Innovation of the firm: How to create performance from capability

Based on the competitive advantage theory and resource-based theory of the firm, this paper examines the impact of innovation capacity on innovation performance of the tourism industry. Innovation capability is defined as the firm's ability to reconfigure and develop their resources and organiz...

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Những tác giả chính: Trinh, Thuy Anh, Nguyen, Ngoc Thong
Định dạng: Bài viết
Ngôn ngữ:English
Được phát hành: University of Economics Ho Chi Minh City 2023
Truy cập trực tuyến:http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=2d3a56a9-06f8-230c-5aaa-2b41c204d470
https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115559
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spelling oai:scholar.dlu.edu.vn:DLU123456789-1155592023-03-08T03:57:09Z Innovation of the firm: How to create performance from capability Trinh, Thuy Anh Nguyen, Ngoc Thong Based on the competitive advantage theory and resource-based theory of the firm, this paper examines the impact of innovation capacity on innovation performance of the tourism industry. Innovation capability is defined as the firm's ability to reconfigure and develop their resources and organizational capabilities to innovate. Innovation capability is measured by four components: sensing capability (SC), combination capability (CC), networking capability (NC), and learning capability (LC). Innovation performance is achievement or success of innovation made by a firm in accordance with the target, described by the three components: internal performance (IP), commercial performance (CP), and social performance (SP). The results of Multiple Regression Analysis (MRA) applied to a sample of 242 directors and CEOs of travel agents in a list of Ho Chi Minh City Tourism Association (HTA) and Ho Chi Minh City Department of Tourism show that three (SC, CC, NC) among four components (SC, CC, NC, LC) of innovation capabilities have effects on innovation performance. However, the application of fuzzy set theory in the fuzzy-set qualitative comparative analysis indicates that learning capability does not have any impact on firms’ innovation performance. A combination of learning capability and networking capability, nevertheless, creates sufficient conditions for innovation performance. 2023-03-08T03:57:09Z 2023-03-08T03:57:09Z 2017 Article 2615-9112 http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=2d3a56a9-06f8-230c-5aaa-2b41c204d470 https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115559 10.24311/jabes/2017.24.4.4 en Journal of Asian Business and Economic Studies, Volume 24, Issue 04; p. 64-84 application/pdf University of Economics Ho Chi Minh City
institution Thư viện Trường Đại học Đà Lạt
collection Thư viện số
language English
description Based on the competitive advantage theory and resource-based theory of the firm, this paper examines the impact of innovation capacity on innovation performance of the tourism industry. Innovation capability is defined as the firm's ability to reconfigure and develop their resources and organizational capabilities to innovate. Innovation capability is measured by four components: sensing capability (SC), combination capability (CC), networking capability (NC), and learning capability (LC). Innovation performance is achievement or success of innovation made by a firm in accordance with the target, described by the three components: internal performance (IP), commercial performance (CP), and social performance (SP). The results of Multiple Regression Analysis (MRA) applied to a sample of 242 directors and CEOs of travel agents in a list of Ho Chi Minh City Tourism Association (HTA) and Ho Chi Minh City Department of Tourism show that three (SC, CC, NC) among four components (SC, CC, NC, LC) of innovation capabilities have effects on innovation performance. However, the application of fuzzy set theory in the fuzzy-set qualitative comparative analysis indicates that learning capability does not have any impact on firms’ innovation performance. A combination of learning capability and networking capability, nevertheless, creates sufficient conditions for innovation performance.
format Article
author Trinh, Thuy Anh
Nguyen, Ngoc Thong
spellingShingle Trinh, Thuy Anh
Nguyen, Ngoc Thong
Innovation of the firm: How to create performance from capability
author_facet Trinh, Thuy Anh
Nguyen, Ngoc Thong
author_sort Trinh, Thuy Anh
title Innovation of the firm: How to create performance from capability
title_short Innovation of the firm: How to create performance from capability
title_full Innovation of the firm: How to create performance from capability
title_fullStr Innovation of the firm: How to create performance from capability
title_full_unstemmed Innovation of the firm: How to create performance from capability
title_sort innovation of the firm: how to create performance from capability
publisher University of Economics Ho Chi Minh City
publishDate 2023
url http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=2d3a56a9-06f8-230c-5aaa-2b41c204d470
https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115559
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