期刊
REVIEW OF MANAGERIAL SCIENCE
卷 14, 期 4, 页码 809-844出版社
SPRINGER HEIDELBERG
DOI: 10.1007/s11846-018-0309-9
关键词
Individual innovation behavior; Top managers; Family firm; Firm-level innovation; Exploration; Exploitation
类别
资金
- University of Innsbruck
- Medical University of Innsbruck
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.
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