发明人首席执行官的参与与企业的开拓性和探索性创新

IF 6.5 1区 管理学 Q1 BUSINESS
Joseph S. Harrison, Steven Boivie, Ithai Stern, Joseph Porac
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引用次数: 0

摘要

本研究通过考察发明人首席执行官在创新过程中的参与如何影响创新的性质,扩展了最近关于发明人首席执行官增加大型成熟企业创新产出的研究结果。我们的理论认为,对创新采取亲力亲为方式的发明家首席执行官会使其公司进行更多的开发性创新,而不是探索性创新。我们进一步假设,这种效应对于内部发明人首席执行官,尤其是创始人尤为明显,但对于外部人以及公司董事会拥有更广泛行业经验的人则较弱。我们以 1994 年至 2010 年的标准普尔 1500 指数公司为样本,以发明人首席执行官参与专利申请的情况作为亲身参与的指标,发现我们的预测得到了相当大的支持。然而,我们发现,那些作为首席执行官直接参与企业创新活动的发明人,其创新范围可能仅限于利用现有技术的渐进式创新,而不是带来新产品或服务的激进式创新。对于从公司内部升任首席执行官的发明人,尤其是创始人来说,这种倾向更强,但当公司董事会拥有更广泛的行业经验时,这种倾向就会减弱。总之,我们的研究揭示了由发明家担任首席执行官对大型企业的重要权衡、发明家首席执行官的亲身参与可能会如何缩小企业的创新轨迹,以及如何或何时可以缓解这些倾向。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Inventor CEO involvement and firm exploitative and exploratory innovation
This study extends recent findings that inventor CEOs increase innovative output in large established firms by examining how their involvement in the innovative process influences the nature of innovations produced. Our theory suggests that inventor CEOs who take a hands‐on approach to innovation lead their firms to engage in more exploitative rather than exploratory innovation. We further posit that this effect is particularly strong for insider inventor CEOs, and especially founders, but weaker for outsiders and when the firm's board has broader industry experience. Using a sample of S&P 1500 firms from 1994 to 2010 and inventor CEOs' engagement in patenting as an indicator of hands‐on involvement, we find considerable support for our predictions.CEOs with hands‐on experience innovating can substantially increase innovative output in large established firms. Yet, we show that inventors who remain directly engaged in their firms' innovation activities as CEO can limit their scope to incremental innovations that exploit existing technologies as opposed to more radical innovations that result in novel product or service offerings. These tendencies are stronger for inventors who come to the CEO position from inside the firm, especially founders, but weaker when the firm's board has broader industry experience. Overall, our study reveals an important tradeoff for large firms of having an inventor as CEO, how hands‐on involvement by inventor CEOs may narrow their firms' innovative trajectories, and how or when these tendencies can be mitigated.
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来源期刊
CiteScore
13.70
自引率
8.40%
发文量
109
期刊介绍: At the Strategic Management Journal, we are committed to publishing top-tier research that addresses key questions in the field of strategic management and captivates scholars in this area. Our publication welcomes manuscripts covering a wide range of topics, perspectives, and research methodologies. As a result, our editorial decisions truly embrace the diversity inherent in the field.
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