Effect of Process Innovation and Market Innovation on Financial Performance with Moderating Role of Disruptive Technology

This study examined the relationship between process innovation, market innovation and firm financial performance of Indonesian pharmaceutical firms. This study also intended to investigate the moderating role of disruptive technology on the relationship of process innovation and market innovation with Indonesian pharmaceutical firms’ financial performance. To investigate the proposed relationship, this study collected the data from managers of pharmaceutical firms in Indonesia by using survey questionnaire. PLS statistical software was employed to analyse the data. The result of this study highlighted that there is a positive relationship between process innovation, market innovation and financial performance of firms. While, results indicated that disruptive technology moderate the relationship of process innovation with financial performance, but it has no moderating role on the relationship of market innovation with financial performance. The results of this study contribute to the body of knowledge by adding to the existing literatures in the domain of innovation capabilities and financial performance. Moreover, the findings of the study have shown that innovation capabilities are capable of influencing the performance of firms. How to Cite this Article Pubmed Style Hari Muharam, Fredi Andria, Eneng Tita Tosida. Effect of Process Innovation and Market Innovation on Financial Performance with Moderating Role of Disruptive Technology. SRP. 2020; 11(1): 223-232. doi:10.5530/srp.2020. 1.29 Web Style Hari Muharam, Fredi Andria, Eneng Tita Tosida. Effect of Process Innovation and Market Innovation on Financial Performance with Moderating Role of Disruptive Technology. http://www.sysrevpharm. org/? mno=83858 [Access: March 29, 2021]. doi:10.5530/srp.2020. 1.29 AMA (American Medical Association) Style Hari Muharam, Fredi Andria, Eneng Tita Tosida. Effect of Process Innovation and Market Innovation on Financial Performance with Moderating Role of Disruptive Technology. SRP. 2020; 11(1): 223-232. doi:10.5530/srp.2020. 1.29 Vancouver/ICMJE Style Hari Muharam, Fredi Andria, Eneng Tita Tosida. Effect of Process Innovation and Market Innovation on Financial Performance with Moderating Role of Disruptive Technology. SRP. (2020), [cited March 29, 2021]; 11(1): 223-232. doi:10.5530/srp.2020. 1.29 Harvard Style Hari Muharam, Fredi Andria, Eneng Tita Tosida (2020) Effect of Process Innovation and Market Innovation on Financial Performance with Moderating Role of Disruptive Technology. SRP, 11 (1), 223-232. doi:10.5530/srp.2020. 1.29 Turabian Style Hari Muharam, Fredi Andria, Eneng Tita Tosida. 2020. Effect of Process Innovation and Market Innovation on Financial Performance with Moderating Role of Disruptive Technology. Systematic Reviews in Pharmacy, 11 (1), 223-232. doi:10.5530/srp.2020. 1.29 Chicago Style Hari Muharam, Fredi Andria, Eneng Tita Tosida. "Effect of Process Innovation and Market Innovation on Financial Performance with Moderating Role of Disruptive Technology. " Systematic Reviews in Pharmacy 11 (2020), 223-232. doi:10.5530/srp.2020. 1.29 MLA (The Modern Language Association) Style Hari Muharam, Fredi Andria, Eneng Tita Tosida. "Effect of Process Innovation and Market Innovation on Financial Performance with Moderating Role of Disruptive Technology. " Systematic Reviews in Pharmacy 11.1 (2020), 223-232. Print. doi:10.5530/srp.2020. 1.29 APA (American Psychological Association) Style Hari Muharam, Fredi Andria, Eneng Tita Tosida (2020) Effect of Process Innovation and Market Innovation on Financial Performance with Moderating Role of Disruptive Technology. Systematic Reviews in Pharmacy, 11 (1), 223-232. doi:10.5530/srp.2020. 1.29