Product or process innovation? the dilemma for exporting SMEs in emerging economies: The case of the Colombian Caribbean

On the path to economic globalisation, companies are constantly facing opportunities and challenges in their pursuit of business survival and continuous improvement. Due to its strategic conception, innovation management seems to generate the transformations required in the current competitive envir...

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Autores: Chang muñoz, eduardo, Mercado Caruso, Nohora Nubia, Ovallos, David, Segarra-Oña, Marival, Noguera Osorio, Silvia
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2022
País:Colombia
Institución:Corporación Universidad de la Costa
Repositorio:Repositorio REDICUC
Idioma:inglés
OAI Identifier:oai:repositorio.cuc.edu.co:11323/9368
Acceso en línea:https://hdl.handle.net/11323/9368
https://doi.org/10.1016/j.procs.2021.12.296
https://repositorio.cuc.edu.co/
Access Level:acceso abierto
Palabra clave:Product innovation
Process innovation
Exporting SMEs
Innovation activities
Competitive advantage
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dc.title.none.fl_str_mv Product or process innovation? the dilemma for exporting SMEs in emerging economies: The case of the Colombian Caribbean
title Product or process innovation? the dilemma for exporting SMEs in emerging economies: The case of the Colombian Caribbean
spellingShingle Product or process innovation? the dilemma for exporting SMEs in emerging economies: The case of the Colombian Caribbean
Chang muñoz, eduardo
Product innovation
Process innovation
Exporting SMEs
Innovation activities
Competitive advantage
title_short Product or process innovation? the dilemma for exporting SMEs in emerging economies: The case of the Colombian Caribbean
title_full Product or process innovation? the dilemma for exporting SMEs in emerging economies: The case of the Colombian Caribbean
title_fullStr Product or process innovation? the dilemma for exporting SMEs in emerging economies: The case of the Colombian Caribbean
title_full_unstemmed Product or process innovation? the dilemma for exporting SMEs in emerging economies: The case of the Colombian Caribbean
title_sort Product or process innovation? the dilemma for exporting SMEs in emerging economies: The case of the Colombian Caribbean
dc.creator.none.fl_str_mv Chang muñoz, eduardo
Mercado Caruso, Nohora Nubia
Ovallos, David
Segarra-Oña, Marival
Noguera Osorio, Silvia
author Chang muñoz, eduardo
author_facet Chang muñoz, eduardo
Mercado Caruso, Nohora Nubia
Ovallos, David
Segarra-Oña, Marival
Noguera Osorio, Silvia
author_role author
author2 Mercado Caruso, Nohora Nubia
Ovallos, David
Segarra-Oña, Marival
Noguera Osorio, Silvia
author2_role author
author
author
author
dc.subject.none.fl_str_mv Product innovation
Process innovation
Exporting SMEs
Innovation activities
Competitive advantage
topic Product innovation
Process innovation
Exporting SMEs
Innovation activities
Competitive advantage
description On the path to economic globalisation, companies are constantly facing opportunities and challenges in their pursuit of business survival and continuous improvement. Due to its strategic conception, innovation management seems to generate the transformations required in the current competitive environment. This article seeks to analyse the dilemma faced by small and medium sized exporting enterprises located in a developing country and regarding what to manage first: product or process innovation. The empirical analysis has been performed in the Colombian Caribbean region. The results revealed that companies focus more on process innovation than on product innovation. Similarly, it is concluded that the former precedes the latter
publishDate 2022
dc.date.none.fl_str_mv 2022-07-14T19:00:08Z
2022-07-14T19:00:08Z
2022-01-26
dc.type.none.fl_str_mv Artículo de revista
http://purl.org/coar/resource_type/c_6501
Text
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dc.identifier.none.fl_str_mv 18770509
https://hdl.handle.net/11323/9368
https://doi.org/10.1016/j.procs.2021.12.296
10.1016/j.procs.2021.12.296
Corporación Universidad de la Costa
REDICUC - Repositorio CUC
https://repositorio.cuc.edu.co/
identifier_str_mv 18770509
10.1016/j.procs.2021.12.296
Corporación Universidad de la Costa
REDICUC - Repositorio CUC
url https://hdl.handle.net/11323/9368
https://doi.org/10.1016/j.procs.2021.12.296
https://repositorio.cuc.edu.co/
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Procedia Computer Science
[1] C. Prange and B. B. Schlegelmilch, “Managing innovation dilemmas: The cube solution,” Bus. Horiz., vol. 61, no. 2, pp. 309–322, 2018, doi: https://doi.org/10.1016/j.bushor.2017.11.014.
