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This causal study empirically examines the impact of multidimensional Service Innovation (SI) based on New Service Offering/product (NSO), new service process (NSP) and New Service Business Model (NSBM) on performance of banking services from a developing country context in the face of business environment (BE) characterized by dynamism and competitiveness. It employs quantitative data gathered through cross-sectional self-administered survey questionnaire on a 5- point Likert-type scale from a sample of 220 managers from the banking organizations to predict the impact of multidimensional service innovation on performance. Data are analyzed statistically through SPSS-19 and Amos-18 by means of bivariate correlation and regression. Results indicate a strong impact of multi-dimensional service innovation on performance. Each dimension of service innovation significantly predicts service innovation performance. Business environment theorized in terms of competition and uncertainty fails to moderate the relationship between service innovation and performance. In this way, this study offers many valuable insights in the field of service innovation and performance management areas which can be valuable to several audiences such as researchers, practitioners and policy makers in developing service innovation strategies to augment performance. It is a fresh addition to literature and contributes both theoretically and practically.

Muhammad Umer Asgher, Muhammad Imran Hanif. (2018) Impact of Multi-Dimensional Service Innovation on Performance of the Banking Services, Paradigms , Vol 12, Issue 1.
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