Innovation and Firm Performance: The Moderating and Mediating Roles of Firm Size and Small and Medium Enterprise Finance
By P. Kijkasiwat, P. Phuensane. Journal of Risk and Financial Management, 2020
132 citations recorded by the source corpus.
This study examines the moderating effect of firm size on the relationship between innovation and firm performance of small and medium enterprises in 29 countries in Eastern European and Central Asia. The study also investigates whether the impact of innovation in products and processes on firm performance is affected by financial capital. The method applied is partial least square structural equation modelling. The findings indicate that firm size and the financial capital both moderate and mediate the impact of innovation on firm performance, positively or negatively. The findings have implications for decision makers by highlighting the significance of firm size and financial sources when planning to introduce innovations to enhance firm performance.
Subfields: Accounting, Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/ff764331ca91eb7864202f55403222ec5f2a36a5
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In Economics and Econometrics
Citations in the corpus
- A Review of Global Challenges and Survival Strategies of Small and Medium Enterprises (SMEs) (2020, background): “The economic competition influences businesses to be vigilant to their business strategies, particularly on innovations (Gunday et al. 2011; Garcia et al. 2020; Kijkasiwat and Phuensane 2020).”