Diffusion of Innovation and Viability of Hospitals

IJOSI

International Journal of Systematic Innovation

2077-79732077-8767

AccScience Publishing

10.6977.IJoSI.202106_6(4).0004

Article

Diffusion of Innovation and Viability of Hospitals - An Empirical Studyhttps://artdesignp.com/journal/IJOSI/6/4/10.6977.IJoSI.202106_6(4).0004MenonSindhu,Jaffer Naseer Mohamed

2021

2021-04-17

Though the impact of innovation on firms’ performance is a widely studied topic, there is a dearth of research on this topic specific to private hospitals in India. The objectives of this study were to assess the diffusion of innovation among private hospitals, to examine the relationship between innovation adoption and viability of private hospitals and to examine variations in diffusion of innovation across various categories of private hospitals. This was a quantitative study conducted among 154 private hospitals in Kerala in Jan 2021. Responses to 4 statements related to innovation and 3 statements related to viability were captured using a 5 point Likert scale. Bivariate correlation results indicated that there is a positive correlation between adoption of innovative practices by hospitals and their viability. Variations in diffusion of innovation across types of hospitals were examined using independent sample t-test or ANOVA. Hospitals with specialty services, hospitals located in urban areas and newer hospitals were seen to be more open to adopting innovative practices. Findings of the study have significant implications to hospitals. Since innovation is seen to have an impact on viability it is important that hospitals adopt innovative practices in healthcare. Key words: Diffusion of innovation, Hospitals, Innovation, Viability.

Sergio, B., Francesca, I., Calabrese, M. and Marialuisa, S., 2014. The Viable Systems Approach (VSA) and its contribution to sustainable business behav- iours, Systems Research and Behavioral Science Syst. Res. Published online in Wiley Online Li- brary.Beer, S., 1984. The Viable System Model: Its prove- nance, development, methodology and pathology, J Oper Res Soc, 35, 7-25.Beer, S., 1985. Diagnosing the System for Organizations, John Wiley, London, New York.Burke, M., Fournier, G. & Prasad, K., 2007. The diffu- sion of a medical innovation: Is success in the stars? Southern Economic Journal, 73(3), 588-603. Accessed on Feb 6, 2021, from http://www.jstor.org/stable/20111913Christensen, C. M., 2017. The innovators prescription, McGraw Hill.Djellal, F., Gallouj, F., 2007. Innovation in hospitals: a survey of the literature, The European Journal of Health Economics, 8(3), 181-193.Goes, J., & Park, S., 1997. Interorganizational links and innovation: The case of hospital services, The Academy of Management Journal, 40(3), 673-696.Hashimoto, H., Noguchi, H., Heidenreich, P., et. al., 2006. The diffusion of medical technology, local conditions, and technology re-invention: a compar- ative case study on coronary stenting. Health Pol- icy, 79(2-3), 221-30.Harvard Business Review, 2003. Managing Creativity and Innovation, Harvard Business Review, Boston.Herzlinger, R. E., 2006. Why innovation in health care is so hard? Harvard Business Review (Magazine) https://hbr.org/2006/05/why-innovation-in-health- care-is-so-hard (accessed on Feb 02, 2021).Jerome-D’Emilia B., Begun J.W., 2005. Diffusion of breast conserving surgery in medical communities, Soc Sci Med 60, 143-151.Blank Jos & Valdmanis, V., 2013. Technology diffusion in hospitals: A log odds random effects regression model, The International Journal of Health Plan- ning and Management, 30(3).Mazumdar-Shaw, K., 2018. Leveraging affordable inno- vation to tackle India's healthcare challenge. IIMB Management Review, 30(1), 37-5.Mai, A.N., Vu, H.V., Bui, B.X. & Tran, T.Q., 2019. The lasting effects of innovation on firm profitability: panel evidence from a transitional economy, Eco- nomic Research-Ekonomska Istraživanja, 32(1), 3417-3436.Minor, D., Brook, P., and Bernoff, J., 2017. Are innova- tive companies more profitable? MIT Sloan Man- agement Review. https://sloanreview.mit.edu/arti- cle/are-innovative-companies-more-profitable/ (accessed on Feb 02, 2021).NITI Aayog, 2019. Healthy States Progressive India Re- port on the ranks of states and union territories. Health Index, June 2019.Nystrom, P.C., Ramamurthy, K., Wilson, A., 2002. Or- ganizational context, climate and innovativeness: adoption of imaging technology, Journal of Engi- neering and Technology Management 19(3), 221- 247. DOI:10.6977 /IJoSI.202106_6(4).0004S. R. Menon, N. M. Jaffer / Int. J. Systematic Innovation, 6(4), 46-54 (2021) 54 International Journal of Systematic Innovation https://www.ijosi.orgPhelps, C., 2017. Health Economics, 6e. Routledge NewYork and LondonSalge, O., Vera, A. 2009. Hospital innovativeness and organizational performance: Evidence from Eng- lish public acute care, Health Care Management Review, 34(1), 54-67.Schweitzer, F. et. al., 2015. Technologically reflective individuals as enablers of social innovation, J Prod Inno Manage, 32(6), 847-60.Skinner, J. & Staiger, D., 2015. Technology diffusion and productivity growth in healthcare. The Review of Economics and Statistics, 97(5), 951-964.World Health Organisation, Health Topics: Innovation (2021) https://www.who.int/topics/innovation/en/ (accessed on Feb 10, 2021).