Publications-Periodical Articles

Article View/Open

Publication Export

Google ScholarTM

NCCU Library

Citation Infomation

Related Publications in TAIR

題名 The Role of Innovation Efficiency in Inventory Turnover Performance
作者 李曉惠
Lee, Hsiao-Hui
Zhou, Jianer
Hsu, Po-Hsuan
貢獻者 資管系
關鍵詞 Product innovation ; Process innovation ; Inventory turnover ; Innovation spillover
日期 2015-08
上傳時間 30-Oct-2019 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
資料類型 article
DOI https://doi.org/10.1016/j.dss.2015.02.010
dc.contributor 資管系
dc.creator (作者) 李曉惠
dc.creator (作者) Lee, Hsiao-Hui
dc.creator (作者) Zhou, Jianer
dc.creator (作者) Hsu, Po-Hsuan
dc.date (日期) 2015-08
dc.date.accessioned 30-Oct-2019 11:13:16 (UTC+8)-
dc.date.available 30-Oct-2019 11:13:16 (UTC+8)-
dc.date.issued (上傳時間) 30-Oct-2019 11:13:16 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/127173-
dc.description.abstract (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.
dc.format.extent 1217552 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Decision Support Systems, Vol.76, pp.35-44
dc.subject (關鍵詞) Product innovation ; Process innovation ; Inventory turnover ; Innovation spillover
dc.title (題名) The Role of Innovation Efficiency in Inventory Turnover Performance
dc.type (資料類型) article
dc.identifier.doi (DOI) 10.1016/j.dss.2015.02.010
dc.doi.uri (DOI) https://doi.org/10.1016/j.dss.2015.02.010