Enhancing Innovation Capabilities: The Role of Market Orientation and Collaboration in Guangdong's IoT Sector
Jin Li
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Jin Li: Centre of Postgraduate Studies, Asia Metropolitan University (AMU), Malaysia.
International Journal of Science and Business, 2024, vol. 38, issue 1, 99-119
Abstract:
This study investigates the impact of market orientation and collaboration with supply chain members on product innovation performance in Guangdong IoT companies. Empirical analysis reveals that both dominant and reactive market orientations positively influence collaboration with supply chain members and product innovation performance. The study identifies three dimensions of innovation competency—strategic collaboration, research and development collaboration, and marketing collaboration—and highlights their mediating role in the relationship between market orientation and product innovation performance. Moreover, environmental turbulence moderates the impact of market orientation on product innovation performance, emphasizing the importance of aligning market strategies with external conditions. These findings contribute to theoretical understanding and offer practical insights for Guangdong IoT companies to enhance their innovation capabilities and drive product innovation in dynamic market environments.
Keywords: Market orientation; Collaboration; Supply chain; Innovation performance; IoT; Environmental turbulence. (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:aif:journl:v:38:y:2024:i:1:p:99-119
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