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Enhancing Firm Performance Through Adoption of Innovation: an Empirical Evidence from Indian Biotechnological Firms
Journal of the Knowledge Economy ( IF 1.815 ) Pub Date : 2021-07-14 , DOI: 10.1007/s13132-021-00821-x
Aishwarya Narayan 1 , Sumukh Hungund 2
Affiliation  

This paper explores the influence of innovation approaches on innovation performance and firm performance among Indian biotechnology firms. Further, it aims to discuss the interceding role of innovation performance between innovation practices and firm performance. A criteria-based snowball sampling method was adopted for data collection. The collection of data was carried out using a web survey from 200 biotechnology firms located across India. The data is analysed using a covariance-based structural equation modelling (SEM) technique. The results indicate that the adoption of innovation practices positively influences the firms’ innovation and overall performance. Furthermore, the results confirm the mediating role of innovation performance between innovation approach adoption and firm performance. Firms, particularly from the biotechnology industry, can use these results to assess their performance and formulate or modify their strategy to improve their innovation and overall performance.



中文翻译:

通过采用创新提高公司绩效:来自印度生物技术公司的实证证据

本文探讨了创新方法对印度生物技术公司创新绩效和企业绩效的影响。此外,它旨在讨论创新绩效在创新实践和企业绩效之间的中介作用。采用基于标准的雪球抽样方法进行数据收集。数据收集是使用来自印度各地 200 家生物技术公司的网络调查进行的。使用基于协方差的结构方程建模 (SEM) 技术分析数据。结果表明,采用创新实践对公司的创新和整体绩效产生积极影响。此外,结果证实了创新绩效在创新方法采用和公司绩效之间的中介作用。公司,

更新日期:2021-07-14
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