Building a Knowledge-Intensive Medical Device Industry: The Effect of Knowledge Creation in R&D Project Performance

Yann Mey Yee, Cheng Ling Tan, Aizzat Mohd. Nasurdin, Sook Fern Yeo, Thurasamy Ramayah

Abstract


ABSTRACT

This study aimed to examine the influence of the organizational factors (reward, training, and collaboration) and knowledge creation process on R&D project performance. A quantitative approach was employed with the data obtained from the sample of R&D projects from the medical device firms listed on the Association of Malaysian Medical Industries (AAMI). Smart-PLS 3.0 software was used to check the data validity and reliability, and to test the structural path modeling. A total of 115 R&D project managers participated in this study with a response rate of 27.2%. The results revealed that six sub-hypotheses out of seven sub-hypotheses were supported. Based on the findings, this study implies that organizational factors, such as reward and collaboration, with the knowledge creation process as the mediator, are critical to enhance the R&D project performance among medical devices firms. This study provides theoretical and practical implications as well as suggestions for future R&D performance studies in different industries.

Keywords: Reward; training; collaboration; performance; knowledge creation; R&D project

ABSTRAK

Tujuan kajian ini adalah untuk mengkaji pengaruh faktor organisasi (ganjaran, latihan dan kerjasama) dan penjanaan pengetahuan terhadap prestasi projek penyelidikan dan pembangunan. Kaedah kuantitatif telah digunakan untuk dapatan data dari projek penyelidikan dan pembangunan dalam kalangan firma peranti perubatan yang tersenarai di Persatuan Industri Perubatan Malaysia (AAMI). Perisian Smart-PLS 3.0 digunakan untuk menjalankan analisis statistik bagi menguji kesahan dan kebolehpercayaan data, dan juga menguji model laluan (path modeling). Sebanyak 115 pengurus projek penyedikan dan pembangunan dari firma peranti perubatan di Malaysia telah mengambil bahagian dalam penyelidikan tersebut dengan kadar respon sebanyak 27.2%. Dapatan kajian menunjukkan bahawa terdapat enam daripada tujuh hipotesis yang disokong. Melalui dapatan kajian ini, faktor organisasi seperti ganjaran dan kerjasama dengan penjanaan pengetahuan sebagai pengantara adalah penting untuk meningkatkan prestasi projek penyelidikan dan pembangunan dalam kalangan firma peranti perubatan. Kajian ini memberikan implikasi kepada teori dan praktikal serta boleh dicerakinkan untuk kajian dalam prestasi penyelidikan dan pembangunan masa hadapan di industri yang berlainan.

Kata kunci: Ganjaran; latihan; kerjasama; prestasi; penjanaan pengetahuan; projek penyelidikan dan pembangunan.


Keywords


R&D; project performance; knowledge creation; medical devices

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