Innovation capability: A critical review of its role in determining firm performance

The recognition of innovation capability as a key success factor in an increasingly competitive, global economy has laid the groundwork to explore new practices of management.Innovation capability is the ability of a firm to transform an idea into a something new which carries an economic value.The...

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Bibliographic Details
Main Authors: Noordin, Muhammad Arafat, Mohtar, Shahimi
Format: Article
Language:English
Published: The International Journal Research Publications Pte. Ltd 2013
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Online Access:http://repo.uum.edu.my/11856/1/7.pdf
http://repo.uum.edu.my/11856/
https://www.theinternationaljournal.org/ojs/full/vol03no04_rjssm.pdf
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Summary:The recognition of innovation capability as a key success factor in an increasingly competitive, global economy has laid the groundwork to explore new practices of management.Innovation capability is the ability of a firm to transform an idea into a something new which carries an economic value.The economic value would then increase profit and consequently firm performance.However, prior empirical study on innovation capability does not provide conclusive evidence regarding the relationship between innovation capability and firm performance. This paper tends to explore the conflicting results that link between the two variables.