Commenced in January 2007
Frequency: Monthly
Edition: International
Paper Count: 30184
The Organizational Innovativeness of Public-Listed Housing Developers

Authors: Nor'Aini Yusof, Ismael Younis Abu-Jarad

Abstract:

This paper investigated the organizational innovativeness of public listed housing developers in Malaysia. We conceptualized organizational innovativeness as a multi-dimensional construct consisting of 5 dimensions: market innovativeness, product innovativeness, process innovativeness, behavior innovativeness and strategic innovativeness. We carried out questionnaire survey with all accessible public listed developers in Malaysia and received a 56 percent response. We found that the innovativeness of public listed housing developers is low. The study extends the knowledge on innovativeness theory by using a multi-dimensional contructs to conceptualize the innovativeness of public listed housing developers in Malaysia where all this while most studies focused on single dimensional construct of innovativeness. The paper ends by providing some explanations for the results.

Keywords: innovativeness, housing industry, measurement ofinnovativeness, public listed housing developers.

Digital Object Identifier (DOI): doi.org/10.5281/zenodo.1071144

Procedia APA BibTeX Chicago EndNote Harvard JSON MLA RIS XML ISO 690 PDF Downloads 1055

References:


[1] Naim, M. and J. Barlow, "An innovative supply chain strategy for customized housing," Construction Management & Economics, vol. 21, pp. 593-610, 2003.
[2] Naim, M.M. and J. Gosling, "On leanness, agility and leagile supply chains," International Journal of Production Economics, 2010. In Press, Corrected Proof.
[3] Pan, W., A.G.F. Gibb, and A.R.J. Dainty, "Leading UK housebuilders' utilization of offsite construction methods," Building Research & Information, vol. 36, no. 1, pp. 56-67, 2008.
[4] Arif, M. and C. Egbu, "Making a case for offsite construction in China," Engineering, Construction and Architectural Management, vol. 17, no. 6, pp. 536-548, 2010.
[5] Barlow, J. and R. Ozaki, "Achieving ÔÇÿcustomer focus- in private house building: current practice and lessons from other industries," Housing Studies, vol. 18, pp. 87-101, 2003.
[6] Barlow, J., et al., "Choice and delivery in housebuilding: lessons from Japan for UK housebuilders," Building Research & Information, vol. 31, no. 2, pp. 134-145, 2003.
[7] Malaysian Government, Tenth Malaysia Plan 2011-2015. Kuala Lumpur, 2010.
[8] Dulaimi, M.F., Y.Y. Ling, and A. Bajracharya, "Enhancing integration and innovation in construction," Building Research and Information, vol. 30, no. 4, pp. 237-247, 2002.
[9] Fitzgerald, E. and A. Wankerl, Why government needs to invest in innovation, 2011.
[10] Reichstein, T., A.J. Salter, and D.M. Gann, "Break on Through: Sources and Determinants of Product and Process Innovation among UK Construction Firms," Industry & Innovation, vol. 15, no. 6, pp. 601-625, 2008.
[11] Egan, J., Rethinking construction: report of the construction task force on the scope for improving the quality and efficiency of UK construction. London: Department of the Environment, Transport and the Regions, 1998.
[12] Das, S.R. and M.P. Joshi, "Process innovativeness in technology services organizations: Roles of differentiation strategy, operational autonomy and risk-taking propensity," Journal of Operations Management, vol. 25, no. 3, pp. 643-660, 2007.
[13] Jun, K.-N. and C. Weare, "Institutional Motivations in the Adoption of Innovations: The Case of E-Government," Journal of Public Administration Research and Theory, vol. 9, June 2010.
[14] Holmen Entreprise Ltd, Innovation in the Housing Industry. National Research Council of Canada, 2002.
[15] Rangarajan, D., et al., "Organizational variables, sales force perceptions of readiness for change, learning, and performance among boundaryspanning teams: A conceptual framework and propositions for research," Industrial Marketing Management, vol. 33, no. 4, pp. 289-305, 2004.
