Correlation between innovation and performance of construction firms

Choi, Seok-In; Jang, Hyoun-Seung; Hyun, Joonsik HyunJ.

doi:10.1139/l09-070

Cited by 25 publications

(12 citation statements)

References 16 publications

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“…Choi et al (2009) argued that a firm’s performance is a direct indication of its level of innovativeness. This was evident in the results as it was observed that firms’ efficiency and productivity targets affected their choice of innovation route.…”

Section: Resultsmentioning

confidence: 99%

Innovation development and adoption in small construction firms in Ghana

Dansoh

Oteng

Frimpong

2017

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Purpose The purpose of this research is to identify the conditions under which the internal environment of small construction firms makes them either develop or adopt an innovation. Design/methodology/approach The research described in this paper adopted a qualitative case study approach. The data were obtained from multiple sources such as face-to-face semi-structured interviews with company representatives and from project reports. Findings The study identified that firms’ decision to either adopt or develop an innovation is determined by a complex interaction between their internal environment and 12 different conditions. Some of the findings contrast widespread perceptions in broader literature on innovation development and adoption in small construction firms. Research limitations/implications The study focused only on firms from two regions in Ghana. Additionally, adopting a purely qualitative approach meant that the quantitative impacts of the different factors were not presented. Practical implications The results can inform the decisions of agencies and persons wishing to invest their resources in innovation activities of small construction firms. It can also inform the policy debate and directions of government and industry associations looking to create innovation-friendly environments in the small business sector. Originality/value This research provides a better understanding of innovation development and adoption by small construction firms. Given that there is little previous research on innovation by small construction firms, especially in developing economies, the paper complements existing studies that generally focus on much larger firms and developed economies.

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Section: Resultsmentioning

confidence: 99%

Innovation development and adoption in small construction firms in Ghana

Dansoh

Oteng

Frimpong

2017

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“…It was obtained that innovation affects the efficiency of workers [108]. Innovation will ultimately boost productivity via employee generating ideas for novel services and products [108], better administrative processes, enhance efficiencies and successful job management [109], improve organization suitability [110], and increase overall organizational performance and efficiency [108]. Innovation would also improve the quality, quantity, and timeliness of production, involvement in the workplace, and efficiency to complete the task [109].…”

Section: Development Of Research Hypothesesmentioning

confidence: 99%

The Mediating Role of Employee Innovativeness on the Nexus between Internet Banking and Employee Performance: Evidence from the Republic of Congo

Pea-Assounga

Yao

2021

Mathematical Problems in Engineering

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In recent years, banks have begun to realize the importance of Internet banking services and their connection with the banking sector. The main purpose of this article was to find the mediating role of employee innovativeness in the relationship between Internet banking and employee performance of certain banks in the Republic of Congo. A 350-sample size was considered, and a partial least square and structural model equation was used for data analysis. The research results suggested that Internet banking positively affects employee performance and employee innovativeness. They also confirmed that employee innovativeness partially mediates the relationship between Internet banking and employee performance. The theoretical model was built based on Diffusion of Innovation (DOI) Theory, Job Demands-Resources (JD-R) Model, Absorptive Capacity Theory (ACT), and Resource-Based View Theory. This work makes a more accurate contribution to the literature on Internet banking and employee performance. The study further provided recommendations and suggests directions for future studies.

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“…Innovation in architecture, engineering, and construction (AEC) was commonly known as construction innovation which is defined as ''apply new ideas, technologies, products or processes to solve construction problems, increase resource efficiency or improve living standards'' [13]. From the perspective of industry, construction innovation improves the productivity of the construction industry [30] and the performance and competitiveness of construction enterprises [31]. Innovation is significant to save resources, improve management efficiency, increase project reliability and enhance project sustainability [32].…”

Section: B Innovation and Sustainable Constructionmentioning

confidence: 99%

Collaborative Innovation for Sustainable Construction: The Case of an Industrial Construction Project Network

et al. 2020

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Sustainable construction requires effective innovation in construction projects. Innovations involved multiple professionals and participants, inter-organization collaborative among stakeholders is considered as a feature and basic demand for innovation management. Exploring complicated interaction relations of stakeholders in inter-organization collaborative innovation, which is an important guarantee to realize innovation in sustainable construction. The network was viewed as a complex system that can replace stable organizational structure and procedures. It is necessary to shed light on the internal mechanism of innovation from the network perspective to promote the performance of innovation. This article investigates the project network of an industrial construction project in China by adopting the social network method and in-depth quantitative data analysis. Based on the network data and qualitative interview, the structure of the project network in the process of innovation for sustainable construction is analyzed, the key actor in the innovation management is revealed, and the influence factors of the inter-organization collaborative is pointed out. Research results will help promote the inter-organization collaborative innovation and improve the efficiency of sustainable construction.

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Correlation between innovation and performance of construction firms

Cited by 25 publications

References 16 publications

Innovation development and adoption in small construction firms in Ghana

Innovation development and adoption in small construction firms in Ghana

The Mediating Role of Employee Innovativeness on the Nexus between Internet Banking and Employee Performance: Evidence from the Republic of Congo

Collaborative Innovation for Sustainable Construction: The Case of an Industrial Construction Project Network

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