Innovation as a Key Success for Competitive Excellence Strategy in SMEs of Iraq
DOI:
https://doi.org/10.48165/sajssh.2024.5608Keywords:
Innovation,, competitive excellence strategy, SMEsAbstract
The paper tests the influence of innovation on competitive excellence strategy in detergent and soap SMEs in Iraq. The study is a cross-sectional. The researchers used a random sampling to collect the data. The sample size was of 390. Finding show that the influence of innovation on the “competitive” excellence strategy is positive and significant, the results show that SMEs would finance in innovative activities to improvement competitive advantage. Further, the study proposes that this framework should investigate the effect of innovation on competitive excellence strategy in other cont6ext of Iraqi SMEs. The limitation and future recommendation are discussed in the end.
References
Abdullah, N. C., & Mustapha, R. (2009). Kajian kes usahawan tani industri kecil sederhana (IKS) bumiputera di negeri terengganu (A case study of SMI bumiputera agropreneurs in Terengganu). Jurnal Pendidikan Malaysia, 34(2), 143-165.
Abou-Moghli, A. A., Abdallah, G. M. Al, & Muala, A. Al. (2012). Impact of innovation on realizing competitive advantage in banking sector in Jordan. American Academic & Scholarly Research Journal, 4(5), 1-9.
Ahmed, S. F., Abduljabbar, B. T., & Hussein, A. A. A. (2021). Strategic intelligence and sustainable competitive advantage of small and medium enterprises: An exploratory study in Iraq. Academy of Strategic Management Journal, 20, 1-12.
Algan, N. (2019). The importance of SMEs on world economies. In Proceedings of International Conference on Eurasian Economies, Turkish Republic of Northern Cyprus (Vol. 12).
Alvano, L. D., & Hidalgo, A. (2012). Innovation management techniques and development degree of innovation process in service organizations. R&D Management 2012, 42(1), 60-70.
Asree, S., Zain, M., & Razalli, M. R. (2010). Influence of leadership competency and organizational culture on responsiveness and performance of firms. International Journal of Contemporary Hospitality Management, 22, 500-516.
Arsawan, I. W. E., Koval, V., Rajiani, I., Rustiarini, N. W., Supartha, W. G., & Suryantini, N. P. S. (2022). Leveraging knowledge sharing and innovation culture into SMEs sustainable competitive advantage. International journal of productivity and performance management, 71(2), 405-428.
Arend, R. J. (2006). SME–supplier alliance activity in manufacturing: contingent benefits and perceptions. Strategic Management Journal, 27(8), 741-763.
Afuah, A. (1998). Innovation management: strategies, implementation, and profits. New York: Oxford University Press.
Avermaete, T., Viaene, J., Morgan, E. J., & Crawford, N. (2003). Determinants of innovation in small food firms. European Journal of Innovation Management, 6(1), 8–17.
Bayarçelik, E. B., Taşel, F., & Apak, S. (2014). A research on determining innovation factors for SMEs. Procedia - Social and Behavioral Sciences, 150, 202–211.
Beck, T. (2013). Bank financing for SMEs–lessons from the literature. National institute economic review, 225(1), 23-38.
Bentz, F. (1997). Managing technological innovation: competitive advantage from change. New York: Wiley.
Bergmann, G. & Daub, J. (2008). Systemisches innovations and K. Grundlagen, prozesse & perspektiven (2nd edition). Wiesbaden: Gabler.
Birkinshaw, J., Hamel, G., & Mol, M. J. (2008). Management innovation. Academy of Management Review, 33(4), 825–845.
Cardinal, L. B., & Alessandria, T. M. (2001). Knowledge codifiability, resources, science
based innovation. Journal of Knowledge Management, 5(2), 195-204.
Chmykhalo, A., & Abushaeva, M. (2015). Features of the advancement of science as an integral part of the national innovation system in modern Russia, Procedia. Social and Behavioral Sciences, 166(2015), 480 – 487.
Dada, O., & Fogg, H. (2014). Organizational learning, entrepreneurial orientation, and the role of university engagement in SMEs. International Small Business Journal, 34(1),1–19.
Distanont, A. (2020). The role of innovation in creating a competitive advantage. Kasetsart Journal of Social Sciences, 41(1), 15-21.
Damanpour, F. (1992). Organizational size and innovation. Journal Organization Studies, 13(3), 375–402.
Drucker, P.F. (1985). Innovation and entrepreneurship. NY: Harper & Row Pub.
Emmanuel, A. (2008). Creativity and innovation: The leadership dynamics. Journal of Strategic Leadership, 1(1), 39-45.
Evrim, K. (2015). Creativity process in innovation oriented entrepreneurship: The case of Vakko, Procedia. Social and Behavioral Sciences 195(2015) 1321 – 1329.
Fornell, C., & Larcker, D. F. (1981). Evaluating structural equation models with unobservable variables and measurement error. Journal of marketing research, 18(1), 39-50.
Garcia, R. & Calantone, R. (2002). A critical look at technology innovation typology and innovativeness terminology: A literature review. In: The journal of Product Innovation Management. 19, 110-132.
Hair, J. F., Gabriel, M., & Patel, V. (2014). AMOS covariance-based structural equation modeling (CB-SEM): Guidelines on its application as a marketing research tool. Brazilian Journal of Marketing, 13(2), 1-12.
