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
复制标题
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
中科院分区:
文献类型:
--
作者:
Kraiczy; Kellermanns
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:
--
发表时间:
2001
期刊:
影响因子:
--
作者:
N. Upton;E. Teal;J. Felan
通讯作者:
J. Felan
影响因子:
10.5
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DOI:
10.2139/ssrn.1806254
发表时间:
2011
期刊:
Development of Innovation eJournal
影响因子:
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M. Woerter
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期刊:
影响因子:
--
作者:
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通讯作者:
M. Hemmasi
影响因子:
6.4
作者:
Brunninge, Olof;Nordqvist, Mattias;Wiklund, Johan
通讯作者:
Wiklund, Johan