Acquisition of new technology information for maintenance and replacement policies

Nguyen, Khanh T. P.; Yeung, Thomas; Castanier, Bruno

doi:10.1080/00207543.2016.1229069

Cited by 11 publications

(6 citation statements)

References 15 publications

(18 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The expense of maintaining a company’s technology rises as it ages and deteriorates. Because of technological development, both new capital and maintenance costs fluctuate during the life of a fixed asset ( Nguyen et al, 2017 ). According to the literature, the ideal asset (technology) lifespan is usually shorter when new capital costs fall faster than the slow falls of maintenance costs, or when both new investment and operational costs fall at the same rate ( Zirra, 2020 ).…”

Section: Introductionmentioning

confidence: 99%

Role of Technological Acquisition and R&D Expenditure in Innovative Investment

2022

View full text Add to dashboard Cite

Despite the mounting importance of digitalization among industries and the corporate sector, the stress on the transformation of business operations is limited, thus creating a gap in the literature. The current study aims at determining the role of technological acquisition and research and development (R&D) expenditure in innovative investment. Technological acquisition and R&D are two crucial indicators of digital innovation. Therefore, to understand this, the current study collected data using a questionnaire survey method from 341 employees of the R&D department in the corporate sector of China. Data analysis was performed using the structural equation modeling (SEM) technique. The software used for the statistical analysis of the data was Smart-PLS. Results of the study showed a significant relationship between the independent variables (technological acquisition and R&D) and the dependent variables (innovative investment and attitude toward digital innovation). The study also found that attitude toward digital innovation among the employees positively and significantly impacted innovative investment. Moreover, attitude toward digital innovation acts as a partial mediator between technological acquisition and innovative investment, and R&D and innovative investment. Furthermore, technological culture significantly moderated the relationship between technological acquisition and innovative investment, but did not moderate the relationship between R&D and innovative investment. Henceforth, to practically imply the present study, it is important to ensure the use of the technology is made common by providing training to the employees so that the technical skills of the employees can be polished and utilized for the betterment of the firm.

show abstract

Section: Introductionmentioning

confidence: 99%

Role of Technological Acquisition and R&D Expenditure in Innovative Investment

2022

View full text Add to dashboard Cite

show abstract

“…Business owners and managers must make decisions in an environment of uncertainty while making the most out of limited resources. To remain competitive, firms must secure and maintain technology-businesses need to acquire information on future technology while developing asset maintenance and replacement strategies (Nguyen et al 2017). Firm maintenance costs increase when technology becomes older due to deterioration.…”

Section: Introductionmentioning

confidence: 99%

Technology Acquisition and SMEs Performance, the Role of Innovation, Export and the Perception of Owner-Managers

Mallinguh

Wasike

Zéman

2020

JRFM

View full text Add to dashboard Cite

Sufficient literature supports small and medium ‘enterprises’ (SMEs) significant role in emerging and mature economies. Still, the same research highlights varying challenges that innovative firms in developing economies face, like access to formal credit and external markets. This study examines the effect of a capital budget’s proportion for acquiring new technology and sale performance between 2017–2019 using a sample of 101 Kenyan SMEs. The ordinary least square moderated mediation results indicate that: (1) the proportion of the capital budget allocated for the acquisition of technology positively and significantly influences sales; (2) the index of moderated mediation suggests that the perception of firm owner-managers towards the availability of formal credit moderates the mediated relationship between the capital budget’s portion spent on technology and sales as mediated by innovation activities. However, the index is insignificant for the second mediator, export longevity. However, in the final model, both the level of innovation and export longevity positively and substantially affect sales.

show abstract

“…It is very important for SMEs to use modern methods of management, making decisions in an environment of uncertainty while taking advantage of limited resources [138]. Furthermore, to remain competitive, SMEs must secure and maintain technology; a business needs to stay informed about future technology while developing a maintenance and asset replacement strategy [139].…”

Section: Determinants Of Human Resource Capacity and Productivity Of Smesmentioning

confidence: 99%

Economic Business Sustainability and Strengthening Human Resource Capacity Based on Increasing the Productivity of Small and Medium Enterprises (SMEs) in Makassar City, Indonesia

Hernita¹,

Surya

Perwira³

et al. 2021

Sustainability

View full text Add to dashboard Cite

The dynamics of urban development coupled with economic growth have contributed positively to the development of small and medium enterprises (SMEs). Optimizing the utilization and strengthening of the capacity of SMEs’ human resources will encourage increased productivity of economic enterprises and the sustainability of small and medium enterprises (SMEs). This study aims to analyze (1) strengthening the capacity of human resources (HR) of small and medium enterprises to work as a determinant of increasing the productivity of small and medium enterprises (SMEs) and labor absorption; (2) the effect of strengthening the capacity of human resources (HR), business productivity, technology utilization, and business diversification on the sustainability of small and medium enterprises (SMEs); and (3) optimizing the role of government in supporting business development, increasing productivity, business stability and sustainability of small and medium enterprises (SMEs). This study uses a sequential explanatory design approach. Data were obtained through observation, in-depth interviews, surveys, and documentation. Qualitative analysis in this study was carried out through a process of data reduction, data presentation, and conclusion drawing, while the quantitative analysis in this study uses quantitative descriptive analysis, correlation, and multiple regression. The results showed that strengthening the capacity of human resources, coupled with the use of technology, and followed by diversification of business, had a positive contribution to increasing the productivity of small and medium enterprises (SMEs). Furthermore, strengthening human resource capacity, business productivity, technology utilization, and business diversification simultaneously have a positive and significant correlation to the sustainability of small and medium enterprises (SMEs) with a determination coefficient of 72.3%. This study recommends that government policy support through strengthening human resource capacity, increasing business productivity, technology utilization, and business diversification have an impact on the sustainability of small and medium enterprises (SMEs) in Makassar City, Indonesia.

show abstract

Acquisition of new technology information for maintenance and replacement policies

Cited by 11 publications

References 15 publications

Role of Technological Acquisition and R&D Expenditure in Innovative Investment

Role of Technological Acquisition and R&D Expenditure in Innovative Investment

Technology Acquisition and SMEs Performance, the Role of Innovation, Export and the Perception of Owner-Managers

Economic Business Sustainability and Strengthening Human Resource Capacity Based on Increasing the Productivity of Small and Medium Enterprises (SMEs) in Makassar City, Indonesia

Contact Info

Product

Resources

About