SME innovativeness in a dynamic environment:Is there any value in combining causation and effectuation?
| Autor: | Arjen van Witteloostuijn, Marcus Dejardin, Julie Hermans, Johanna Vanderstraeten |
|---|---|
| Přispěvatelé: | UCL - SSH/LouRIM - Louvain Research Institute in Management and Organizations, School of Business and Economics, Ethics, Governance and Society |
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
Effectuation
Focus (computing) environmental dynamism Knowledge management Economics business.industry innovative performance Strategy and Management 05 social sciences innovation performance precommitment Management Science and Operations Research 050905 science studies pre-commitments SDG 17 - Partnerships for the Goals 0502 economics and business 0509 other social sciences Causation business Engineering sciences. Technology Value (mathematics) 050203 business & management |
| Zdroj: | Vanderstraeten, J, Hermans, J, van Witteloostuijn, A & DEJARDIN, M 2020, ' SME innovativeness in a dynamic environment : Is there any value in combining causation and effectuation? ', Technology Analysis & Strategic Management, vol. 32, no. 11, pp. 1277-1293 . https://doi.org/10.1080/09537325.2020.1766672 G-Forum: 22nd Annual Interdisciplinary Conference on Entrepreneurship Innovation and SME's: Mastering the Digital Transformation: Corporate Entrepreneurship as a Fast Track to Innovation, Stuttgart, Germany, 11-12 October 2018 Vanderstraeten, J, Hermans, J, van Witteloostuijn, A & Dejardin, M 2020, ' SME innovativeness in a dynamic environment : is there any value in combining causation and effectuation? ', Technology Analysis and Strategic Management, vol. 32, no. 11, pp. 1277-1293 . https://doi.org/10.1080/09537325.2020.1766672 Technology analysis and strategic management Technology Analysis & Strategic Management, Vol. on line, no.on line, p. on line (2020) Technology Analysis and Strategic Management, 32(11), 1277-1293. Routledge |
| ISSN: | 0953-7325 |
| Popis: | It has been suggested that, in dynamic environments, the combination of causation and effectuation will boost an SME's innovative performance, compared to a sole focus on planning. To statistically test this claim, we develop a contingency model for business planning, which considers effectuation as an internal and environmental dynamism as an external boundary condition. As expected, we find that causation positively relates to an SME's innovativeness and that this effect is amplified when combined with effectual decision-making logics. Interestingly, it turns out that this leverage effect is only present in stable environments. What is more, in dynamic environments, SMEs relying on pre-committed resources from partners appear to score lower on innovativeness than their counterparts without pre-commitments. With this finding, we provide statistical evidence that combining causal and effectual decision-making logics is beneficial for innovative performance, but that environmental dynamism acts as a barrier to fully take advantage of it. |
| Databáze: | OpenAIRE |
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