The approach of value innovation towards superior performance, competitive advantage, and sustainable growth: A systematic literature review

The value innovation strategy of pursuing differentiation and low cost has diverged and correlated with various notions and perspectives, which adds complexity and ambiguity to the current knowledge of value innovation. Thus, this study uses a systematic literature review methodology to identify key...

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Main Authors: Hajar, Mohammed A., Alkahtani, Ammar Ahmed, Daing Mohd Nasir, Ibrahim, Mohd Ridzuan, Darun, Al-Sharaf, Mohammed A., Tiong, Sieh Kiong
Format: Article
Language:English
Published: MDPI 2021
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/32542/
http://umpir.ump.edu.my/id/eprint/32542/1/The%20approach%20of%20value%20Innovation%20towards%20superior%20performance.pdf
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author Hajar, Mohammed A.
Alkahtani, Ammar Ahmed
Daing Mohd Nasir, Ibrahim
Mohd Ridzuan, Darun
Al-Sharaf, Mohammed A.
Tiong, Sieh Kiong
author_facet Hajar, Mohammed A.
Alkahtani, Ammar Ahmed
Daing Mohd Nasir, Ibrahim
Mohd Ridzuan, Darun
Al-Sharaf, Mohammed A.
Tiong, Sieh Kiong
author_sort Hajar, Mohammed A.
building UMP Institutional Repository
collection Online Access
description The value innovation strategy of pursuing differentiation and low cost has diverged and correlated with various notions and perspectives, which adds complexity and ambiguity to the current knowledge of value innovation. Thus, this study uses a systematic literature review methodology to identify key scientific contributions to the field of value innovation by providing a structured reliable overview of the current knowledge. This study aims to integrate the findings of previous research on value innovation to identify where conclusions converge and diverge and highlight emerging trends and gaps in the literature. This study seeks to answer the research question, “How can value innovation be an approach for superior performance, competitive advantage, or sustainable growth?” In this context, results are achieved through analyzing and synthesizing 73 empirical articles on value innovation literature published from 1997 to January 2021. Particularly, this study contributes to the extant literature by providing an integrative framework that summarizes the literature findings and addressing thematic classifications of the value innovation process. This study also helps further improve research on value innovation by identifying gaps and suggesting a conceptual model to mitigate those gaps.
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spelling ump-325422021-11-09T07:27:59Z http://umpir.ump.edu.my/id/eprint/32542/ The approach of value innovation towards superior performance, competitive advantage, and sustainable growth: A systematic literature review Hajar, Mohammed A. Alkahtani, Ammar Ahmed Daing Mohd Nasir, Ibrahim Mohd Ridzuan, Darun Al-Sharaf, Mohammed A. Tiong, Sieh Kiong HD Industries. Land use. Labor The value innovation strategy of pursuing differentiation and low cost has diverged and correlated with various notions and perspectives, which adds complexity and ambiguity to the current knowledge of value innovation. Thus, this study uses a systematic literature review methodology to identify key scientific contributions to the field of value innovation by providing a structured reliable overview of the current knowledge. This study aims to integrate the findings of previous research on value innovation to identify where conclusions converge and diverge and highlight emerging trends and gaps in the literature. This study seeks to answer the research question, “How can value innovation be an approach for superior performance, competitive advantage, or sustainable growth?” In this context, results are achieved through analyzing and synthesizing 73 empirical articles on value innovation literature published from 1997 to January 2021. Particularly, this study contributes to the extant literature by providing an integrative framework that summarizes the literature findings and addressing thematic classifications of the value innovation process. This study also helps further improve research on value innovation by identifying gaps and suggesting a conceptual model to mitigate those gaps. MDPI 2021-09-10 Article PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/32542/1/The%20approach%20of%20value%20Innovation%20towards%20superior%20performance.pdf Hajar, Mohammed A. and Alkahtani, Ammar Ahmed and Daing Mohd Nasir, Ibrahim and Mohd Ridzuan, Darun and Al-Sharaf, Mohammed A. and Tiong, Sieh Kiong (2021) The approach of value innovation towards superior performance, competitive advantage, and sustainable growth: A systematic literature review. Sustainability, 13 (18). pp. 1-32. ISSN 2071-1050. (Published) https://doi.org/10.3390/su131810131 https://doi.org/10.3390/su131810131
spellingShingle HD Industries. Land use. Labor
Hajar, Mohammed A.
Alkahtani, Ammar Ahmed
Daing Mohd Nasir, Ibrahim
Mohd Ridzuan, Darun
Al-Sharaf, Mohammed A.
Tiong, Sieh Kiong
The approach of value innovation towards superior performance, competitive advantage, and sustainable growth: A systematic literature review
title The approach of value innovation towards superior performance, competitive advantage, and sustainable growth: A systematic literature review
title_full The approach of value innovation towards superior performance, competitive advantage, and sustainable growth: A systematic literature review
title_fullStr The approach of value innovation towards superior performance, competitive advantage, and sustainable growth: A systematic literature review
title_full_unstemmed The approach of value innovation towards superior performance, competitive advantage, and sustainable growth: A systematic literature review
title_short The approach of value innovation towards superior performance, competitive advantage, and sustainable growth: A systematic literature review
title_sort approach of value innovation towards superior performance, competitive advantage, and sustainable growth: a systematic literature review
topic HD Industries. Land use. Labor
url http://umpir.ump.edu.my/id/eprint/32542/
http://umpir.ump.edu.my/id/eprint/32542/
http://umpir.ump.edu.my/id/eprint/32542/
http://umpir.ump.edu.my/id/eprint/32542/1/The%20approach%20of%20value%20Innovation%20towards%20superior%20performance.pdf