Naslov
The Impact of Innovative Capabilities and Innovation Types on the Financial Performances of Insurance Companies
(The Impact of Innovative Capabilities and The Impact of Innovative Capabilities and Innovation Types on the Financial Performances of Insurance Companies)

Autori
Kamenjarska, Tanja ; Spremić, Mario ; Miloloža, Ivan

Izvornik
International journal of e-services & mobile applications (1941-627X) 14 (2022), 1; 1-23

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
Digital Innovations ; Digital Transformation ; Financial Performance ; Innovation Capabilities ; Innovation ; Insurance Companies ; Republic of North Macedonia

Sažetak
The ability to innovate is essential for achieving a competitive position, and digital innovations have become one of the main drivers of competitive advantage. The factors that affect the degree of innovation (innovation efforts, competitive priorities, market strategy, the internal organisational atmosphere) impact the financial performance of insurance companies considering the market conditions. In order to shed some light on that research gap in post-transition countries, survey research has been conducted on a sample of insurance companies in the Republic of North Macedonia. The results obtained from the structural equation modelling analysis, which seeks to determine the structural relationship between the measured variables and the latent constructions, reveal positive effects of innovation performance on the profitability of insurance companies.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija, Informacijske i komunikacijske znanosti

POVEZANOST RADA