Entrepreneurship (Fach) / Timing is everything: A Meta-Analysis of the Relationships between Organizationa (Lektion)
In dieser Lektion befinden sich 7 Karteikarten
Bowen et al.
Diese Lektion wurde von joxel erstellt.
- General topic · Unpacking the relationships between innovation and organizational performance is a compelling research challenge o We need to understand whether past performance is a key driver of firms' innovative activity, and whether innovation today spurs superior future performance o We begin by using the economic rent-seeking and managerial cognition perspectives to develop rationales for the conventionally predicted signs of the innovation and performance relationships
- economic rent-seeking view posits a positive impact of innovation on future performance
- resource-based view of the firm explains competitive advantage as rent generation from heterogeneous and immobile resources
- The entrepreneurial risk-taking perspective suggests a positive relationship between innovation and future performance as entrepreneurs reap economic rents from developing new products and business models
- Hypothesis: Impact of innovation on future success -positive economic rent-seeking view The entrepreneurial risk-taking perspective
- Hypothesis: Past performance's impact on innovation -positive past performance frames managers to frame innovations as opportunities and encourages managers to adopt risky innovations Generated slack resources through strong performance which can be used to exploit new alternatives Low slack recources may hinder the manager to be innovative (lack of funds)
- Additional finding · The relationship is also stronger where innovation is measured by innovative posture, in smaller companies, and in service industries, especially if performance is measured in terms of market performance