Exploring the relationship between small and medium-sized enterprises innovation and organizational performance: a prospective study on the industrial sector in Ecuador

IF 2.3 Q3 REGIONAL & URBAN PLANNING
Foresight Pub Date : 2024-09-12 DOI:10.1108/fs-10-2023-0220
Sylvia Novillo-Villegas, Wendy Anzules-Falcones, Juan Ignacio Martin-Castilla
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引用次数: 0

Abstract

Purpose

This study aims to explore the relationship between the innovation capacity and performance of manufacturing firms in the Ecuadorian pharmaceutical and chemical sectors using strategic foresight analysis.

Design/methodology/approach

From an extensive literature review, the fundamental variables related to manufacturing firms’ innovation for better performance were identified. Six hypotheses and actions were proposed related to financing, economic resources, capacities and research and development. Several scenarios were tested through foresight methodology to determine the more appropriate to be implemented by manufacturing firms over the next five years.

Findings

Scenario 01, where all the hypotheses resulted positive, has a 15.3% probability of occurrence. The results offer a relevant understanding of the behavior of the variables proposed as strategic actions for the sector.

Originality/value

To the best of the authors’ knowledge, foresight methodology is applied for the first time to analyze the manufacturing sector in Ecuador. The authors propose a plan of action from the strategic scenario identified in this study, supporting the development of the industrial sectors under study.

探索中小企业创新与组织绩效之间的关系:对厄瓜多尔工业部门的前瞻性研究
设计/方法/途径通过广泛的文献综述,确定了与制造企业创新以提高绩效相关的基本变量。提出了与融资、经济资源、能力和研发有关的六项假设和行动。通过前瞻性方法对几种情景进行了测试,以确定更适合制造业企业在未来五年内实施的情景。结果情景 01(所有假设均为正结果)发生的概率为 15.3%。据作者所知,前瞻方法首次被用于分析厄瓜多尔的制造业。作者根据本研究确定的战略方案提出了一项行动计划,以支持所研究的工业部门的发展。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Foresight
Foresight REGIONAL & URBAN PLANNING-
CiteScore
5.10
自引率
5.00%
发文量
45
期刊介绍: ■Social, political and economic science ■Sustainable development ■Horizon scanning ■Scientific and Technological Change and its implications for society and policy ■Management of Uncertainty, Complexity and Risk ■Foresight methodology, tools and techniques
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