Does innovation contribute to generate brand equity and customer satisfaction?: Evidence in the large grocery distribution
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Published
27-11-2020
Antonio Marín García
Irene Gil-Saura
Maria Eugenia Ruiz-Molina
https://orcid.org/0000-0002-4109-6008
Irene Gil-Saura
Maria Eugenia Ruiz-Molina
Abstract
The development of this work aims at an approach to the concept of retail innovation, from a threefold approach: product innovation, marketing innovation and relational innovation. In addition, their links to other constructs that have traditionally sparked special interest in marketing research, such as brand loyalty, brand equity, and satisfaction, are examined. To do this, a theoretical model is delimited, which is contrasted through an empirical analysis based on a survey of a sample of 510 customers from three commercial grocery formats —hypermarket, supermarket and discount store— in the province of Valencia. In order to test the proposed relationships in the form of hypotheses, the data collected was analyzed using the partial least squares regression (PLS) technique.The results confirm the role of innovation as a driving force for brand loyalty, enhanced by ICT. In addition, there are chained effects of brand loyalty on brand equity and of this last variable on satisfaction. Finally, the derived conclusions guide a set of recommendations for management, based on the benefits observed when developing innovation processes in the largest grocery retailers.
How to Cite
Marín García, A., Gil-Saura, I., & Ruiz-Molina, M. E. (2020). Does innovation contribute to generate brand equity and customer satisfaction?: Evidence in the large grocery distribution. Cuadernos De Gestión, 20(3), 29–40. https://doi.org/10.5295/cdg.191130am
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Keywords
product innovation, marketing innovation, relational innovation, loyalty, brand equity, satisfaction
References
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Aaker, D. A., 1996. Measuring brand equity across products and markets. California Management Review, 38(3), 102-120.
Abodohoui, A., Mohiuddin, M. y Su, Z., 2013. E-communication adoption in Benin Public Administration: Challenges and strategies. International Journal of Business and Management, 9(1), 43.
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Arnett, D. B. Laverie, D. A. y Meiers, A., 2003. Developing parsimonious retailer equity indexes using partial least squares analysis: A method and applications. Journal of Retailing, 79 (3), 161-170.
Arvanitis, S. Loukis, E. y Diamantopoulou, V., 2013. The effect of soft ICT capital on innovation performance of greek firms. Journal of Enterprise Information Management, 26 (6), 679-701.
Atilgan, E., Aksoy, Ş. y Akinci, S., 2005. Determinants of the brand equity: A verification approach in the beverage industry in Turkey. Marketing Intelligence & Planning, 23(3), 237-248.
Bagozzi, R. P. y Yi, Y., 1988. On the evaluation of structural equation models. Journal of the academy of marketing science, 16(1), 74-94.
Beata, R., 2016. Information and communication technologies as a source of marketing innovations in retail–trends. Journal of Economics & Management, 23, 45-53.
Berthon, P., Mac Hulbert, J. y Pitt, L., 2004. Innovation or customer orientation? An empirical investigation. European Journal of Marketing, 38(9/10), 1065-1090.
Bloemer, J. y Odekerken-Schroder, G., 2002. Store satisfaction and store loyalty explained by customer-and store-related factors. Journal of Consumer Satisfaction, Dissatisfaction and Complaining Behavior, 15, 68-80.
Buil, I., Martínez, E. y Chernatony, L. D., 2010. Medición del valor de marca desde un enfoque formativo. Cuadernos de Gestión, 10, 167-196.
Bravo Gil, R., Fraj Andrés, E. y Martinez Salinas, E., 2007. Family as a source of consumer-based brand equity. Journal of Product & Brand Management, 16(3), 188-199.
Carmines, E. G. y Zeller, R. A., 1979. Reliability and validity assessment. (17). United Kingdom: Sage publications.
Cassel, C., Hackl, P. y Westlund, A. H., 1999. Robustness of partial least-squares method for estimating latent variable quality structures. Journal of Applied Statistics, 26(4), 435-446.
