This study aims to identify and analyze the influence of environmental management accounting on future performance with innovation as an intervening. Innovation is one strategy to produce a competitive advantage. With the competitive advantage achieved, corporate performance is expected to be increased. However, companies are expected to implement a strategy that not only emphasizes business continuity, but also can carry out its business process with the concept of sustainable development. Using 122 manufacturing companies which are listed in Indonesian Stock Exchange, this study tests the hypotheses using path analysis. The paper provides empirical insights about how environmental management accounting does not affect future performance while innovation can mediate the effect of environmental management accounting on future performance.
One of the most essential strategic resources of the company is the knowledge that is used and developed within the company, creating innovations, and can be transferred among other companies, organizations, industrial sectors, and countries. The key reason for this spill over is the vulnerability of knowledge transfer channels. Knowledge is quickly transmitted through the media, scientific publications, reverse engineering, R&D cooperation, interaction between staff of various firms, companies, and organizations. In addition, knowledge cannot fully belong to the organization. R&D spillovers have a positive impact on innovation development; promote access to knowledge and its dissemination on a non-profit basis which enhances R&D cooperation between different economic entities, organizations, countries in the field of innovation diffusion. The contribution of R&D spillovers to achieving innovation development, the relationship between knowledge spillovers, innovation and R&D cooperation have been thoroughly examined. Differences between knowledge spillovers, knowledge transfers, and knowledge externalities have been identified. Types of R&D spillovers and levels of knowledge spillovers have been considered. Mechanism and theories of knowledge spillovers and local competition have been analysed. Comparative, systematic and critical analysis of scientific literature has been used in order to create the theoretical background for research of R&D spillovers and their impact on innovation development and economic growth.
The scientific literature points out that cooperation increases the capability of an enterprise to engage in innovative activities. Besides, due to a change in the concept of regional development, much greater focus in growth in territories is placed on human capital, and the essential role of education and knowledge in innovation is stressed as well. Sustainable innovation is not only an economic category, and it mainly involves a social process where cooperation plays a great role. The research aim of the paper is to assess cooperation as a factor influencing sustainable innovation in the regional aspect based on the case of the bioeconomy industry in Latvia. The development of the bioeconomy represents transition from fossil to renewable sources, and it encompasses important industries of the economies of the regions of Latvia: forestry and agriculture. In Latvia, bioeconomy industry enterprises were quite cautious in their innovative activity and mainly focused on existing innovations that they adapted to their needs, and their innovative activity was observed only within their region. A positive fact is that most of the enterprises highly rated their cooperation with scientific and research institutions in developing innovations. The promotion of cooperation is one of the objectives that specialists of the Entrepreneurship Centres of the planning regions of Latvia have to deal with, yet their capacity is not sufficient for the promotion of cooperation among innovative enterprises in the region in the context of sustainability.
Since the mid-1990s, enterprise resource plannig (ERP) information systems have been installed in thousands of companies worldwide. A growing number of studies and research papers show that information systems have a significant role in the sustainable economic development assuring economic competitiveness. Modern enterprise performance management shares a strong strategic and sustainable orientation of management focused on further strategic growth and business development with parallel use of information and all highly sophisticated knowledge resulting from modern enterprise information technology. The paper focuses on research findings related to information processes and their impact on overall entrepreneurship performance. The most important results show that the companies from the selected industrial segments in Slovakia have a strong focus on the application of innovation procedures and specific business information systems. The results bring the findings that business intelligence (BI) is based on information and knowledge with a high added value has a positive long-term and sustainable effect on the overall entrepreneurship performance. By application of selected management tools such as ERP, BI information systems and others, it can be achieved a higher entrepreneurship performance of industry companies in Slovakia and EU. We believe that our study presented in this paper contributes to explore a new dimension to the existing view on business information systems in industrial companies. More detailed research results are presented in this paper.
This paper is based on case studies research focusing on innovative ambidexterity as well as on the concept of dynamic capabilities. The aim of the paper is to identify a similarities and connect these two approaches. The analysis is centered on the exploration and exploitation activities which then are compiled into dynamic capabilities leading to innovations. The findings in the paper demonstrate that the somewhat elusive concept of dynamic capabilities can be untangled through the use of exploration and exploitation activities. The dynamic capabilities and the associated innovative ambidexterity create flows of innovative products and services that in turn lead toward the creation of sustained competitive advantages. The paper demonstrates that the existing research on innovative ambidexterity activities can be a key contributor to increasing our understanding of dynamic capabilities. This finding is valuable for both researchers and practitioners.
Regional economic performance is positively linked to entrepreneurship capital because it creates new direction for public policy that focuses on instruments to enhance entrepreneurship capital. However, studies related to Entrepreneurship and Innovation had somewhat established a disadvantage position for knowledge-intensive enterprises located in rural area.
The EU Smart Specialization approach supports the promotion of innovation activities in regions and embraces the concept of open innovation, not just investment in R&D but a system approach that exploits complementarities, promises high potential, are new and aimed at experimenting and discovering technological and market opportunities that can provide learning spill overs to other economy.
This paper present a case study of an Estonian production company for Maritime function wear. This example reveals that despite the fact that the company’s headquarters is located in Western Estonia countryside (peripheral part of Europe and rural part of the country) an enterprise can gain the position of an international market leader based on inter-regional operations. The discussed model highlights how high – tech enterprises can benefit from different smart specialization strategies in different regions by implementing organizational innovation strategies. The underlying business concept and its related success factors, exhibits strong affinities with the concept of smart production and logistics in relationship with fractal enterprises, paved way for a sustainable development and demonstrated that even in rural areas high – tech entrepreneurship can be successfully implemented.
The paper aims to study how coaching can accelerate the innovation processes in organization considering the peculiar issues of the use of coaching in Latvia and Lithuania. For this purpose, literature review and a qualitative dominated mixed method approach to obtain and analyze the data are implemented. A literature review was undertaken to find out the current trends in the theory and practice of coaching in the context of innovation and organizational change. The findings of the literature review are compared with the results of two surveys. The aim of the first survey is to explore the experts’ opinion about the manifestation of coaching in organization. The aim of the second survey is to find out the importance of conditions to promote coaching in organisational context. The results of literature review and surveys demonstrate that coaching can accelerate the leadership development, strategic thinking and collaboration within and across teams. These processes are crucial for organization’s innovation capabilities.