INNOVATION AND PERFORMANCE MANAGEMENT: MAPPING THE RESEARCH LANDSCAPE USING BIBLIOMETRIC ANALYSIS

Andra-Teodora Gorski
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Andra-Teodora Gorski: Lucian Blaga University of Sibiu

Revista Economica, 2024, vol. 76, issue 1, 45-58

Abstract: Innovation serves different strategic purposes and is crucial for enhancing organizational performance in order to gain or to maintain a sustainable competitive advantage. By broadening the innovation ecosystem through collaboration with external partners, customers, and other stakeholders, organisations can share ideas, technologies, and resources. This paper aims to examine the interrelationships between performance management, innovation, and the multifaceted nature of different drivers, with a focus on their collective impact on organisational outcomes. The research methodology employed a bibliometric analysis based on the search on the Web of Science core collection. The resulted documents in English were exported and further processed with the aid of the SciMAT software to explore the evolution and interrelationship between these concepts and other keywords. According to the research results, innovation is closely linked with other keywords including performance management, human resource management (HRM), sustainability, governance, environmental performance, supply chain management and others. Technological innovation, product development, and organisational capabilities were also found by the research to have a significant interconnection. This highlights innovation as a crucial competency for enhancing firm performance and meeting market demands. Furthermore, research identifies transformational leadership as a critical factor in this process. This leadership style has been found to significantly boost employee motivation, thereby influencing innovation performance in a positive manner. To achieve sustainable growth, organizations should prioritize their innovation capabilities, foster a culture of creativity, and integrate innovation with performance management.

Keywords: Driver; Innovation; Mediating Role; Performance Management; Transformational Leadership (search for similar items in EconPapers)
JEL-codes: C55 L25 M10 O30 Q56 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:blg:reveco:v:76:y:2024:i:1:p:45-58

DOI: 10.56043/reveco-2024-0005

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