INNOVATION MARKETING AS A LEITMOTIV OF BUSINESS PERFORMANCE

Authors

Abstract

In a business landscape characterized by challenges, uncertainty, and intense competition, the strategic adoption of innovation emerges as the linchpin determining a company's resilience during crises, its ability to navigate through turbulent times, and its sustained competitiveness. Faced with such imperatives, companies are compelled to allocate resources strategically across diverse channels to secure their longevity. Within this strategic framework, innovation emerges as the pivotal factor for differentiation, expansion into new markets, and the enhancement of market standing by surpassing customer expectations. In this vein, innovative marketing stands out as a particularly promising strategy. It not only equips companies to proactively anticipate evolving market dynamics but also positions them to capitalize swiftly on emerging opportunities, allowing for proactive engagement rather than reactive responses to market shifts. Moreover, innovative marketing serves as a means to distinguish a company from its competitors and validate innovations that deliver tangible value. This study aims to meticulously examine the impact of innovative marketing on overall company performance, shedding light on the multifaceted ways in which this strategic approach contributes to sustained success and growth.

Keywords: Innovation, marketing, performance, environment, competition.

REFERENCES

Adebayo, N., Nassar, M., 2014, Impact of micro and small business entrepreneurship on poverty reduction in Ibadan Metropolis, South Western Nigeria, International Review of Management and Business Research, 3(3), 1603-1626.

Adebayo, O. O., & Nassar, E. (2014). The social and economic characteristics of entrepreneurs in developing countries: A review and agenda for future research. International Journal of Entrepreneurial Knowledge, 5(2), 119-138.

Bachmann, N., Tripathi, S., Brunner, M., & Jodlbauer, H. (2022). The Contribution of Data-Driven Technologies in Achieving the Sustainable Development Goals. Sustainability, 14(5), Art. 5. https://doi.org/10.3390/su14052497

Ben, et Moskolaï, D. D. (s. d.). Contribution de l’innovation managériale, à la performance des PME en Afrique : le cas du Cameroun. 27.

Brown, S. L. (1992). Innovation diffusion: A new perspective. Routledge.

Chapitre 1. Les dilemmes du marketing de l’innovation. Emmanuelle Le Nagard-Assayag, Delphine Manceau, Sophie Morin-Delerm. Dans Le marketing de l'innovation (2015), pages 9 à 36. https://www.cairn.info/le-marketing-de-l-innovation--9782100722402-page-9.htm

Chéreau, B., & Meschi, P. X. (2014). Innovation and firm performance: The role of alliances in the case of the biotech industry. European Management Journal, 32(3), 400-412.

Cummins, S., Sallis, J. F., Flint, E., Van Dyck, D., & Saelens, B. E. (2014). Understanding neighbourhood context and perceptions of neighbourhood-based PA: An exploration of different analytic approaches. Health & Place, 27, 102-109.

Duranceau, J. (s. d.). Analyse critique de trois conceptions de l’objectivité des valeurs dans la perspective du réalisme de John Searle. 299.

El Atmani, S. & Malainine, C. (2023). Contribution ofEntrepreneurial Innovation to theMoroccan Economy. EuropeanJournal of Theoretical and AppliedSciences, 1(6), 518-522.DOI: 10.59324/ejtas.2023.1(6).52

Gardner, D. M. (1991). The product innovation process in marketing: Its relationship with marketing's role in the firm. Journal of the Academy of Marketing Science, 19(4), 291-305.

Han, J. K., Kim, N., & Srivastava, R. K. (1998). Market orientation and organizational performance: Is innovation a missing link? Journal of Marketing, 62(4), 30-45.

Kleindl, B., Bhagat, R. S., Nixon, R. D., & Mowen, J. C. (1996). The role of culture in the relationship between leadership and organizational commitment: An empirical study in a developing country. The International Journal of Human Resource Management, 7(3), 682-690.

Knight, D., Pearce, C. L., Smith, K. G., Olian, J. D., Sims Jr, H. P., Smith, K. A., & Flood, P. (1999). Top management team diversity, group process, and strategic consensus. Strategic Management Journal, 20(5), 445-465.

Le Loarne-Lemaire, S., & Blanco, C. (2011). Creating customer experiences in tourism creative industries. Current Issues in Tourism, 14(3), 203-228.

Le Nagard-Assayag, E., Manceau, D., & Delerm, S. (2015). Marketing de l’innovation : De la création au lancement de nouveaux produits (3e éd). Paris. Dunod.

McGowan, P., & Rocks, S. A. (1995). The marketing/innovation interface in high-technology firms: The implications for new product performance. European Journal of Marketing, 29(4), 57-75.

O'Dwyer, M., Gilmore, A., & Carson, D. (2009). Innovative marketing in SMEs: A theoretical framework. European Journal of Marketing, 43(1/2), 46-61.

OECD, 2005, “The Measurement of Scientific and Technological Activities: Guidelines for Collecting and Interpreting Innovation Data: Oslo Manual, Third Edition” prepared by the Working Party of National Experts on Scientific and Technology Indicators, OECD, Paris, para. 169.

Ottenbacher, M. C., & Gnoth, J. (2005). How general is opinion leadership? European Journal of Marketing, 39(1/2), 233-252.

Prouvost, G. (1990). L'innovation: théories, méthodes et cadres de références. Les Éditions d'Organisation.

Rogers, E. M. (1983). Diffusion of innovations. Free Press.

Smith, A. C. (1998). Relationship marketing and the loyalty ladder. Journal of Marketing Management, 14(6), 541-555.

Stokes, D. (1995). Pasteur's quadrant: Basic science and technological innovation. Brookings Institution Press.

Wagner K., Taylor A., Zablit H., Foo E., Innovation in 2014, BCG Perspectives, 2010.

Wu, L. Y., & Lin, C. T. (2014). Exploring the impact of organizational innovative climate on innovation capability and organizational performance. The Learning Organization, 21(5), 353-367.

Zaltman, G., LeMasters, K., & Heffring, M. (1973). Theory construction in marketing. New York: John Wiley & Sons.

 

Downloads

Published

2023-12-31

Issue

Section

Research Article