The Relationship between Innovation and Firm Performance: An Empirical Evidence from Turkish Automotive Supplier Industry

By Muratcan Atalay, Nilgün Anafarta, Fulya Sarvan. 2013

452 citations recorded by the source corpus.

Abstract Innovation is widely regarded as one of the most important sources of sustainable competitive advantage in an increasingly changing environment, because it leads to product and process improvements, makes continuous advances that helps firms to survive, allows firms to grow more quickly, be more efficient, and ultimately be more profitable than non-innovators. The main purpose of this study is to examine the relationships between innovation and firm performance. The survey of this study is conducted on top level managers of 113 firms operating in the automotive supplier industry which is one of the most innovative industries in Turkey, as of the year 2011. The obtained data from the questionnaires are analyzed through the SPSS statistical package program. Analysis results demonstrated that technological innovation (product and process innovation) has significant and positive impact on firm performance, but no evidence was found for a significant and positive relationship between non- technological innovation (organizational and marketing innovation) and firm performance.

Subfields: Business and International Management, Economics and Econometrics, Marketing

View Paper: https://www.semanticscholar.org/paper/cd7b79608bb65b98efbcc3b6136a00bca83ea1ed

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In Economics and Econometrics

Citations in the corpus

Sustainability of SMEs in the Competition: A Systemic Review on Technological Challenges and SME Performance (2019, background): “The literature also cited numerous social, economic, technological, cultural, environmental, and management-related causes that affect the failure of SMEs’ businesses within a shorter period [3,7,8].”
A Review of Global Challenges and Survival Strategies of Small and Medium Enterprises (SMEs) (2020, background): “In 2009, the inﬂuence of the problem on the automotive industry was more dangerous than any other sector except housing and ﬁnance (Atalay et al. 2013; Shihadeh et al. 2019).”