What are the determinants leading to innovation in manufacturing firms
Ulusoy, Gündüz and Kılıç, Kemal and Günday, Gürhan and Alpkan, Lütfihak (2013) What are the determinants leading to innovation in manufacturing firms. In: 6th International Conference for Entrepreneurship, Innovation and Regional Development (ICEIRD 2013), Istanbul, Turkey
In this paper, a comprehensive model of innovation determinants is analyzed based on empirical data gathered from 184 manufacturing firms located in the Northern Marmara region in Turkey. As opposed to the studies that establish the relationship with a limited set of antecedents and innovativeness, this study allows us to investigate how significant is an antecedent compared to others. Such knowledge is invaluable for the decision makers in order to manage their innovation strategies and provides a guideline for effective allocation of their limited resources to be more innovative. The analysis reveals that among all possible determinants considered, intellectual capital has the highest impact on innovativeness followed by organization culture. Path analyses for both of these major innovation determinants are investigated in detail. Some managerial implications are suggested.
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