Chin, W. W., 1998. The partial least squares approach to structural equation modeling. Modern Methods for Business Research, 295(2), 295-336.
Churchill Jr, G. A., 1979. A paradigm for developing better measures of marketing constructs. Journal of Marketing Research, 64-73.
Clark, D. N., 2010. Innovation management in SMEs: Active innovators in New Zealand. Journal of Small Business & Entrepreneurship, 23(4), 601-619.
Cliquet, G., 2011. La innovación en la distribución: el caso de Francia. Distribución y Consumo, 21(115), 26-33.
Delgado, E. y Munuera, J. L., 2002. Medición del capital de marca con indicadores formativos. Investigación y Marketing, 759, 16-20.
Eisingerich, A. B. y Rubera, G., 2010. Drivers of brand commitment: A cross-national investigation. Journal of International Marketing, 18(2), 64-79
Efron, B. y Tibshirani, R., 1986. Bootstrap methods for standard errors, confidence intervals, and other measures of statistical accuracy. Statistical Science, 54-75.
Falk, R. F. y Miller, N. B., 1992. A primer for soft modeling. Ohio: University of Akron Press.
Fornell, C. y Larcker, D. F., 1981. Structural equation models with unobservable variables and measurement error: Algebra and statistics. Journal of Marketing Research, 382-388.
Fornell, C. y Bookstein, F. L., 1982. Two structural equation models: LISREL and PLS applied to consumer exit-voice theory. Journal of Marketing Research, 440-452.
Foroudi, P., Jin, Z., Gupta, S., Melewar, T. C. y Foroudi, M. M., 2016. Influence of innovation capability and customer experience on reputation and loyalty. Journal of Business Research, 69(11), 4882-4889.
Gil-Saura, I., Ruiz-Molina, M. E., Michel, G. y Corraliza-Zapata, A., 2013. Retail brand equity: A model based on its dimensions and effects. The International Review of Retail, Distribution and Consumer Research, 23(2), 111-136.
Gil-Saura, I., Ruiz-Molina, M. E. y Berenguer-Contrí, G., 2014. Retail innovativeness: Importance of ICT and impact on consumer behaviour. Handbook of Research on Retailer-Consumer Relationship Development, 384-403.
Gonzalez-Lafaysse, L. y Lapassouse-Madrid, C., 2016. Facebook and sustainable development: a case study of a French supermarket chain. International Journal of Retail & Distribution Management, 44(5), 560-582.
Grewal, D., Ailawadi, K. L., Gauri, D., Hall, K., Kopalle, P. y Robertson, J. R., 2011. Innovations in retail pricing and promotions. Journal of Retailing, 87, S43-S52.
Grewal, D., Roggeveen, A. L. y Nordfält, J., 2017. The future of retailing. Journal of Retailing, 93(1), 1-6.
Hair Jr, J. F., Hult, G. T. M., Ringle, C. y Sarstedt, M., 2016. A primer on partial least squares structural equation modeling (PLS-SEM). California: Sage Publications.
Hänseler, F. S., Lam, W. H., Bierlaire, M., Lederrey, G. y Nikolić, M., 2017. A dynamic network loading model for anisotropic and congested pedestrian flows. Transportation Research Part B: Methodological, 95, 149-168.
Henard, D. H. y Dacin, P. A., 2010. Reputation for product innovation: Its impact on consumers. Journal of Product Innovation Management, 27 (3), 321-335.
Huang, J. W., Li, Y. H. y Yen, M. T., 2016. The Relationship between Green Innovation and Business Performance-The Mediating Effect of Brand Image. Xing Xiao Ping Lun, 13(1), 89.
Hunt, S. D., 2010. Marketing theory: Foundations, controversy, strategy, resource-advantage theory, New York: M.E. Sharpe
Kim, K. H., Kim, K. S., Kim, D. Y., Kim, J. H. y Kang, S. H., 2008. Brand equity in hospital marketing. Journal of Business Research, 61(1), 75-82.
