The consequences of innovation failure: An innovation capabilities and dynamic capabilities perspective
Sheshadri Chatterjee,
Ranjan Chaudhuri,
Marcello Mariani and
Samuel Fosso Wamba
Technovation, 2023, vol. 128, issue C
Abstract:
Organizations engage with innovation by leveraging their innovation capabilities and dynamic capabilities. In this study, we examined how organizational innovation capabilities and dynamic capabilities can influence organizational performance, taking into account cases when innovation projects do not yield beneficial outcomes to organizations. Building on the dynamic capability view and the notion of innovation capability, we developed a conceptual model and subsequently validated it by conducting a survey on a sample of organizations across multiple manufacturing and service industries that are based in India. By applying PLS-SEM, we found that different contextual factors including commercial viability and technological feasibility play a critical role towards innovation failure and success. In its turn, innovation failure negatively influences organizational performance.
Keywords: Innovation failure; Innovation capability; Commercial viability; Technological feasibility; Consequences; Performance (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:techno:v:128:y:2023:i:c:s0166497223001694
DOI: 10.1016/j.technovation.2023.102858
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