Full text of this article is only available in PDF format.

Erlend Nybakk (email), Pablo Crespell, Eric Hansen

Climate for innovation and innovation strategy as drivers for success in the wood industry: moderation effects of firm size, industry sector, and country of operation

Nybakk E., Crespell P., Hansen E. (2011). Climate for innovation and innovation strategy as drivers for success in the wood industry: moderation effects of firm size, industry sector, and country of operation. Silva Fennica vol. 45 no. 3 article id 110. https://doi.org/10.14214/sf.110

Abstract

This study examines the relationships between firm financial performance and a) the climate for innovation and b) innovation strategy in the wood products industry. The focus is on the moderator effects of firm size, country of operation, and industry sector. Using a sample of 460 responses from chief executive officers and top managers of Norwegian and US firms, we conducted a regression analysis to probe for interaction effects. The sample included primary and secondary manufacturers of various sizes. Consistent with previous studies, we found a positive impact for both a climate for innovation and an innovation strategy on firm performance. In terms of moderation, only one interaction was found to be significant, representing a moderator effect of industry size on the climate-performance relationship. Further testing showed that secondary, large manufacturers exhibited a weaker, yet still positive, relationship between climate for innovation and performance. This low level of significant interactions suggests stability of the relationship among the main factors depicted in the model, with important implications for managers and future research. These findings indicate that a positive climate for innovation and a management committed to innovation through an innovation strategy have a positive effect on the bottom line of wood products firms. This effect holds true regardless of industry, size, or country, so most firms can benefit from the implementation of these pro-innovation practices.

Keywords
comparative management; innovations; organisational culture; strategy; wood industry; working climate

Author Info
  • Nybakk, Norwegian Forest and Landscape Institute, P.O. Box 115, N-1431 Ås, Norway E-mail nye@skogoglandskap.no (email)
  • Crespell, FPInnovations (Forintek Division), Vancouver, BC, Canada E-mail pc@nn.fi
  • Hansen, Oregon State University, College of Forestry, OR, USA E-mail eh@nn.us

Received 18 January 2011 Accepted 16 June 2011 Published 31 December 2011

Views 429

Available at https://doi.org/10.14214/sf.110 | Download PDF

Creative Commons License

Register
Click this link to register to Silva Fennica.
Log in
If you are a registered user, log in to save your selected articles for later access.
Contents alert
Sign up to receive alerts of new content

Your selected articles
Your search results