The effect of innovation practices on agribusiness performance: A structural equation modelling (SEM) approach

Ntiamoah, Evans Brako; Li, Dongmei; Sarpong, Daniel Bruce

doi:10.1080/20421338.2019.1573958

Cited by 8 publications

(10 citation statements)

References 33 publications

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“…Common measurement methods include data envelopment analysis (DEA) [30,31], the fuzzy comprehensive evaluation method, factor analysis [32], principal component analysis [33], analytic hierarchy process (AHP), entropy weight, technique for order preference by similarity to ideal solution (TOPSIS), and grey correlation analysis. For example, Li et al [34] analyzed regional innovation and green economy efficiency based on DEA and fuzzy evaluation methods.…”

Section: Literature Review 21 Green Innovationmentioning

confidence: 99%

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Evaluation Model and Empirical Research on the Green Innovation Capability of Manufacturing Enterprises from the Perspective of Ecological Niche

Ying¹,

Xu²

2021

Sustainability

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Green innovation is an important driving force in promoting the sustainable development of manufacturing enterprises and improving market competitiveness. This study selects indicators from the two aspects of ecostate and ecorole in order to reflect green research and development, cleaner production, and green marketing based on niche theory. We construct an evaluation index system to objectively and accurately assess the green innovation capability of manufacturing enterprises. Subsequently, based on the principle of relative entropy, the analytic hierarchy process, entropy weight method, and coefficient of variation method are fused to determine the combined weight of the indicators, and a multi-level, comprehensive evaluation model is constructed using cloud model tools. Finally, through an empirical analysis of the evaluation of the green innovation capability of five manufacturing enterprises, the feasibility of the model and the stability of the evaluation results are verified through three dimensions: numerical experiment, sensitivity analysis, and method comparison. The results show that the evaluation system constructed in this study is superior. It provides the basis and decision-making reference for enterprises to carry out market positioning and formulate innovation and development strategies.

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Section: Literature Review 21 Green Innovationmentioning

confidence: 99%

“…Economic, environmental, and social factors [25][26][27] Method DEA, AHP, entropy, TOPSIS, etc. [30][31][32][33] The above methods often inevitably lead to experts' subjective judgment and unreasonable weight distribution, and ignore the randomness and fuzziness of evaluation information.…”

Section: Brief Reviewmentioning

confidence: 99%

Evaluation Model and Empirical Research on the Green Innovation Capability of Manufacturing Enterprises from the Perspective of Ecological Niche

Ying¹,

Xu²

2021

Sustainability

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“…Actors believe that the technology they are about to employ will help them improve their performance because of its perceived utility. Agribusiness enterprises believe that any innovation activity that lowers productivity and income is incompatible with their operations (Ntiamoah et al, 2019). In this study, internal factors include PU; perceived usefulness, OC; organizational culture, PI; personal innovation, PE; farmers prior experience, and C; compatibility, as determined by vast literature.…”

Section: Internal Factorsmentioning

confidence: 99%

“…According to previous studies, Ghanaian agribusinesses have not completely realized their potential because they have not been able to innovate agricultural technology quickly enough to keep up with improvements in agricultural development knowledge (Abban et al, 2014;Bosompem et al, 2017;Ntiamoah et al, 2019). The research of Vlachopoulou et al (2021) has revealed that agribusinesses should be trained and equipped with the latest tools and technologies in order to improve their productivity and profitability.…”

Section: Introductionmentioning

confidence: 99%

Factors influencing technological innovation among agribusiness firms: A survey of small agricultural businesses in Ghana.

Li¹,

Ntiamoah²,

Nyamah³

et al. 2022

New Medit

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Agricultural research in Ghana has resulted in a number of innovations targeted at increasing the productivity of small agricultural businesses. However, none of these studies has investigated the factors that influence the adoption of technological innovation in Ghanaian agriculture businesses. Hence, this study examine the factors that influence the adoption of technological innovation in Ghanaian agribusinesses. Structural equation modeling was used to examine data collected from 1526 agribusiness employees in Ghana using a convenience sampling technique and a questionnaire survey. The findings indicate that internal, and external factors have an impact on information and communication technology (ICT), and new materials and technology (NM & NT), but no or little impact on biotechnology (BT) respectively. Also, the study reveal that human capital factors have a substantial impact on ICT, BT, and NM & NT. Lastly, the findings show that ICT, BT, and NM & NT have a positive and significant impact on technological innovation. The study underscores the need for agribusinesses to focus on internal and human capital factors since they increase employees' productivity and efficiency.

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“…Few studies according to Spithoven, Bart, and Mirjam (2010) have conducted research into the relationship between innovation and enterprise"s performance. Based on the review of Ntiamoah, Li, and Sarpong (2019) it was discovered that the attention of some empirical studies was majorly on the relationship between the dimensions (product, process, organizational and marketing innovation) of innovation and performance. Several studies (such as (Bakar & Ahmad, 2010); (Chong, Chan, Ooi, & Sim, 2011); (Njogu, 2014); (Olughor, 2015); (Gu & Shao, 2015); (Ndesaulwa & Kikula, 2016); (Canh, Liem, Thu, & Khuong, 2019)) are aware of the significance of innovation and have conducted an empirical investigation to unveil the impact of innovation on enterprise"s performance.…”

Section: Authormentioning

confidence: 99%

Influence of Innovation on the Performance of Small and Medium-Scale Enterprises in Kogi State

Ernest¹,

Sule²

2020

Journal of Asian Business Strategy

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The main aim of the study was to investigate the influence of innovation on the performance of Small and Medium-Scale Enterprises in Kogi State, Nigeria. The study examined the significant effects of the dimensions of innovation on the sales growth of SMEs in Kogi State. The study used survey research design. The sample size of 384 was drawn. All data collected were analyzed using descriptive statistics and Multiple Regression Model. Finding shows that market and process innovations have weak linear effects on the sales growth of SMEs in Kogi State. Only product innovation has strong effect on the sales growth of SMEs in Kogi State. The study concluded that innovation is a necessary obligation for SMEs existence today. The study recommended that SME owners should undertake or invest more in market innovation rather than process innovation and product innovation to achieve sales growth in Kogi State. Contribution/ Originality:This study is the first to investigate the dimensions of innovation against the performance of SMEs in Kogi State, Nigeria.consumer"s changing taste/needs and short-lived product lifecycles are few other factors affecting SMEs. Ukpabio, Oyebisi, and Siyanbola (2018) added that "Nigerian SMEs are faced with numerous challenges such as inadequate and non-functional infrastructural facilities, bureaucratic bottlenecks and inefficiency in the administration of incentives and support facilities, lack of easy access to funds/credits, uneven competition arising from import tariffs, lack of access to appropriate technology, absence of R&D, high dependence on imported raw materials, lack of scientific and technological knowledge, lack of appropriate managerial and entrepreneurial skills and lack of suitable training and development, fluctuating value of the Naira, government policies and political consideration". These among others are great challenges for SMEs in Kogi State. It thus becomes very significant for SMEs to achieve increased performance to remain a going concern in the business environment of Kogi State.

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The effect of innovation practices on agribusiness performance: A structural equation modelling (SEM) approach

Cited by 8 publications

References 33 publications

Evaluation Model and Empirical Research on the Green Innovation Capability of Manufacturing Enterprises from the Perspective of Ecological Niche

Evaluation Model and Empirical Research on the Green Innovation Capability of Manufacturing Enterprises from the Perspective of Ecological Niche

Factors influencing technological innovation among agribusiness firms: A survey of small agricultural businesses in Ghana.

Influence of Innovation on the Performance of Small and Medium-Scale Enterprises in Kogi State

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