Kumar, P., 2014. Greening retail: an Indian experience. International Journal of Retail and Distribution Management, 42 (7), 613-625.
Kumar, V., Anand, A. y Song, H., 2017. Future of retailer profitability: an organizing framework. Journal of Retailing, 93(1), 96-119.
Kunz, W., Schmitt, B. y Meyer, A., 2011. How does perceived firm innovativeness affect the consumer? Journal of Business Research, 64(8), 816-822.
Krom, I., 2015. Global online entrepreneurship and the impact of innovation on brands. Emerging Markets Journal, 5 (2), 90-101.
Lassar, W., Mittal, B. y Sharma, A., 1995. Measuring customer-based brand equity. Journal of Consumer Marketing, 12(4), 11-19.
Lin, C. Y., 2015. Conceptualizing and measuring consumer perceptions of retailer innovativeness in Taiwan. Journal of Retailing and Consumer Services, 24, 33-41.
Marcon, A., de Medeiros, J. F. y Ribeiro, J. L. D., 2017. Innovation and environmentally sustainable economy: Identifying the best practices developed by multinationals in Brazil. Journal of Cleaner Production, 160, 83-97.
Marín-García, A., Gil-Saura, I. y Ruíz-Molina, M.E., 2019. How do innovation and sustainability contribute to generate retail equity? Evidence from Spanish retailing. Journal of Product & Brand Management https://doi.org/10.1108/JPBM-12-2018-2173
Marín, A. y Gil-Saura, I., 2017. Innovar en el comercio minorista: Influencia de las TIC y sus efectos en la satisfacción del cliente. Cuadernos de Gestión, 17(2), 109-134.
Mohd Yasin, N., Nasser Noor, M. y Mohamad, O., 2007. Does image of country-of-origin matter to brand equity? Journal of Product & Brand Management, 16(1), 38-48.
Moliner-Velázquez, B., Fuentes-Blasco, M., Servera-Francés, D. y Gil-Saura, I., 2019. From retail innovation and image to loyalty: moderating effects of product type. Service Business, 13(1), 199-224.
Moorhouse N., vom Dieck M.C. y Jung T, 2018. Technological Innovations Transforming the Consumer Retail Experience: A Review of Literature. In: Jung T., tom Dieck M. (eds) Augmented Reality and Virtual Reality. Springer, Cham: Progress in IS.
Musso, F., 2010. Innovation in marketing channels. Emerging Issues in Management, 1, 25-44.
Neirotti, P. y Pesce, D., 2019. ICT-based innovation and its competitive outcome: the role of information intensity. European Journal of Innovation Management, 22(2), 383-404.
Nunnally, J. C. y Bernstein, I. H., 1994. Psychological theory. New York: MacGraw-Hill.
Observatorio Cetelem, 2016. El Observatorio Cetelem Consumo España 2015. El regreso del consumo a España. Disponible en: http://www.elobservatoriocetelem.es/observatorio/Observatorio_Consumo_Espana_%202015.pdf
Pantano, E. y Timmermans, H., 2014. What is smart for retailing? Procedia Environmental Sciences, 22, 101-107.
Pantano, E., Priporas, C. V. y Stylos, N., 2018. Knowledge Push Curve (KPC) in retailing: Evidence from patented innovations analysis affecting retailers’ competitiveness. Journal of Retailing and Consumer Services, 44, 150-160.
Pappu, R. y Quester, P. G., 2016. How does brand innovativeness affect brand loyalty? European Journal of Marketing, 50(1/2), 2-28.
Reinartz, W., Dellaert, B., Krafft, M., Kumar, V. y Varadarajan, R., 2011. Retailing innovations in a globalizing retail market environment. Journal of Retailing, 87, S53-S66.
Ringle, C. M., Wende, S. y Becker, J. M., 2015. SmartPLS 3. SmartPLS GmbH, Boenningstedt. Journal of Service Science and Management, 10 (3).
