Authors: Sushanta Tripathy; Pradip Kumar Ray; Sadananda Sahu
Addresses: National Institute of Science & Technology Business School, Palur Hills, Berhampur, Orissa, 761008, India. ' Department of Industrial Engineering and Management, Indian Institute of Technology, Kharagpur, 721302, India. ' Department of Industrial Engineering and Management, Indian Institute of Technology, Kharagpur, 721302, India
Abstract: The objective of the study is to identify the factors that contribute to the research and development practices in Indian manufacturing firms, to categorise the dominating factors into different constructs, and to establish a causal relationship among the constructs. The structural equation modelling methodology using the AMOS 4.0 program has been adopted as the primary methodology for the study to possess causal relationship among five constructs, such as innovative competency, market focus, financial measures, R&D management strategy, and roadblocks to R&D. The results indicate that R&D management strategy holds the key to achieve the innovative competency in Indian manufacturing firms.
Keywords: R&D management practices; India; principal component analysis; PCA; structural equation modelling; path modelling; research and development; manufacturing industry; innovative competency; market focus; financial measures; management strategy; R&D roadblocks; innovation.
International Journal of Modelling in Operations Management, 2012 Vol.2 No.1, pp.45 - 68
Published online: 21 Aug 2014 *Full-text access for editors Access for subscribers Purchase this article Comment on this article