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 <titleInfo>
  <title>Technology versus design innovation's effects on S</title>
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  <place>
   <placeTerm type="text">Oxford</placeTerm>
   <publisher>Wiley-Blackwell</publisher>
   <dateIssued>May 2013</dateIssued>
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  <extent>p. 448 - 464</extent>
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 <note>This research investigates the impacts on firm performance of (1) &#13;
technology versus design innovation and (2) their potentially &#13;
synergistic interaction. Synergies could arise from complementarities, &#13;
in particular the utilization of technology innovation as a platform for&#13;
 design innovations. Both sales and Tobin's q are examined as dependent &#13;
performance variables, with sales tapping consumer responses and Tobin's&#13;
 q reflecting investor responses. Moderation by branding strategy (i.e.,&#13;
 Corporate Branding versus Mixed Branding versus House of Brands) is &#13;
analyzed because innovation may impact performance differently depending&#13;
 on branding strategy. Advertising effects, the number of new product &#13;
introductions, their interaction, R&amp;amp;D expenditures, operating &#13;
margins, and firm size are also modeled as covariates. The results show &#13;
that all main and interaction effects are significant in at least one of&#13;
 the branding groups, and that moderation of model paths by branding &#13;
strategy was pervasive. Overall, except for technology innovation → &#13;
Tobin's q, Corporate Branding coefficients for technology innovation, &#13;
design innovation, and their interaction were almost always &#13;
significantly different from Mixed Branding and House of Brands &#13;
coefficients, which were not significantly different from each other. &#13;
Since Mixed Branding and House of Brands proved very similar, these &#13;
groups were combined under ' Non- Corporate.' First, for technology &#13;
innovation, the impact on both sales and Tobin's q for Corporate &#13;
Branding was less than or equal to Noncorporate. Noteworthy was that the&#13;
 technology innovation → Tobin's q relationship was equal across all &#13;
branding strategies; technology innovation appears to be key for &#13;
investors. Second, for design innovation, the impact for Corporate &#13;
Branding was positive while for Noncorporate it was null; the same &#13;
pattern was observed for sales and Tobin's q. Third, for the &#13;
interaction, the impact for Corporate Branding was significantly less &#13;
than the positive impacts for Noncorporate. For Noncorporate, the &#13;
marginal impact of design innovation on sales or Tobin's q increased &#13;
with the level of technology innovation. For Corporate Branding however,&#13;
 there was no interaction in the case of sales and a negative &#13;
interaction for Tobin's q. Thus, the marginal impact of design &#13;
innovation on Tobin's q decreased with increasing levels of technology &#13;
innovation. These decreasing marginal effects could reflect limits to &#13;
corporate brand name extensions, as perceived by investors. [ABSTRACT &#13;
FROM AUTHOR] &lt;br&gt;</note>
 <note type="statement of responsibility"></note>
 <classification></classification>
 <identifier type="isbn">07376782</identifier>
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  <physicalLocation>Perpustakaan - Sekolah Tinggi Manajemen PPM Pusat Informasi Manajemen</physicalLocation>
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