IDEAS home Printed from https://ideas.repec.org/a/ids/ijtlid/v12y2020i2p136-152.html
   My bibliography  Save this article

Technology innovation and financial performance of MSMEs during Covid-19 lockdown in Dammam area of Saudi Arabia: a case of food and beverage sector

Author

Listed:
  • Yusuf Opeyemi Akinwale

Abstract

The Covid-19 pandemic and the lockdown associated with it have shown how turbulent the business environment could be. The resources (tangible or intangible) become very crucial to the survival of firms during this period. Innovation has theoretically been documented as a valuable resource which could foster firm performance. The aim of this paper is to empirically examine the relationship between innovation efforts, technology innovation and the financial performance of micro, small and medium enterprises (MSMEs) in food and beverage sector in Dammam area of Saudi Arabia. The results of structural equation model reveal that innovation efforts contribute positively and significantly to product and process innovations. Meanwhile, process innovation is positively significant in influencing the MSMEs' financial performance whereas product innovation though positive but not significant. This implies that top management in this sector should concentrate more on process innovation as this improve their financial performance during the lockdown in Dammam.

Suggested Citation

  • Yusuf Opeyemi Akinwale, 2020. "Technology innovation and financial performance of MSMEs during Covid-19 lockdown in Dammam area of Saudi Arabia: a case of food and beverage sector," International Journal of Technological Learning, Innovation and Development, Inderscience Enterprises Ltd, vol. 12(2), pages 136-152.
    • Handle: RePEc:ids:ijtlid:v:12:y:2020:i:2:p:136-152
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=110622
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alessia Patuelli & Guido Caldarelli & Nicola Lattanzi & Fabio Saracco, 2021. "Firms’ challenges and social responsibilities during Covid-19: A Twitter analysis," PLOS ONE, Public Library of Science, vol. 16(7), pages 1-30, July.
    2. Michela Piccarozzi & Cecilia Silvestri & Patrizio Morganti, 2021. "COVID-19 in Management Studies: A Systematic Literature Review," Sustainability, MDPI, vol. 13(7), pages 1-28, March.
    3. Yusuf O. Akinwale & Hoda M. AboAlsamh, 2023. "Technology Innovation and Healthcare Performance among Healthcare Organizations in Saudi Arabia: A Structural Equation Model Analysis," Sustainability, MDPI, vol. 15(5), pages 1-15, February.

    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:ids:ijtlid:v:12:y:2020:i:2:p:136-152. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=240 .

    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.