Title: The effects of integrating innovative resources on organisational performance: the moderating role of innovation life cycle
Authors: Wen-Chih Liao; Chun-Chou Tseng; Mei Hsiu-Ching Ho
Addresses: Department and Graduate Institute of Business Administration, National Taiwan University of Science and Technology, 43, KeeLung Rd Sec. 4, Taipei 10607, Taiwan ' Taiwan Institute of Economic Research, 7F. No. 16-8, Dehuei St., Taipei City 10461, Taiwan ' Graduate Institute of Technology Management, National Taiwan University of Science and Technology, 43, KeeLung Rd Sec. 4, Taipei 10607, Taiwan
Abstract: In different innovation life cycle stages, firms need to accumulate specific innovation capabilities to face new challenges and reach a high performance. This study aims to investigate the impacts of innovation strategies on organisational performance, and whether the relationships change in different stages. We collect data from US Patent Office (USPTO), firms' financial reports in Taiwan TEJ database, and Taiwan innovation survey in 2009 to test in regression models. The evidence shows that organisational innovation characteristics, including innovation assets, capabilities, and the strategies to integrate external resources, positively affect organisational sale performance. Organisational innovation assets and innovation capabilities have different impacts on gross profit and Tobin's Q. Furthermore, the relationship between innovation characteristics and performance changes during different innovation life cycle stages. Comparing to the impacts in the emerging stage of product and process innovation, the influences of innovation assets or capabilities on performance are weaker in the mature stage.
Keywords: patents; innovation assets; innovation capability; innovation life cycle; organisational performance; innovation strategies; product innovation; process innovation.
International Journal of Technology Management, 2015 Vol.67 No.2/3/4, pp.215 - 244
Received: 29 Jul 2013
Accepted: 18 Jun 2014
Published online: 29 Apr 2015 *