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'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
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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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
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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