Final published version
Licence: CC BY: Creative Commons Attribution 4.0 International License
Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Individual innovation behavior and firm-level exploration and exploitation
T2 - How family firms make the most of their managers
AU - Strobl, Andreas
AU - Matzler, Kurt
AU - Nketia, Bright Adu
AU - Veider, Viktoria
PY - 2020/8/30
Y1 - 2020/8/30
N2 - 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.
AB - 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.
KW - Individual innovation behavior
KW - Top managers
KW - Family firm
KW - Firm-level innovation
KW - Exploration
KW - Exploitation
U2 - 10.1007/s11846-018-0309-9
DO - 10.1007/s11846-018-0309-9
M3 - Journal article
VL - 14
SP - 809
EP - 844
JO - Review of Managerial Science
JF - Review of Managerial Science
SN - 1863-6691
IS - 4
ER -