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    题名: The Role of Innovation Efficiency in Inventory Turnover Performance
    作者: 李曉惠
    Lee, Hsiao-Hui
    Zhou, Jianer
    Hsu, Po-Hsuan
    贡献者: 資管系
    关键词: Product innovation;Process innovation;Inventory turnover;Innovation spillover
    日期: 2015-08
    上传时间: 2019-10-30 11:13:16 (UTC+8)
    摘要: How a firm utilizes technological innovation to improve operations management is an important research question in today`s knowledge economy but lacks empirical evidence in the literature. We use a dataset of all non-service U.S. public firms from 1976 to 2005 to examine how a firm`s innovation performance is associated with its inventory turnover performance. In particular, we measure a firm`s innovation performance by the ratio of its patents (either citations or counts) to its research and development (R&D) expenditure. Our fixed-effect panel regression results indicate a positive relation between innovation performance and inventory turnover ratio, and such a relation varies across industries. By differentiating process and product innovation according to patent usages, we find that process innovation has a consistent and long-lasting effect, whereas product innovation has an immediate but short-lasting effect. We also find supporting evidence for industry spillovers by showing that firms in a more innovative industry are likely to better manage their inventory performance. Our results confirm the benefit of using innovation in logistics and operations management and point to the strategic importance of integrating technology and operations management.
    關聯: Decision Support Systems, Vol.76, pp.35-44
    数据类型: article
    DOI 連結: https://doi.org/10.1016/j.dss.2015.02.010
    DOI: 10.1016/j.dss.2015.02.010
    显示于类别:[資訊管理學系] 期刊論文

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