The Relationship between Innovation and Firm Performance: An Empirical Evidence from Turkish Automotive Supplier Industry

Atalay, Murat; Anafarta, Nilgün; Sarvan, Fulya

doi:10.1016/j.sbspro.2013.04.026

Cited by 324 publications

(309 citation statements)

References 39 publications

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“…This finding illustrates the importance of TI, since it is only through innovation of products and processes that the surveyed family SMEs can capitalize on the opportunities provided by technology and IC. This finding supports earlier contributions to the SME literature addressing the impact of TI on performance (Pett and Wolff 2009;Atalay et al 2013).…”

Section: Discussionsupporting

confidence: 90%

“…In the existing literature, product and process innovation, specifically TI, has been proven to have a significantly positive impact on financial performance. Hence, firms are well-advised to place special emphasis on TI as it can be a major source of sustained competitive advantage (Atalay et al 2013). Of specific interest in the context of this study is also the influence of family involvement on the TI-performance relationship.…”

Section: Hypotheses Developmentmentioning

confidence: 99%

“…Specifically, product innovation is found to enhance SME growth (Pett and Wolff 2009). Another contribution in this regard can be found in Atalay et al (2013), who studied the impact of different types of innovation, including TI and MI, on the financial performance of Turkish automotive suppliers, which is seen as one of the most innovative industries in Turkey. In the existing literature, product and process innovation, specifically TI, has been proven to have a significantly positive impact on financial performance.…”

Section: Hypotheses Developmentmentioning

confidence: 99%

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Disentangling antecedents and performance effects of family SME innovation: A knowledge-based perspective

Kallmuenzer

Scholl-Grissemann

2017

Int Entrep Manag J

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Understanding how family small and medium-sized enterprises (SMEs) seize opportunities for innovation and thus achieve superior performance is of substantial interest to family firm managers and academia. This paper develops a conceptual framework of antecedents that include resources internal and external to the firm in the two major dimensions of technological innovation (TI) and management innovation (MI) and their effects on financial performance. The framework is empirically tested with survey data from 152 manufacturing family SMEs in the D-A-CH countries, which comprise Germany (D), Austria (A) and Switzerland (CH). Drawing on the knowledge-based view, the results highlight the central role of firm-external knowledge for family firm innovation, which is inherent in an industry's technological opportunities and interorganizational collaboration. Furthermore, results show that it is only through technological innovation that family firms can capitalize on innovation. Finally, management innovation is still observed to constitute a vital complement for technological innovation in that it is an enabler for innovation in products and processes. Recommendations for practice include the need for technological innovation, openness toward collaborations with external partners and receptiveness to knowledge from external sources.

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Section: Discussionsupporting

confidence: 90%

Section: Hypotheses Developmentmentioning

confidence: 99%

Section: Hypotheses Developmentmentioning

confidence: 99%

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Disentangling antecedents and performance effects of family SME innovation: A knowledge-based perspective

Kallmuenzer

Scholl-Grissemann

2017

Int Entrep Manag J

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“…)(see Geldes et al, 2016). Innovation is the most important factor in maintaining a competitive advantage because innovation can improve the product and the production process, enabling businesses to survive in a changing environment (see Atalaya et al, 2013). Joseph Schumpeter, founder of modern innovation theory, argues that innovation is a reorganization of factors of production (industry, market share, technology opportunities, etc.).…”

Section: Theoretical and Conceptual Backgroundmentioning

confidence: 99%

Innovation Performance Research On China's New Generation Information Technology Industry in the Digital Economy Context

Huang¹,

Gao²

2017

Proceedings of the International Conference on Transformations and Innovations in Management

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Under the background of digital economy, China's new generation of information technology industry is developing rapidly. The main purpose of our study is to explore the influencing factors of innovation performance of this industry. From a microcosmic point of view, this paper takes domestic listed companies belonging to the industry as samples. By drawing on the analytical framework of CDM model, this paper is to carry out an empirical research to analyze the relationship between innovation input, innovation output and innovation performance. The results show that there is a significantly positive correlation between R&D investment and the gross profit margin of enterprise product sales (an estimator for innovation output). The positive effect of innovation output (measured by gross profit margin of enterprise product sales) on innovation performance (measured by labor productivity) is significant. In addition, it also reveals that the enterprise's innovation performance is also influenced by per capita investment in fixed assets, turnover rate of fixed asset, employee quality, government support, spillover effect, etc. But industrial effect and industry-university-research cooperation have no significant impact on enterprise's innovation performance.

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“…By this definition, different types of innovation were established, including product (good or service), process, organizational, and marketing innovation. In view of that, this empirical research investigates the five most employed innovative types: product innovation and process innovation, as well as, service innovation, administrative innovation, and marketing innovation: 1) Product innovation: Referred to a new brand introduction to the market or the modification of existing brands (Atalay et al, 2013). 2) Process innovation: The introduction of new or improved approaches in production and delivery (Lin & Chen, 2007).…”

Section: Innovation Capabilitiesmentioning

confidence: 99%

Innovation`s effect on brand equity: Insights from medical tourists

Shriedeh

Ghani

2016

JABS

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A market-innovative firm is presumed to have superior customerlinking values, which, in turn, is likely to lead fulfillment of superior subjective brand performance in comparison with non-innovative firms. However, empirical evidence for the argument prior knowledge is weak. Therefore, this study examines the influence of innovation capabilities on brand equity building in the medical tourism sector in Jordan. Accordingly, 384 questionnaires were systematic randomly distributed to treated medical tourists at five largest private hospitals in Amman city. Only, 306 questionnaires were used for data analysis. The findings showed that innovation contributes significantly to brand equity building. More specifically, product innovation, process innovation, and service innovation positively and significantly enhance overall brand equity. Meanwhile, administrative innovation and marketing innovation insignificantly affect overall brand equity.

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The Relationship between Innovation and Firm Performance: An Empirical Evidence from Turkish Automotive Supplier Industry

Cited by 324 publications

References 39 publications

Disentangling antecedents and performance effects of family SME innovation: A knowledge-based perspective

Disentangling antecedents and performance effects of family SME innovation: A knowledge-based perspective

Innovation Performance Research On China's New Generation Information Technology Industry in the Digital Economy Context

Innovation`s effect on brand equity: Insights from medical tourists

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