[2] S. Ma, P. Dong, and X. Cai, “Optimization decision for enterprise innovation mode and product portfolio in background of low-carbon,” Jisuanji Jicheng Zhizao Xitong/Computer Integr. Manuf. Syst. CIMS, vol. 24, no. 1, pp. 178–185, 2018, doi: 10.13196/j.cims.2018.01.018.
[3] S. P. S. Rossi, G. Bonanno, M. Giansoldati, and T. Gregori, “Are Venture Capital SMEs more likely to start exporting?,” Econ. Bull., vol. 38, no. 3, pp. 1613–1622, 2018.
[4] J. R. Rey, L. M. Soraire, and M. Camargo, “Innovation, product design and use of ICTs in Argentine SMEs: An analysis from a managerial perspective,” 26th International Association for Management of Technology Conference, IAMOT 2017, 2020, pp. 579–589.
[5] S. F. Slater, J. J. Mohr, and S. Sengupta, “Radical product innovation capability: Literature review, synthesis, and illustrative research propositions,” J. Prod. Innov. Manag., vol. 31, no. 3, pp. 552–566, 2014.
[6] G. Bonanno and B. Haworth, “Intensity of competition and the choice between product and process innovation,” Int. J. Ind. Organ., vol. 16, no. 4, pp. 495–510, 1998.
[7] J. Jayaram, A. Oke, and D. Prajogo, “The antecedents and consequences of product and process innovation strategy implementation in Australian manufacturing firms,” Int. J. Prod. Res., vol. 52, no. 15, pp. 4424–4439, 2014, doi: 10.1080/00207543.2013.849363.
[8] P. K. Wong, L. Lee, and M. D. Foo, “Occupational choice: The influence of product vs. process innovation,” Small Bus. Econ., vol. 30, no. 3, pp. 267–281, 2008, doi: 10.1007/s11187-006-9044-8.
[9] E. Maine, S. Lubik, and E. Garnsey, “Process-based vs. product-based innovation: Value creation by nanotech ventures,” Technovation, vol. 32, no. 3–4, pp. 179–192, 2012, doi: 10.1016/j.technovation.2011.10.003.
[10] Y.-P. Hong, Y. Kim, and B. C. Cin, “Product-Service System and Firm Performance: The Mediating Role of Product and Process Technological Innovation,” Emerg. Mark. Financ. Trade, vol. 51, no. 5, pp. 975–984, 2015, doi: 10.1080/1540496X.2015.1061388.
[11] N. Mercado-Caruso, M. Segarra-Oña, D. Ovallos-Gazabon, and A. Peiró-Signes, “Identifying endogenous and exogenous indicators to measure eco-innovation within clusters,” Sustain., vol. 12, no. 15, 2020, doi: 10.3390/su12156088.
[12] A. Trachuk and N. Linder, “Learning-by-exporting effects on innovative performance: Empiric study results,” Knowl. Manag. Res. Pract., vol. 16, no. 2, pp. 220–234, 2018, doi: 10.1080/14778238.2018.1439675.
[13] M. Falahat, T. Ramayah, P. Soto-Acosta, and Y.-Y. Lee, “SMEs internationalization: The role of product innovation, market intelligence, pricing and marketing communication capabilities as drivers of SMEs’ international performance,” Technol. Forecast. Soc. Change, vol. 152, 2020, doi: 10.1016/j.techfore.2020.119908.
[14] Cámara de Comercio de Barranquilla, “Competitividad de las pymes en la región Caribe,” Barranquilla, 2017.
