Towards A Deeper Understanding of the Relationship between Structural Reconfiguration Capacity, Technological and Non-technological innovations, and Firm Performance

Autor: My-Linh Tran, Hue Trinh Hoang Hong, Huy Cuong Vo Thai
Rok vydání: 2022
Předmět:
Zdroj: The International Journal of Entrepreneurship and Innovation. :146575032211367
ISSN: 2043-6882
1465-7503
DOI: 10.1177/14657503221136703
Popis: Small and medium-sized manufacturing enterprises, the backbone of the Southeast Asian economy, are struggling to operate and maintain profitable growth in the face of the COVID-19 epidemic. During the recovery process, technological and non-technological innovation is a major factor in enterprise efficiency and profitability. However, it is unclear what drives manufacturing enterprises to innovate in technological and non-technological approaches and how they choose to implement innovation to keep their businesses growing and successful. Therefore, to answer this issue, this research develops and empirically tests a model based on dynamic capabilities and innovative perspectives utilizing World Bank Enterprise Survey data from 789 manufacturing enterprises in Southeast Asian countries. The hierarchical regression model assists create prediction equations to test technological and non-technological innovation as the mediators of structural reconfiguration and innovation investment on firm performance. The results reveal that structural reconfiguration and innovation investment impact technological and non-technological innovation. Additionally, structural addition and investment in formal R&D have a moderated impact on technological innovation. Finally, firm performance may be boosted by organizational innovation.
Databáze: OpenAIRE