Innovation in times of crisis: a systematic literature review

Substantiation of innovativeness of firms in times of crisis and identification of factors that can restrain or stimulate the innovative activity of companies. Ways to improve the effectiveness of innovation during the crisis, the main strategies at the l

Рубрика Менеджмент и трудовые отношения
Вид статья
Язык английский
Дата добавления 03.05.2023
Размер файла 616,1 K

Отправить свою хорошую работу в базу знаний просто. Используйте форму, расположенную ниже

Студенты, аспиранты, молодые ученые, использующие базу знаний в своей учебе и работе, будут вам очень благодарны.

22. Burgelman R.A., Valikangas L. 2005. Managing internal corporate venturing cycles. MIT Sloan Management Review 46 (4): 26.

23. Busom I., Velez-Ospina J.A. 2021. Subsidising innovation over the business cycle. Industry and Innovation 28 (6): 773-803.

24. Cefis E., Marsili O. 2019. Good times, bad times: Innovation and survival over the business cycle. Industrial and Corporate Change 28 (3): 565-587.

25. Cerrato D., Alessandri T., Depperu D. 2016. Economic crisis, acquisitions and firm performance. Long Range Planning 49 (2): 171-185.

26. Chesbrough H.W. 2003. Open Innovation: The New Imperative for Creating and Profiting from Technology. Boston, MA: Harvard Business Press.

27. Colombo M.G., Piva E., Quas A., Rossi-Lamastra C. 2016. How high-tech entrepreneurial ventures cope with the global crisis: Changes in product innovation and internationalization strategies. Industry and Innovation 23 (7): 647-671.

28. Colombo M.G., Piva E., Quas A., Rossi-Lamastra C. 2021. Dynamic capabilities and high-tech entrepreneurial ventures' performance in the aftermath of an environmental jolt. Long Range Planning 54 (3): 102026.

29. Cooper R.G. 2021. Accelerating innovation: Some lessons from the pandemic. Journal of Product Innovation Management38 (2): 221-232.

30. Cowling M., Liu W., Ledger A. 2012. Small business financing in the UK before and during the current financial crisis. International Small Business Journal30 (7): 778-800.

31. D'Agostino L.M., Moreno R. 2018. Exploration during turbulent times: An analysis of the relation between cooperation in innovation activities and radical innovation performance during the economic crisis. Industrial and Corporate Change27 (2): 387-412.

32. Damanpour F. 1987. The adoption of technological, administrative, and ancillary innovations: Impact of organizational factors. Journal of Management13 (4): 675-688.

33. Dimitropoulos P.E. 2020. R&D investments and profitability during the crisis: Evidence from Greece. R&D Management 50 (5): 587-598.

34. Doern R., Williams N., Vorley T. 2019. Special issue on entrepreneurship and crises: Business as usual? An introduction and review of the literature. Entrepreneurship&Regional Development31 (5-6): 400-412.

35. Dobrzanski P. 2018. Innovation expenditures efficiency in central and eastern European countries. Zbornik radova Ekonomskog fakulteta u Rijeci: casopis za ekonomsku teoriju i praksu36 (2): 827-859.

36. Ebersberger B., Kuckertz A. 2021. Hop to it! The impact of organization type on innovation response time to the COVID-19 crisis. Journal of Business Research124: 126-135.

37. Fan D., Rao-Nicholson R., Su Y. 2020. When tough get going: Performance of R&D in the adverse economic conditions. Long Range Planning 53 (3): 101867.

38. Filippetti A., Archibugi D. 2011. Innovation in times of crisis: National Systems of Innovation, structure, and demand. Research Policy40 (2): 179-192.

39. Freeman C., Clark J., Soete L. 1982. Unemployment and Technical Innovation. London: Frances Pinter.

40. Freeman R., Freeman C., Freeman S. (1987). Technology, Policy, and Economic Performance: Lessons from Japan. Burns & Oates.

41. Gang K.W., Choi B. 2019. Impact of Korean pro-market reforms on firm innovation strategies. Technology Analysis&Strategic Management31 (7): 848-861.

