The impact of process innovation on business performance

Demeter, Krisztina, Losonci, Dávid, Keresztély, Tibor, Major, Klára and Boer, Harry (2021) The impact of process innovation on business performance. In: 22nd International CINet Conference, 2021.09.13, Aalborg, Dánia - Göteborg, Svédország.

PDF - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader


The objective of this paper is twofold: 1) investigates the impact of process innovation on business performance in the context of a dependent market economy (DME); 2) look into the industrial specifics of the question. We assume that due to the context, process innovation is an important activity, which leads to higher business performance (measured as EBIT/sales), since the competitive advantage in a DME stems primarily from better (cheaper, faster, higher quality) production. The 2016 Community Innovation Survey and 2014-2018 company profit and loss statements are used from Hungary with 5002 companies. The analyses only partly support the hypotheses. Although in overall innovating companies have better business performance, based on regression analyses company size and industry are more important factors to achieve higher business performance than any kind of innovation activity. Nevertheless, among the types of innovation (product, service, process), still process innovation has the largest impact on business performance.

Item Type:Conference or Workshop Item (Other)
Uncontrolled Keywords:process innovation, product innovation, dependent market economy, industry, business performance
Divisions:Faculty of Business Administration > Institute of Business Economics > Department of Logistics and Supply Chain Management
Subjects:Knowledge economy, innovation
Projects:TKP 2020-NKA-02
ID Code:7057
Deposited By: Krisztina Kulcsár
Deposited On:06 Dec 2021 15:08
Last Modified:07 Dec 2021 12:16

Repository Staff Only: item control page


Downloads per month over past year

View more statistics