Purpose: The literature prescribing important determinants of new product development success can be grouped into six main areas addressing organization culture, strategic leadership, competitive i...

An Expanded Model of Success Factors for NPD Performance

Innovation is key to achieving a competitive advantage. In a bid to achieve competitive advantage, companies have considered different types of innovation. Each firm establishes its own competitive niche depending on the conditions that allow it to be productive within that specific niche. Process innovations have emerged as some of the key competitive fronts for many firms including the telecommunications industry. This paper focuses on establishing the effect of process innovation on the competitive advantage of the telecommunication industry in Kenya. The study adopted a descriptive research design using a sample size of 26 active telecommunications companies in Kenya. The respondents were mid and top-level managers. The linear regression model showed process innovation statistically affects the competitive advantage of telecommunication companies in Kenya (β = .302t = 4.952, p<.05). The study recommends telecommunication companies to design processes that provide optimum returns and use disruptive technology to design innovative processes.

/pdf/process-innovation-and-competitive-advantage-in-1a738ykf88.pdf

Process Innovation and Competitive Advantage in Telecommunication Companies

The innovation literature is rich and diverse spanning across numerous disciplines to generate multiple diverse findings. This integrative study summarizes the literature to create a novel macro-model comprised of the six elements of climate, culture, structure, leadership, management and environment. The model has utility for academics and practitioners when developing an assessment of an organization’s innovation process and understanding the vital elements impacting on this process.

The Vital Elements of Organizational Innovation

The literature has two different perspectives on which innovation types should be implemented to achieve innovation performance; some argue that they should pursue process-oriented innovation, while others maintain that both product- and process-oriented innovation should be performed. Though innovation efficiency should be measured, which takes both input and output variables into account, the research so far has been measured only with the performance of the innovation. Accordingly, this study identifies which innovation type is the most advantageous in terms of innovation efficiency for the chemical firms. We use data of 64 Korean chemical companies from a 2016 Korean innovation survey and perform data envelopment analysis to calculate innovation efficiency. Kruskal–Wallis one-way ANOVA and bootstrap DEA were also conducted to compare the difference of innovation efficiency among groups, depending on which innovation types are oriented. The result shows that focusing on process innovation rather than both product and process innovation is more appropriate to achieve higher innovation efficiency, and pursuing process innovation rather than product innovation tends to achieve a higher level of innovation efficiency in the Korean chemical industry.

https://www.mdpi.com/2227-9717/7/10/643/pdf

What Is the Right Innovation Type for Your Industry? Evidence from Chemical Firms in Korea

The business environment of today is complex and dynamic due to increasing global competition. The businessman needs to master and know all the information that has strategic value, and Competitive Intelligence is positioned as the most appropriate tool to achieve this goal. In recent decades, research and publications related to Competitive Intelligence have been increasing, although the military heritage of this field of research and the association with large corporations has meant that the literature is still at an early phase of development and specialisation. This paper analyses scientific articles on Competitive Intelligence from journals in the Web of Science database between 1985 and 2021. The main objective of this research has been to detect the topics that have been most related to Competitive Intelligence. The 589 papers analysed indicate that interest in this topic is relatively recent and that the most central topic in the sample is Innovation. The bibliometric analysis carried out indicates that Competitive Intelligence is closely linked to innovation processes in companies, facilitating its development. Furthermore, it highlights the importance that business management, together with the promotion of absorptive capacity and alignment around Competitive Intelligence will allow companies to improve their competitive advantages, as well as greater success with new products. Little research was found on aspects related to small and medium-sized enterprises and patents in relation to Competitive Intelligence. This research aims to show which are the most researched topics in relation to Competitive Intelligence, so that it can serve as support for future research, as well as for company managers in making decisions in relation to this topic.

Innovation and Competitive Intelligence in Business. A Bibliometric Analysis

Purpose: Important determinants of new product development success fall into five main areas encompassing strategic leadership, competitive intelligence, management of technology, specific characte...

Empirically Testing Factors Increasing Manufacturing Product Innovation Success

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Empirically Testing Factors Increasing Manufacturing Product Innovation Success