Innovative Behavior and Firm Competitive Advantage: The Moderating Effect of Environmental Dynamism
14 oct 2021
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Publicado en línea: 14 oct 2021
Páginas: 159 - 170
DOI: https://doi.org/10.2478/fman-2021-0012
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© 2021 Olawale Fatoki, published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Biographical characteristics (Source: Author's data analysis)
| Biographical characteristics | Number |
|---|---|
| Age of respondent (years) | |
| Below 20 | 0 |
| 20–30 | 24 |
| 31–40 | 62 |
| 41–50 | 32 |
| 51–60 | 22 |
| Above 60 | 0 |
| Level of education of respondent | |
| Below matric | 0 |
| Matric | 39 |
| Above matric | 101 |
| Gender | |
| Male | 79 |
| Female | 61 |
| Role of respondent in the firm | |
| Manager | 71 |
| Owner | 69 |
| Age of firm | |
| Less than 1 year | 8 |
| 1–5 years | 39 |
| 6–10 years | 63 |
| 10–15 years | 36 |
| Above 15 years | 2 |
| Industry | |
| Manufacturing | 36 |
| Services | 18 |
| Retail and wholesale | 51 |
| Accommodation | 35 |
| Size (number of employees) | |
| 0–10 | 31 |
| 11–50 | 83 |
| 51–250 | 26 |
Results of regression analyses (Source: Author's data analysis)
| Variable | Competitive advantage | |||
|---|---|---|---|---|
| Model 1 |
Model 2 |
Model 3 |
Model 4 |
|
| Age | 0.148 | 0.049 | 0.051 | 0.042 |
| Size | 0.142 | −0.052 | 0.076 | −0.071 |
| Industry | 0.146 | 0.102 | 0.107 | 0.102 |
| IB | 0.644 |
0.649 |
0.701 | |
| ED | 0.074 | 0.079 | ||
| IB × ED | 0.013 | |||
| R2 | 0.062 | 0.214 | 0.216 | 0.221 |
| Adjusted R2 | 0.055 | 0.209 | 0.211 | 0.227 |
| R2 change | 0.154 |
0.156 |
0.172 |
|
| F | 7.220 | 74.204 | 55.288 | 47.108 |
Descriptive statistics and correlation (Source: Author's data analysis)
| Variable | Mean | Standard deviation | Size | Age | Ind | IB | ED | CA |
|---|---|---|---|---|---|---|---|---|
| Size | 2.15 | 1.01 | 1 | |||||
| Age | 2.20 | 0.92 | 0.49 | 1 | ||||
| Industry | 1.95 | 0.59 | −0.081 | −0.208 |
1 | |||
| IB | 3.58 | 0.89 | 0.31 | 0.24 | 0.31 |
1 | ||
| ED | 3.12 | 0.81 | 0.18 | 0.12 |
0.26 |
0.41 |
1 | |
| CA | 3.35 | 0.77 | 0.16 | 0.29 | 0.19 | 0.53 |
0.61 |
1 |
j_fman-2021-0012_tab_004
| Construct | Item | Source | Response category |
|---|---|---|---|
| Perceived environmental dynamism |
Environmental changes in our market are intense. Product or service in our industry changes quickly. The acts of competitors are difficult to predict. The technology in our industry progresses quickly. It is difficult to predict the change of customer needs. |
Justin, Jansen, den Bosch and Volberda, 2006; |
1 strongly disagree 5 strongly agree |
| Innovative behavior |
Search out new working methods techniques. Generate new ideas on how to improve our products and services. Generate original solutions to problems. Provide new solutions to old problems. Make appropriate plan for the implementation of new ideas. Endeavour to eliminate obstacles in the process of idea implementation. |
Omri, 2013 | 1 strongly disagree to 5 strongly agree. |
| Competitive advantage | Compared with our competitors, our firm has:
higher profit growth rate higher sales revenue growth rate lower operating costs better product and service quality higher market share |
Wu and Chen, 2012; |
1 strongly disagree to 5 strongly agree. |