42. Ghauri P.N., Park B.I. 2012. The impact of turbulent events on knowledge acquisition. Management International Review 52 (2): 293-315.

43. Gibson C.B., Birkinshaw J. 2004. The antecedents, consequences, and mediating role of organizational ambidexterity. Academy of Management Journal 47 (2): 209-226.

44. Giebel M., Kraft K. 2019. The impact of the financial crisis on capital investments in innovative firms. Industrial and Corporate Change 28 (5): 1079-1099.

45. Giebel M., Kraft K. 2020. Bank credit supply and firm innovation behaviour in the financial crisis. Journal of Banking&Finance121: 105961.

46. Grewal R., Tansuhaj P. 2001. Building organizational capabilities for managing economic crisis: The role of market orientation and strategic flexibility. Journal of marketing 65 (2): 67-80.

47. Hansen N.K., Guttel W.H., Swart J. 2019. HRM in dynamic environments: Exploitative, exploratory, and ambidextrous HR architectures. The International Journal of Human Resource Management 30 (4): 648-679.

48. Hall B.H. 2005. The financing of innovation. In: Scott Shane. The Oxford Review of Economic Policy. The Handbook of Technology and Innovation Management. John Wiley & Sons; 409-430.

49. Hall P.A., Soskice D. 2003. Varieties of capitalism and institutional change: A response to three critics. Comparative European Politics 1 (2): 241-250.

50. Hausman A., Johnston W.J. 2014. The role of innovation in driving the economy: Lessons from the global financial crisis. Journal of Business Research 67 (1): 2720-2726.

51. He Z.L., Wong P.K. 2004. Exploration vs. exploitation: An empirical test of the ambidexterity hypothesis. Organization science 15 (4): 481-494.

52. Howells J. 2000. Innovation&Services: New Conceptual Frameworks. Manchester, UK: Centre for Research on Innovation and Competition, The University of Manchester.

53. Hud M., Hussinger K. 2015. The impact of R&D subsidies during the crisis. Research Policy 44 (10): 1844-1855.

54. Iborra M., Safon V., Dolz C. 2020. What explains the resilience of SMEs? Ambidexterity capability and strategic consistency. Long Range Planning 53 (6): 101947.

55. Jansen J.J., Van Den Bosch F.A., Volberda H.W. 2006. Exploratory innovation, exploitative innovation, and performance: Effects of organizational antecedents and environmental moderators. Management Science 52 (11): 1661-1674.

56. Jung H., Hwang J., Kim B.K. 2018. Does R&D investment increase SME survival during a recession? Technological Forecasting and Social Change 137: 190-198.

57. Kapetaniou C., Samdanis M., Lee S.H. 2018. Innovation policies of Cyprus during the global economic crisis: Aligning financial institutions with National Innovation System. Technological Forecasting and Social Change 133: 29-40.

58. Kastrinos N. 2013. The financial crisis and Greek R&D policy from a Schumpeterian perspective. Science and Public Policy 40 (6): 779-791.

59. Klein V.B., Todesco J.L. 2021. COVID-19 crisis and SMEs responses: The role of digital transformation. Knowledge and Process Management 28 (2): 117-133.

60. Klepper S. 1996. Entry, exit, growth, and innovation over the product life cycle. The American Economic Review 86 (3): 562-583.

61. Klyver K., Nielsen S.L. 2021. Which crisis strategies are (expectedly) effective among SMEs during COVID-19? Journal of Business Venturing Insights 16: e00273.

62. Knudsen E.S., Lien L.B. 2015. Hire, fire, or train: Innovation and human capital responses to recessions. Strategic Entrepreneurship Journal 9 (4): 313-330.

63. Krammer S.M. 2022. Navigating the New Normal: Which firms have adapted better to the COVID-19 disruption? Technovation 110 (February): 102368.

64. Laperche B., Lefebvre G., Langlet D. 2011. Innovation strategies of industrial groups in the global crisis: Rationalization and new paths. Technological Forecasting and Social Change 78 (8): 1319-1331.

65. Lavie D., Stettner U., Tushman M.L. 2010. Exploration and exploitation within and across organizations. Academy of Management Annals 4 (1): 109-155.

