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The Impact of Organizational Capital Investment on Employee Innovation in the Manufacturing Industry
The Impact of Organizational Capital Investment on Employee Innovation in the Manufacturing Industry
The Impact of Organizational Capital Investment on Employee Innovation in the Manufacturing Industry
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The Impact of Organizational Capital Investment on Employee Innovation in the Manufacturing Industry

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This study involved an exploration of the impact of organizational capital investment on employee innovation in the manufacturing industry. The overarching question was: Does organizational capital investment impact employee innovation in the manufacturing industry? Organizations tend to place much emphasis on how skill drives innovation, but not on how capital investment impact employee innovation. The research was guided using a qualitative phenomenological case study design to probe the impact of capital investment on employee innovation. Participants were selected through a convenience and purposive sampling method using the researchers personal professional network as well as the snowball method to seek participants from individuals referrals. Data collection involved personal interviews, audio recording, and note taking. The assumption was that employee innovation is not an option but a necessity, because organizations compete on global fronts for resources and market share. Consequently, capital investment in machinery and employee innovation becomes symbiotic in nature, not mutually exclusive. Results showed employee innovation can be impacted and enhanced through the acquisition and application of appropriate technological capital investment. The researcher recommends further research to ascertain whether the amount of organizational capital investment is proportional to the development of employee innovativeness.
LanguageEnglish
PublisherAuthorHouse
Release dateMay 20, 2016
ISBN9781524607029
The Impact of Organizational Capital Investment on Employee Innovation in the Manufacturing Industry
Author

Dr. Hyacinth Nwachukwu

Dr. (Chief) Nwachukwu holds a Degree in Nuclear Medicine Technology from Johns Hopkins University Teaching Hospital in Baltimore, Maryland; a Bachelor of Science (Cum Laude) in Economics and Finance from Lincoln University, Pennsylvania; a Master of Science in Transportation Engineering, specializing in Management & Planning from Morgan State University, Baltimore, Maryland. He began his PhD program in Energy Management and Policy Analysis at the University of Pennsylvania, Philadelphia in 1986. After many years of family setbacks, he went back to Argosy University, Phoenix Arizona, where he successfully completed the entire course work with an overall 3.84 Grade Point Average on a 4.0 scale, and passed the Comprehensive Examination on August 30, 2014. Finally, he successfully finished and defended his Doctoral Dissertation on December 7, 2015. Dr. Nwachukwu received several awards for academics excellence. He is mentioned in “Who’s Who” Among Students in America. Professionally, Dr. (Chief) Nwachukwu worked as an accounting officer at the Leventis Motors, Limited, Kaduna Nigeria; Secretary to the General Manager of Northern Nigeria Textile Mills, Kaduna Nigeria prior to leaving for the United States on January 2, 1980. While in the States, he worked as Fiscal Assistant to the Comptroller of Finance and Research Assistant at the Center for Transportation Studies, Morgan State University, Baltimore, Maryland. He held several managerial positions. Currently, he works with the Knights of Columbus Insurance and Financial Investment Department as Field Agent/Benefits Adviser.

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    The Impact of Organizational Capital Investment on Employee Innovation in the Manufacturing Industry - Dr. Hyacinth Nwachukwu

    AuthorHouse™

    1663 Liberty Drive

    Bloomington, IN 47403

    www.authorhouse.com

    Phone: 1 (800) 839-8640

    © 2016 Hyacinth Nwachukwu. All rights reserved.

    No part of this book may be reproduced, stored in a retrieval system, or transmitted by any means without the written permission of the author.

    Published by AuthorHouse 05/10/2016

    ISBN: 978-1-5246-0703-6 (sc)

    ISBN: 978-1-5246-0702-9 (e)

    Library of Congress Control Number: 2016907284

    Any people depicted in stock imagery provided by Thinkstock are models,

    and such images are being used for illustrative purposes only.

    Certain stock imagery © Thinkstock.

    Because of the dynamic nature of the Internet, any web addresses or links contained in this book may have changed since publication and may no longer be valid. The views expressed in this work are solely those of the author and do not necessarily reflect the views of the publisher, and the publisher hereby disclaims any responsibility for them.

    Contents

    Abstract

    Acknowledgements

    Dedication

    Chapter One Introduction

    Problem Statement

    Purpose of the Study

    Research Questions

    Limitations of the Study

    Delimitations of the Study

    Definitions of Terms

    Capital Investment

    Innovation

    Intellectual Capital

    Research and Development (R&D)

    Return on Investment (ROI)

    Structural Capital

    Significance of the Study

    Chapter Two Review of the Literature

    Background of the Problem

    Theoretical Foundation

    Theories and Models Relating to Capital Investment and Innovation

    Theory of Capital Investment

    Theory of Human Innovation

    Review of the Literature

    Summary

    Chapter Three Methodology

    Research Questions

    Research Methodology

    Research Design

    Population and Sample Selection

    Instrumentation

    Demographic questions (DQs)

    Interview questions (IQs)

    Follow-up questions (FQs).

