CEO innovation orientation and R&D intensity in small and medium-sized firms: the moderating role of firm growth

CEO innovation orientation and R&D intensity in small and medium-sized firms: the moderating role of firm growth
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CEO创新导向与R

DOI:
10.1007/s11573-014-0755-z
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发表时间:
2015
影响因子:
--
通讯作者:
Kellermanns
Kellermanns
中科院分区:
--
文献类型:
--
作者:
Kraiczy; Kellermanns

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尽管高层文献已经找到了高管特征对公司战略(例如研发强度水平)影响的证据,但关于高管的不同行为、价值观、个性、动机和经验如何影响中小型企业研发强度的研究却很少。本研究运用高层梯队理论,以企业成长(销售额和员工成长)为权变因素,分析中小型企业首席执行官(CEO)创新导向对研发强度影响的变化。由于关于企业成长对研发强度的直接影响的研究尚无定论,本研究将企业成长作为间接效应,以表明中小型企业低成长时期和高成长时期CEO创新导向对研发强度的影响是否存在差异。通过对 77 名德国制造业中小型企业 CEO 的样本分析,结果表明,CEO 创新导向对研发强度有正向影响,而企业成长则影响这种关系。具体而言,CEO的高创新导向对低增长企业的研发强度有正向影响,而对高增长企业的影响则消失。讨论了影响和未来的研究。
Although upper echelon literature has found evidence for the effect of executives’ characteristics on firm strategy such as the level of research and development (R&D) intensity, research on how different behaviors, values, personalities, motivations, and experiences of executives influence the R&D intensity of small and medium-sized firms is scarce. Applying upper echelon theory, this study uses firm growth (sales and employee growth) as a contingency factor to analyze variations in the effect of chief executive officer (CEO) innovation orientation on R&D intensity in small and medium-sized firms. As research on the direct effect of firm growth on R&D intensity is inconclusive, this study applies firm growth as an indirect effect to show whether the impact of CEO innovation orientation on R&D intensity differs in times of low growth compared to times of high growth in small and medium-sized firms. Using a sample of 77 German CEOs of small and medium-sized firms operating in manufacturing industries, results show that CEO innovation orientation has a positive effect on R&D intensity, and firm growth affects this relationship. Specifically, high CEO innovation orientation has a positive effect on R&D intensity in firms with low growth, while its impact disappears in firms that experience strong growth. Implications and future research are discussed.
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DOI: --
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