[15] J. I. Lechuga Cardozo, A. M. Cazallo Antúnez, and D. Olivero Vega, Enohemit Lambraño Estruen, “Diagnóstico de las pymes colombianas exportadoras de los sectores de manufactura y comercio,” in Proceso de internacionalización de las pymes, 1st ed., Barranquilla: Universidad Simón Bolívar, 2018, pp. 11–50.
[16] F. Mesa and R. Torres, “Exporting industrial SMEs in Colombia: an analysis of their real activity,” Lect. Econ., no. 90, pp. 127-157, 2019.
[17] D. Ovallos-Gazabon, L. Landazury-Villalba, E. Lugo-Arias, and A. Redondo Salas, “Innovación y competitividad: una revisión de la literatura usando herramientas de minería de datos,” in Liderazgo: Tendencias Emergentes para Inspirar la gestión de personas en las organizaciones, R. Prieto Pulido, J. García Guiliany, and Y. Rincón Quintero, Eds. Barranquilla: Ediciones Universidad Simón Bolívar, 2018, pp. 173–206.
625
620
198
dc.rights.none.fl_str_mv © 2021 The Authors. Published by Elsevier B.V.
Atribución 4.0 Internacional (CC BY 4.0)
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http://purl.org/coar/access_right/c_abf2
rights_invalid_str_mv © 2021 The Authors. Published by Elsevier B.V.
Atribución 4.0 Internacional (CC BY 4.0)
https://creativecommons.org/licenses/by/4.0/
http://purl.org/coar/access_right/c_abf2
eu_rights_str_mv openAccess
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dc.publisher.none.fl_str_mv Elsevier BV
Netherlands
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spelling Product or process innovation? the dilemma for exporting SMEs in emerging economies: The case of the Colombian CaribbeanChang muñoz, eduardoMercado Caruso, Nohora NubiaOvallos, DavidSegarra-Oña, MarivalNoguera Osorio, SilviaProduct innovationProcess innovationExporting SMEsInnovation activitiesCompetitive advantageOn the path to economic globalisation, companies are constantly facing opportunities and challenges in their pursuit of business survival and continuous improvement. Due to its strategic conception, innovation management seems to generate the transformations required in the current competitive environment. This article seeks to analyse the dilemma faced by small and medium sized exporting enterprises located in a developing country and regarding what to manage first: product or process innovation. The empirical analysis has been performed in the Colombian Caribbean region. The results revealed that companies focus more on process innovation than on product innovation. Similarly, it is concluded that the former precedes the latterElsevier BVNetherlands2022-07-14T19:00:08Z2022-07-14T19:00:08Z2022-01-26Artículo de revistahttp://purl.org/coar/resource_type/c_6501Textinfo:eu-repo/semantics/articlehttp://purl.org/redcol/resource_type/ARTinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/version/c_ab4af688f83e57aa6 páginasapplication/pdfapplication/pdf18770509https://hdl.handle.net/11323/9368https://doi.org/10.1016/j.procs.2021.12.29610.1016/j.procs.2021.12.296Corporación Universidad de la CostaREDICUC - Repositorio CUChttps://repositorio.cuc.edu.co/https://www.sciencedirect.com/science/article/pii/S1877050921025357?pes=vor#!reponame:Repositorio REDICUCinstname:Corporación Universidad de la Costainstacron:Corporación Universidad de la CostaengProcedia Computer Science[1] C. Prange and B. B. Schlegelmilch, “Managing innovation dilemmas: The cube solution,” Bus. Horiz., vol. 61, no. 2, pp. 309–322, 2018, doi: https://doi.org/10.1016/j.bushor.2017.11.014.[2] S. Ma, P. Dong, and X. Cai, “Optimization decision for enterprise innovation mode and product portfolio in background of low-carbon,” Jisuanji Jicheng Zhizao Xitong/Computer Integr. Manuf. Syst. CIMS, vol. 24, no. 1, pp. 178–185, 2018, doi: 10.13196/j.cims.2018.01.018.