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Internationalization impacts on team innovation in Lithuanian high-tech firms

Author

Listed:
  • Mindaugas Laužikas

    (GILE Experts Limited, Malta)

  • Mindaugas Laužikas

    (Vilnius University Business School, Lithuania)

  • AistÄ— MiliÅ«tÄ—

    (Vilnius University Business School, Lithuania)

  • Mukhammad Khalili

    (Vilnius University Business School, Lithuania)

Abstract

Given a well-established literature on internationalization processes and its main impacts on companies' performance (Begeny, 2018; Bužavaitė et al., 2019), it is worth examining how internationalization affects companies, driven by innovation at three different levels (individual, team and organizational) which is anchored in three main pillars: effectiveness, creativity and efficiency. The first pillar is related to strategic decision-making and business intelligence (along with data collection and analysis; setting efficiency criteria, strategic goals and outputs, as well as the tactics for each criteria). The second pillar covers a set of internationalization-related aspects, such as creative ideas generation, marketing and communications strategies, HR and R&D culture, leadership and talent development; while the third pillar is liaised with monitoring and execution of innovative activities. In line with studies with regard to innovation processes (Szopik-Depczyńska, 2015; Gries et al., 2017; Von Schomberg and Blok, 2018), the present paper continues examining the innovation performance; however, the main focus is on team innovation performance or the ways of unlocking the internationalization potential within team innovation processes via a set of aspects, such as effective decision-making, creative and divergent thinking, and efficient execution in teams. In light of the emergence of modern technology, employees of Lithuanian high-tech companies were selected for a quantitative survey, while scrutinizing the liaison between team internationalization and innovation commercialization success. Having the primary quantitative data (related to internationalization level, creative thinking, innovation performance in high-tech respondents' teams) collected and analysed, further on, the innovation performance improvement suggestions are provided for the leaders of high-tech international teams.

Suggested Citation

  • Mindaugas Laužikas & Mindaugas Laužikas & AistÄ— MiliÅ«tÄ— & Mukhammad Khalili, 2021. "Internationalization impacts on team innovation in Lithuanian high-tech firms," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 3(1), pages 41-64, March.
    • Handle: RePEc:ssi:jouird:v:3:y:2021:i:1:p:41-64
    DOI: 10.9770/IRD.2021.3.1(3)
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    References listed on IDEAS

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    1. Richard L. Priem, 1990. "Top management team group factors, consensus, and firm performance," Strategic Management Journal, Wiley Blackwell, vol. 11(6), pages 469-478, October.
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    More about this item

    Keywords

    internationalization; technologies; impacts; team innovation; high-tech; commercialization; creativity; effectiveness; efficiency;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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