66. Lee N., Sameen H., Cowling M. 2015. Access to finance for innovative SMEs since the financial crisis. Research Policy 44 (2): 370-380.

67. Levinthal D.A., March J.G. 1993. The myopia of learning. Strategic Management Journal 14 (S2): 95-112.

68. Li K., Rollins J., Yan E. 2018. Web of Science use in published research and review papers 1997-2017: A selective, dynamic, cross-domain, content-based analysis. Scientometrics 115 (1): 1-20.

69. Liberati A., Altman D.G., Tetzlaff J., Mulrow C., Gotzsche P.C., Ioannidis J.P., Moher D. 2009. The PRISMA statement for reporting systematic reviews and meta-analyses of studies that evaluate health care interventions: Explanation and elaboration. Journal of Clinical Epidemiology 62 (10): e1-e34.

70. Lichtenthaler U. 2009. Absorptive capacity, environmental turbulence, and the complementarity of organizational learning processes. Academy of Management Journal 52 (4): 822-846.

71. Madrid-Guijarro A., Garcia-Perez-de-Lema D., Van Auken H. 2013. An investigation of Spanish SME innovation during different economic conditions. Journal of Small Business Management 51 (4): 578-601.

72. Makkonen T. 2013. Government science and technology budgets in times of crisis. Research Policy 42 (3): 817-822.

73. Makkonen H., Pohjola M., Olkkonen R., Koponen A. 2014. Dynamic capabilities and firm performance in a financial crisis. Journal of Business Research 67 (1): 2707-2719.

74. Malerba F., Orsenigo L. 2000. Knowledge, innovative activities and industrial evolution. Industrial and Corporate Change 9 (2): 289-314.

75. Malik A., Sinha P., Pereira V., Rowley C. 2019. Implementing global-local strategies in a post-GFC era: Creating an ambidextrous context through strategic choice and HRM. Journal of Business Research 103: 557-569.

76. Manez J.A., Rochina-Barrachina M.E., Sanchis-Llopis J.A., Vicente O. 2014. Financial constraints and R&D and exporting strategies for Spanish manufacturing firms. Industrial and Corporate Change 23 (6): 1563-1594.

77. Martin-Rios C., Parga-Dans E. 2016. Service response to economic decline: Innovation actions for achieving strategic renewal. Journal of Business Research 69 (8): 2890-2900.

78. Martin-Rios C., Pasamar S. 2018. Service innovation in times of economic crisis: The strategic adaptation activities of the top EU service firms. R&D Management 48 (2): 195-209.

79. Martinez M.G., Zouaghi F., Marco T.G., Robinson C. 2019. What drives business failure? Exploring the role of internal and external knowledge capabilities during the global financial crisis. Journal of Business Research 98: 441-449.

80. Mazzucato M. 2013. Financing innovation: Creative destruction vs. destructive creation. Industrial and Corporate Change 22 (4): 851-867.

81. McKinley W., Latham S., Braun M. 2014. Organizational decline and innovation: Turnarounds and downward spirals. Academy of Management Review 39 (1): 88-110.

82. Melnychuk T., Schultz C., Wirsich A. 2021. The effects of university-industry collaboration in pre - clinical research on pharmaceutical firms' R&D performance: Absorptive capacity's role. Journal of Product Innovation Management 38 (3): 1-24.

83. Naidoo V. 2010. Firm survival through a crisis: The influence of market orientation, marketing innovation and business strategy. Industrial Marketing Management 39 (8): 1311-1320.

84. Nemlioglu I., Mallick S.K. 2017. Do managerial practices matter in innovation and firm performance relations? New evidence from the UK. European Financial Management 23 (5): 1016-1061.

85. Nemlioglu I., Mallick S.K. 2020. Do innovation-intensive firms mitigate their valuation uncertainty during bad times? Journal of Economic Behaviour&Organization 177: 913-940.

86. Ngo L.V., Bucic T., Sinha A., Lu V.N. 2019. Effective sense-and-respond strategies: Mediating roles of exploratory and exploitative innovation. Journal of Business Research 94: 154-161.

