Abstract
This research aims to analyze the influence of product innovation on organizational performance in a financial institution in Colombia. For this purpose, an empirical study was carried out with a quantitative approach, a structural equation modeling (SEM) was used, which is suitable for service research (Reisinger & Turner, 1999).While it is true that much of the literature, argues that innovation has a positive impact on organizational performance (Yunis et al,, 2018), as the indicates Schumpeter (1934), it is also true that there are cases where this relationship Innovation-Performance is not always positive, as mentioned Gerstlberger et al, (2014) and Simpson & Siguaw (2006) where they found that innovation, as well as being costly and risky, could affect the results of organizations both positively and negatively and as also demonstrated in this research, where the results of innovation in product had a negative influence on the performance of this company.
| Translated title of the contribution | Influence of product innovation on organizational performance |
|---|---|
| Original language | Spanish |
| Journal | Revista Venezolana de Gerencia |
| Volume | 24 |
| Issue number | 85 |
| State | Published - 2019 |
| Externally published | Yes |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
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