Indian Journal of Public Health Research & Development
  • Year: 2017
  • Volume: 8
  • Issue: 4

Resource Based View of Innovative Strategies in Sugar Industry and Their Effects Towards Healthcare

1Research Scholar, Symbiosis Institute of Computer Studies and Research, Symbiosis International University, Pune, India

2Assistant Professor, Symbiosis Institute of Computer Studies and Research, Symbiosis International University, Pune, India

3Professor, Symbiosis Centre for Research and Innovation, Symbiosis International University, Pune, India

Online published on 29 December, 2017.

Abstract

The main purpose of this paper was to empirically study the resource based view of innovative strategies in sugar industry and their impact on healthcare.

Structured questionnaire was pretested for the content validity from experts. The questionnaire was circulated to 100 respondents from sugar factories. The dependence relationship in the framework was checked through data analysis in SPSS. Multiple regression method was used to check model fitness and individual construct fitness.

The data showed the reliability of the items for each construct. It was found that physical capital resources comprises of technology, geographical area and availability of raw materials. Human capital resources and organisational capital resources leads to the development of innovative strategies. Innovative Capability is based on reinforcing the firm's practices and processes. Reinforcement of new practices and process leads to proper health care. Healthcare is maintenance or improvement of health via diagnosis, treatment and prevention, illness, injury, and other physical and mental impairments in human beings.

This paper discusses the development of resource based innovative strategy for the improvement healthcare environment in agrobased industry.

Keywords

Resource, Innovative strategy, Sugar industry, Healthcare environment