WHEN NEW PRODUCT DEVELOPMENT IS NOT ENOUGH FOR SUSTAINED PERFORMANCE: AN EMPIRICAL VALIDATION OF “THE CONTINUOUS INNOVATION STOOL”

Luca Gastaldi, Paolo Neirotti, Henrike Engele Elisabeth Boer, Harry Boer, Mariano Corso

Research output: Contribution to book/anthology/report/conference proceedingArticle in proceedingResearchpeer-review

Abstract

Hyland and Boer (2006) introduced the “continuous innovation stool”, describing continuous innovation in terms of operational, innovation and strategic capabilities. They hypothesized that the better a firm aligns, coordinates and/or integrates the functions responsible for these areas, the higher and more sustainably the firm will perform. The purpose of this paper is to test the stool model, using data obtained from the Chief Operating Officers and the Chief Technology Officers from 189 firms in eight countries. The analyses show that firms that excel at innovation management, are also more likely to be good at managing operations and strategic choices. Also, and more important, the higher the firm’s capabilities on these three domains, the better their business performance, which is a first confirmation of the “continuous innovation stool”.
Original languageEnglish
Title of host publicationProceedings of the 21st CINet conference on Practicing Continuous Innovation in Digital Ecosystems
Place of PublicationMilan
PublisherContinuous Innovation Network
Publication date2020
Edition21
Pages279-294
ISBN (Electronic)978-90-77360-23-1
Publication statusPublished - 2020
Event21st CINet conference: Practicing Continuous Innovation in Digital Ecosystems - Politecnico di Milano, Milan, Italy
Duration: 20 Sep 202022 Sep 2020
https://www.continuous-innovation.net/events/conferences/2020.html

Conference

Conference21st CINet conference
LocationPolitecnico di Milano
CountryItaly
CityMilan
Period20/09/202022/09/2020
Internet address

Keywords

  • Continuous innovation
  • Strategic alignment
  • Operational excellence
  • Sustained business performance

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