Ruiz-Molina, M. E., Gil-Saura, I. y Servera-Francés, D., 2009. Implicaciones de la intensidad tecnológica y la calidad de servicio logístico en el comercio minorista. Boletín Económico del ICE, (2957), 55-73.
Ruiz-Molina, M. E., Gil-Saura, I. y Servera-Francés, D., 2017. Innovation as a key to strengthen the effect of relationship benefits on loyalty in retailing. Journal of Services Marketing, 31(2), 131-141
Šerić, M. y Gil-Saura, I., 2011. Integrated marketing communications and information and communication technology in the hotel sector: An analysis of their use and development in Dalmatian firstclass and luxury hotels. Journal of Retail & Leisure Property, 9(5), 401-414.
Siguaw, J. A., Simpson, P. M. y Enz, C. A., 2006. Conceptualizing innovation orientation: A framework for study and integration of innovation research. Journal of Product Innovation Management, 23(6), 556-574.
Shiau, H., 2014. The impact of product innovation on behaviour intention: The measurement of the mediating effect of the brand image of Japanese anime dolls. Anthropologist, 17 (3), 777-788.
Stagnaro, C., 2017. Competition and innovation in retail electricity markets: evidence from Italy. Economic Affairs, 37(1), 85-101.
Thien L. M., Thurasamy R. y Abd Razak N., 2014. Specifying and assessing a formative measure for Hofstede’s cultural values: A Malaysian study. Quality & Quantity, 48(6), 3327–3342.
Yoo, B., Donthu, N. y Lee, S., 2000. An examination of selected marketing mix elements and brand equity. Journal of the Academy of Marketing Science, 28(2), 195-211.
Yoo, B. y Donthu, N., 2001. Developing and validating a multidimensional consumer-based brand equity scale. Journal of Business Research, 52(1), 1-14.
Yoo, J. y Park, M., 2016. The effects of e-mass customization on consumer perceived value, satisfaction, and loyalty toward luxury brands. Journal of Business Research, 69(12), 5775-5784.
YuSheng, K. y Ibrahim, M., 2019. Service innovation, service delivery and customer satisfaction and loyalty in the banking sector of Ghana. International Journal of Bank Marketing.
Villarejo-Ramos, Á. F., 2002. Modelos multidimensionales para la medición del valor de marca. Investigaciones Europeas en Dirección y Economía de la Empresa, 8 (3), 13-44.
Wu, S. y Lin, C., 2011. The influence of innovation strategy and organizational innovation on innovation quality and performance. International Journal of Organizational Innovation, 3(4), 45-81.
Wu, F., Yeniyurt, S., Kim, D. y Cavusgil, S.T., 2006. The impact of information technology on supply chain capabilities and firm performance: A resource-based view. Industrial Marketing Management, 35 (4), 493-504.
Aaker, D. A., 1996. Measuring brand equity across products and markets. California Management Review, 38(3), 102-120.
Abodohoui, A., Mohiuddin, M. y Su, Z., 2013. E-communication adoption in Benin Public Administration: Challenges and strategies. International Journal of Business and Management, 9(1), 43.
Armstrong, J. S. y Overton, T. S., 1977. Estimating non-response bias in mail surveys. Journal of Marketing Research, 14, 396-402.
Arnett, D. B. Laverie, D. A. y Meiers, A., 2003. Developing parsimonious retailer equity indexes using partial least squares analysis: A method and applications. Journal of Retailing, 79 (3), 161-170.
Arvanitis, S. Loukis, E. y Diamantopoulou, V., 2013. The effect of soft ICT capital on innovation performance of greek firms. Journal of Enterprise Information Management, 26 (6), 679-701.
Atilgan, E., Aksoy, Ş. y Akinci, S., 2005. Determinants of the brand equity: A verification approach in the beverage industry in Turkey. Marketing Intelligence & Planning, 23(3), 237-248.
Bagozzi, R. P. y Yi, Y., 1988. On the evaluation of structural equation models. Journal of the academy of marketing science, 16(1), 74-94.
