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Treble innovation firms

2023-01-01Artigo científico Acesso aberto
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dc.contributor.authorVendrell-Herrero, Ferran
dc.contributor.authorBustinza, Oscar F.
dc.contributor.authorOpazo-Basaez, Marco
dc.contributor.authorGomes, Emanuel
dc.contributor.institutionNOVA School of Business and Economics (NOVA SBE)
dc.contributor.pblElsevier Science B.V., Amsterdam.
dc.date.accessioned2024-02-14T22:44:19Z
dc.date.available2024-02-14T22:44:19Z
dc.date.issued2023-01-01
dc.description.abstractDrawing on the interplay between strategic ambidexterity, resource-based view, and digital servitization, we conceptualize how the rise of digitalization and service business models in industrial settings have materialized in a distinctive category of innovation-oriented manufacturing firms, labeled as treble innovation firms. We propose that said firms are characterized by simultaneously developing the three types of technological innovation —process, product, and digital service. We use a random and representative survey of 423 Spanish manufacturing firms to analyze antecedents, outcomes, and enhancers of digital service innovation adoption in firms that already possess process and product innovations (i.e., dual innovation firms). We report several findings. First, treble innovation firms epitomize the new norm (rather than the exception), representing 21.7% of all manufacturing firms. Second, product leadership and open innovation breadth increase the probability that dual innovation firms implement digital service innovation. Third, treble innovation firms achieve considerably greater profit margins than dual innovation firms. Finally, treble innovation firms can enhance said profit advantage by adopting resource retrenchment and value migration practices.en
dc.description.versionpublishersversion
dc.description.versionpublished
dc.format.extent2016310
dc.identifier.doi10.1016/j.ijpe.2022.108682
dc.identifier.issn0925-5273
dc.identifier.otherPURE: 47223737
dc.identifier.otherPURE UUID: f15f9857-7dd0-45c1-908c-b33a8255f466
dc.identifier.otherScopus: 85140299999
dc.identifier.urihttp://hdl.handle.net/10362/163538
dc.identifier.urlhttps://www.scopus.com/pages/publications/85140299999
dc.language.isoeng
dc.peerreviewedyes
dc.subjectAmbidexterity
dc.subjectOpen innovation
dc.subjectServitization
dc.subjectResource-based view
dc.subjectManufacturing firms
dc.subjectSMEs
dc.subjectSDG 9 - Industry, Innovation, and Infrastructure
dc.titleTreble innovation firmsen
dc.title.subtitleAntecedents, outcomes, and enhancing factorsen
dc.typejournal article
degois.publication.titleInternational Journal Of Production Economics
degois.publication.volume255
dspace.entity.typePublication
rcaap.rightsopenAccess

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