engleski

Innovation in the U.S. furniture industry

Innovation can be a significant source of competitiveness for a company or industry sector. The United States is the largest importer and consumer of wood furniture in the world. In a 2009 study, we examined innovation in the U.S. wood furniture sector. In this presentation we will discuss a theoretical model and empirical testing of the role that innovation plays in competitiveness for furniture manufacturers in the U.S. Results indicate that relationships between firm innovative performance and competitiveness are complex. Innovation was found to depend on many internal and external firm factors including organizational structure, culture, and the industry’s global competitive environment.

innovation; furniture industry; U.S.; competitiveness

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