Influence of diagnostic and dynamic capabilities on frugal innovation development: An empirical study of the Thai auto parts industry

IF 5.5 Q1 MANAGEMENT

Asia Pacific Management Review Pub Date : 2023-06-01 DOI:10.1016/j.apmrv.2022.10.001

Kritsakorn Jiraphanumes, Somnuk Aujirapongpan, Yaninee Songkajorn

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引用次数: 1

Abstract

Cost management is the strategy of planning and controlling the costs associated with operating a business. The frugal innovation (FI) approach is therefore interesting because it is a way to reduce costs while innovating without requiring a high level of investments in capital, technology, and skills. Therefore, to understand the mechanism of FI development, this research aims to study the relationships and influences among the diagnostic capabilities (DiC), dynamic capabilities (DyC), and frugal process innovation (FPI) of Thai small and medium-sized enterprises (SMEs), which require a cost strategy to stay in the highly competitive auto parts industry. Causal research was conducted through surveys using questionnaires for data collection. Respondents were chief executive officers (CEOs), engineers, and senior technicians in their respective companies. Partial least squares-structural equation modeling (PLS-SEM) was used to assess the structural models and verify the research hypotheses. The findings revealed significant influences among three pairs of constructs: (1) DiC has a positive effect on DyC, (2) DyC has a positive effect on FPI, and (3) DiC has a positive effect on FPI. Accordingly, the results of this research reveal a guideline for FI development by creating DiC and improving organizational DyC. These notions improve organizational preparation for unexpected situations in the future.

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诊断能力和动态能力对节约型创新发展的影响:泰国汽车零部件行业的实证研究

成本管理是计划和控制与经营业务相关的成本的策略。因此，节约型创新(FI)方法很有趣，因为它是一种在创新的同时降低成本的方法，而不需要在资本、技术和技能方面进行高水平的投资。因此，为了理解FI发展的机制，本研究旨在研究泰国中小企业的诊断能力(DiC)、动态能力(DyC)和节俭过程创新(FPI)之间的关系和影响，这些企业需要成本战略才能在竞争激烈的汽车零部件行业中生存。因果研究采用问卷调查的方式进行，收集数据。受访者是各自公司的首席执行官(ceo)、工程师和高级技术人员。采用偏最小二乘-结构方程模型(PLS-SEM)对结构模型进行评估，并对研究假设进行验证。研究结果表明，三对构念之间存在显著影响:(1)DiC对DyC有正向影响，(2)DyC对FPI有正向影响，(3)DiC对FPI有正向影响。因此，本研究的结果揭示了通过创建DiC和改善组织DyC来发展FI的指导方针。这些概念提高了组织对未来意外情况的准备。

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

Asia Pacific Management Review MANAGEMENT-

CiteScore

8.00

自引率

4.50%

发文量

期刊介绍： Asia Pacific Management Review (APMR), peer-reviewed and published quarterly, pursues to publish original and high quality research articles and notes that contribute to build empirical and theoretical understanding for concerning strategy and management aspects in business and activities. Meanwhile, we also seek to publish short communications and opinions addressing issues of current concern to managers in regards to within and between the Asia-Pacific region. The covered domains but not limited to, such as accounting, finance, marketing, decision analysis and operation management, human resource management, information management, international business management, logistic and supply chain management, quantitative and research methods, strategic and business management, and tourism management, are suitable for publication in the APMR.