Innovation creation, innovation adoption, and firm characteristics in the construction industry
Journal of Science and Technology Policy Management
ISSN: 2053-4620
Article publication date: 7 March 2016
Abstract
Purpose
This study aims to assess the construction firm’s innovation orientation and to investigate its relationship with firm characteristics.
Design/methodology/approach
A structured survey was conducted among 105 firms in the Malaysian construction industry. The results of the factor analysis revealed two underlying dimensions of innovation, namely, innovation creation and innovation adoption. For the cluster analysis, the firms were segmented into four subgroups according to four dimensions, namely, non-innovative, innovation-creator, imitator and innovative firms.
Findings
Firm’s business scale and age significantly affected the innovation orientation of construction firms.
Originality/value
This research contributes to the existing body of knowledge by adding a new firm characteristic, business scale, as a potential predictor of firms’ innovativeness. This study is the first to explore the effect of firm characteristics on the innovation orientation of firms.
Keywords
Acknowledgements
The authors acknowledge the financial support of the Malaysian Government through the Fundamental Research Grant Scheme (FRGS) (Grant Number 203/PPBGN/6711254) and Universiti Sains Malaysia, which have made the publication of this paper possible.
Citation
Kamal, E.M., Yusof, N. and Iranmanesh, M. (2016), "Innovation creation, innovation adoption, and firm characteristics in the construction industry", Journal of Science and Technology Policy Management, Vol. 7 No. 1, pp. 43-57. https://doi.org/10.1108/JSTPM-03-2015-0011
Publisher
:Emerald Group Publishing Limited
Copyright © 2016, Emerald Group Publishing Limited