The relationship between Innovation and Global Competitiveness: The mediating role of Management Practices evaluated by Structural Equation Modeling

Originality/Value- There have been many studies and discussions about global competitiveness. The factors in the literature used to explain a country's degree of competitiveness include cheap labor, abundant raw materials, the amount of capital available for investment, and, especially, the cap...

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Bibliographic Details
Published in:Revista brasileira de gestão de negócios 2019-04, Vol.21 (2), p.195-212
Main Authors: Feldmann, Paulo Roberto, Jacomossi, Rafael Ricardo, Barrichello, Alcides, Morano, Rogerio Scabim
Format: Article
Language:eng ; por
Subjects:
Best management practices
Competition
Competition (Economics)
Economic summit conferences
global competitiveness
Industrialized nations
innovation
Innovations
Organizational change
Productivity
R&D
Raw materials
Research & development
Research & development expenditures
Structural equation modeling
Technological change
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Summary:Originality/Value- There have been many studies and discussions about global competitiveness. The factors in the literature used to explain a country's degree of competitiveness include cheap labor, abundant raw materials, the amount of capital available for investment, and, especially, the capacity to innovate. Some authors point to a fifth factor: best management practices. The paper shows how this factor improves competitiveness. The most important contribution of this study is to demonstrate that innovation alone cannot by itself ensure competitiveness in companies or nations, and requires the simultaneous presence of best management practices.
ISSN:1806-4892
1983-0807
DOI:10.7819/rbgn.v21i2.3970