Moderate Competitive Intensity's Impact On The Link Between Product Innovation And Market Success: A Case Study On North African Countries
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Abstract
This study investigates the interplay between Product Innovation, Competitive Intensity, and Market Success in competitive business environments. Through a quantitative analysis of data collected from firms across various industries, the study examines the relationships between these constructs and explores the moderating role of Competitive Intensity on the relationship between Product Innovation and Market Success. The findings reveal a significant positive relationship between Product Innovation and Market Success, highlighting the pivotal role of innovation in driving firm performance. Additionally, Competitive Intensity demonstrates a significant positive impact on Market Success, emphasizing the importance of understanding and navigating competitive dynamics effectively. Furthermore, Competitive Intensity effectively moderates the relationship between Product Innovation and Market Success, indicating that the influence of innovation on market performance varies depending on the level of competitive pressure. These findings underscore the critical importance of both Product Innovation and Competitive Intensity in achieving Market Success and offer valuable insights for firms seeking to optimize their innovation strategies and navigate competitive environments effectively.