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Scientific Article details

Title New Product Development Capability, Sustainable Competitive Advantage, Digital Transformation, and Marketing Performance: Evidence from Thailand
ID_Doc 70832
Authors Sookbumroong, W; Phornlaphatrachakorn, K
Title New Product Development Capability, Sustainable Competitive Advantage, Digital Transformation, and Marketing Performance: Evidence from Thailand
Year 2023
Published International Journal Of Business, 28.0, 4
DOI 10.55802/IJB.028(4).003
Abstract This study aims at investigating the effects of new product development capability on sustainable competitive advantage and marketing performance through a moderator of digital transformation. In this study, 289 instant food and convenience food businesses in Thailand are the samples of the study. Structural equation model is utilized to test both direct and mediating effects and multiple regression analysis is applied to examine the moderating effects. All dimensions of new product development capability have important effects on sustainable competitive advantage. Next, sustainable competitive advantage significantly affects marketing performance and also completely mediates the new product development capability-marketing performance relationships. In addition, digital transformation plays a significant moderating role in strengthening the relationships. New product development capability is a valuable marketing strategy of firms. Therefore, firms need to critically invest in the systems and processes of this capability in order to create and improve their sustain competitiveness and long-term performance.
Author Keywords new product development capability; sustainable competitive advantage; digital transformation; marketing performance
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:001128011200005
WoS Category Business
Research Area Business & Economics
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