Product Innovation as a Mediator in the Impact of R&D Expenditure and Brand Equity on Marketing Performance

This study combines the signaling theory and dynamic marketing capabilities perspective to investigate the mediating role of product innovation in the influence of R&D expenditure and brand equity on marketing performance. The study shows that MNC firms are able to use R&D expenditure to imp...

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Main Authors: Sharma, Piyush, Davcik, N., Pillai, K.
Format: Journal Article
Published: Elsevier 2016
Online Access:http://hdl.handle.net/20.500.11937/28161
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author Sharma, Piyush
Davcik, N.
Pillai, K.
author_facet Sharma, Piyush
Davcik, N.
Pillai, K.
author_sort Sharma, Piyush
building Curtin Institutional Repository
collection Online Access
description This study combines the signaling theory and dynamic marketing capabilities perspective to investigate the mediating role of product innovation in the influence of R&D expenditure and brand equity on marketing performance. The study shows that MNC firms are able to use R&D expenditure to improve their product innovation and market share to a greater extent compared to SME and retailer firms. However, the stronger brand equity of MNC firms may actually hurt the performance of their new products by inhibiting product innovation. The authors use regression and probit analysis to study a panel data for 1356 food brands. Overall, this research provides fresh insights into the process by which R&D expenditure and brand equity affect product innovation and marketing performance in highly competitive product categories.
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format Journal Article
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institution Curtin University Malaysia
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publishDate 2016
publisher Elsevier
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spelling curtin-20.500.11937-281612020-07-22T03:50:06Z Product Innovation as a Mediator in the Impact of R&D Expenditure and Brand Equity on Marketing Performance Sharma, Piyush Davcik, N. Pillai, K. This study combines the signaling theory and dynamic marketing capabilities perspective to investigate the mediating role of product innovation in the influence of R&D expenditure and brand equity on marketing performance. The study shows that MNC firms are able to use R&D expenditure to improve their product innovation and market share to a greater extent compared to SME and retailer firms. However, the stronger brand equity of MNC firms may actually hurt the performance of their new products by inhibiting product innovation. The authors use regression and probit analysis to study a panel data for 1356 food brands. Overall, this research provides fresh insights into the process by which R&D expenditure and brand equity affect product innovation and marketing performance in highly competitive product categories. 2016 Journal Article http://hdl.handle.net/20.500.11937/28161 10.1016/j.jbusres.2016.03.074 Elsevier fulltext
spellingShingle Sharma, Piyush
Davcik, N.
Pillai, K.
Product Innovation as a Mediator in the Impact of R&D Expenditure and Brand Equity on Marketing Performance
title Product Innovation as a Mediator in the Impact of R&D Expenditure and Brand Equity on Marketing Performance
title_full Product Innovation as a Mediator in the Impact of R&D Expenditure and Brand Equity on Marketing Performance
title_fullStr Product Innovation as a Mediator in the Impact of R&D Expenditure and Brand Equity on Marketing Performance
title_full_unstemmed Product Innovation as a Mediator in the Impact of R&D Expenditure and Brand Equity on Marketing Performance
title_short Product Innovation as a Mediator in the Impact of R&D Expenditure and Brand Equity on Marketing Performance
title_sort product innovation as a mediator in the impact of r&d expenditure and brand equity on marketing performance
url http://hdl.handle.net/20.500.11937/28161