[16] Domínguez, L. and F. Brown, "Measuring technological capabilities in Mexican industry," Cepal Review, vol. 83, pp. 129-144, Aug. 2004.
[17] Laursen, K. and A. Salter, "Open for innovation: the role of openness in explaining innovation performance among U.K. manufacturing firms," Strategic Management Journal, vol. 27, no. 2, pp. 131-150, 2006.
[18] Miller, T.L. and C.L. Wesley, "Assessing mission and resources for social change: An organizational identity perspective on social venture capitalists' decision criteria," Entrepreneurship: Theory and Practice, vol. 34, no. 4, pp. 705-733, 2010.
[19] Barlow, J. and M. Koberle-Gaiser, "Delivering innovation in hospital construction," California Management Review, vol. 51, no. 2, 2008.
[20] Drejer, I. and A.L. Vinding, "Organisation ÔÇÿanchoring- of knowledge, and innovative activity in construction," Construction Management and Economics, vol. 24, no. 9, pp. 921-931, 2006.
[21] Yusof, N.A., M.W.M. Shafiei, and I. Said., "Dimensions of Housing Developers' Readiness for Innovation: The Case of the Build-Then-Sell System in Malaysia," in Proceeding of 2010 International Conference on Innovation, Management and Service (ICIMS 2010), Singapore, 2010.
[22] Wang, C.L. and P.K. Ahmed, "The development and validation of the organisational innovativeness construct using confirmatory factor analysis," European Journal of Innovation Management, vol. 7, no. 4, pp. 303-313, 2004.
[23] Avlonitis, G.J. and H.E. Salavou, "Entrepreneurial orientation of SMEs, product innovativeness, and performance," Journal of Business Research, vol. 60, no. 5, pp. 566-575, 2007.
[24] Avlonitis, G.J., A. Kouremenos, and N. Tzokas, "Assessing the Innovativeness of Organizations and its Antecedents: Project Innovstrat," European Journal of Marketing, vol. 28, no. 11, pp. 5-28, 1994.
[25] Lumpkin, G.T. and G.G. Dess, "Clarifying the entrepreneurial orientation construct and linking it to performance," Academy of Management Review, vol. 21, no. 1, pp. 135-172, 1996.
[26] Danneels, E. and E.J. Kleinschmidt, "Product innovativeness from the firm's perspective: its dimensions and their relation with project selection and performance," Journal of Product Innovation Management, vol. 18, no. 6, pp. 357-373, 2001.
[27] Sandvik, I.L. and K. Sandvik, "The impact of market orientation on product innovativeness and business performance," International Journal of Research in Marketing, vol. 20, no. 4, pp. 355-376, 2003.
[28] Lam, P.T.I., F.K.W. Wong, and F.W.H. Wong, "Building features and site-specific factors affecting buildability in Hong Kong," Journal of Engineering, Design and Technology, vol. 5, no. 2, pp. 129-147, 2007.
[29] Johne, A., "Successful Market Innovation," European Journal of Innovation Management, vol. 2, no. 1, pp. 6-11, 1999.
[30] Baer, M. and M. Frese, "Innovation is not enough: climates for initiative and psychological safety, process innovations, and firm performance," Journal of Organizational Behavior, vol. 24, no. 1, pp. 45-68, 2003.
[31] Soutar, G.N. and S. Ward, "Looking at behavioral innovativeness: a Rasch analysis," Journal of Organizational and End User Computing, Oct. 2008.
[32] Besanko, D., D. Dranove, and M. Shanley, The Economics of Strategy. New York, NY: John Wiley & Sons, 1996.
[33] Johnstone, M., "Conventional housing provision in Peninsular Malaysia: spatial distortions in a developing economy," Habitat International, vol. 5, no. 3/4, pp. 337-359, 1980.
[34] Krejcie, R.V. and D.W. Morgan, "Determining sample size for research activities," Educational and Psychological Measurement, vol. 30, pp. 607-610, 1970.
[35] Covin, J.G. and D.P. Slevin, "Entrepreneur versus conservative firms: a comparison of strategies and performance," Journal of Management Studies, vol. 28, no. 5, pp. 439-462, 1991.
[36] Hurley, R.F., G.T.M. Hult, and G.A. Knight, "Innovativeness and capacity to innovate in a complexity of firm-level relationships: A response to Woodside (2004)," Industrial Marketing Management, vol. 34, no. 3, pp. 281-283, 2005.
[37] Hair, J.F., et al., Multivariate Data Analysis. 6 ed., Upper Saddle River, N.J.: Pearson Education Inc, 2006.