87. Nieto M.J., Santamaria L. 2010. Technological collaboration: Bridging the innovation gap between small and large firms. Journal of Small Business Management 48 (1): 44-69.

88. OECD. 1999. OECD Economic Surveys 1999 Korea. Paris: Organisation for Economic Co-operation and Development.

89. Osiyevskyy O., Shirokova G., Ritala P. 2020. Exploration and exploitation in crisis environment: Implications for level and variability of firm performance. Journal of Business Research 114: 227-239.

90. Papadopoulos T., Stamati T., Nikolaidou M., Anagnostopoulos D. 2013. From open source to open innovation practices: A case in the Greek context in light of the debt crisis. Technological Forecasting and Social Change 80 (6): 1232-1246.

91. Paunov C. 2012. The global crisis and firms' investments in innovation. Research Policy 41 (1): 24-35.

92. Petrakis P.E., Kostis P.C., Valsamis D.G. 2015. Innovation and competitiveness: Culture as a longterm strategic instrument during the European Great Recession. Journal of Business Research 68 (7): 1436-1438.

93. Prajogo D.I., Ahmed P.K. 2006. Relationships between innovation stimulus, innovation capacity, and innovation performance. R&D Management 36 (5): 499-515.

94. Quintane E., Casselman R.M., Reiche B.S., Nylund P.A. 2011. Innovation as a knowledge-based outcome. Journal of Knowledge Management.

95. Sharif M.N. 2012. Technological innovation governance for winning the future. Technological Forecasting and Social Change 79 (3): 595-604.

96. Schiantarelli F., Sembenelli A. 2000. Form of ownership and financial constraints: Panel data evidence from flow of funds and investment equations. Empirica 27 (2): 175-192.

97. Schot J., Steinmueller W.E. 2018. Three frames for innovation policy: R&D, systems of innovation and transformative change. Research Policy 47 (9): 1554-1567.

98. Schumpeter J.A. 1939. Business Cycle: A Theoretical, Historical and Statistical Analysis of the Capitalist Process. New York: McGraw-Hill.

99. Schumpeter J.A. 1942. Capitalism, Socialism and Democracy. New York: Harper.

100. Scholer L., Skiera B., Tellis G.J. 2014. Stock market returns to financial innovations before and during the financial crisis in the United States and Europe. Journal of Product Innovation Management 31 (5): 973-986.

101. Snyder H. 2019. Literature review as a research methodology: An overview and guidelines. Journal of Business Research 104: 333-339.

102. Stettner U., Lavie D. 2014. Ambidexterity under scrutiny: Exploration and exploitation via internal organization, alliances, and acquisitions. Strategic Management Journal 35 (13): 1903-1929.

103. Subramanian A., Nilakanta S. 1996. Organizational innovativeness: Exploring the relationship between organizational determinants of innovation, types of innovations, and measures of organizational performance. Omega 24 (6): 631-647.

104. Tranfield D., Denyer D., Smart P. 2003. Towards a methodology for developing evidence-informed management knowledge by means of systematic review. British Journal of Management 14 (3): 207-222.

105. Tushman M.L., O'Reilly III C.A. 1996. Ambidextrous organizations: Managing evolutionary and revolutionary change. California Management Review 38 (4): 8-29.

106. Umemura M. 2014. Crisis and change in the system of innovation: The Japanese pharmaceutical industry during the lost decades, 1990-2010. Business History 56 (5): 816-844.

107. Walrave B., Romme A.G.L., Van Oorschot K.E., Langerak F. 2017. Managerial attention to exploitation versus exploration: Toward a dynamic perspective on ambidexterity. Industrial and Corporate Change 26 (6): 1145-1160.

108. Weaven S., Quach S., Thaichon P., Frazer L., Billot K., Grace D. 2021. Surviving an economic downturn: Dynamic capabilities of SMEs. Journal of Business Research 128: 109-123.

109. Wenzel M., Stanske S., Lieberman M.B. 2020. Strategic responses to crisis. Strategic Management Journal 41: V7-V18.

110. Xia T., Dimov D. 2019. Alliances and survival of new biopharmaceutical ventures in the wake of the global financial crisis. Journal of Small Business Management 57 (2): 362-385.

