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Presenting a Conceptual Model for Corporate Innovation in the Insurance Industry by Structural Equation Modeling: A Case Study in the Iranian Insurance Industry

Author

Listed:
  • Fatemeh Mirzaei Rabor
  • Hossein Safari
  • Tahereh Keshavarzi
  • Abdol Hossein Jafarzadeh

Abstract

The aim of this paper is ¡°presenting a conceptual model for Corporate Innovation in the Iranian Insurance Industry¡±. Statistical community of this research includes Iranian insurance industry and academic experts. Accordingly, first, by studying the literature and background of the subject, 35 subsidiary factors of this structure were defined and after doing some interviews with experts, these factors decreased to 16. Then, questionnaires were distributed among Iranian insurance industry¡¯s experts. Then, 269 filled questionnaires were collected. Next, Factor Analysis and Structural Equation Modeling were used to discover the conceptual model; as a result, the proposed model was extracted. Our finding has been the design and modeling of factors affecting innovation performance of firms in the insurance industry.

Suggested Citation

  • Fatemeh Mirzaei Rabor & Hossein Safari & Tahereh Keshavarzi & Abdol Hossein Jafarzadeh, 2013. "Presenting a Conceptual Model for Corporate Innovation in the Insurance Industry by Structural Equation Modeling: A Case Study in the Iranian Insurance Industry," Business and Economic Research, Macrothink Institute, vol. 3(1), pages 356-368, June.
    • Handle: RePEc:mth:ber888:v:3:y:2013:i:1:p:356-368
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    More about this item

    Keywords

    Innovation; Insurance Industry; Factor Analysis; structural equation modelling (SEM).;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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