Combining Technological and Management Innovations: Empirical Evidence of a Premium Effect
Francisca Sempere-Ripoll (),
José-Luis Hervás-Oliver () and
Marta Peris-Ortiz ()
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Francisca Sempere-Ripoll: Universitat Politècnica de València
José-Luis Hervás-Oliver: Universitat Politècnica de València
Marta Peris-Ortiz: Universitat Politècnica de València
Chapter Chapter 2 in Management Innovation, 2014, pp 19-28 from Springer
Abstract:
Abstract This paper determines the performance consequences of the joint adoption of organizational and technological innovations. Using CIS data to analyse 2,837 technological innovators, it is empirically demonstrated that a firm’s co-adoption strategy leads to a premium technological performance thanks to the extra synergistic effects, or the generation of complementarities. Firms co-adopting outperform those adopting solely technological innovations. Therefore, the combination of technical and non-technical competencies, and the integration of a socio-technical system, creates exceptional innovation capabilities. The strategic adoption of solely technological innovation is not enough: in order to leverage the performance of technological innovation it should be integrated into the organization.
Keywords: Technological Innovation; Management Innovation; Organizational Innovation; Innovation Mode; Oslo Manual (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-319-03134-7_2
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DOI: 10.1007/978-3-319-03134-7_2
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