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The potential link between corporate innovations and corporate competitiveness: evidence from IT firms in the UK
Journal of Knowledge Management ( IF 8.689 ) Pub Date : 2020-06-05 , DOI: 10.1108/jkm-10-2019-0590
Arun Sukumar , Vahid Jafari-Sadeghi , Alexeis Garcia-Perez , Dev K. Dutta

The purpose of this paper is to provide a thorough empirical investigation of the potential link between corporate innovations and corporate competitiveness in the context of the UK IT industry.,This research uses a panel of 216 UK IT firms for the period from 2000 to 2016. The sample data for this study were extracted from the Worldscope, extracted from the Datastream database from Thomson Reuters. For the analysis of the data, the generalised method of moments model is applied.,The results of this study provide empirical evidence that there exists a strong, positive link between corporate innovations and corporate competitiveness. Such evidence further reinforces the common view in the current literature of strategic management that because of the nature of their business, firms in the IT industry need to enhance their innovative capacities on a continual basis because of their critical role on these firms’ success and survival. Also, it is found that when the proxies for corporate innovations are lagged by two periods, their impact on corporate competitiveness becomes relatively more significant. However, when they are further lagged, i.e. by three periods, such an impact turns out to be relatively less pronounced.,The data gathered for this paper was restricted to IT-oriented firms in the UK. Using a secondary database (Datastream), the paper considered the period of 2000-2016.,The research makes a significant contribution to the current debate on the relationship between information technology, innovation and performance, referred to in the literature as the productivity paradox, by studying the problem in the IT industry. It supports organisations from the sector in their efforts to deal with the dynamic nature of technological innovations and of the context where they operate. Methodologically, the way the study has measured the concepts of innovation and performance and the lessons learned from their analysis has also brought value to the research.

中文翻译:

企业创新与企业竞争力之间的潜在联系:来自英国IT公司的证据

本文的目的是对英国IT行业背景下企业创新与企业竞争力之间的潜在联系进行全面的实证研究。本研究使用2000年至2016年期间由216家英国IT公司组成的小组。本研究的样本数据来自Worldscope,来自汤森路透的Datastream数据库。为了对数据进行分析,使用了广义矩模型。研究结果提供了经验证据,表明企业创新与企业竞争力之间存在着紧密的,积极的联系。这些证据进一步强化了当前战略管理文献的普遍观点,即由于其业务性质,IT行业的公司由于它们对这些公司的成功和生存至关重要,因此需要不断提高其创新能力。此外,发现当企业创新的代理滞后两个时期时,它们对企业竞争力的影响就变得相对更大。但是,当它们进一步滞后时(即三个时期),这种影响相对来说就不那么明显了。本文收集的数据仅限于英国的IT导向型公司。本文使用二级数据库(Datastream),考虑了2000年至2016年的时间。该研究为当前有关信息技术,创新与绩效之间关系的争论做出了重大贡献,在文献中称为生产力悖论,通过研究IT行业中的问题。它支持该行业的组织努力应对技术创新的动态性质及其运作的环境。从方法上讲,本研究测量创新和绩效概念的方式以及从其分析中学到的经验教训也为该研究带来了价值。
更新日期:2020-06-05
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