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Item type:Publication, Technological innovation and eco-efficiency in manufacturing companies: Does co-innovation orientation matter?(Elsevier Ltd, 2024-04-10)The rising need for sustainable development poses a critical challenge for manufacturing companies, requiring a fresh perspective on adopting greener practices. One recent approach to enhancing sustainability in manufacturing is the development of innovations in the pursuit of achieving higher eco-efficiency. This study delves into this approach by investigating the effect of technological innovation on eco-efficiency. In addition, this research examines the role of co-innovation orientation in relation to suppliers and customers. In the empirical exercise, an ordered probit model is applied to a sample of 791 manufacturing companies from Peru. Our research reveals a positive association between the distinct types of technological innovation and eco-efficiency, with process innovation yielding the most substantial effect. In terms of co-innovation orientation, we find co-innovation with suppliers to be more effective in driving eco-efficiency through product and process innovations, while co-innovation with customers seems more influential through product-service innovation. We also found that, for companies co-innovating with suppliers (CIS), complementary co-innovation with customers does not influence eco-efficiency. Conversely, for those co-innovating with customers (CIC), the fact that they also co-innovate with suppliers significantly boosts eco-efficiency. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Innovation and Performance in Peruvian Manufacturing Firms: Does R&D Play a Role?(Emerald Publishing, 2023-05-05)This paper aims to study whether Peruvian manufacturing firms that implement innovation have positive performance and whether R&D activities moderate these relationships. Design/methodology/approach: Using a data set of Peruvian manufacturing firms from the 2018 National Survey of Innovation, a LOGIT model analysis was applied to 774 companies. In addition, the authors fitted different models into subsamples to explore the moderating effects of R&D on manufacturing firms. Finally, the regression models were computed using R software. Findings: The results indicate that product, service and marketing innovation are associated positively with an increase in market share, while process and organizational innovations are associated positively with productivity. Moreover, companies with R&D are more productivity-oriented than companies without R&D. Research limitations/implications: This study contributes to the literature on innovation management by supporting the assumption that innovation results in increased productivity and expands market demand. In addition, findings highlight that R&D is essential for boosting firms’ productivity. Practical implications: Managers should consider an appropriate combination of the innovation portfolio and R&D investments to make progress and increase performance in the company. In addition, policymakers should consider that investments to promote the development of R&D activities in manufacturing companies will likely lead to médium- or long-term returns. Social implications: The correct use of indicators to measure these relationships could help the policymaker to design and measure policy instruments more efficiently. Originality/value: These results provide a deeper understanding of how the effects of innovations implemented by manufacturing firms, especially service and process innovation, improve their performance.