Innovation and Organizational Cost Saving: A Case from Malaysian Innovation Project

Abstract

This study investigates the relationship between innovation and the cost saving per year of the corporation and the governmental sectors. Consideration amount of the cost saving per year by sectors that involved in this study is also accounted as to support the relationship between variables. This study uses the secondary data obtained from Malaysia Productivity Corporation (MPC). The predictor and the outcome of the model will explain whether the relationship with both variables does exist. The data consist of innovation project that conducted by the taskforce in the business organization and non-business organization which previously in the manufacturing sector (MS), servicing sector (SS) and the public sector (PS

Multidimensional Model of High-Growth Companies: Do COVID-19 and the Ukraine–Russia Crisis Lead to Differences?

“…The determinants of entrepreneurial orientation were found to be related to the implementation of measures that HGCs can take to overcome financial constraints. The ability to innovate (i.e., innovativeness) can reduce costs in the long run [46,47], as companies are more willing to participate in joint projects, using their entrepreneurial orientation, i.e., their ability and agility to adapt quickly to different situations. The chosen strategic response to a given situation also depends on the entrepreneurial orientation.…”