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Strategy formulation process and innovation performance nexus

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F18%3A43913291" target="_blank" >RIV/62156489:43110/18:43913291 - isvavai.cz</a>

  • Result on the web

    <a href="https://doi.org/10.18421/IJQR12.01-09" target="_blank" >https://doi.org/10.18421/IJQR12.01-09</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.18421/IJQR12.01-09" target="_blank" >10.18421/IJQR12.01-09</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Strategy formulation process and innovation performance nexus

  • Original language description

    The purpose of this study is to examine the link between strategy formulation process and innovation performance indicators in microfinance banks in Nigeria (MFBs). 100 employees of leading microfinance banks were randomly selected for this study. 80 questionnaires were returned but only 76 were found usable for the analysis. Regression analysis technique was used in examining the nature of the relationships of the variables and for hypotheses testing. The authors used exploratory factor analysis and Cronbach&apos;s alpha to test for the validity and reliability of the questionnaires. The results show that strategy formulation process has a positive effect on process innovation performance, product innovation performance and marketing innovation performance. Thus, all the three hypotheses tested were supported. The authors, therefore, concludes that a systematic strategy formulation process is necessary for firms to achieve and sustain process innovation performance, product innovation performance and marketing innovation performance. This study proposed suggestion for further studies.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database

  • CEP classification

  • OECD FORD branch

    50204 - Business and management

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2018

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    International Journal for Quality Research

  • ISSN

    1800-6450

  • e-ISSN

  • Volume of the periodical

    12

  • Issue of the periodical within the volume

    1

  • Country of publishing house

    ME - MONTENEGRO

  • Number of pages

    18

  • Pages from-to

    147-164

  • UT code for WoS article

    000428108700010

  • EID of the result in the Scopus database

    2-s2.0-85042865088