5th European International Conference on Industrial Engineering and Operations Management

The Determining Factors For Innovation Performance Success (An Empirical Study of Indonesian Commercial Banking)

Galuh Tresna Murti & Alfian Misran
Publisher: IEOM Society International
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Track: Business Management
Abstract

Abstract

The purpose of this paper is to provide a determining factors of Innovation performance in banking industry. A systematic empirical study was conducted to explore the implementation organization culture as a determining factors of innovation success. This study used non-probability sampling techniques with purposive sampling techniques at commercial banks in Indonesia. A research framework is created based on the Hofstede’s organizational culture dimensions, Eurostat and the Economic Development Organization (EOCD). Structural Equation Model (SEM) is applied to assess the model fit and to test the research hypotheses. The result of the model fit assessment concluded that all the proposed model is acceptable. The estimated model, found support for the role of 6 (six) hofstede’s organization culture dimension in affecting Innovation Performance Success. This study provides new information in the emerging context of innovation performance of banking industry.

Keywords

Organization Culture, Hofstede’s Organization Culture Dimension, EOCD, Innovation Performance, Banking

Published in: 5th European International Conference on Industrial Engineering and Operations Management, Rome, Italy

Publisher: IEOM Society International
Date of Conference: July 26-28, 2022

ISBN: 978-1-7923-9161-3
ISSN/E-ISSN: 2169-8767