Entrepreneurial Leadership and Product Innovation in Construction SMEs.

Autor: Giang Truong Hoang, Tuan Trong Luu, Thuy Thu Nguyen, Lan Phuong Le, Nhat Tan Pham
Zdroj: Academy of Management Annual Meeting Proceedings; 2021, Vol. 2021 Issue 1, p1-1, 1p
Abstrakt: Product innovation is an important driver of the success and sustainable development of firms. Drawing on the resource-based view and the resource dependence theory, our research examines how entrepreneurial leadership influences product innovation in construction small and medium-sized enterprises (SMEs). We develop a research model in which knowledge acquisition and market-sensing capability mediate the effect of entrepreneurial leadership on product innovation, and competitive intensity moderates the relationships between the two mediators and product innovation. The data for our research model were collected from 402 employees working in 254 construction SMEs in Vietnam. Our findings reveal a positive link between entrepreneurial leadership and product innovation, which is mediated by knowledge acquisition and market-sensing capability. Additionally, competitive intensity is found to moderate the associations between knowledge acquisition and market-sensing capability and product innovation. Other than the theoretical contributions, our study provides important practical implications on how SMEs can foster product innovation by utilizing both internal and external resources. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index