Skip to main content

Management Innovation and Competitive Success in Peruvian Companies of the Manufacturing Sector

  • Conference paper
  • First Online:
Trends in Artificial Intelligence and Computer Engineering (ICAETT 2022)

Abstract

Innovation seeks to establish organizational strategies to maximize the use of resources that contribute to the proper development of a company. This study identifies the relationship between management innovation and the competitive success of companies in the manufacturing sector in southern Peru. From the quantitative paradigm, of correlative type, a sample was taken, by means of a survey, of managers of 37 companies located in the manufacturing sector. Positive correlations were identified between business competitiveness with product innovation (r = .776), process innovation (r = .779), marketing innovation (r = .556) and organizational innovation with business competitive success (r = .605). It is concluded that the study variables achieve a positive and moderate correlation index (r = .783).

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 189.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 249.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Lee, S.-B.: An analysis on success factors and importance of six sigma innovation in small and medium venture companies. J. Korea Acad.-Ind. Cooperation Soc. 19(5), 527–536 (2018)

    Google Scholar 

  2. Law, K., Lau, M.Y., Ip, W.H.: What drives success in product innovation? Empirical evidence in high-tech and low-tech manufacturers in China. Int. J. Technol. Manage. 79(2), 165–198 (2019)

    Article  Google Scholar 

  3. Ritter, T., Gemunden, H.G.: The impact of a company’s business strategy on its technological competence, network competence and innovation success. J. Bus. Res. 57(5), 548–556 (2004)

    Article  Google Scholar 

  4. Skvirskaja, V.: ‘Russian merchant’ legacies in post-Soviet trade with China: moral economy, economic success and business innovation in Yiwu. Hist. Anthropol. 29, S48–S66 (2018)

    Article  Google Scholar 

  5. Schuh, G., Arnoscht, J., Rudolf, S., Riesener, M., Wissel, S.: Lean innovation – critical success factors for medium-sized pharmaceutical companies. Pharmazeutische Industrie 75(1), 131-+ (2013)

    Google Scholar 

  6. Livingstone, P.: A strategic balance commercial success for high-technology companies never occurs without a strong commitment to research and innovation. R&D Mag. 55(6), 12–16 (2013)

    Google Scholar 

  7. Marullo, C., Casprini, E., Di Minin, A., Piccaluga, A.: ‘Ready for Take-off’: how open innovation influences startup success. Creativity Innov. Manage. 27(4), 476–488 (2018)

    Article  Google Scholar 

  8. OSLO: Manual de OSLO Directrices para la recogida e interpretación de información relativa a innovación. OECD y Eurostat, Madrid, España (2005)

    Google Scholar 

  9. Kant, A.: Innovation as a success factor for the companies in the paper industry. Wochenblatt Fur Papierfabrikation 145(12), 790-+ (2017)

    Google Scholar 

  10. Braga, R.M.: The success of the innovation process is in the integration of academy, company and government. Humanidades Inovacao 5(2), 9–21 (2018)

    Google Scholar 

  11. Demirdogen, G., Isik, Z.: Effect of internal capabilities on success of construction company innovation and technology transfer. Tehnicki Vjesnik-Technical Gazette 23(6), 1763–1770 (2016)

    Google Scholar 

  12. Hsiao, Y.-C., Hsu, Z.-X.: Firm-specific advantages-product innovation capability complementarities and innovation success: a core competency approach. Technol. Soc. 55, 78–84 (2018)

    Article  Google Scholar 

  13. Dickinson, S.L.J.: Fear of de-facto price controls forcing cuts in biotech innovation, officials say – with health-care reform proposals threatening financial prospects, firms are shelving projects, laying off researchers. Scientist 8(7), 1–000 (1994)

    Google Scholar 

  14. Garcia-Muina, F.E., Pelechano-Barahona, E., Navas-Lopez, J.E.: Knowledge codification and technological innovation success: empirical evidence from Spanish biotech companies. Technol. Forecast. Soc. Chang. 76(1), 141–153 (2009)

    Article  Google Scholar 

  15. Zhou, M., Leenders, M.A.A.M., Cong, L.M.: Ownership in the virtual world and the implications for long-term user innovation success. Technovation 78, 56–65 (2018)

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Aleixandre Brian Duche-Pérez .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2023 The Author(s), under exclusive license to Springer Nature Switzerland AG

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Valencia-Durand, R.A., Duche-Pérez, A.B., Vera-Revilla, C.Y., Gutiérrez-Aguilar, O.A., Jaime-Zavala, M.K., Rivas Plata, A.M. (2023). Management Innovation and Competitive Success in Peruvian Companies of the Manufacturing Sector. In: Botto-Tobar, M., Gómez, O.S., Rosero Miranda, R., Díaz Cadena, A., Luna-Encalada, W. (eds) Trends in Artificial Intelligence and Computer Engineering. ICAETT 2022. Lecture Notes in Networks and Systems, vol 619. Springer, Cham. https://doi.org/10.1007/978-3-031-25942-5_32

Download citation

Publish with us

Policies and ethics