Motivating business towards innovation: A panel data study using dynamic capability framework

Kamran Hameed, Noman Arshed, Naveed Yazdani and Mubbasher Munir

Technology in Society, 2021, vol. 65, issue C

Abstract: National strategic dynamic capabilities refer to the nations' ability to acquire, develop, and transfer national resources into innovation. This would help provoke firms and individuals’ capabilities to sense and seize to expedite innovative performance transformation. This study suggests that through the dynamic capabilities (DC) framework, the government can increase Innovation by channelizing the economic innovation system indicators. Macroeconomic indicators from 62 countries were taken to assess the significance of indicator-based dynamic capabilities model. The results confirm that sensing and seizing indices motivate Innovation, while the cost of business negatively moderates sensing. This model suggests that governments can motivate Innovation by exploring the indicators which are determining the sensing and seizing environment of decision-makers in businesses.

Keywords: Knowledge economy; Knowledge management; National innovation policy; Panel moderator model (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:teinso:v:65:y:2021:i:c:s0160791x21000567

DOI: 10.1016/j.techsoc.2021.101581

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