Innovation Objectives, Strategies and Firm Performance: A Study of Emerging Market Firms

Aniruddha ()
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Aniruddha: Indian Institute of Management

A chapter in Driving the Economy through Innovation and Entrepreneurship, 2013, pp 3-12 from Springer

Abstract: Abstract Emerging market firms pursue multiple innovation objectives to counter the effects of environmental complexity and uncertainty. The innovation objectives so selected define the innovation strategy adopted by the firm. Innovation strategies however are characterised by innovation objective trade-offs based on a collection of positively and negatively impacted objectives. The research identifies the various trade-off baskets for each innovation strategy and the impact of these strategies on the innovation performance of the firm. Firms can accordingly balance the positively and negatively impacted objectives by carefully selecting a suitable strategy and achieve superior innovation performance.

Keywords: Innovation Performance; Domestic Firm; Innovation Strategy; Innovation Capability; Business Model Innovation (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-81-322-0746-7_1

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DOI: 10.1007/978-81-322-0746-7_1

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