Internationalization impacts on team innovation in Lithuanian high-tech firms
Mindaugas Laužikas (mindaugas.lauzikas@gmail.com),
Aistė Miliūtė (aiste_miliute@yahoo.com) and
Mukhammad Khalili
Additional contact information
Mindaugas Laužikas: GILE Experts Limited, Vilnius University [Vilnius]
Aistė Miliūtė: Vilnius University [Vilnius]
Mukhammad Khalili: Vilnius University [Vilnius]
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Abstract:
Given a well-established literature on internationalization processes and its main impacts on companies' performance (Begeny, 2018; Bužavaitė et al., 2019), it is worth examining how internationalization affects companies, driven by innovation at three different levels (individual, team and organizational) which is anchored in three main pillars: effectiveness, creativity and efficiency. The first pillar is related to strategic decision-making and business intelligence (along with data collection and analysis; setting efficiency criteria, strategic goals and outputs, as well as the tactics for each criteria). The second pillar covers a set of internationalization-related aspects, such as creative ideas generation, marketing and communications strategies, HR and R&D culture, leadership and talent development; while the third pillar is liaised with monitoring and execution of innovative activities. In line with studies with regard to innovation processes (Szopik-Depczyńska, 2015; Gries et al., 2017; Von Schomberg and Blok, 2018), the present paper continues examining the innovation performance; however, the main focus is on team innovation performance or the ways of unlocking the internationalization potential within team innovation processes via a set of aspects, such as effective decision-making, creative and divergent thinking, and efficient execution in teams. In light of the emergence of modern technology, employees of Lithuanian high-tech companies were selected for a quantitative survey, while scrutinizing the liaison between team internationalization and innovation commercialization success. Having the primary quantitative data (related to internationalization level, creative thinking, innovation performance in high-tech respondents' teams) collected and analysed, further on, the innovation performance improvement suggestions are provided for the leaders of high-tech international teams.
Keywords: internationalization; technologies; impacts; team innovation; high-tech; commercialization; creativity; effectiveness; efficiency (search for similar items in EconPapers)
Date: 2021-03-30
New Economics Papers: this item is included in nep-cse and nep-sbm
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Published in Insights into Regional Development, 2021, 3 (1), pp.41 - 64. ⟨10.9770/ird.2021.3.1(3)⟩
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03583752
DOI: 10.9770/ird.2021.3.1(3)
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