Hair, J., Hollingsworth, C. L., Randolph, A. B., & Chong, A. Y. L. (2017). An updated and expanded assessment of PLS-SEM in information systems research. Industrial management & data systems, 117(3), 442-458.
Hassan, T. M. R. T., Yaacob, M. R., & Abdullatiff, N. K. (2014). Sustaining SMEs wood based product manufacturing through best practices.The case of indigenous entrepreneurs in Kelantan. Procedia-Social and Behavioral Sciences, 115, 221-234.
Higon, D. A. (2011). The impact of ICT on innovation activities: Evidence for UK SMEs. International Small Business Journal, 30(6), 684–699.
Ismail, M. D. (2013). Learning orientation and trust in small and medium enterprise (SME) export competitive. Asian Academy of Management Journal, 18(2), 153–179.
Ismail, M. D., Domil, A. K. A., & Isa, A. M. (2014). Managerial competence, relationship quality and competitive advantage among SME Exporters. Procedia - Social and Behavioral Sciences, 115(2013), 138–146.
Jan Ko, S. (2010). Innovations and knowledge management. Human Systems Management, 29(1), 51-63.
Williams, D., & Hare, L. (2012). Competitiveness of small hotels in Jamaica: An exploratory analysis. EBSCOhost.
Quintana, E., Casselman, M., Reiche, B. S., & Nylund, P. A. (2011). Innovation as a knowledge-based outcome. Journal of Knowledge Management, 15(6), 928-947.
Zhang, M. (2006). Conceptualizing the learning process in SMEs: Improving innovation through external orientation. International Small Business Journal, 24(3), 299–323.
Zainudin, A. (2012). Structural equation modeling using AMOS Graphic. Selangor: UiTM Press.
Zainudin, A., 2014. A handbook on structural equation modeling. Selangor: MPWS Rich Resources.
Zoltán, S., Dr. Zoltán, C., József, F., Tamás, T., & Dr. Gábor, P. (2013). Innovation management in central and eastern Europe: technology perspectives and EU policy implications. Journal of Economics and Sustainable Development, 4(4), 48-56.
Janis, O., & Santa, B. (2014). The relevance of innovation management as prerequisite for durable existence of small and medium enterprises, Procedia. Social and Behavioral Sciences 110(2014) 82 – 92.
Kaleka, A. (2002). Resources and capabilities driving competitive advantage in export markets: guidelines for industrial exporters. Industrial Marketing Management, 31(3), 273-283
Kumlu, Ö. (2014). The effect of intangible resources and competitive strategies on the export performance of small and medium sized enterprises. Procedia - Social and Behavioral Sciences, 150, 24–34.
Lyons, R. K, Chatman, J. A., & Joyce, C.K. (2007). Innovation in services: corporate culture and investment banking. California Management Review, 50(1), 174-191.
Lin, C. Y. (2007). Factors affecting innovation in logistics technologies for logistics service providers in China. Journal of Technology Management in China, 2(1), 22-37.
Mohamad, A. N. A., Rashed, Z. N., & Rahman, R. A. (2008). Potensi, cabaran dan hala Tuju industri kecil & sederhana. Prosiding Perkim III, 1, 662–674.
Mohd Amin, F. (2001). Innovation in small and medium Enterprises (SMEs) in the Malaysian Information Technology (IT) industry. George Mason University.
Muscio, A., Nardone, G., & Dottore, A. (2010). Understanding demand for innovation in the food industry. Measuring Business Excellence, 14(4), 35–48.
Nam, M. (2010). The impact of government R&D subsidies on SMEs in Korea: Do government R&D subsidies make SMEs more competitive in the market? Georgetown University.
Nausheen, H. A. (2007). Manufacturers responses to infrastructure constraints: How firms enhanced competitiveness in Pakistan’s export industries. Columbia University.
Nur, F. M., Sazali, A. W., Abdullah, A., Abu Sofian, Y., Naresh, K .S., & Syed, A. F.(2016). Defining the concept of innovation and firm innovativeness: A Critical Analysis from Resorce-Based View Perspective, 11(6), 87-94.
Saunila, M. (2014). Innovation capability for SME success: perspectives of financial and operational performance. Journal of Advances in Management Research, 11(2), 163– 175.
Soh, M. (2005). A correlational study of the relationship between a firm’s intangible resources and its sustainable competitive advantage. ProQuest Dissertations and Theses. The George Washington University.
Todtling, F., & Kaufmann, A. (2001). The role of the region for innovation activities of SMEs. European Urban and Regional Studies, 8(3), 203–215.
Thomas, B., Kinsey, M., Alice, S., Gary, S., & Sophie, S. (2016). Education and innovation management: a contradiction? How to manage educational projects if innovation is crucial for success and innovation management is mostly unknown. Procedia - Social and Behavioral Sciences, 226(2016) 243 – 251.
Wang, Y., & Costello, P. (2009). An investigation into innovations in SMEs: Evidence from the west midlands, UK. Journal of Entrepreneurship, 18(1), 65–93.
Downloads
Published
Issue
Section
License
Copyright (c) 2024 South Asian Journal of Social Sciences and Humanities
This work is licensed under a Creative Commons Attribution 4.0 International License.