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This paper explores how two specific market-based resources, export entrepreneurial-oriented and export market-oriented behaviours, act to drive the performance of firms' product innovations in their export markets. Drawing upon data from 164 Ghanaian exporters, the results indicate that both export entrepreneurial-oriented behaviour and export market-oriented behaviour drive export product innovation success. Entrepreneurial-oriented behaviour is more likely to be a driver of product innovation success when market-oriented behaviour is strong. This joint effect is more substantial when market dynamism is strong Individually, entrepreneurial-oriented and market-oriented behaviours are more likely to be related to export product innovation success when market dynamism is high. The theoretical and practical implications are discussed.

This study compares the new product performance outcomes of firm‐level product innovativeness across a developed and emerging market context. In so doing, a model is constructed in which the relationship between firm‐level product innovativeness and new product performance is anticipated to be curvilinear, and in which the nature of this relationship is argued to be dependent on organizational and environmental factors. The model is tested using primary data obtained from chief executive officers and finance managers in 319 firms operating in the United Kingdom, an advanced Western market, and 221 firms from Ghana, an emerging Sub‐Saharan African market. The model is assessed using a structural equation model multigroup analysis approach with LISREL 8.5. In the United Kingdom and Ghana, the basic form of the relationship between firm‐level product innovativeness and business success is inverted U‐shaped, but the strength and/or form of this relationship changes under differing levels of market orientation, access to financial resources, and environmental dynamism. While commonalities are identified across the two countries (market orientation helps firms leverage their product innovativeness), differences are also observed across the samples. In Ghana, access to financial resources enhances the relationship between product innovativeness and new product performance, unlike in the United Kingdom where no moderation is observed. Furthermore, while U.K. firms leverage product innovativeness to their advantage in more dynamic environments, Ghanaian firms do not benefit in this way: here, high levels of innovation activity are less useful when markets are more dynamic. If the study's findings generalize, there are a number of implications for managers of both emerging and developed market businesses. First, managers in both developed and developing market firms should focus on determining and managing an optimal balance of novel and intensive product innovativeness within the context of their unique institutional environments. Second, for emerging market firms, a market orientation capability helps businesses leverage local market intelligence, enabling them to compete with multinational giants flocking to emerging markets, but typical developed market learning approaches may be insufficient for multinational firms when seeking to compete in emerging markets. Third, for emerging market firms, access to finances helps deliver product innovation success (although this is not the case for developed market firms, possibly due to strong financial institutions). Finally, unlike developed market firms, burdened by institutional voids at home, emerging market firms appear to be less capable of competing on an innovation front in more dynamic market conditions. Accordingly, policymakers in emerging markets should consider identifying ways to help businesses raise market orientation levels, and seek to create conditions that enhance access to financial capital (e.g., direct financing, matching grants, tax rebates, or rewarding ...

Much scholarly work has explored the benefits firms accrue from innovation activities. Although some research has shown that firm innovativeness is associated with enhanced export success, the conditions under which firm innovativeness activities are most and least beneficial are not well understood. The authors take a contingency perspective and use social capital theory to investigate how internal channel networking capability and structural factors as well as external environment factors affect the innovativeness–export performance relationship. Analysis of samples of exporting firms from Ghana and Bosnia and Herzegovina indicates that innovativeness is most beneficial for firms operating in competitive and dynamic export markets; those in less competitive and static markets do not benefit from their innovation activities to the same extent. Stronger networking capabilities and a more organic structure also enhance the innovativeness–export performance relationship. The findings imply that the management of firm innovativeness is not a straightforward task in which greater emphasis on innovation activities is always beneficial for firms; rather, exporting organizations must match firm innovativeness levels to external environmental conditions and internal capabilities and structures.

While firms continue to commit slack financial resources to sustainability causes, knowledge is lacking on how financial resource slack drives sustainability expenditure under varying conditions of market pressure and political connectedness in a developing-economy market. Using primary data from exporting small and medium sized enterprises in Nigeria, this study shows that increases in financial resource slack are associated with decreases in sustainability expenditure. Additionally, results indicate that the negative effect of financial resource slack on sustainability expenditure becomes positive when levels of market pressure are higher. However, the negative effect relationship is strengthened (i.e. becomes more negative) when levels of political connectedness are greater. We discuss theoretical and managerial implications of these findings.