Effect of Innovation Orientation of High-Tech SMEs “Small and Mid-Sized Enterprises in China” on Innovation Performance

Tong, Tong; Rahman, Azmawani Abd

doi:10.3390/su14148469

Cited by 9 publications

(5 citation statements)

References 75 publications

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“…This is an era of globalization where managers and responsible executives need to be competitive in the market to gain superior performance in their companies. However, building a BMI is not automatic; it takes talent and resources to do so [140,141].…”

Section: Discussionmentioning

confidence: 99%

Research on the Impact of BMI on Enterprise Performance Based on the Antecedence of Risk Perception

2022

Self Cite

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Despite research showing that business model innovation (BMI) can enhance performance and create competitive advantages for small- and medium-sized businesses, these firms often do not achieve the expected outcomes. A business model can undergo irreversible fundamental changes due to Business Model Innovation (BMI), resulting in high levels of risk, uncertainty, and ambiguity. An analysis of 350 Chinese small- and medium-sized enterprises (SMEs) was conducted to determine the impact of innovating a business model on firm performance. Based on BMI calculations, this study investigates whether organizational capabilities and growth strategies impact business performance. Even though BMI is not directly correlated with firm performance, growth in efficiency and novelty, organizational capacities, and revenue are all fully mediated by growth in those factors. Revenue growth, organizational capacity, and efficiency affect a firm’s performance. The model is proven to be valid by this study. In addition to providing guidelines on implementing BMI based on a company’s strategy, this study contributes to the existing literature on BMI efforts for small- and medium-sized businesses.

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Section: Discussionmentioning

confidence: 99%

Research on the Impact of BMI on Enterprise Performance Based on the Antecedence of Risk Perception

2022

Self Cite

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“…The team innovation performance enables employees to promote creativity and innovative ideas. Technology is critical in cultivating firms' innovation performances [42]. Positive organizational attitudes enable emerging digital phenomena (i.e., affinity towards technology) foster businessrelated innovation processes.…”

Section: Corporate Affinity For Technology and Team Innovation Perfor...mentioning

confidence: 99%

The Nexus of Corporate Affinity for Technology and Firm Sustainable Performance in the Era of Digitalization: A Mediated Model

Bhatta,

Sarfraz,

Ivascu

et al. 2023

Sustainability

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This study aims to elaborate on the embeddedness of digital technology applications and their effect on firms’ sustainable performances under the mediating conditions of team innovation performance and digital organizational culture. The study employs a quantitative approach, and data were collected from 319 employees working in the information technology sector of China. Analyses of moment structures ((AMOS-version 27.0) and SPSS software- version 4.0) were used for data analysis, and the structural equation modeling (SEM) technique was utilized for hypothesis testing. The results show that a corporate affinity for technology has a positive and significant impact on sustainable performance, organizational digital culture, and team innovation performance. Organizational digital culture mediates the relationship between the corporate affinity for technology and sustainable performance. Team innovation performance mediates the relationship between the corporate affinity for technology and sustainable performance. The study contributes to business sustainability in terms of digitalization. Scholars and professionals can use the study as a guide for developing a business model that ensures the sustainable performance of firms. The research seeks to fill the existing gap in the literature concerning sustainable company performance by examining the potential for digitalization to enhance organizational sustainability. Firms need to prioritize investments in technology, they need to build a “tech-savvy” workforce, and they need to promote digital culture across the organization. A mixed-methods study would provide a more comprehensive understanding of this matter. For business leaders, this research provides important insights into how digital tools may be used to foster a productive work environment and ensure long-term success. The study profoundly elaborates on different interdependencies that influence the firms’ sustainable performances, and it suggests that managers should devise policies to enable technology acceptance.

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“…It is in line with what (Singh & Sushil, 2004) reported that production flexibility dealt with the effective use of company resources to create various products or services to meet various demands regardless of environmental uncertainty with minimum impact on costs and overall objectives. Moreover, flexibility significantly impacts the sustainability of competitive advantage (Tong & Rahman, 2022).…”

Section: Flexible-product-focused Short-term Oriented and Resilient S...mentioning

confidence: 99%

Strategic Orientations to Strengthen Policymaking: Study of Small-Scale Cassava-Based Agroindustry in Central Java, Indonesia

Kusnandar

Setyowati

Rahayu

2023

J AGRIB RURAL DEV RES

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The cassava agroindustry is an essential part of the food sub-sector, and as it provides economic benefits for business actors from upstream to downstream. The development of the industry has been focused on aspects of cultivation, whereas the aspects of processing, marketing, management, and business innovation also need support. This study aims to formulate strategic orientations of SMEs in developing cassava-based agroindustry. This exploratory study was conducted on SMEs in the agroindustry with products made from cassava. A total of 115 SMEs in Central Java Province were taken as samples using stratified random sampling. Factor analysis was performed with the Principle Component Analysis (PCA). The strategic orientations covered product focus and short-term orientation to survive; market knowledge and flexibility; long-term orientation for market penetration or development; product development innovation to create differentiation; and reactive strategy orientation for stability. These five aspects should be considered to win the competition, build a competitive advantage, and face changes in the business environment. However, implementing them required the commitment of cassava-based SMEs, government support, and the development of collaboration with larger industries. Thus, the strategic orientations could be applied as a regional policy to improve the business performance in the cassava agroindustry in Central Java.

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Effect of Innovation Orientation of High-Tech SMEs “Small and Mid-Sized Enterprises in China” on Innovation Performance

Cited by 9 publications

References 75 publications

Research on the Impact of BMI on Enterprise Performance Based on the Antecedence of Risk Perception

Research on the Impact of BMI on Enterprise Performance Based on the Antecedence of Risk Perception

The Nexus of Corporate Affinity for Technology and Firm Sustainable Performance in the Era of Digitalization: A Mediated Model

Strategic Orientations to Strengthen Policymaking: Study of Small-Scale Cassava-Based Agroindustry in Central Java, Indonesia

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