Interactive and synergistic relationships among different types of innovations

被引:3
作者
Whang, Jeong-Bin [1 ]
Chang, Woojung [2 ]
Lee, Jong-Ho [1 ]
机构
[1] Korea Univ, Business Sch, Seoul, South Korea
[2] Univ Seoul, Coll Business Adm, Seoul 02504, South Korea
关键词
Innovation; Interactive and synergistic relationships; Firm performance; QUALITY MANAGEMENT-PRACTICES; RADICAL PRODUCT INNOVATION; FINANCIAL PERFORMANCE; DYNAMIC CAPABILITIES; ANTECEDENTS; RESOURCES; KNOWLEDGE; SERVICES;
D O I
10.1016/j.jretconser.2023.103422
中图分类号
F [经济];
学科分类号
02 ;
摘要
The coronavirus (COVID-19) pandemic has not only led to rapid innovation but also shortened the innovation cycle. By comparing the manufacturing and service industries, this study investigated the controversial rela-tionship between product and process innovation from a long-term perspective and examined the synergistic effects of diverse types of innovation on firm performance. Recent five-year Korean Innovation Survey data showed that product and process innovation had interrelationships rather than a one-way sequential relation-ship. Furthermore, the four different innovation activities have synergistic effects on the firms' financial performance.
引用
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页数:8
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