Innovation capability is a valuable asset for an organization. If organizations can better understand innovation capability, they can better predict, harness, and leverage it to achieve business results. This study was designed to determine whether a relationship exists between innovation capability and Cooper’s (Product Leadership: Creating and Launching Superior New Products, 1999) innovation factors, the adoption of new technology, globalization, and shortening of product life cycle. Multiple linear regression was used to analyze this relationship. The survey instrument used to collect data was a partially replicated survey from previous work by Zheng (A Correlational Study of Organizational Innovation Capability and Two Factors: Innovation Drivers and Organizational Culture, 2009). Data were contracted and collected through SurveyMonkey, a third-party survey provider. Statistical analysis found a statistically significant relationship existed between the predictor variables, the adoption of new technology and globalization, and the dependent variable, innovation capability. Shortening of product life cycle’s relationship to innovation capability was not statistically significant. This does not agree with Zheng’s findings or Cooper’s theoretical framework. Hence, only 2 of 3 of Cooper’s innovation factors were able to predict innovation capability. This result confirmed Cooper’s theoretical framework, in which the adoption of new technology and globalization are thought of as innovation drivers.
|Subjects||Business administration; Entrepreneurship; Management|
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