A model for examining the effects of communication on innovation performance: emphasis on the intermediary role of strategic decision-making speed. Issue 3 (15th June 2020)

• Record Type: Journal Article
• Authors: Rahimnia, Fariborz; Molavi, Homa
• Is Part Of: European journal of innovation management. Volume 24:Issue 3(2021)
• Page Start: 1035
• Page End: 1056
• Publication Date: 2020-06-15
• Subjects: Communication -- Strategic decision-making -- Innovation -- Innovation performance -- Decision speed -- Strategic decision-making speed -- Strategic management; Technological innovations -- Periodicals; Technological innovations -- Europe -- Periodicals; Diffusion of innovations -- Periodicals; Research, Industrial -- Periodicals; 658.4062
• DOI: 10.1108/EJIM-10-2019-0293
• Languages: English
• ISSNs: 1460-1060

Abstract

Abstract : Purpose: In recent years, rapid changes in the economic situation and high levels of competition have increased the need for innovation in order to gain success. In such circumstances, organizational strategists are considered as critical in determining the success or failure of organizations. Using innovation in various aspects of organizational operations is the most important factor to achieve sustainable competitive advantages in industry. As a result, analyzing the effective factors involved in promoting the efficiency of innovative activities in the organization and ways of achieving it are of utmost importance. Thus, this paper examines the relationship between communication and innovation performance with respect to the intermediary role of strategic decision-making process speed. Design/methodology/approach: The present study has used quantitative methodology and questionnaire to collect data from 450 managers and members who are involved in the decision-making process in 150 companies operating in the food-industry sector. Data analysis was done by using structural equation modeling and AMOS software. Findings: The results of the data analysis suggest that communication and strategic decision-making speed possess a significant positive impact on innovation performance. Also, strategic decision-making speed has sufficiently played the intermediary role between communication and innovation performance. Originality/value: This survey specifies the effects of communication on the success of making fast strategic decision and innovation performance which aid Iranian food companies to tackle one of the managerial challenges: postponing strategic decisions due to lack of efficient communication to get information. In addition, to the best of the authors' knowledge, this essay is a first in Iran.