RELATIONSHIP BETWEEN INNOVATION AND PERFORMANCE: IMPACT OF COMPETITIVE INTENSITY AND ORGANIZATIONAL SLACK

ABSTRACT Innovation is a key factor in organizational performance. Although there are references from strategic theory to understand the relationships between these two variables, there are still many gaps that need to be filled. Thus, more empirical validation is necessary. This study aimed to verify how the relationship between innovation and performance is affected by the presence of precursor variables such as competitive intensity and organizational slack. This study involved conducting explanatory and cross-sectional investigations by applying structural equation modeling to a sample of small and medium-sized enterprises in Bogotá, Colombia. The results make a relevant contribution to the literature on strategic management by showing that competitive intensity and organizational slack induce innovation and positively impact performance.摘要 创新是影响组织绩效的核心因素。尽管已有基于战略理论的相关研究阐释了二者间的关联，但仍存在诸多有待填补的研究空白，因此亟需开展更多实证验证工作。本研究旨在验证竞争强度与组织冗余等前置变量如何影响创新与绩效之间的关联。本研究以哥伦比亚波哥大的中小企业（small and medium-sized enterprises）为样本，采用结构方程模型（structural equation modeling）开展解释性横断面调查研究。研究结果表明，竞争强度与组织冗余可正向驱动创新并对绩效产生积极影响，这为战略管理领域的相关学术文献提供了有价值的贡献。