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Innovation And Performance Management: Mapping The Research Landscape Using Bibliometric Analysis

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  • GORSKI Andra-Teodora

    (Lucian Blaga University of Sibiu)

Abstract

Innovation serves different strategic purposes and is crucial for enhancing organizational performance in order to gain or to maintain a sustainable competitive advantage. By broadening the innovation ecosystem through collaboration with external partners, customers, and other stakeholders, organisations can share ideas, technologies, and resources. This paper aims to examine the interrelationships between performance management, innovation, and the multifaceted nature of different drivers, with a focus on their collective impact on organisational outcomes. The research methodology employed a bibliometric analysis based on the search on the Web of Science core collection. The resulted documents in English were exported and further processed with the aid of the SciMAT software to explore the evolution and interrelationship between these concepts and other keywords. According to the research results, innovation is closely linked with other keywords including performance management, human resource management (HRM), sustainability, governance, environmental performance, supply chain management and others. Technological innovation, product development, and organisational capabilities were also found by the research to have a significant interconnection. This highlights innovation as a crucial competency for enhancing firm performance and meeting market demands. Furthermore, research identifies transformational leadership as a critical factor in this process. This leadership style has been found to significantly boost employee motivation, thereby influencing innovation performance in a positive manner. To achieve sustainable growth, organizations should prioritize their innovation capabilities, foster a culture of creativity, and integrate innovation with performance management.

Suggested Citation

  • GORSKI Andra-Teodora, 2024. "Innovation And Performance Management: Mapping The Research Landscape Using Bibliometric Analysis," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 76(1), pages 45-58, March.
    • Handle: RePEc:blg:reveco:v:76:y:2024:i:1:p:45-58
    DOI: 10.56043/reveco-2024-0005
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    References listed on IDEAS

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    1. Philippe Aghion & Nick Bloom & Richard Blundell & Rachel Griffith & Peter Howitt, 2005. "Competition and Innovation: an Inverted-U Relationship," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 120(2), pages 701-728.
    2. Aurora Martínez-Martínez & Juan-Gabriel Cegarra-Navarro & Manuel-Jesús Cobo & Tiphaine Valon, 2023. "Impacts and Implications for Advancing in Environmental Knowledge in Hospitality Industry in COVID Society: a Bibliometric Analysis," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 2026-2053, June.
    3. Aurora Martínez-Martínez & Juan-Gabriel Cegarra-Navarro & Manuel-Jesús Cobo & Tiphaine Valon, 2023. "Correction to: Impacts and Implications for Advancing in Environmental Knowledge in Hospitality Industry in COVID Society: a Bibliometric Analysis," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 2054-2055, June.
    4. Yenchun Jim Wu & Mark Goh & Yingping Mai, 2023. "Social innovation and higher education: evolution and future promise," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 10(1), pages 1-14, December.
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    More about this item

    Keywords

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    JEL classification:

    • C55 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Large Data Sets: Modeling and Analysis
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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