Beata, R., 2016. Information and communication technologies as a source of marketing innovations in retail–trends. Journal of Economics & Management, 23, 45-53.
Berthon, P., Mac Hulbert, J. y Pitt, L., 2004. Innovation or customer orientation? An empirical investigation. European Journal of Marketing, 38(9/10), 1065-1090.
Bloemer, J. y Odekerken-Schroder, G., 2002. Store satisfaction and store loyalty explained by customer-and store-related factors. Journal of Consumer Satisfaction, Dissatisfaction and Complaining Behavior, 15, 68-80.
Buil, I., Martínez, E. y Chernatony, L. D., 2010. Medición del valor de marca desde un enfoque formativo. Cuadernos de Gestión, 10, 167-196.
Bravo Gil, R., Fraj Andrés, E. y Martinez Salinas, E., 2007. Family as a source of consumer-based brand equity. Journal of Product & Brand Management, 16(3), 188-199.
Carmines, E. G. y Zeller, R. A., 1979. Reliability and validity assessment. (17). United Kingdom: Sage publications.
Cassel, C., Hackl, P. y Westlund, A. H., 1999. Robustness of partial least-squares method for estimating latent variable quality structures. Journal of Applied Statistics, 26(4), 435-446.
Chin, W. W., 1998. The partial least squares approach to structural equation modeling. Modern Methods for Business Research, 295(2), 295-336.
Churchill Jr, G. A., 1979. A paradigm for developing better measures of marketing constructs. Journal of Marketing Research, 64-73.
Clark, D. N., 2010. Innovation management in SMEs: Active innovators in New Zealand. Journal of Small Business & Entrepreneurship, 23(4), 601-619.
Cliquet, G., 2011. La innovación en la distribución: el caso de Francia. Distribución y Consumo, 21(115), 26-33.
Delgado, E. y Munuera, J. L., 2002. Medición del capital de marca con indicadores formativos. Investigación y Marketing, 759, 16-20.
Eisingerich, A. B. y Rubera, G., 2010. Drivers of brand commitment: A cross-national investigation. Journal of International Marketing, 18(2), 64-79
Efron, B. y Tibshirani, R., 1986. Bootstrap methods for standard errors, confidence intervals, and other measures of statistical accuracy. Statistical Science, 54-75.
Falk, R. F. y Miller, N. B., 1992. A primer for soft modeling. Ohio: University of Akron Press.
Fornell, C. y Larcker, D. F., 1981. Structural equation models with unobservable variables and measurement error: Algebra and statistics. Journal of Marketing Research, 382-388.
Fornell, C. y Bookstein, F. L., 1982. Two structural equation models: LISREL and PLS applied to consumer exit-voice theory. Journal of Marketing Research, 440-452.
Foroudi, P., Jin, Z., Gupta, S., Melewar, T. C. y Foroudi, M. M., 2016. Influence of innovation capability and customer experience on reputation and loyalty. Journal of Business Research, 69(11), 4882-4889.
Gil-Saura, I., Ruiz-Molina, M. E., Michel, G. y Corraliza-Zapata, A., 2013. Retail brand equity: A model based on its dimensions and effects. The International Review of Retail, Distribution and Consumer Research, 23(2), 111-136.
Gil-Saura, I., Ruiz-Molina, M. E. y Berenguer-Contrí, G., 2014. Retail innovativeness: Importance of ICT and impact on consumer behaviour. Handbook of Research on Retailer-Consumer Relationship Development, 384-403.
Gonzalez-Lafaysse, L. y Lapassouse-Madrid, C., 2016. Facebook and sustainable development: a case study of a French supermarket chain. International Journal of Retail & Distribution Management, 44(5), 560-582.
Grewal, D., Ailawadi, K. L., Gauri, D., Hall, K., Kopalle, P. y Robertson, J. R., 2011. Innovations in retail pricing and promotions. Journal of Retailing, 87, S43-S52.
