Organizational applications of IT innovation and firm's competitive performance: A resource-based view and the innovation diffusion approach

Wu, Ing-Long; Chiu, Mai-Lun

doi:10.1016/j.jengtecman.2014.09.002

Cited by 71 publications

(50 citation statements)

References 67 publications

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“…Without an innovation resource pool, it is difficult for CEIC to carry out innovation activities, such as management innovation, technology innovation, and product innovation [79,80]. CEIC is the carrier of a national and regional innovation strategy.…”

Section: Construction Enterprise's Innovation Capability (Ceic)mentioning

confidence: 99%

A New Systematic Approach to Vulnerability Assessment of Innovation Capability of Construction Enterprises

et al. 2015

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Abstract:The purpose of this research is to study the vulnerability of construction enterprises' innovation capabilities (CEIC) and their respective primary influencing factors. This paper proposed a vulnerability system framework of CEIC, designed two comprehensive assessments for analysis, namely the entropy and set pair analysis method (E-SPA) and the principle cluster analysis and SPA method (P-SPA), and compared grades to verify the vulnerability assessments. Further, the paper quantitatively assessed the major influencing factors in facilitating management, reducing vulnerability, and improving the ability of construction enterprises to respond to changes in the construction industry. The results showed that vulnerability could be effectively and systematically evaluated using E-SPA. However, managing or reducing entrepreneurial sensitivity and improving the ability to respond was critical to supporting sustainable CEIC. The case studies included in this paper suggested that in ensuring sustainable CEIC, companies should concentrate on highly educated human resources, R&D investments, intellectual property related innovations, and government support. This research provided a practical framework and established a sustainable strategy for companies to manage their vulnerability in developing innovation capability. In addition, this research presented an innovative and effective way to quantitatively analyze vulnerability which offered a foundation to signify a new paradigm shift in construction sustainable development.

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Section: Construction Enterprise's Innovation Capability (Ceic)mentioning

confidence: 99%

A New Systematic Approach to Vulnerability Assessment of Innovation Capability of Construction Enterprises

et al. 2015

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“…The evidence is close relationship between IS projects strategic value, strategic alignment outcome, innovation objectives, and drivers in Figure . Moreover, IT personnel of the banks had the needed expertise to manage current trends of banking technology (Panda & Rath, ) and invested in ISs to align and transform business strategies (Coltman et al, ), manage customer relationships (Chen & Tsou, ), enhance collaboration (Panda & Rath, ), and improve performance (Wu & Chiu, ). These reflect statements participants made that “the business will come with their strategy and share with us.…”

Section: Discussionmentioning

confidence: 99%

“…Universal banks in Ghana need to focus their business strategies on innovations and maximize their information technology (IT)‐innovation capabilities as unique and valuable resources (Wu & Chiu, ) to remain competitive. Innovation development requires a strong fit between business and ISs (Chen, Mocker, Preston, & Teubner, ).…”

Section: Introductionmentioning

confidence: 99%

Assessment of IS‐innovation strategic alignment factors among universal banks in Ghana

Obeng

Mkhize

2019

E J Info Sys Dev Countries

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There is a widespread acceptance of information system (IS) strategic alignment. How and whether IS strategic alignment creates value especially in developing countries remains a major challenge for most banks. Additionally, alignment scope is often general making it difficult to identify specific important strategic alignment factors. We explored factors perceived to influence IS-innovation strategic alignment, their interrelationships, and consequential effects among six universal banks in Ghana. Primary data were obtained through interviews. The two-dimensional solution accounted for 85.4% of the total variance with P value of 0.000 indicating strong dependency in the data. The findings indicate IS and innovation of the banks are well aligned, and innovative performance is an output of successful IS-innovation alignment. Collaboration and IS strategic projects factors contributed strongly to the successful alignment.The findings provide bank managers with more reliable and actionable insights to determine the dimensions of alignment that contribute more or less to firm performance. 2011); however, alignment research had always centred on the entire IS strategy or organizational structure (Chan & Reich, 2007) with lingering questions of whether-and how-IS strategic alignment creates value (Queiroz, 2017). In developing countries, IS strategic alignment remains a major challenge for most banks (Labidi et al., 2016). Understanding factors that influence IS-innovation alignment can improve management effort of assessing and determining business value of IT and the dimensions of alignment that contribute more or less to firm performance. However, ISinnovation alignment remains largely unexplored among the universal banks in Ghana, especially, factors that influence IS-innovation alignment.Our major objective of the study then becomes exploring factors that are perceived to influence IS and innovation strategic alignment. In addition, the interrelationships and consequential effects of these perceived alignment factors are explored. Research questions developed to explore the alignment factors were administered through interviews.

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“…A potential adopter may gain an understanding of the potential risks associated with the adoption of the innovation from the fact that other partners within a business network have adopted the innovation in the past (Lee, Leong, Hew, & Ooi, 2013). It is more likely that an organization will adopt an innovation if a number of other linked organizations in the market environment have adopted the same or a similar innovation (Wu & Chiu, 2015), or due to the pressure of market competition (Aydalot & Keeble, 2018;Bossle, de Barcellos, Vieira, & Sauvée, 2016;Kirzner, 2015). However, the probability of a competitive disadvantage depends on the strategic importance of the innovation and its effect on the functioning of the organization.…”

Section: External Factorsmentioning

confidence: 99%

Swedish construction MSEs: simply renovators or renovation service innovators?

Pardalis

Mahapatra

Mainali

2019

Building Research & Information

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To address the renovation needs of detached house stock in Sweden, micro and small-sized enterprises (MSEs), a subgroup of small and medium-sized enterprises, are expected to introduce more comprehensive house renovation solutions. One-stop-shop (OSS) is an innovative Product-Service System model that can enable MSEs to offer comprehensive renovation packages instead of existing fragmented solutions. We have applied a conceptual framework for innovation adoption in organizations and conducted an interview of 21 construction MSEs in three different geographical areas in Sweden to examine their perceptions and preparedness to adopt the OSS business concept. Findings showed that the examined MSEs are positive towards OSS as it could address the needs for the comprehensive renovation of detached houses. However, presently, are not prepared to take the coordinator's role in such a concept mainly due to the perceived business risks, the lack of flexibility to organizational restructuring, and lack of resources and management competency to coordinate multiple tasks and actors. Those organizations lacked awareness of existing policy support and access to funding mechanisms to try new business models. As a solution, they proposed an external coordinator to be the provider of OSS, on the trial phase, whose role and characteristics need to be further examined.

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Organizational applications of IT innovation and firm's competitive performance: A resource-based view and the innovation diffusion approach

Cited by 71 publications

References 67 publications

A New Systematic Approach to Vulnerability Assessment of Innovation Capability of Construction Enterprises

A New Systematic Approach to Vulnerability Assessment of Innovation Capability of Construction Enterprises

Assessment of IS‐innovation strategic alignment factors among universal banks in Ghana

Swedish construction MSEs: simply renovators or renovation service innovators?

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