Paper Info
Title
It-Based Product Innovation Strategies For Small Firms
Abstract
Purpose This study connects the theoretical concepts of strategic orientation and information technology (IT)-based product innovation strategy to suggest that several key factors can help small firms to develop IT-based product innovation strategies. Design/methodology/approach With data from 245 useable questionnaires (response rate 25.18%) from UK-based small firms in the high-tech industry, the research model was tested and validated. Findings Findings show that information technology support for core competencies mediates the relationship between strategic orientation and IT-enabled product innovation (ITEPI). Specifically, by distinguishing the different types of strategic orientation and information technology support for core competencies, the study finds that IT support for market access competency (ITMA) mediates the market orientation-ITEPI relationship, while IT support for functionality-related competency (ITFR) mediates the technology orientation-ITEPI relationship. Academic implications arising from the findings are discussed and managerial propositions provided. Originality/value This study offers a fresh theoretical angle from which to understand the factors that contribute to ITEPI. More specifically, we argue that strategic orientation reflects managers' focus to pursue certain activities, and that ITEPI serves as organizational activity. Further, this study also extends relevant research in the field of strategy, IT and innovation. It provides a more nuanced picture of how strategic orientation affects ITEPI.
Year
DOI
Venue
2020
10.1108/ITP-07-2018-0343
INFORMATION TECHNOLOGY & PEOPLE
Keywords
DocType
Volume
Resource-based view, Strategic orientation, Information technology-based product innovation strategy, IT-enabled product innovation, IT support for core competencies
Journal
33
Issue
ISSN
Citations 
6
0959-3845
0
PageRank 
References 
Authors
0.34
0
5
Name
Order
Citations
PageRank
Wai Wai (Joyce) Ko100.34
Cheng-Hao Steve Chen200.34
Gordon Liu300.34
Bang Nguyen4428.23
Sachiko Takeda500.34