Grewal, D., Roggeveen, A. L. y Nordfält, J., 2017. The future of retailing. Journal of Retailing, 93(1), 1-6.
Hair Jr, J. F., Hult, G. T. M., Ringle, C. y Sarstedt, M., 2016. A primer on partial least squares structural equation modeling (PLS-SEM). California: Sage Publications.
Hänseler, F. S., Lam, W. H., Bierlaire, M., Lederrey, G. y Nikolić, M., 2017. A dynamic network loading model for anisotropic and congested pedestrian flows. Transportation Research Part B: Methodological, 95, 149-168.
Henard, D. H. y Dacin, P. A., 2010. Reputation for product innovation: Its impact on consumers. Journal of Product Innovation Management, 27 (3), 321-335.
Huang, J. W., Li, Y. H. y Yen, M. T., 2016. The Relationship between Green Innovation and Business Performance-The Mediating Effect of Brand Image. Xing Xiao Ping Lun, 13(1), 89.
Hunt, S. D., 2010. Marketing theory: Foundations, controversy, strategy, resource-advantage theory, New York: M.E. Sharpe
Kim, K. H., Kim, K. S., Kim, D. Y., Kim, J. H. y Kang, S. H., 2008. Brand equity in hospital marketing. Journal of Business Research, 61(1), 75-82.
Kumar, P., 2014. Greening retail: an Indian experience. International Journal of Retail and Distribution Management, 42 (7), 613-625.
Kumar, V., Anand, A. y Song, H., 2017. Future of retailer profitability: an organizing framework. Journal of Retailing, 93(1), 96-119.
Kunz, W., Schmitt, B. y Meyer, A., 2011. How does perceived firm innovativeness affect the consumer? Journal of Business Research, 64(8), 816-822.
Krom, I., 2015. Global online entrepreneurship and the impact of innovation on brands. Emerging Markets Journal, 5 (2), 90-101.
Lassar, W., Mittal, B. y Sharma, A., 1995. Measuring customer-based brand equity. Journal of Consumer Marketing, 12(4), 11-19.
Lin, C. Y., 2015. Conceptualizing and measuring consumer perceptions of retailer innovativeness in Taiwan. Journal of Retailing and Consumer Services, 24, 33-41.
Marcon, A., de Medeiros, J. F. y Ribeiro, J. L. D., 2017. Innovation and environmentally sustainable economy: Identifying the best practices developed by multinationals in Brazil. Journal of Cleaner Production, 160, 83-97.
Marín-García, A., Gil-Saura, I. y Ruíz-Molina, M.E., 2019. How do innovation and sustainability contribute to generate retail equity? Evidence from Spanish retailing. Journal of Product & Brand Management https://doi.org/10.1108/JPBM-12-2018-2173
Marín, A. y Gil-Saura, I., 2017. Innovar en el comercio minorista: Influencia de las TIC y sus efectos en la satisfacción del cliente. Cuadernos de Gestión, 17(2), 109-134.
Mohd Yasin, N., Nasser Noor, M. y Mohamad, O., 2007. Does image of country-of-origin matter to brand equity? Journal of Product & Brand Management, 16(1), 38-48.
Moliner-Velázquez, B., Fuentes-Blasco, M., Servera-Francés, D. y Gil-Saura, I., 2019. From retail innovation and image to loyalty: moderating effects of product type. Service Business, 13(1), 199-224.
Moorhouse N., vom Dieck M.C. y Jung T, 2018. Technological Innovations Transforming the Consumer Retail Experience: A Review of Literature. In: Jung T., tom Dieck M. (eds) Augmented Reality and Virtual Reality. Springer, Cham: Progress in IS.
Musso, F., 2010. Innovation in marketing channels. Emerging Issues in Management, 1, 25-44.
Neirotti, P. y Pesce, D., 2019. ICT-based innovation and its competitive outcome: the role of information intensity. European Journal of Innovation Management, 22(2), 383-404.
Nunnally, J. C. y Bernstein, I. H., 1994. Psychological theory. New York: MacGraw-Hill.
