European manufacturing firms revolutionize internal processes with innovative technology.
The article investigates what factors influence innovation in European manufacturing firms. A model was created to predict which firms are likely to introduce new or improve internal processes. The study found that using Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM), along with electronic information exchange, positively impact innovation. Having ICT-qualified employees, investing in ICTs, firm size, and long-term supplier relationships also play a significant role in driving innovation in European manufacturing firms.