Treble innovation firms: antecedents, outcomes, and enhancing factors

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dc.contributor.authorVendrell Herrero, Ferrán
dc.contributor.authorBustinza, Óscar F.
dc.contributor.authorOpazo Basáez, Marco
dc.contributor.authorGomes, Emanuel
dc.date.accessioned2025-06-12T10:28:28Z
dc.date.available2025-06-12T10:28:28Z
dc.date.issued2023-01
dc.date.updated2025-06-12T10:28:28Z
dc.description.abstractDrawing on the interplay between strategic ambidexterity, resource-based view, and digital servitization, we conceptualize how the rise of digitalization and service business models in industrial settings have materialized in a distinctive category of innovation-oriented manufacturing firms, labeled as treble innovation firms. We propose that said firms are characterized by simultaneously developing the three types of technological innovation —process, product, and digital service. We use a random and representative survey of 423 Spanish manufacturing firms to analyze antecedents, outcomes, and enhancers of digital service innovation adoption in firms that already possess process and product innovations (i.e., dual innovation firms). We report several findings. First, treble innovation firms epitomize the new norm (rather than the exception), representing 21.7% of all manufacturing firms. Second, product leadership and open innovation breadth increase the probability that dual innovation firms implement digital service innovation. Third, treble innovation firms achieve considerably greater profit margins than dual innovation firms. Finally, treble innovation firms can enhance said profit advantage by adopting resource retrenchment and value migration practices.en
dc.description.sponsorshipThis research has been supported by Governments of Spain and Andalusia (Research Project A-SEJ-196-UGR20). Emanuel would like to acknowledge financial support from Fundaçao ˜ para a Ciência e Tecnologia (UID/ECO/00124/2013) by LISBOA-01-0145-FEDER007722 and Social Sciences Data Lab, Project 22209en
dc.identifier.citationVendrell-Herrero, F., Bustinza, O. F., Opazo-Basaez, M., & Gomes, E. (2023). Treble innovation firms: antecedents, outcomes, and enhancing factors. International Journal of Production Economics, 255. https://doi.org/10.1016/J.IJPE.2022.108682
dc.identifier.doi10.1016/J.IJPE.2022.108682
dc.identifier.issn0925-5273
dc.identifier.urihttp://hdl.handle.net/20.500.14454/3027
dc.language.isoeng
dc.publisherElsevier B.V.
dc.rights© 2022 The Authors
dc.subject.otherAmbidexterity
dc.subject.otherManufacturing firms
dc.subject.otherOpen innovation
dc.subject.otherResource-based view
dc.subject.otherServitization
dc.subject.otherSMEs
dc.titleTreble innovation firms: antecedents, outcomes, and enhancing factorsen
dc.typejournal article
dcterms.accessRightsopen access
oaire.citation.titleInternational Journal of Production Economics
oaire.citation.volume255
oaire.licenseConditionhttps://creativecommons.org/licenses/by/4.0/
oaire.versionVoR
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