Unveiling the role of risk‐taking in innovation: antecedents and effects

IF 6.7 2区管理学 Q1 BUSINESS

R&D Management Pub Date : 2021-05-05 DOI:10.1111/RADM.12477

S. Giaccone, M. Magnusson

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引用次数: 14

Abstract

This study addresses innovation development with a focus on risk- taking, widely considered a relevant driver for the exploration and exploitation of new ideas. The study empirically examines the effects of risk- taking propensity on innovation performance and its antecedents. We consider the role of several key antecedents related to the organizational structure and the activities of firms aimed at encouraging employees to take risks in innovation. We performed an empirical survey within a global and innovation- oriented Swedish company to test our hypotheses. Correlation and linear regression analyses were used to analyze the collected data. The results highlight the significant effect of risk- taking on innovation performance and show that the availability of organizational resources, innovation support activities, clear innovation goals, and collaboration have a significant positive effect on risk- taking. However, contrary to the hypothesis, well- established innovation processes have a significant but negative effect on risk- taking and innovation performance. This study contributes to existing knowledge on the role of risk- taking for innovation, providing insights into designing organizational contexts that encourage an appropriate risk appetite in employees.

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揭示风险承担在创新中的作用:前因和影响

本研究以风险承担为重点探讨创新发展，风险承担被广泛认为是探索和开发新思想的相关驱动因素。本研究实证检验了风险承担倾向对创新绩效的影响及其前因。我们考虑了与组织结构和旨在鼓励员工在创新中承担风险的公司活动相关的几个关键先决条件的作用。我们在一家全球化和创新导向的瑞典公司进行了实证调查，以检验我们的假设。采用相关分析和线性回归分析对收集的数据进行分析。结果表明，风险承担对创新绩效有显著影响，组织资源的可获得性、创新支持活动、明确的创新目标和协作对风险承担有显著的正向影响。然而，与假设相反，完善的创新过程对风险承担和创新绩效有显著的负向影响。本研究对风险承担对创新的作用的现有知识有所贡献，为设计鼓励员工适当风险偏好的组织环境提供了见解。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

R&D Management Multiple-

CiteScore

11.30

自引率

9.50%

发文量

期刊介绍： R&D Management journal publishes articles which address the interests of both practising managers and academic researchers in research and development and innovation management. Covering the full range of topics in research, development, design and innovation, and related strategic and human resource issues - from exploratory science to commercial exploitation - articles also examine social, economic and environmental implications.