Abstract
In this study, we examine the effects of product-service system (PSS) practices on firm performance with the help of unique survey data obtained from one of the leading emerging countries. In particular, we explore the mechanisms that explain the link between PSS and firm performance. We propose that a firms introduction of PSS is positively associated with the performance of that company in terms of product and process technological innovation. The findings show that PSS influences a firms performance through process technological innovation at the company, not through product technological innovation. The results suggest that firms should focus more on developing a new business process or business system in order to leverage the power of PSS.
Original language | English |
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Pages (from-to) | 975-984 |
Number of pages | 10 |
Journal | Emerging Markets Finance and Trade |
Volume | 51 |
Issue number | 5 |
DOIs | |
Publication status | Published - 2015 Sept 3 |
Keywords
- firm performance
- process innovation
- product innovation
- product-service system
- servitization
- technological innovation
ASJC Scopus subject areas
- Finance
- Economics, Econometrics and Finance(all)