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Innovation Objectives, Strategies and Firm Performance: A Study of Emerging Market Firms

In: Driving the Economy through Innovation and Entrepreneurship

Author

Listed:
  • Aniruddha

    (Indian Institute of Management)

Abstract

Emerging market firms pursue multiple innovation objectives to counter the effects of environmental complexity and uncertainty. The innovation objectives so selected define the innovation strategy adopted by the firm. Innovation strategies however are characterised by innovation objective trade-offs based on a collection of positively and negatively impacted objectives. The research identifies the various trade-off baskets for each innovation strategy and the impact of these strategies on the innovation performance of the firm. Firms can accordingly balance the positively and negatively impacted objectives by carefully selecting a suitable strategy and achieve superior innovation performance.

Suggested Citation

  • Aniruddha, 2013. "Innovation Objectives, Strategies and Firm Performance: A Study of Emerging Market Firms," Springer Books, in: Chiranjit Mukhopadhyay & K B Akhilesh & R. Srinivasan & Anjula Gurtoo & Parthasarathy Ramachandran & (ed.), Driving the Economy through Innovation and Entrepreneurship, edition 127, pages 3-12, Springer.
    • Handle: RePEc:spr:sprchp:978-81-322-0746-7_1
    DOI: 10.1007/978-81-322-0746-7_1
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    Cited by:

    1. Jové Llopis, Elisenda & Segarra Blasco, Agustí, 1958-, 2015. "Innovation success: What is the role of innovation strategies?," Working Papers 2072/260961, Universitat Rovira i Virgili, Department of Economics.

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