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The impact of investments in innovation practices on competitive advantage.

Nazarpour, Ali; Fischl, Maria; Sohrabpour, Vahid LU and Fynes, Brian (2014) 21st EurOMA Conference, 2014
Abstract
In an increasingly competitive environment, technical innovation in products and processes is by a vast number of manufacturing companies regarded as one of the most powerful enablers to differentiate from competitors and achieve competitive advantage. Accordingly, some manufacturing companies spend significant amounts of investments in innovation projects. In this paper, we examine the relationship between financial investments in innovation practices and competitive advantage. The results show that there is not a significant correlation between both constructs and higher financial investments do not necessarily lead to an increased competitive advantage.
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author
organization
publishing date
type
Contribution to conference
publication status
published
subject
keywords
innovation practices, competitive advantage, incremental and radical innovation
conference name
21st EurOMA Conference, 2014
language
English
LU publication?
yes
id
42c148c6-bba8-4f24-aa0e-69ab12a6c8b0 (old id 4694638)
date added to LUP
2014-10-06 08:48:13
date last changed
2016-06-27 14:29:13
@misc{42c148c6-bba8-4f24-aa0e-69ab12a6c8b0,
  abstract     = {In an increasingly competitive environment, technical innovation in products and processes is by a vast number of manufacturing companies regarded as one of the most powerful enablers to differentiate from competitors and achieve competitive advantage. Accordingly, some manufacturing companies spend significant amounts of investments in innovation projects. In this paper, we examine the relationship between financial investments in innovation practices and competitive advantage. The results show that there is not a significant correlation between both constructs and higher financial investments do not necessarily lead to an increased competitive advantage.},
  author       = {Nazarpour, Ali and Fischl, Maria and Sohrabpour, Vahid and Fynes, Brian},
  keyword      = {innovation practices,competitive advantage,incremental and radical innovation},
  language     = {eng},
  title        = {The impact of investments in innovation practices on competitive advantage.},
  year         = {2014},
}