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Individual innovation behavior and firm-level exploration and exploitation: how family firms make the most of their managers
- Source :
- Review of Managerial Science. 14:809-844
- Publication Year :
- 2018
- Publisher :
- Springer Science and Business Media LLC, 2018.
-
Abstract
- This study investigates the influence of top managers’ individual innovation behavior on firm-level innovation activities, specifically on exploration and exploitation. The influence of individual actions depends on managerial discretion, which is dependent on the ownership context of a business. Thus, this study explores how family ownership moderates the relationships between a top manager’s individual innovation behavior and firm-level exploration and exploitation. Based on a sample of 195 firms, of which 120 are family firms, our findings depict highly significant relationships between managers’ individual innovation behavior and firm-level exploration and exploitation innovation. Furthermore, we find differences regarding these relationships between family firms and their non-family counterparts. We contribute to literature showing that family firms provide a unique context for leveraging a top manager’s individual innovation behavior into firm-level exploration activities.
- Subjects :
- Managerial discretion
0502 economics and business
05 social sciences
Sample (statistics)
Context (language use)
060301 applied ethics
06 humanities and the arts
Business
0603 philosophy, ethics and religion
General Business, Management and Accounting
050203 business & management
Industrial organization
Subjects
Details
- ISSN :
- 18636691 and 18636683
- Volume :
- 14
- Database :
- OpenAIRE
- Journal :
- Review of Managerial Science
- Accession number :
- edsair.doi...........cd5fc48bf1e3fe13c5bb7204dff6be58