Commitment to innovation: the impact of top management team characteristics

被引:171
作者
Daellenbach, US
McCarthy, AM
Schoenecker, TS
机构
[1] Victoria Univ Wellington, Sch Business & Publ Management, Wellington, New Zealand
[2] Colorado State Univ, Dept Management, Ft Collins, CO 80523 USA
[3] So Illinois Univ, Dept Management, Edwardsville, IL 62026 USA
关键词
D O I
10.1111/1467-9310.00130
中图分类号
F [经济];
学科分类号
02 ;
摘要
Many organizational and environmental factors influence a firm's commitment to innovation. Among the organizational factors, the perceptual lens of the top management team and the team's dynamics are posited to have a significant direct impact on the firm's commitment to innovation. This study revisits the classic arguments of Hayes and Abernathy and empirically examines several of their propositions. The results clearly indicate a positive relationship between the technical orientation of the TMT/CEO and above-average R&D intensity. This effect remains even after controlling for the impact of performance in prior periods and firm diversification. Overall, these results suggest that establishing a high level of commitment to innovation will be promoted or impeded in many organizations because of the predispositions of the CEO and top management team.
引用
收藏
页码:199 / 208
页数:10
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