Regulation, Incentives And Government Policy: How Does It Stimulate R&d Engineers' Innovative Behaviours In Malaysian Biotechnology Smes?
This study seeks to examine the relationship between regulation, incentives and government policy to R&D (research and development) engineers' innovative behaviour in Malaysia biotechnology SMEs. This research is empirical study where survey data was drawn from 218 R&D engineers in b...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Asian Academy of Management (AAM)
2016
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| Subjects: | |
| Online Access: | http://eprints.usm.my/36690/1/aamj21s12016_3.pdf http://eprints.usm.my/36690/ http://web.usm.my/aamj/21s12016/aamj21s12016_3.pdf |
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| Summary: | This study seeks to examine the relationship between regulation, incentives and government
policy to R&D (research and development) engineers' innovative behaviour in Malaysia
biotechnology SMEs. This research is empirical study where survey data was drawn from
218 R&D engineers in biotechnology SMEs in Malaysia. The data were analysed using
SmartPLS which is Structural Equation Modelling (SEM) tool. The result unfolds that
government policy is positively and signifcantly associated with innovative behaviour.
Nevertheless, regulation was found signifcant to innovative behaviour but demonstrates
negative magnitude. On the other hand, incentives was insignifcant to innovative
behaviour. This in turn suggests that government policy is critical to foster innovative
behaviour whereby the regulation enforcement that indicates disequilibrium possess
by higher compliance cost be a disincentive for the R&D engineers to act innovatively.
Contradict to previous studies, the insignifcant relationship between incentives and
individual innovative behaviour, possibly influence by lack of coordination, monitoring
and vetting system with regards to the incentives distribution. |
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