Technological and non-technological innovation effects on firm performance

被引:12
|
作者
Siriram R. [1 ]
机构
[1] Department of Mechanical, Industrial and Aeronautical Engineering, University of Witwatersrand, Johannesburg
来源
关键词
Collaboration; Culture and climate; Firm performance; Innovation; New product development; Strategy and leadership;
D O I
10.1016/j.hitech.2022.100429
中图分类号
学科分类号
摘要
The effects of technological and non-technological innovation affecting firm performance are investigated. Technological innovation involves new product development, while non-technological innovation involves strategy and leadership, culture and climate, innovation and collaboration, and organizational and environmental evolution. 342 firms participated in the research; thirteen hypotheses are tested; eleven are significant. Demographic analyses on job roles, firm types, industry groupings and firm size are also conducted. The majority of the demographic factors were not significant. However a small number of significant results are confirmed. Structural equation modelling is used to test the model. Important lessons for managers and future research areas are suggested. © 2022 Elsevier Inc.
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