Influence of innovation on performance: analysis of Spanish service firms

Elche, Dioni; Moreno, Ángela González

doi:10.1080/02642060802250294

Cited by 39 publications

(22 citation statements)

References 23 publications

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“…The importance of investment and expenditure on innovation, within the firm, such as acquisition of machinery, equipment, software and external knowledge, is demonstrated in the studies of Mansfield (1988), Shields & Young (1994), Archibugi, Evangelista & Simonetti (1995), Weiss (2003), Camacho & Rodriguez (2005), Canopa & Stoneman (2008) and Elche & González (2008). According to these authors, the firms that make large investments in research and development, in improvement of structures and collaborator's skills, acquire a higher technological capability and consequently, have the capacity to produce more innovations.…”

Section: Innovation In Servicesmentioning

confidence: 99%

Investment and Expenditure on Innovation Activities and Innovative Capability: Empirical Evidence from Portuguese Services Firms and KIBS

Madeira¹,

Simões²,

Moreira³

et al. 2012

IBR

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This research aims to analyze the degree of importance of investment and expenditure on innovation activities for entrepreneurial innovative capability, in the scope of Portuguese services firms and the firms belonging to the KIBS -knowledge-intensive business services. A conceptual model was proposed and several research hypotheses were empirically tested using secondary data, belonging to the 5th CIS 2006, supervised by EUROSTAT. A data set from 829 KIBS firms was studied. The method used will be the logistic regression model. According to the results obtained, the greater the financial investment in acquisition of machinery, equipment and software, in internal research and development, in acquisition of external knowledge, in marketing activities and other procedures, the greater the propensity for firms to innovate in terms of services. This study highlights the contributions that innovation activities can provide in what regards the development of innovation process, giving special emphasis to their service innovation.www.ccsenet.org/ibr

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Section: Innovation In Servicesmentioning

confidence: 99%

Investment and Expenditure on Innovation Activities and Innovative Capability: Empirical Evidence from Portuguese Services Firms and KIBS

Madeira¹,

Simões²,

Moreira³

et al. 2012

IBR

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show abstract

“…Due to this trend, there is increasing social demand and interest in innovation. Indeed, innovation capacity is determining competitive advantage and the survival of companies in the market (Cainelli et al 2004;Elche and González, 2008;Van Riel et al 2004;KangKi and Kang 2014).…”

Section: Introductionmentioning

confidence: 99%

The effect of service innovation on R&D activities and government support systems: the moderating role of government support systems in Korea

Kim

Suh

et al. 2016

Journal of Open Innovation: Technology, Market, and Complexity

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This study analyzes the effects of R&D activities and government support programs for the product innovation of service industry. With the advent of the knowledge based society, the technology innovation of the service industry has become an important source of national competitiveness. However, the studies on technology innovation have focused on manufacturing industry not the service industry. This study analyzes how differently R&D activities and the government support programs have influence on product innovation by the size of companies and how the government support programs have a moderate effect in the relationship between the R&D activities and the innovation. The results of the study are as follows; first, in case of large enterprises, both the internal and external R&D activities were proven to be the important elements for product innovation. In case of SMEs, it was analyzed that only the internal R&D activities are significant. In other words, it was found that internal R&D activities are the important factors of product innovation for both big companies and SMEs. Second, only the direct financial support for SMEs had a positive effect on product innovation. This can be understood as a result relative to the effectiveness and necessity of direct financial support to SMEs' product innovation. Third, in the case of the moderating effect of the government support programs, the programs that provide indirect opportunity for innovation had the positive moderating effects only for SMEs. In conclusion, internal R&D activities were proved to be an important factor of product innovation for both large enterprises and SMEs. And government support programs have had a significant effect only in the case of SMEs. To have an impact on the moderated effect of the government support programs for SMEs, the internal R&D activities were confirmed. This study supports the direction of establishing SMEs support policies in the prospect of service sector innovation.

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“…The long-run survival of firms and companies and their competitiveness in the global market depends on their level of innovation and adaptability to new technologies [3,10]. However, Yi et al [25] and Deng et al [26] challenge the traditional view that innovations always help exporters prosper in competitive international markets by developing and testing the premise that the relationship between innovation and export performance is contingent on some important firm-and location-specific institutional idiosyncrasies.…”

Section: Effect Of Technology Transfer On Performance and Globalizationmentioning

confidence: 97%

“…In order words, SM companies without technology transfer needs to invest in R&D, and thus the job of a CEO is necessary in allocating their limited resources more effectively and efficiently in other for them to be able to use cutting-edge technology in their production processes. Although, to the best of our knowledge, there are few, if any, related studies that investigate the transfer of technology between companies of different sizes, prior studies have confirmed that technology is positively correlated with the output level of companies [9,10]. …”

Section: Descriptive Statisticsmentioning

confidence: 99%

“…Due to this increasing trend of labor market participants in this sector, there is increasing demand and interest in innovation. This shows that innovation capacity is determining competitive advantage and the continuing existence of companies in the market [9,10]. However, SM companies face various limits to rely entirely on their own R&Ds and technology for sound and stable growth.…”

Section: Introductionmentioning

confidence: 99%

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Does Technology Transfer Help Small and Medium Companies? Empirical Evidence from Korea

2016

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Abstract:We challenge the view that technology transfer from big companies to small and medium (SM) size companies helps SM companies to prosper. With a large dataset of SM companies in Korea, we utilize the stochastic production frontier (SPF) model to examine the productivity of inputs and the generalized linear model (GLM) to compare business performance between two groups of SM companies: SM companies that receive technology transfer and those that do not receive technology transfer from big companies. The empirical results demonstrate that the transfer of technology from big companies to SM companies help SM companies to enjoy productivity of capital. Nonetheless, SM companies receiving technology transfer were found to underperform in terms of labor productivity and profit margin compared to their counterparts. We further investigate the reasons why SM companies receiving technology transfer from big companies underperform relative to their counterparts, and our findings shows that the former do not export much of their product and face more difficulties such as lower price for their products imposed by big companies than the latter. By identifying the negative rather than the conventionally assumed positive effect of technology transfer, this paper contributes to the literature on the relationship between technology transfer and SM companies' prosperity in the case of Korea. Our findings have important implications for how SM companies should strategize and rethink about the clauses embedded in the transfer of technology that they receive from big companies because technology transfer plays as a barrier to their prosperity.

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Influence of innovation on performance: analysis of Spanish service firms

Cited by 39 publications

References 23 publications

Investment and Expenditure on Innovation Activities and Innovative Capability: Empirical Evidence from Portuguese Services Firms and KIBS

Investment and Expenditure on Innovation Activities and Innovative Capability: Empirical Evidence from Portuguese Services Firms and KIBS

The effect of service innovation on R&D activities and government support systems: the moderating role of government support systems in Korea

Does Technology Transfer Help Small and Medium Companies? Empirical Evidence from Korea

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