Proceedings of the 1st International Conference of Management and Business (ICoMB 2022)

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What Drives a Firm Innovation Success? Insight from Indonesian Firms Experiences

Authors
Ratih Kusumawardani1, *, Johannes Maysan Damanik1, Yuyun Yulia2
1Department of Management, Faculty of Economics, Universitas Sarjanawiyata Tamansiswa, Yogyakarta, Indonesia
2Department of English Language Education, Faculty of Teacher Training and Education, Universitas Sarjanawiyata Tamansiswa, Yogyakarta, Indonesia
*Corresponding author. Email: ratihkusuma@ustjogja.ac.id
Corresponding Author
Ratih Kusumawardani
Available Online 10 May 2023.
DOI
10.2991/978-94-6463-160-9_22How to use a DOI?
Keywords
Influencing factors; innovation success; Indonesian firms; innovation survey
Abstract

He current study investigates determinants of innovation success among Indonesian firms by exploiting Indonesia Innovation Survey (IIS) data. Currently, insights on on different factors that influence innovation success of Indonesian firms is relatively few. Therefore, the current study to shed the lights on such research gap. Using logistic regression, the impact of internal R&D, firm openness decision, government financial support, and appropriability condition on innovation decision is assesed. Subsequently, Tobit regression is employed to assess the effect of the independent variables on innovation success/performance. The study results show that only internal R&D that drives innovation success. Further, internal R&D along with the implementation of open innovation strategy and strategic protection positively influence innovation success new to the market. The study emriches innovation literature in developing countries context (Indonesia) on the broad factors that drive innovation success that previously remain unexplored.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 1st International Conference of Management and Business (ICoMB 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
10 May 2023
ISBN
978-94-6463-160-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-160-9_22How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Ratih Kusumawardani
AU  - Johannes Maysan Damanik
AU  - Yuyun Yulia
PY  - 2023
DA  - 2023/05/10
TI  - What Drives a Firm Innovation Success? Insight from Indonesian Firms Experiences
BT  - Proceedings of the 1st International Conference of Management and Business (ICoMB 2022)
PB  - Atlantis Press
SP  - 218
EP  - 230
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-160-9_22
DO  - 10.2991/978-94-6463-160-9_22
ID  - Kusumawardani2023
ER  -