Observatorio Cetelem, 2016. El Observatorio Cetelem Consumo España 2015. El regreso del consumo a España. Disponible en: http://www.elobservatoriocetelem.es/observatorio/Observatorio_Consumo_Espana_%202015.pdf
Pantano, E. y Timmermans, H., 2014. What is smart for retailing? Procedia Environmental Sciences, 22, 101-107.
Pantano, E., Priporas, C. V. y Stylos, N., 2018. Knowledge Push Curve (KPC) in retailing: Evidence from patented innovations analysis affecting retailers’ competitiveness. Journal of Retailing and Consumer Services, 44, 150-160.
Pappu, R. y Quester, P. G., 2016. How does brand innovativeness affect brand loyalty? European Journal of Marketing, 50(1/2), 2-28.
Reinartz, W., Dellaert, B., Krafft, M., Kumar, V. y Varadarajan, R., 2011. Retailing innovations in a globalizing retail market environment. Journal of Retailing, 87, S53-S66.
Ringle, C. M., Wende, S. y Becker, J. M., 2015. SmartPLS 3. SmartPLS GmbH, Boenningstedt. Journal of Service Science and Management, 10 (3).
Ruiz-Molina, M. E., Gil-Saura, I. y Servera-Francés, D., 2009. Implicaciones de la intensidad tecnológica y la calidad de servicio logístico en el comercio minorista. Boletín Económico del ICE, (2957), 55-73.
Ruiz-Molina, M. E., Gil-Saura, I. y Servera-Francés, D., 2017. Innovation as a key to strengthen the effect of relationship benefits on loyalty in retailing. Journal of Services Marketing, 31(2), 131-141
Šerić, M. y Gil-Saura, I., 2011. Integrated marketing communications and information and communication technology in the hotel sector: An analysis of their use and development in Dalmatian firstclass and luxury hotels. Journal of Retail & Leisure Property, 9(5), 401-414.
Siguaw, J. A., Simpson, P. M. y Enz, C. A., 2006. Conceptualizing innovation orientation: A framework for study and integration of innovation research. Journal of Product Innovation Management, 23(6), 556-574.
Shiau, H., 2014. The impact of product innovation on behaviour intention: The measurement of the mediating effect of the brand image of Japanese anime dolls. Anthropologist, 17 (3), 777-788.
Stagnaro, C., 2017. Competition and innovation in retail electricity markets: evidence from Italy. Economic Affairs, 37(1), 85-101.
Thien L. M., Thurasamy R. y Abd Razak N., 2014. Specifying and assessing a formative measure for Hofstede’s cultural values: A Malaysian study. Quality & Quantity, 48(6), 3327–3342.
Yoo, B., Donthu, N. y Lee, S., 2000. An examination of selected marketing mix elements and brand equity. Journal of the Academy of Marketing Science, 28(2), 195-211.
Yoo, B. y Donthu, N., 2001. Developing and validating a multidimensional consumer-based brand equity scale. Journal of Business Research, 52(1), 1-14.
Yoo, J. y Park, M., 2016. The effects of e-mass customization on consumer perceived value, satisfaction, and loyalty toward luxury brands. Journal of Business Research, 69(12), 5775-5784.
YuSheng, K. y Ibrahim, M., 2019. Service innovation, service delivery and customer satisfaction and loyalty in the banking sector of Ghana. International Journal of Bank Marketing.
Villarejo-Ramos, Á. F., 2002. Modelos multidimensionales para la medición del valor de marca. Investigaciones Europeas en Dirección y Economía de la Empresa, 8 (3), 13-44.
Wu, S. y Lin, C., 2011. The influence of innovation strategy and organizational innovation on innovation quality and performance. International Journal of Organizational Innovation, 3(4), 45-81.
Wu, F., Yeniyurt, S., Kim, D. y Cavusgil, S.T., 2006. The impact of information technology on supply chain capabilities and firm performance: A resource-based view. Industrial Marketing Management, 35 (4), 493-504.
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