TY - CHAP
T1 - An Exploration of the Influence of Innovations on Organizational Performance
T2 - A Dynamic Capabilities Perspective
AU - Matopoulos, Aristides
AU - Aktas, Emel
PY - 2022
Y1 - 2022
N2 - This research explores the impact of dynamic innovation capabilities on firm performance, investigating how alliances and networks improve the focal firm’s capabilities. We examine four innovation capabilities and their effect on profitability, performance, and growth of companies in the food industry. Drawing on the extant literature on innovation and dynamic capabilities theory, we develop six hypotheses to explain the relationship between different innovation capabilities and firm performance. We test the proposed research model and hypotheses using partial least squares structural equation modeling (PLS-SEM) with primary data from the food industry in Greece. Results indicate that dynamic innovation capabilities play a crucial role in improving profitability, growth, and overall firm performance through ordinary innovation capabilities. This study provides critical insights into innovation capabilities in the food industry. These insights are significant because prior studies have not investigated the relative effects of different innovation capabilities on profitability, growth, and overall firm performance, particularly the interrelationships between dynamic and ordinary innovation capabilities. The generalization of the study results may be limited due to the sample size.
AB - This research explores the impact of dynamic innovation capabilities on firm performance, investigating how alliances and networks improve the focal firm’s capabilities. We examine four innovation capabilities and their effect on profitability, performance, and growth of companies in the food industry. Drawing on the extant literature on innovation and dynamic capabilities theory, we develop six hypotheses to explain the relationship between different innovation capabilities and firm performance. We test the proposed research model and hypotheses using partial least squares structural equation modeling (PLS-SEM) with primary data from the food industry in Greece. Results indicate that dynamic innovation capabilities play a crucial role in improving profitability, growth, and overall firm performance through ordinary innovation capabilities. This study provides critical insights into innovation capabilities in the food industry. These insights are significant because prior studies have not investigated the relative effects of different innovation capabilities on profitability, growth, and overall firm performance, particularly the interrelationships between dynamic and ordinary innovation capabilities. The generalization of the study results may be limited due to the sample size.
KW - Dynamic Capabilities
KW - Food industry
KW - Greece
KW - Innovation
KW - PLS-SEM
UR - http://www.scopus.com/inward/record.url?scp=85133198068&partnerID=8YFLogxK
UR - https://link.springer.com/chapter/10.1007/978-3-030-91851-4_9
U2 - 10.1007/978-3-030-91851-4_9
DO - 10.1007/978-3-030-91851-4_9
M3 - Chapter
AN - SCOPUS:85133198068
SN - 978-3-030-91850-7
T3 - International Series in Operations Research and Management Science
SP - 233
EP - 260
BT - International Series in Operations Research and Management Science
A2 - Topcu, Y.I.
A2 - Önsel Ekici, Ş.
A2 - Kabak, Ö.
A2 - Aktas, E.
A2 - Özaydın, Ö.
ER -