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. 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.
    2. 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.
    3. 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.
    4. 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.
    5. 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.
    6. 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.
    7. 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).
    8. 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.
    9. 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.
    10. 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.
    11. 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.
    12. Haner, Udo-Ernst, 2002. "Innovation quality--a conceptual framework," International Journal of Production Economics, Elsevier, vol. 80(1), pages 31-37, November.
    13. 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.
    14. 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.
    15. 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).
    16. 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.
    17. 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.
    18. Birger Wernerfelt, 1984. "A resource‐based view of the firm," Strategic Management Journal, Wiley Blackwell, vol. 5(2), pages 171-180, April.
    19. 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.
    20. 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).
    21. 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.
    22. 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.
    23. 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.
    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. 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.
    2. 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).
    3. 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.
    4. Samadhiya, Ashutosh & Agrawal, Rajat, 2022. "Developing a handloom through d.schools design thinking approach," Technology in Society, Elsevier, vol. 71(C).
    5. 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.
    6. 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.
    7. Siriram, Rajenlall, 2022. "An innovative approach to overcoming technological challenges and improving firm performance in South Africa," Technology in Society, Elsevier, vol. 68(C).
    8. 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).
    9. 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).
    10. 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.
    11. 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. 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.
    3. 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.
    4. 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).
    5. Siriram, Rajenlall, 2022. "An innovative approach to overcoming technological challenges and improving firm performance in South Africa," Technology in Society, Elsevier, vol. 68(C).
    6. 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.
    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. Yongzhong Yang & Mohsin Shafi, 2020. "How does customer and supplier cooperation in micro-enterprises affect innovation? Evidence from Pakistani handicraft micro-enterprises," Asian Business & Management, Palgrave Macmillan, vol. 19(5), pages 530-559, November.
    9. Qinghua Fu & Muhammad Safdar Sial & Muhammad Zulqarnain Arshad & Ubaldo Comite & Phung Anh Thu & József Popp, 2021. "The Inter-Relationship between Innovation Capability and SME Performance: The Moderating Role of the External Environment," Sustainability, MDPI, vol. 13(16), pages 1-14, August.
    10. 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).
    11. 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.
    12. Naciba Haned & Caroline Mothe & Thuc Uyen Nguyen-Thi, 2014. "Firm persistence in technological innovation: the relevance of organizational innovation," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 23(5-6), pages 490-516, September.
    13. Qalati, Sikander Ali & Yuan, Li Wen & Khan, Muhammad Aamir Shafique & Anwar, Farooq, 2021. "A mediated model on the adoption of social media and SMEs’ performance in developing countries," Technology in Society, Elsevier, vol. 64(C).
    14. 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.
    15. Zhai, Zhe & Ghosal, Vivek, 2022. "Internationalization of innovation and firm performance in the pharmaceutical industry," International Review of Economics & Finance, Elsevier, vol. 80(C), pages 882-905.
    16. 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.
    17. Duan, Yunlong & Yang, Meng & Huang, Lei & Chin, Tachia & Fiano, Fabio & de Nuccio, Elbano & Zhou, Li, 2022. "Unveiling the impacts of explicit vs. tacit knowledge hiding on innovation quality: The moderating role of knowledge flow within a firm," Journal of Business Research, Elsevier, vol. 139(C), pages 1489-1500.
    18. Antonio Martos‐Pedrero & David Jiménez‐Castillo & Vera Ferrón‐Vílchez & Francisco Joaquín Cortés‐García, 2023. "Corporate social responsibility and export performance under stakeholder view: The mediation of innovation and the moderation of the legal form," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(1), pages 248-266, January.
    19. Iftikhar, Anas & Purvis, Laura & Giannoccaro, Ilaria, 2021. "A meta-analytical review of antecedents and outcomes of firm resilience," Journal of Business Research, Elsevier, vol. 135(C), pages 408-425.
    20. Linh Nguyen Phuong & Khanh Cao Tuan & Nhuan Nguyen Duc & Uyen Nguyen Thi, 2022. "The Impact of Absorption Capability, Innovation Capability, and Branding Capability on Firm Performance—An Empirical Study on Vietnamese Retail Firms," Sustainability, MDPI, vol. 14(11), pages 1-17, May.

    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.