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The relationships between firm's strategy, resources and innovation performance: resources-based view perspective

The relationships between firm's strategy, resources and innovation performance: resources-based view perspective

Laosirihongthong, Tritos, Prajogo, Daniel I. and Adebanjo, Dotun ORCID: 0000-0003-4845-9411 (2014) The relationships between firm's strategy, resources and innovation performance: resources-based view perspective. Production Planning & Control: The Management of Operations, 25 (15). pp. 1231-1246. ISSN 0953-7287 (Print), 1366-5871 (Online) (doi:https://doi.org/10.1080/09537287.2013.819593)

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Abstract

Besides basic competitive priority (quality, cost, delivery and flexibility), innovation has been recognised as one of the primary sources of competitive advantage for manufacturing industry to compete in global markets. This paper, therefore, presents an empirical study on the relationship between firm strategy, resources and innovation performance. Drawing from the grounded theory of resource-based view, and using 218 responses from Thai production/operation managers, this paper shows that differentiation strategy had a positive relationship with both internal capital or internal resources (represented by knowledge and creativity management) and networks capital or external resources (represented by customer and supplier network). The findings also revealed that only internal capital had a positive effect on innovation performance. Finally, contributions to industry practitioner, academia and national agency in supporting and promoting innovation are presented.

Item Type: Article
Additional Information: This is an Accepted Manuscript of an article published by Taylor & Francis Group in Production Planning & Control: The Management of Operationson 02/09/2014, available online: http://dx.doi.org/10.1080/09537287.2013.819593
Uncontrolled Keywords: innovation, strategy, resources, performance
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HF Commerce
Faculty / Department / Research Group: Faculty of Business > Department of Systems Management & Strategy
Last Modified: 14 Oct 2016 09:25
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
Selected for GREAT 2019: None
URI: http://gala.gre.ac.uk/id/eprint/10702

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