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Investigating the Path from Firm Innovativeness to Financial Performance: The Roles of New Product Success, Market Responsiveness, and Environment Turbulence
University of Leeds, UK ; Copperbelt University, Zambia.
University of Leeds, UK.
Pan-Atlantic University, Nigeria.
Linnaeus University, School of Business and Economics, Department of Management Accounting and Logistics. (Gunilla Bradley Centre for Digital Business)
2016 (English)In: Journal of Small Business Strategy, ISSN 1085-8510, Vol. 26, no 1, 51-68 p.Article in journal (Refereed) Published
Abstract [en]

This resource-based study investigates how a path from firm innovativeness to financial performance is channelled through new product success, and is contingent upon levels of market responsiveness and environment turbulence. Using primary data from small- and medium-sized exporting firms in the United Kingdom, the study finds that new product success partially mediates the path from firm innovativeness to financial performance. The study further finds that while market responsiveness strengthens links between new product success and financial performance, environment turbulence weakens the relationship. The implications of these findings for both researchers and managers of small- and medium-size enterprises are discussed.

Place, publisher, year, edition, pages
Small Business Institute , 2016. Vol. 26, no 1, 51-68 p.
Keyword [en]
Firm innovativeness, New product success, Financial performance, Market responsiveness, Environment turbulence
National Category
Economics and Business
Research subject
Economy
Identifiers
URN: urn:nbn:se:lnu:diva-51456OAI: oai:DiVA.org:lnu-51456DiVA: diva2:914947
Available from: 2016-03-28 Created: 2016-03-28 Last updated: 2016-07-01Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
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