Fostering Innovation Through Stakeholders’ Engagement at the Healthcare Industry: Tapping the Right Key

Abstract

In this paper we investigate to which point each of the healthcare industry’s stakeholders are influencing the final innovation outputs. We propose and test a model that puts together stakeholders’ engagement, innovation objectives and innovation outputs. We analyze data from 400+ healthcare Spanish companies using Partial Least Squared modelling technique. Results show that stakeholders’ engagement is crucial to orientate innovation objectives that are directly and positively related to innovation outputs. Also, results push to a higher implication of society in the co-creation and participation in innovation activities in the healthcare industry highlighting its importance as, both, triggers and the most benefited recipients. This paper uncovers the relationship among healthcare stakeholders and innovation outputs and also answers another research question—which stakeholders have a stronger relationship with innovation outputs. Implications suggest that healthcare industry managers and policy makers should build on the relationship with clients/customers/patients/final users as innovation-related information inputs as an effective way to improve their innovation outputs.

Authors: Verma R., and other authors

[Job opportunity] Finance Support Officer

ROLE OVERVIEW VinUniversity is seeking a highly organized, detail-oriented, and experienced professional to provide financial support in a dynamic, fast-growing academic environment. This role is critical to ensuring efficient financial operations, including budget appraisal, budget monitoring, and compliance with internal policies and accounting standards. This position will report directly to the Chief Finance Officer. KEY […]

December 5, 2025

Workshop: Capacity Building for Early Career Researchers

Summary This workshop is designed to build essential research skills among students and early career researchers through focused, practical training in three key areas. The first session explores Open Research practices, including open access publishing, data sharing, and reproducibility, fostering a culture of transparency and collaboration. The second session focuses on Quantitative Research Methods, with […]

December 1, 2025

Seminar: Navigating the ESG Landscape

Implications and Opportunities for Vietnam’s Private Sector in the Era of Global Standards In today’s rapidly shifting global economy, sustainability is no longer a distant ideal – it is a defining force reshaping how companies operate, compete, and grow. Around the world, businesses are navigating an increasingly complex web of ESG standards and climate-related regulations. […]