    Quality Criteria

    Reliability and Validity

    Data Collection Procedures

    Procedure

    Data Analysis Procedures

    Ethical Considerations

    Informed Consent

    Confidentiality and Anonymity

    Limitations of the Study

    Delimitations of the Study

    Summary

    Potential Benefits of the Study

    Participants

    Professional Community

    Chapter Four Results

    Restatement of the Purpose

    Restatement of the Problem

    Summary of the Study Methodology

    Study Design

    Instrumentation

    Participants

    Participant Demographics

    Research Sub Question 1

    Interview question 1.

    Interview question 4.

    Interview question 5.

    Research Sub Question 2

    Research Sub Question 3

    Summary

    Success and Growth of the Economy

    Enhanced Employee Retention

    Job Satisfaction

    Cost Reduction and Quality Improvement

    Enhanced Knowledge and Skills

    Absence of Bureaucratic Bottleneck and Overhead

    Chapter Five Summary, Conclusions, and Recommendations

    Background of the Problem

    Summary of Findings

    Conclusions

    Recommendation for Further Studies

    References

    Appendices

    A. Interview Questions

    B. Consent Form

    Table of Tables

    1.   RSQs vs. Interview Questions

    2.   RSQs vs. Data Analysis

    3.   Demographics of Participants

    4.   Respondents’ Answers to Interview Question 1

    5.   Respondents’ Answers to Interview Questions 4 and 5

    6.   Respondents’ Answers to Interview Questions 6 and 7

    THE IMPACT OF ORGANIZATIONAL CAPITAL INVESTMENT

    ON EMPLOYEE INNOVATION IN THE MANUFACTURING

    INDUSTRY

    Abstract of Doctoral Dissertation Research

    Submitted to the

    Faculty of Argosy University, Phoenix Campus

    In Partial Fulfillment of

    the Requirements for the Degree of

    Doctor of Business Administration

    by

    Hyacinth Umunnakwe Nwachukwu

    Argosy University

    December 2015

    Matthew Kuofie, MBA, PhD

    Richard Dool, PhD

    Dale J. Mancini, PhD

    Department: College of Business

    Abstract

    This study involved an exploration of the impact of organizational capital investment on employee innovation in the manufacturing industry. The overarching question was: Does organizational capital investment impact employee innovation in the manufacturing industry? Organizations tend to place much emphasis on how skill drives innovation, but not on how capital investment impact employee innovation. The research was guided using a qualitative phenomenological case study design to probe the impact of capital investment on employee innovation. Participants were selected through a convenience and purposive sampling method using the researcher’s personal professional network as well as the snowball method to seek participants from individuals’ referrals. Data collection involved personal interviews, audio recording, and note taking. The assumption was that employee innovation is not an option but a necessity, because organizations compete on global fronts for resources and market share. Consequently, capital investment in machinery and employee innovation becomes symbiotic in nature, not mutually exclusive. Results showed employee innovation can be impacted and enhanced through the acquisition and application of appropriate technological capital investment. The researcher recommends further research to ascertain whether the amount of organizational capital investment is proportional to the development of employee innovativeness.

    Acknowledgements

    The writing of this dissertation is the culmination of the researcher’s efforts that have been accumulating over a significant period of time. The end result of a doctoral program is the dissertation itself.

    The responsibility of the research rests solely with the researcher. However, the product of this painstaking assignment must invariably be credited to some worthy individuals. It is important to mention here that I was extremely fortunate to have the competent and sympathetic assistance of my dissertation chairman and co-chairman in the persons of Dr. Matthews Kuofie and Dr. Richard Doo, respectively, who have diligently and didactically worked with me throughout the exhaustive period of this scholarly journey. For this reason, I say thanks to all of you!

    I would also like to thank Dr. Dale Mancini, who served as my mentor and was instrumental in the selection of my dissertation topic; Dr. Peter Egwom, who served as my counsel in time of need; my editor, Amy Gralewski; and my financial and academic advisors, Anthony Memole and Jennifer Lee-Hooper, respectively, for their guidance.

    My final thanks should go to my lovely wife, Lolo Regina N. Nwachukwu, who stood behind me all these years and provided both financial and moral support, but sometimes drove me crazy with her evangelical rhetoric; last, but not the least, my baby son, Victor Chizuru Nwachukwu, who served as my IT consultant, and my beloved daughter, Dr. Judith Eze-nwanyi Nwachukwu Anadu for her support. I sincerely remain grateful for their valuable contributions in making this dissertation task a success.

    Dedication

    This book is dedicated to all my children: Ezenwanyi, Ikechukwu, Kelechi, Chimaroke, Uchenna and Chizuru (Enyinnaya), and to my grand-children, Kobichukwu (Uzodimma), and Kambi (Ada-nna-nna); lastly to my dear friends, Dr. Peter Onu and Sir Martins Nwamadi. These people helped in one way or the other in making my world more meaningful.

    Chapter One

    Introduction

    The first chapter of any dissertation is considered the most critical as it is intended to give a clear view of the

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