111. Yamashita N. 2021. Economic crisis and innovation capacity of Japan: Evidence from cross-country patent citations. Technovation 101: 102208.

112. Zagelmeyer S., Heckmann M., Kettner A. 2012. Management responses to the global financial crisis in Germany: Adjustment mechanisms at establishment level. The International Journal of Human Resource Management 23 (16): 3355-3374.

113. Zahra S.A., Bogner W.C. 2000. Technology strategy and software new ventures' performance: Exploring the moderating effect of the competitive environment. Journal of Business Venturing 15 (2): 135-173.

114. Zajac E.J., Kraatz M.S., Bresser R.K. 2000. Modeling the dynamics of strategic fit: A normative approach to strategic change. Strategic Management Journal 21 (4): 429-453.

115. Zouaghi F., Sanchez M., Martinez M.G. 2018. Did the global financial crisis impact firms' innovation performance? The role of internal and external knowledge capabilities in high and low tech industries. Technological Forecasting and Social Change 132: 92-104.

Размещено на Allbest.ru


Подобные документы

  • The concept and features of bankruptcy. Methods prevent bankruptcy of Russian small businesses. General characteristics of crisis management. Calculating the probability of bankruptcy discriminant function in the example of "Kirov Plant "Mayak".

    курсовая работа [74,5 K], добавлен 18.05.2015

  • Понятия "Crisis management" и кризисных технологий. Кризисы. Составные компоненты СМ. Возможности. Технологии PR в конкурентной борьбе. Информационные и рекламные войны. Черный PR и негативные технологии. Манипулирование. Иллюстрации кризисных технологий.

    курсовая работа [40,1 K], добавлен 07.08.2005

  • The concept of transnational companies. Finding ways to improve production efficiency. International money and capital markets. The difference between Eurodollar deposits and ordinary deposit in the United States. The budget in multinational companies.

    курсовая работа [34,2 K], добавлен 13.04.2013

  • Critical literature review. Apparel industry overview: Porter’s Five Forces framework, PESTLE, competitors analysis, key success factors of the industry. Bershka’s business model. Integration-responsiveness framework. Critical evaluation of chosen issue.

    контрольная работа [29,1 K], добавлен 04.10.2014

  • The main idea of Corporate Social Responsibility (CSR). History of CSR. Types of CSR. Profitability of CSR. Friedman’s Approach. Carroll’s Approach to CSR. Measuring of CRS. Determining factors for CSR. Increase of investment appeal of the companies.

    реферат [98,0 K], добавлен 11.11.2014

  • Impact of globalization on the way organizations conduct their businesses overseas, in the light of increased outsourcing. The strategies adopted by General Electric. Offshore Outsourcing Business Models. Factors for affect the success of the outsourcing.

    реферат [32,3 K], добавлен 13.10.2011

  • Evaluation of urban public transport system in Indonesia, the possibility of its effective development. Analysis of influence factors by using the Ishikawa Cause and Effect diagram and also the use of Pareto analysis. Using business process reengineering.

    контрольная работа [398,2 K], добавлен 21.04.2014

  • Milestones and direction of historical development in Germany, its current status and value in the world. The main rules and principles of business negotiations. Etiquette in management of German companies. The approaches to the formation of management.

    презентация [7,8 M], добавлен 26.05.2015

  • Considerable role of the employees of the service providing company. Human resource policies. Three strategies that can hire the right employees. Main steps in measure internal service quality. Example of the service profit chain into the enterprise.

    презентация [338,7 K], добавлен 18.01.2015

  • The primary goals and principles of asset management companies. The return of bank loans. Funds that are used as a working capital. Management perfection by material resources. Planning of purchases of necessary materials. Uses of modern warehouses.

    реферат [14,4 K], добавлен 13.05.2013

Работы в архивах красиво оформлены согласно требованиям ВУЗов и содержат рисунки, диаграммы, формулы и т.д.
PPT, PPTX и PDF-файлы представлены только в архивах.
Рекомендуем скачать работу.