industry are low, there are considerable differences between the two-stage efficiency values in the east, central and western regions, and the overall efficiency values show a slow upward trend. Full article

(This article belongs to the Special Issue Sustainability in Innovation Performance and Business Performance)

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41 pages, 14828 KiB

Open AccessArticle

Open Innovation Readiness Assessment within Students in Poland: Investigating State-of-the-Art and Challenges

by Maria Rosienkiewicz, Joanna Helman, Mariusz Cholewa and Mateusz Molasy

Sustainability 2022, 14(3), 1213; https://0-doi-org.brum.beds.ac.uk/10.3390/su14031213 - 21 Jan 2022

Cited by 4 | Viewed by 2732

Abstract

In light of Poland’s innovation performance level being below 70% of the EU average, open innovation can be a key path for innovation capacity increase. This paper explores the readiness of students in Poland for open innovation (OI). The study is based on [...] Read more.

In light of Poland’s innovation performance level being below 70% of the EU average, open innovation can be a key path for innovation capacity increase. This paper explores the readiness of students in Poland for open innovation (OI). The study is based on a survey of a sample of 500 students using the Computer-Assisted Web Interview research technique. The main aim of this paper is to investigate Polish students’ attitude to open innovation—in particular in terms of social product development, crowdsourcing, crowdfunding, and the sharing economy—to assess the state-of-the-art and identify challenges. Students are selected as the target group because they are open-minded, eager to use new solutions, and will soon enter the business sector to either become the staff of companies or set up their own startups or SMEs. However, the study shows that Polish students, if they use the OI-based platforms at all, use them passively. The key barriers identified within this study are a lack of knowledge about the open innovation paradigm, its elements and opportunities, and an issue of trust. Therefore, a change of mindset, the adjustment of universities’ curricula, and the development of open innovation culture are critical. Full article

(This article belongs to the Special Issue Sustainability in Innovation Performance and Business Performance)

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18 pages, 695 KiB

Open AccessArticle

Inter-Organizational Trust on Financial Performance: Proposing Innovation as a Mediating Variable to Sustain in a Disruptive Era

by Judit Oláh, Yusmar Ardhi Hidayat, Zdzisława Dacko-Pikiewicz, Morshadul Hasan and József Popp

Sustainability 2021, 13(17), 9947; https://0-doi-org.brum.beds.ac.uk/10.3390/su13179947 - 04 Sep 2021

Cited by 43 | Viewed by 2843

Abstract

Hungarian Information and Communication Technology (ICT) companies have an essential role to play in a disruptive era. ICT firms should collaborate and innovate to obtain profit. The elusive correlation between trust in business partners and financial performance inspired this study, which proposed innovation [...] Read more.

Hungarian Information and Communication Technology (ICT) companies have an essential role to play in a disruptive era. ICT firms should collaborate and innovate to obtain profit. The elusive correlation between trust in business partners and financial performance inspired this study, which proposed innovation as a mediating variable. The research had two objectives: to investigate the effect of inter-organizational trust on financial performance and innovation and to observe the role of innovation in improving financial performance within different categories of ICT companies. The population included active Hungarian ICT firms. The analysis used 100 samples, comprising micro-, small-, and medium-sized ICT corporations. Those samples were selected by random cluster sampling. This research used Partial Least Square Structural Equation Modelling. This study supported the idea that inter-organizational trust improved innovation, and that innovation enhanced financial performance. As an expected finding, innovation could mediate a positive direction between inter-organizational trust and financial performance. Full article

(This article belongs to the Special Issue Sustainability in Innovation Performance and Business Performance)

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Review

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17 pages, 1939 KiB

Open AccessReview

A New Step-by-Step Model for Implementing Open Innovation

by Eleni N. Arvaniti, Agapi Dima, Chrysostomos D. Stylios and Vagelis G. Papadakis

Sustainability 2022, 14(10), 6017; https://0-doi-org.brum.beds.ac.uk/10.3390/su14106017 - 16 May 2022

Cited by 6 | Viewed by 2788

Abstract

Open innovation has been found to have many benefits and tangible results for those who partake in it. This study aims to showcase the importance of open innovation, and through a theoretical example present how an organization (university, research center, company, firm, etc.) [...] Read more.

Open innovation has been found to have many benefits and tangible results for those who partake in it. This study aims to showcase the importance of open innovation, and through a theoretical example present how an organization (university, research center, company, firm, etc.) can take action to implement open innovation guidelines. In this paper, firstly, a demonstration showing how open innovation can work with multiple partners is shown. Secondly, a model is presented that shows the steps an organization must follow to successfully implement open innovation. This model covers the introduction of an organization to open innovation from the initial interest to the implementation of the final product. Several success stories are also presented to demonstrate how these steps have been used by major organizations during several collaborations as well as the results produced from implementing open innovation. Full article

(This article belongs to the Special Issue Sustainability in Innovation Performance and Business Performance)

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