Relationships between Investments in Advanced Manufacturing Technology (AMT) and performances: Some empirical evidences

Fazli Idris, Rosni Rejab, Azhar Ahmad

Research output: Contribution to journalArticle

6 Citations (Scopus)

Abstract

This study was carried out to investigate the relationship between advanced technology and company performance. Advanced Manufacturing Technology (AMT) is the application of the latest scientific or engineering discoveries to the design of operations and production processes. The dimension of analysis used was Adler's (1988) dimensions of advanced technology. The variables are design technology, manufacturing technology and administrative technology. These variables were tested for reliability and the results of Cronbach's alpha for each variable are .865 (design), .847 (manufacturing) and .663 (administrative). The variables were also tested for construct validity using factor analysis. The results of factor analysis suggest that there are 4 factors of AMT namely design technology, manufacturing technology, administrative technology and resource planning technology. The variables were analyzed using ANOVA and correlation analysis to test whether there is a difference of means and correlation respectively. The result found that, the investment did not vary according to sizes or industries. Also, there is a positive correlation between investments in advanced technology with return on investment. Explanations of the finding are also discussed.

Original languageEnglish
Pages (from-to)67-78
Number of pages12
JournalEuropean Journal of Economics, Finance and Administrative Sciences
Issue number13
Publication statusPublished - Nov 2008

Fingerprint

Manufacturing performance
Empirical evidence
Advanced manufacturing technology
Factor analysis
Manufacturing technology
Analysis of variance
Factors
Correlation analysis
Return on investment
Resource planning
Construct validity
Technology planning
Manufacturing
Company performance
Industry
Production process

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Economics, Econometrics and Finance(all)

Cite this

@article{12a529ec328a4b90b66df0f99b16f928,
title = "Relationships between Investments in Advanced Manufacturing Technology (AMT) and performances: Some empirical evidences",
abstract = "This study was carried out to investigate the relationship between advanced technology and company performance. Advanced Manufacturing Technology (AMT) is the application of the latest scientific or engineering discoveries to the design of operations and production processes. The dimension of analysis used was Adler's (1988) dimensions of advanced technology. The variables are design technology, manufacturing technology and administrative technology. These variables were tested for reliability and the results of Cronbach's alpha for each variable are .865 (design), .847 (manufacturing) and .663 (administrative). The variables were also tested for construct validity using factor analysis. The results of factor analysis suggest that there are 4 factors of AMT namely design technology, manufacturing technology, administrative technology and resource planning technology. The variables were analyzed using ANOVA and correlation analysis to test whether there is a difference of means and correlation respectively. The result found that, the investment did not vary according to sizes or industries. Also, there is a positive correlation between investments in advanced technology with return on investment. Explanations of the finding are also discussed.",
author = "Fazli Idris and Rosni Rejab and Azhar Ahmad",
year = "2008",
month = "11",
language = "English",
pages = "67--78",
journal = "European Journal of Economics, Finance and Administrative Sciences",
issn = "1450-2275",
publisher = "EuroJournals, Inc.",
number = "13",

}

TY - JOUR

T1 - Relationships between Investments in Advanced Manufacturing Technology (AMT) and performances

T2 - Some empirical evidences

AU - Idris, Fazli

AU - Rejab, Rosni

AU - Ahmad, Azhar

PY - 2008/11

Y1 - 2008/11

N2 - This study was carried out to investigate the relationship between advanced technology and company performance. Advanced Manufacturing Technology (AMT) is the application of the latest scientific or engineering discoveries to the design of operations and production processes. The dimension of analysis used was Adler's (1988) dimensions of advanced technology. The variables are design technology, manufacturing technology and administrative technology. These variables were tested for reliability and the results of Cronbach's alpha for each variable are .865 (design), .847 (manufacturing) and .663 (administrative). The variables were also tested for construct validity using factor analysis. The results of factor analysis suggest that there are 4 factors of AMT namely design technology, manufacturing technology, administrative technology and resource planning technology. The variables were analyzed using ANOVA and correlation analysis to test whether there is a difference of means and correlation respectively. The result found that, the investment did not vary according to sizes or industries. Also, there is a positive correlation between investments in advanced technology with return on investment. Explanations of the finding are also discussed.

AB - This study was carried out to investigate the relationship between advanced technology and company performance. Advanced Manufacturing Technology (AMT) is the application of the latest scientific or engineering discoveries to the design of operations and production processes. The dimension of analysis used was Adler's (1988) dimensions of advanced technology. The variables are design technology, manufacturing technology and administrative technology. These variables were tested for reliability and the results of Cronbach's alpha for each variable are .865 (design), .847 (manufacturing) and .663 (administrative). The variables were also tested for construct validity using factor analysis. The results of factor analysis suggest that there are 4 factors of AMT namely design technology, manufacturing technology, administrative technology and resource planning technology. The variables were analyzed using ANOVA and correlation analysis to test whether there is a difference of means and correlation respectively. The result found that, the investment did not vary according to sizes or industries. Also, there is a positive correlation between investments in advanced technology with return on investment. Explanations of the finding are also discussed.

UR - http://www.scopus.com/inward/record.url?scp=64549087492&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=64549087492&partnerID=8YFLogxK

M3 - Article

AN - SCOPUS:64549087492

SP - 67

EP - 78

JO - European Journal of Economics, Finance and Administrative Sciences

JF - European Journal of Economics, Finance and Administrative Sciences

SN - 1450-2275

IS - 13

ER -