ترجمه مقاله نقش ضروری ارتباطات 6G با چشم انداز صنعت 4.0
- مبلغ: ۸۶,۰۰۰ تومان
ترجمه مقاله پایداری توسعه شهری، تعدیل ساختار صنعتی و کارایی کاربری زمین
- مبلغ: ۹۱,۰۰۰ تومان
abstract
This study combines the signaling theory and dynamic marketing capabilities perspective to investigate the mediating role of product innovation in the influence of R&D expenditure and brand equity on marketing performance. The study shows that MNC firms are able to use R&D expenditure to improve their product innovation and market share to a greater extent compared to SME and retailer firms. However, the stronger brand equity of MNC firms may actually hurt the performance of their new products by inhibiting product innovation. The authors use regression and probit analysis to study a panel data for 1356 food brands. Overall, this research provides fresh insights into the process by which R&D expenditure and brand equity affect product innovation and marketing performance in highly competitive product categories.
5. Discussion and implications
In this research, the authors investigate how DMC affect product innovation strategy and an organization's ability to perform in the market, as reflected by its market share. Prior research suggests that DMC such as brand equity and R&D expenditure have a positive effect on product innovation and marketing performance; however, this research shows some subtle but significant differences in these effects for different types of market players and product innovation strategies. Specifically, the results about H1 show that R&D expenditure has a stronger positive effect on market share for MNC brands compared to SME and retailer brands, however, in contrast, the results for H2 show that brand equity has a stronger effect on market share for SME brands than the MNC and retailer brands. In fact, brand equity also has a weaker effect on market share for MNC brands compared to retailer brands. This may seem counter-intuitive because MNCs are supposed to possess strong mega brands that should have a stronger positive impact on their market share. However, from these results it seems that in the context of innovative food products, having strong brand equity may actually hurt MNC brands because consumers may perceive them as being too traditional or associated more with their conventional products.