Innovation Culture and Organizational Performance: Testing the Moderating Role of Transformational Leadership in Vietnam’s Real Estate Industry

DOI

10.2991/978-94-6239-624-1_2How to use a DOI?

Keywords

Innovation culture; organizational performance; transformational leadership; real estate firms; PLS-SEM

Abstract

This study investigates how innovation culture and transformational leadership affect organizational performance in Vietnam’s real estate sector. Building on the resource-based view and dynamic capabilities, an integrated model linking organizational resources, technological capabilities, innovation culture, transformational leadership, and organizational performance is tested. Survey data from 231 real estate firms were analyzed using PLS-SEM. The findings show that resources (β = 0.476, p < 0.001) and technology (β = 0.139, p < 0.05) strengthen innovation culture; innovation culture improves organizational performance (β = 0.362, p < 0.001); and transformational leadership directly enhances performance (β = 0.183, p < 0.001) but does not moderate the innovation culture-performance relationship. The study adds evidence from a capital-intensive and highly regulated industry that has been relatively overlooked in prior research. The results also suggest that leadership may operate differently depending on context and offer practical implications for how firms in emerging economies can manage resources, apply technology, and develop leadership capacity.

Copyright

© 2026 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Hang Nhat Quang
AU  - Ngo Minh Hai
AU  - Ngo Quang Huan
PY  - 2026
DA  - 2026/04/06
TI  - Innovation Culture and Organizational Performance: Testing the Moderating Role of Transformational Leadership in Vietnam’s Real Estate Industry
BT  - Proceedings of the International Conference on Sustainable Economics and Finance in the Digital Business Transformation (INCOSEF 2025)
PB  - Atlantis Press
SP  - 4
EP  - 15
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-624-1_2
DO  - 10.2991/978-94-6239-624-1_2
ID  - Quang2026
ER  -