ICBI 2021

Permanent URI for this collectionhttp://repository.kln.ac.lk/handle/123456789/24117

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    Effect of Open Innovation on Firm Performance in Sri Lankan Manufacturing Sector: With Innovative Capability and Environmental Turbulence
    (Faculty of Commerce and Management Studies, University of Kelaniya, 2021) Dilrukshi, M.G.M.; Wickramasinghe, C.N.; Edirisinghe, S.D.
    Open innovation is about knowledge flows. It helps to achieve sustainable competitive advantages through enhancing firm performance. However, organizations in the Sri Lankan manufacturing sector tend to allocate resources on research and development, firm performance does not improve compared to the investment. Hence this study suggests that firm performance can be increased through open innovation initiatives. But external knowledge cannot be enhanced firm performance automatically. Thus, this study proposes that innovative capability may improve the relationship between open innovation and firm performance. Open innovation approaches are most suitable for dynamic environments. Hence this study suggests that environmental turbulence may strengthen the relationship between open innovation and innovative capability to uplift the firm performance. Accordingly, this study aims to develop an integrated model of open innovation and firm performance with the mediating effect of innovative capability and the moderating effect of environmental turbulence. As a research approach, subjectivism as the ontological position, positivist as the epistemological position, quantitative approach as the methodology and survey as the method will be used. The population will be the senior managers in the research and development department in the manufacturing industries in Sri Lanka. The study will utilize a sample of 200 senior managers based on simple random sampling. The sample frame will be the senior managers in the top performing 50 manufacturing organizations as per the rankings of the Export Development Board in Sri Lanka. For analyzing the impacts predicted in the model, Structural Equation Model will be used.
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    Social Identity of Leadership as an Antecedent of Innovation Readiness
    (Faculty of Commerce and Management Studies, University of Kelaniya, 2021) Shanmuganathan, A.; Devadas, U.M.; Wickramasinghe, C.N.
    Innovation is constantly a hot topic in the business world and is essential for any business to prosper. The innovation index in Sri Lanka is significantly low compared to other Asian countries. The lack of innovation readiness in firms is one of the main reasons for the lower innovation. Hence it is essential to check the innovation readiness of a firm to predict the industry's future. The social identity perspective is mainly ignored and overshadowed by popular leadership theories such as leadership styles, leadership traits and characteristics, leadership demographics, and innovative work behavior. This study aims to fill the research gap identified by studying and investigating the impact of leadership's social identity on innovation readiness. Few studies have looked at the influence of leadership's social identity viewpoint on the firm's innovation readiness in the past. The researcher took a quantitative approach by taking the entire population of the listed companies of Sri Lanka using a self-administrated questionnaire. Descriptive analysis, Structural Equation Modelling and Importance-Performance Mapping were the primary data analytic methods; SPSS and SmartPLS3 were used in the study. The researcher identified that categorization has the highest impact followed by the positive attitude while the sense of belonging has a minor influence on innovation readiness. The study's findings demonstrated that leaders should be more effective in the long-term organizational behavior, specifically in task-oriented and employee-oriented leadership; they also provide group-oriented leadership about a shared social identity. The study suggests a framework for organizations and supports managers in the companies to uplift the innovation readiness of the firm.
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    Technology Orientation and its Impact on Consumer Brand Equity with Mediating Effect of Innovation and Moderating Effect of Technological Readiness: With Reference to Modern Trade Industry in Colombo, Sri Lanka
    (Faculty of Commerce and Management Studies, University of Kelaniya, 2021) Liyanage, O.N.N.; Wanninayake, W.M.C.B.; Wickramasinghe, C.N.
    Technology Orientation is a famous concept being practiced by firms to enhance organizational performance, globally. This concept is particularly famous within the modern trade industry. In developed countries like USA, virtually dominant Amazon is competing against physically dominant Walmart using technologies that generates advance data analytics to harness firm performance. However, in Sri Lanka, we are yet to see modern trade organizations using technology orientation, with focus on technologies like advance analytics. The purpose of this investigation will be to discover the reason for not using advance business analytics and associated technologies within the modern trade industry in Colombo, Sri Lanka. This research uses a deductive methodology and reviews literature from the past 25 years. Researcher finds that elements of Technology Orientation like Technological Capability, Managerial Capability, Commitment to Change and Commitment to Learn can potentially impact Consumer Brand Equity through literature review. In addition author believes that elements of innovation such as Innovative Outcomes, Innovative Processes and Innovative Mindsets can mediate the relationship between technology orientation and consumer brand equity while technological readiness can also moderate the possible relationship between Technology Orientation and its impact on Consumer Brand Equity. This proposed model is recommended to test within the modern trade industry within Colombo, Sri Lanka while collecting the data from outlet managers of modern trade organizations. Outcome of this research will help firms formulate there business strategies more meaningfully using advance technologies to harness the strength of Consumer Brand Equity.
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    How Important Communication Skills on Project Success? Exploration of Project Managers Perspectives
    (Faculty of Commerce and Management Studies, University of Kelaniya, 2021) Oshadie, N.L.B.; Wickramasinghe, C.N.
    The research study focuses on identifying the significant factors on communication skills in project management, based on reviews and perspectives obtained from project managers in the different project areas in Sri Lanka. It investigated the important factors those are affecting project manager’s communication skills when their engage in projects. The findings of qualitative research has validated by using a sample of a quantitative survey. The qualitative method allowed the understanding and evaluation of project managers' responses to stakeholder management and relationships. Hence the study has highlighted the project managers' attitudes and perceptions about project communication. Accordingly, the research revealed that the project's success depends on the project management knowledge and experiences are essential to building up effective communications with project stakeholders. The qualitative data collection for this study is done through the key informant interview method, which offers an opportunity to build a strong relationship with ten expert project managers. Seven themes emerged from the thematic analysis of transcribed interviews: Project manager’s knowledge, experience, leadership, public relations, project nature, project requirements, and new methods. These are supportive for project managers to construct effective project communication strategies. Furthermore, this research has revealed that project manager's knowledge, experience and leadership skills are highly important factors to project success.