The relationship between Innovation and Global Competitiveness: The mediating role of Management Practices evaluated by Structural Equation Modeling

Purpose – This study seeks to investigate whether a good management environment in companies determines results in terms of country competitiveness. Additionally, it aims to verify if innovation plays a role in contributing to this. Design/methodology/approach – The study used structural eq...

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Main Authors: Paulo Roberto Feldmann, Rafael Ricardo Jacomossi, Alcides Barrichello, Rogério Scabim Morano
Format: Article
Language:English
Published: Fundação Escola de Comércio Álvares Penteado 2019-04-01
Series:Revista Brasileira de Gestão De Negócios
Subjects:
Online Access:https://rbgn.fecap.br/RBGN/article/view/3970
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author Paulo Roberto Feldmann
Rafael Ricardo Jacomossi
Alcides Barrichello
Rogério Scabim Morano
author_facet Paulo Roberto Feldmann
Rafael Ricardo Jacomossi
Alcides Barrichello
Rogério Scabim Morano
author_sort Paulo Roberto Feldmann
collection DOAJ
description Purpose – This study seeks to investigate whether a good management environment in companies determines results in terms of country competitiveness. Additionally, it aims to verify if innovation plays a role in contributing to this. Design/methodology/approach – The study used structural equation modeling and data on 138 countries contemplated in The Global Competitiveness Report 2016/2017 (2016 World Economic Forum). A number of theories have been used to relate competitiveness to innovation and to management practices. This discussion was expanded, taking these variables into account in a more comprehensive framework. Findings – The analysis performed indicates the role of best management practices as a mediator in the relationship that exists between innovation and global competitiveness, which reinforces the importance of a good level of management Originality/Value- There have been many studies and discussions about global competitiveness. The factors in the literature used to explain a country´s degree of competitiveness include cheap labor, abundant raw materials, the amount of capital available for investment, and, especially, the capacity to innovate. Some authors point to a fifth factor: best management practices. The paper shows how this factor improves competitiveness. The most important contribution of this study is to demonstrate that innovation alone cannot by itself ensure competitiveness in companies or nations, and requires the simultaneous presence of best management practices.
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spelling doaj.art-df979464b38946a8b2f4e7fea2cc16b42022-12-21T19:25:03ZengFundação Escola de Comércio Álvares PenteadoRevista Brasileira de Gestão De Negócios1806-48921983-08072019-04-01212195212DOI:10.7819/rbgn.v21i2.3970The relationship between Innovation and Global Competitiveness: The mediating role of Management Practices evaluated by Structural Equation ModelingPaulo Roberto Feldmann0Rafael Ricardo Jacomossi1Alcides Barrichello2Rogério Scabim Morano3USP - Universidade de São PauloCentro Universitário FEIUniversidade Presbiteriana MackenzieUNIFESP - Universidade Federal de São PauloPurpose – This study seeks to investigate whether a good management environment in companies determines results in terms of country competitiveness. Additionally, it aims to verify if innovation plays a role in contributing to this. Design/methodology/approach – The study used structural equation modeling and data on 138 countries contemplated in The Global Competitiveness Report 2016/2017 (2016 World Economic Forum). A number of theories have been used to relate competitiveness to innovation and to management practices. This discussion was expanded, taking these variables into account in a more comprehensive framework. Findings – The analysis performed indicates the role of best management practices as a mediator in the relationship that exists between innovation and global competitiveness, which reinforces the importance of a good level of management Originality/Value- There have been many studies and discussions about global competitiveness. The factors in the literature used to explain a country´s degree of competitiveness include cheap labor, abundant raw materials, the amount of capital available for investment, and, especially, the capacity to innovate. Some authors point to a fifth factor: best management practices. The paper shows how this factor improves competitiveness. The most important contribution of this study is to demonstrate that innovation alone cannot by itself ensure competitiveness in companies or nations, and requires the simultaneous presence of best management practices.https://rbgn.fecap.br/RBGN/article/view/3970global competitivenessinnovationbest management practicesstructural equation modeling
spellingShingle Paulo Roberto Feldmann
Rafael Ricardo Jacomossi
Alcides Barrichello
Rogério Scabim Morano
The relationship between Innovation and Global Competitiveness: The mediating role of Management Practices evaluated by Structural Equation Modeling
Revista Brasileira de Gestão De Negócios
global competitiveness
innovation
best management practices
structural equation modeling
title The relationship between Innovation and Global Competitiveness: The mediating role of Management Practices evaluated by Structural Equation Modeling
title_full The relationship between Innovation and Global Competitiveness: The mediating role of Management Practices evaluated by Structural Equation Modeling
title_fullStr The relationship between Innovation and Global Competitiveness: The mediating role of Management Practices evaluated by Structural Equation Modeling
title_full_unstemmed The relationship between Innovation and Global Competitiveness: The mediating role of Management Practices evaluated by Structural Equation Modeling
title_short The relationship between Innovation and Global Competitiveness: The mediating role of Management Practices evaluated by Structural Equation Modeling
title_sort relationship between innovation and global competitiveness the mediating role of management practices evaluated by structural equation modeling
topic global competitiveness
innovation
best management practices
structural equation modeling
url https://rbgn.fecap.br/RBGN/article/view/3970
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