THE CHALLENGES OF STRATEGIC INNOVATION: ACHIEVING OPERATIONAL EFFECTIVENESS IN DEVELOPING COUNTRIES

Thomas Tegethoff, Ricardo Santa (), Isabelle Schluep (), Diego Fernando Morante () and Martha Lucia Cruz ()
Additional contact information
Thomas Tegethoff: Universidad ICESI, Colombia, USA
Ricardo Santa: Universidad ICESI, Colombia, USA
Isabelle Schluep: #x2020;University of Zurich, Switzerland
Diego Fernando Morante: #x2021;Escuela Militar de Aviación - EMAVI, Colombia, USA
Martha Lucia Cruz: Universidad ICESI, Colombia, USA

International Journal of Innovation Management (ijim), 2021, vol. 25, issue 03, 1-24

Abstract: Organisations are spending substantial resources on implementing product and process innovations. It is, therefore, important to evaluate if the implementation of those innovations substantially improves the effectiveness of business operations, meets the organisation’s expectations, and gains a sustainable competitive advantage.Quantitative data from 250 questionnaires were analysed using structural equation modelling. Respondents were selected from several industries in Colombia. Initial findings suggest that strategies have an indirect impact on operational effectiveness through the success of the organisational learning process. However, the organisations investigated lack the appropriate application of linkages and process innovation to achieve operational effectiveness and, therefore, sustainable competitiveness.The paper offers useful insights for organisations when implementing innovation initiatives. It also provides information for Colombian Government institutions on developing mechanisms, economic policy strategies, and business support services for enhancing the economic and commercial viability of Colombian companies in the manufacturing and service sectors. The studied organisations need to redefine the role of linkages and process innovation to complement organisational learning, as all the three dimensions together are required to foster operational effectiveness.

Keywords: Innovation; strategy; operational effectiveness (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S1363919621500316
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:ijimxx:v:25:y:2021:i:03:n:s1363919621500316

Ordering information: This journal article can be ordered from

DOI: 10.1142/S1363919621500316

Access Statistics for this article

International Journal of Innovation Management (ijim) is currently edited by Joe Tidd

More articles in International Journal of Innovation Management (ijim) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().