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Innovation capability for SME success: perspectives of financial and operational performance

机译：中小企业成功的创新能力：财务和运营绩效的观点

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Purpose - The relationship between overall innovation and innovation capability, and performance has been a topic of several earlier studies. However, the effects of the aspects of innovation capability on performance of a firm have stayed unfamiliar. The purpose of this paper is to study the relationship between organizational innovation capability and firm performance. The study contributes to the current understanding by presenting the important aspects of organizational innovation capability that affect firm performance. The effects are studied to both financial and operational performance. Design/methodology/approach - The approach of this study is quantitative. The data used to test the hypotheses were gathered from Finnish small- and medium-sized enterprises (SMEs) with a web-based questionnaire. The sample covered 2,400 SMEs employing 11-249 persons and having a revenue of two to 50 Meuro. The sample was randomly selected. Findings - The findings showed that three aspects of innovation capability, namely ideation and organizing structures, participatory leadership culture, and know-how development, has some effect on different aspects of firm performance. Surprisingly, the aspects of innovation capability were found to be more influential to the financial performance than operational performance. Practical implications - The paper contains suggestions for improving performance through developing innovation capability. The paper aims to support practice in two ways. First, organizations can identify aspects of innovation capability that affect operational and financial performance. In that way, organizations can benefit the results by applying these aspects in their everyday operations. Second, the results of the paper may help professionals to begin to understand that leveraging innovation capability may improve an organization's performance. Originality/value - Previous research has often either concentrated on innovation capability as a one dimension without studying the relationship aspect by aspect or studying only the effects of one aspect of innovation capability. The results of the study take one step further by investigating the relationship of multiple aspects of innovation capability and firm performance.
机译：目的-总体创新与创新能力以及绩效之间的关系一直是早期研究的主题。但是，创新能力的各个方面对公司绩效的影响仍然不为人所知。本文的目的是研究组织创新能力与企业绩效之间的关系。该研究通过介绍影响公司绩效的组织创新能力的重要方面，为当前的理解做出了贡献。研究了对财务和运营绩效的影响。设计/方法/方法-本研究的方法是定量的。用于检验假设的数据是通过基于Web的问卷调查从芬兰中小企业（SME）收集的。样本涵盖了2400家中小企业，雇用11-249名员工，收入为2至50欧元。样品是随机选择的。调查结果-调查结果表明，创新能力的三个方面，即构想和组织结构，参与式领导文化和专有技术发展，对公司绩效的各个方面都有一定影响。令人惊讶的是，发现创新能力的各个方面对财务绩效的影响大于对运营绩效的影响。实际意义-本文包含通过开发创新能力来提高绩效的建议。本文旨在通过两种方式来支持实践。首先，组织可以确定影响运营和财务绩效的创新能力的各个方面。这样，组织可以通过将这些方面应用到日常运营中来使结果受益。其次，本文的结果可能有助于专业人士开始理解利用创新能力可以提高组织的绩效。原创性/价值-先前的研究通常要么将创新能力作为一个维度，而没有逐方面研究关系，要么仅研究创新能力的一个方面的影响。研究结果通过调查创新能力与企业绩效的多个方面之间的关系，进一步迈出了一步。

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