How beneficial are relational capital and technology orientation for innovation? Evidence from Mexican SMEs
Globally, small and medium-sized enterprises (SMEs) are engines of economic growth and job creation. After the pandemic, innovation activities have become more critical than ever as a generator of competitiveness. Therefore, we need to better understand the factors that lead to innovation in SMEs. T...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
KeAi Communications Co., Ltd.
2022-03-01
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| Series: | International Journal of Innovation Studies |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2096248722000029 |
| _version_ | 1817985167217655808 |
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| author | Edgar R. Ramírez-Solis Joan Llonch-Andreu Alberto D. Malpica-Romero |
| author_facet | Edgar R. Ramírez-Solis Joan Llonch-Andreu Alberto D. Malpica-Romero |
| author_sort | Edgar R. Ramírez-Solis |
| collection | DOAJ |
| description | Globally, small and medium-sized enterprises (SMEs) are engines of economic growth and job creation. After the pandemic, innovation activities have become more critical than ever as a generator of competitiveness. Therefore, we need to better understand the factors that lead to innovation in SMEs. This study aims to analyze the role of relational capital and technology orientation in innovation to appreciate its final impact on firm performance. The main results reveal a strong positive effect of relational capital on innovation, but the effect is not so strong as firm performance. We also found a strong positive effect of relational capital on technology orientation. Finally, we offer some clues in the debate on technology as a source of innovation and how relational capital and technology orientation are related to a firm’s performance. The results reveal significant implications for innovation policies and relational capital strategies for SMEs. |
| first_indexed | 2024-04-13T23:54:31Z |
| format | Article |
| id | doaj.art-775f9cc8709b4605b2110f08f0fa1dfb |
| institution | Directory Open Access Journal |
| issn | 2096-2487 |
| language | English |
| last_indexed | 2024-04-13T23:54:31Z |
| publishDate | 2022-03-01 |
| publisher | KeAi Communications Co., Ltd. |
| record_format | Article |
| series | International Journal of Innovation Studies |
| spelling | doaj.art-775f9cc8709b4605b2110f08f0fa1dfb2022-12-22T02:23:57ZengKeAi Communications Co., Ltd.International Journal of Innovation Studies2096-24872022-03-0161110How beneficial are relational capital and technology orientation for innovation? Evidence from Mexican SMEsEdgar R. Ramírez-Solis0Joan Llonch-Andreu1Alberto D. Malpica-Romero2Tecnologico de Monterrey, Departamento de Gestión y Liderazgo, 45201, Zapopan, Jal., Mexico; Corresponding author.Universidad Autónoma de Barcelona, Business Economics Department, Faculty of Economics, 08193, Barcelona, SpainTecnologico de Monterrey, Departamento de Gestión y Liderazgo, 45201, Zapopan, Jal., MexicoGlobally, small and medium-sized enterprises (SMEs) are engines of economic growth and job creation. After the pandemic, innovation activities have become more critical than ever as a generator of competitiveness. Therefore, we need to better understand the factors that lead to innovation in SMEs. This study aims to analyze the role of relational capital and technology orientation in innovation to appreciate its final impact on firm performance. The main results reveal a strong positive effect of relational capital on innovation, but the effect is not so strong as firm performance. We also found a strong positive effect of relational capital on technology orientation. Finally, we offer some clues in the debate on technology as a source of innovation and how relational capital and technology orientation are related to a firm’s performance. The results reveal significant implications for innovation policies and relational capital strategies for SMEs.http://www.sciencedirect.com/science/article/pii/S2096248722000029Strategic orientationTechnology orientationRelational capitalInnovationSMEs |
| spellingShingle | Edgar R. Ramírez-Solis Joan Llonch-Andreu Alberto D. Malpica-Romero How beneficial are relational capital and technology orientation for innovation? Evidence from Mexican SMEs International Journal of Innovation Studies Strategic orientation Technology orientation Relational capital Innovation SMEs |
| title | How beneficial are relational capital and technology orientation for innovation? Evidence from Mexican SMEs |
| title_full | How beneficial are relational capital and technology orientation for innovation? Evidence from Mexican SMEs |
| title_fullStr | How beneficial are relational capital and technology orientation for innovation? Evidence from Mexican SMEs |
| title_full_unstemmed | How beneficial are relational capital and technology orientation for innovation? Evidence from Mexican SMEs |
| title_short | How beneficial are relational capital and technology orientation for innovation? Evidence from Mexican SMEs |
| title_sort | how beneficial are relational capital and technology orientation for innovation evidence from mexican smes |
| topic | Strategic orientation Technology orientation Relational capital Innovation SMEs |
| url | http://www.sciencedirect.com/science/article/pii/S2096248722000029 |
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