Mapping the two-way relationship between management practices and firm innovation: the mediating role of business environment, degree of competition, and energy policies

Purpose This study aims to evaluate the two-way relationship between management practices and firm innovation along with the dual mediation of business environment, degree of competition and energy policies in Greece, Italy, Turkey and Portugal. Design/methodology/approach The study has derived data...

Full description

Saved in:
Bibliographic Details
Published in:European business review 2023-10, Vol.35 (6), p.893-923
Main Author: Rehman, Fazal Ur
Format: Article
Language:English
Subjects:
Competition
Competitive advantage
Corporate culture
Economic development
Economic growth
Energy consumption
Energy policy
Environmental policy
Human resource management
Hypotheses
Innovations
Job rotation
Knowledge management
Managers
Problem solving
Small & medium sized enterprises-SME
Training
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Purpose This study aims to evaluate the two-way relationship between management practices and firm innovation along with the dual mediation of business environment, degree of competition and energy policies in Greece, Italy, Turkey and Portugal. Design/methodology/approach The study has derived data from the World Bank Enterprise Survey 2019 for Greece, Italy, Turkey and Portugal and analyzed through partial least squares structural equation modelling (PLS-SEM) to find results. Findings The outcomes of PLS-SEM revealed that management practices and firm innovation have two-way positive significant relationship with each other in Greece, Italy, Turkey and Portugal. The results exposed that the management practices and firm innovation have two-way positive significant relationship with the business environment, degree of competition, and energy policies in Greece, Italy, Turkey and Portugal. The findings also clarified that the business environment, degree of competition and energy policies have dual mediating role between management practices and firm innovation in Greece, Turkey and Portugal. Surprisingly, business environment does not have dual mediation in Italy. Practical implications These useful insights would enable practitioners and direct policymakers to develop and apply more magnificent management practices to boost up innovation among firms. Originality/value Although the topics of management practices and innovation have received a great concern of academia, but this is the first study that offers a comprehensive model of the relationship in these domains.
ISSN:0955-534X
1758-7107
0955-534X
DOI:10.1108/EBR-10-2022-0212