[3] S. P. S. Rossi, G. Bonanno, M. Giansoldati, and T. Gregori, “Are Venture Capital SMEs more likely to start exporting?,” Econ. Bull., vol. 38, no. 3, pp. 1613–1622, 2018.[4] J. R. Rey, L. M. Soraire, and M. Camargo, “Innovation, product design and use of ICTs in Argentine SMEs: An analysis from a managerial perspective,” 26th International Association for Management of Technology Conference, IAMOT 2017, 2020, pp. 579–589.[5] S. F. Slater, J. J. Mohr, and S. Sengupta, “Radical product innovation capability: Literature review, synthesis, and illustrative research propositions,” J. Prod. Innov. Manag., vol. 31, no. 3, pp. 552–566, 2014.[6] G. Bonanno and B. Haworth, “Intensity of competition and the choice between product and process innovation,” Int. J. Ind. Organ., vol. 16, no. 4, pp. 495–510, 1998.[7] J. Jayaram, A. Oke, and D. Prajogo, “The antecedents and consequences of product and process innovation strategy implementation in Australian manufacturing firms,” Int. J. Prod. Res., vol. 52, no. 15, pp. 4424–4439, 2014, doi: 10.1080/00207543.2013.849363.[8] P. K. Wong, L. Lee, and M. D. Foo, “Occupational choice: The influence of product vs. process innovation,” Small Bus. Econ., vol. 30, no. 3, pp. 267–281, 2008, doi: 10.1007/s11187-006-9044-8.[9] E. Maine, S. Lubik, and E. Garnsey, “Process-based vs. product-based innovation: Value creation by nanotech ventures,” Technovation, vol. 32, no. 3–4, pp. 179–192, 2012, doi: 10.1016/j.technovation.2011.10.003.[10] Y.-P. Hong, Y. Kim, and B. C. Cin, “Product-Service System and Firm Performance: The Mediating Role of Product and Process Technological Innovation,” Emerg. Mark. Financ. Trade, vol. 51, no. 5, pp. 975–984, 2015, doi: 10.1080/1540496X.2015.1061388.[11] N. Mercado-Caruso, M. Segarra-Oña, D. Ovallos-Gazabon, and A. Peiró-Signes, “Identifying endogenous and exogenous indicators to measure eco-innovation within clusters,” Sustain., vol. 12, no. 15, 2020, doi: 10.3390/su12156088.[12] A. Trachuk and N. Linder, “Learning-by-exporting effects on innovative performance: Empiric study results,” Knowl. Manag. Res. Pract., vol. 16, no. 2, pp. 220–234, 2018, doi: 10.1080/14778238.2018.1439675.[13] M. Falahat, T. Ramayah, P. Soto-Acosta, and Y.-Y. Lee, “SMEs internationalization: The role of product innovation, market intelligence, pricing and marketing communication capabilities as drivers of SMEs’ international performance,” Technol. Forecast. Soc. Change, vol. 152, 2020, doi: 10.1016/j.techfore.2020.119908.[14] Cámara de Comercio de Barranquilla, “Competitividad de las pymes en la región Caribe,” Barranquilla, 2017.[15] J. I. Lechuga Cardozo, A. M. Cazallo Antúnez, and D. Olivero Vega, Enohemit Lambraño Estruen, “Diagnóstico de las pymes colombianas exportadoras de los sectores de manufactura y comercio,” in Proceso de internacionalización de las pymes, 1st ed., Barranquilla: Universidad Simón Bolívar, 2018, pp. 11–50.[16] F. Mesa and R. Torres, “Exporting industrial SMEs in Colombia: an analysis of their real activity,” Lect. Econ., no. 90, pp. 127-157, 2019.[17] D. Ovallos-Gazabon, L. Landazury-Villalba, E. Lugo-Arias, and A. Redondo Salas, “Innovación y competitividad: una revisión de la literatura usando herramientas de minería de datos,” in Liderazgo: Tendencias Emergentes para Inspirar la gestión de personas en las organizaciones, R. Prieto Pulido, J. García Guiliany, and Y. Rincón Quintero, Eds. Barranquilla: Ediciones Universidad Simón Bolívar, 2018, pp. 173–206.625620198© 2021 The Authors. Published by Elsevier B.V.Atribución 4.0 Internacional (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf22024-09-17T15:56:24Z
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