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Assessing the Effect of Innovative Performance on Firm Performance: The Case of Footwear Industry

Author

Listed:
  • Emel Gelmez
  • Mehtap Ozturk
  • Derya Ozilhan Ozbey

Abstract

Innovation is becoming fastly an important factor in firm performance and sustainable competitive advantage as a result of the evolution of the changing environment. In that vein, firms innovate to create value and maintain or enhance their competitive position in the market. Innovative performance in the narrow sense refers to results for companies in terms of the degree to which they actually introduce inventions into the market. The main purpose of this study is to examine the relationships between innovative performance and firm performance. The survey of this study is conducted on 80 firms operating in the footwear industry in Konya, Turkey. The data utilized in the study was obtained via questionnaire method. The obtained data from the questionnaires are analyzed through the SPSS statistical package program. Analysis results revealed that, there is a statistically significant and positive relationship between innovative performance and firm performance.

Suggested Citation

  • Emel Gelmez & Mehtap Ozturk & Derya Ozilhan Ozbey, 2017. "Assessing the Effect of Innovative Performance on Firm Performance: The Case of Footwear Industry," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 7(7), pages 22-28, July.
    • Handle: RePEc:hur:ijarbs:v:7:y:2017:i:7:p:22-28
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    References listed on IDEAS

    as
    1. Ernst, Holger, 2001. "Patent applications and subsequent changes of performance: evidence from time-series cross-section analyses on the firm level," Research Policy, Elsevier, vol. 30(1), pages 143-157, January.
    2. Bengt-Åke Lundvall & K. J. Joseph & Cristina Chaminade & Jan Vang (ed.), 2009. "Handbook of Innovation Systems and Developing Countries," Books, Edward Elgar Publishing, number 12943.
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