title: Innovation in times of crisis: A systematic literature review
metadata.name: dc.contributor.author
metadata.value: Smara, Rafik
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2022-12-02T13:58:28Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2022-12-02T13:58:28Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2022-09
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Smara R. 2022. Innovation in times of crisis: A systematic literature review. Vestnik of Saint Petersburg University. Management 21 (3): 429–471. https://doi.org/10.21638/11701/spbu08.2022.305
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/11701/spbu08.2022.305
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/38662
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: Today the world faces significant economic and financial crises, which have drawn firms into
  high levels of uncertainty and directly influences their innovation strategies. The literature on
  organizational decline reveals a lack of agreement about the effects of decline on innovation. This
  study aims to shed light on how economic crisis affects innovation and to provide a comprehensive
  picture of the innovation constraints and determinants with a focus on environmental factors.
  To add to the extant knowledge in the area of innovativeness in crisis, a systematic literature
  review using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses was conducted.
  70 conceptual and empirical research articles published in the period 2000–2021 from
  highly ranked journals according to the Association of Business Schools rating were reviewed.
  The article presents three identified patterns related to a firm’s innovation behaviour in crisis: а
  cyclical behaviour in which most of companies reduce their costs and become more unwilling
  to engage in innovation activities, a neutral behaviour with a view to keep the status quo, and a
  counter-cyclical behaviour when companies tend to boost their innovation activities. The three
  innovation behaviours are contingent on several factors that hamper innovation. Furthermore,
  the findings suggest that innovation positively affects the performance of firms in the context of
  crisis and this impact is contingent upon the level of environmental turbulence. This review contributes
  to the extant knowledge on the adaptation of firms to adverse environments. The study
  offers a nuanced understanding of the main innovation strategies to respond to the economic
  downturn at the firm and country level, highlights benefits of innovation in highly turbulent settings
  and gives a detailed description of factors that play an important role in counteracting the
  negative effect of crisis on firms’ investment in innovations.
metadata.lang: en_GB
metadata.name: dc.description.sponsorship
metadata.value: This research has been conducted with financial support from the Russian Science Foundation grant
  (project No. 21-78-10024, http://rscf.ru/project/21-78-10024).
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: en
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Vestnik of St Petersburg University. Management;Volume 21; Issue 3
metadata.lang: -
metadata.name: dc.subject
metadata.value: innovation
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: innovativeness
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: crisis
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: R&D
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: innovative ambidexterity
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: systematic review
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Innovation in times of crisis: A systematic literature review
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 919.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/38662/1/919.pdf
resources.format: Adobe PDF
resources.size: 2,13 MB