How can firms facilitate innovation in a virtual environment

dc.contributorAalto Universityen
dc.contributor.advisorPenttinen, Esko
dc.contributor.advisorFey, Carl
dc.contributor.authorKovero, Sini
dc.contributor.authorHalén, Leevi
dc.contributor.departmentTieto- ja palvelujohtamisen laitosfi
dc.contributor.schoolSchool of Businessen
dc.description.abstractInnovation is crucial for firms to maintain a competitive advantage and survive. Knowledge management processes and the increasing virtuality in modern firms presents challenges and opportunities to implement innovation within an organization. For this study, we used data from a questionnaire on management practices that facilitate innovation. The questionnaire was collected in 2020-2021 and answered by 161 Nordic respondents and 200 Chinese companies. These results are analyzed primarily by specifying direct and indirect relationships between constructs from the questionnaire and applying Structural Equation Modeling (SEM). Findings were mixed. Surprisingly, virtuality had no statistically significant effect on innovation. Knowledge management processes (Knowledge creation, Knowledge sharing, and External knowledge sourcing) had a positive mediating effect between virtuality and innovation, with external knowledge sourcing having the highest standard effect size. Interestingly, there were only minor differences found between the Nordic and China group respondents. Disregarding the overall moderation analysis model fit, positive moderation effect was found for virtuality as the moderator for external knowledge sourcing and innovation. For practitioners, firms reliant on innovation could benefit most from focusing on external knowledge sourcing first, depending on the level of firm
dc.locationP1 Ifi
dc.programmeInformation and Service Management (ISM)en
dc.relation.hasversionOpinnäyte on tehty yhteistyössä Leevi Halénin kanssa.
dc.relation.hasversionThis thesis is a co-operation with Halén, Leevi.
dc.subject.keywordknowledge managementfi
dc.subject.keywordstructural equation modellingfi
dc.titleHow can firms facilitate innovation in a virtual environmentfi
dc.typeG2 Pro gradu, diplomityöfi
dc.type.ontasotMaster's thesisen
dc.type.ontasotMaisterin opinnäytefi