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dc.contributor.authorLiao, Tung-Shanen_US
dc.contributor.authorRice, Johnen_US
dc.date.accessioned2017-05-03T15:52:34Z
dc.date.available2017-05-03T15:52:34Z
dc.date.issued2010en_US
dc.date.modified2013-05-31T00:42:09Z
dc.identifier.issn00487333en_US
dc.identifier.doi10.1016/j.respol.2009.11.002en_US
dc.identifier.urihttp://hdl.handle.net/10072/47322
dc.description.abstractInnovation-related activities within firms have traditionally been viewed as primary drivers of product and service differentiation and hopefully firm performance. Such views assume the effective transfer of newly developed products or services to a market willing to transact for the innovative products at a price that sustains the research, development and commercialisation processes behind the initial investments. In this paper, we 'unpack' this model linking primary R&D and related activities, the steps taken within the firm's market and transform its operational presence, and measures of firm performance. Using a sample of 449 Australian manufacturing companies from the Business Longitudinal Survey from the Australian Bureau of Statistics, the paper develops a mediated model by which we examine the impact of innovation on firm performance mediated through a firm's market engagement and transformation strategies. This paper finds that organisational performance is driven by innovation only when mediated through these transformation outcomes. The results contribute to the innovation literature in finding that innovation-related activities can only drive a firm's competitive advantage when they occur concomitantly with actual changes in the market position and offerings of firms.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_US
dc.languageEnglishen_US
dc.language.isoen_US
dc.publisherElsevieren_US
dc.publisher.placeNetherlandsen_US
dc.relation.ispartofstudentpublicationNen_US
dc.relation.ispartofpagefrom117en_US
dc.relation.ispartofpageto125en_US
dc.relation.ispartofissue1en_US
dc.relation.ispartofjournalResearch Policyen_US
dc.relation.ispartofvolume39en_US
dc.rights.retentionYen_US
dc.subject.fieldofresearchInnovation and Technology Managementen_US
dc.subject.fieldofresearchcode150307en_US
dc.titleInnovation investments, market engagement and financial performance: A study among Australian manufacturing SMEsen_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.date.issued2010
gro.hasfulltextNo Full Text


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