Abstract Recently, there has been increasing attention on the speed versus quality paradox in operations and innovation management literature. This study examines the innovation speed-quality paradox on operational performance in small and medium-sized enterprises (SMEs) from high-tech industries. Specifically, we seek to understand how R&D investment with organizational risk influences the innovation speed-quality paradox and how this paradox further influences a firm's operational performance. Based on a panel data of 247 firms (1782 firm-year observations), the empirical results show that R&D investment positively affects innovation speed and quality, and organizational risk positively moderates the relationship between R&D investment and innovation quality. Also, both the innovation speed and quality are positively related to firm's operational performance, while the interaction of speed and quality is negatively related to firm's operational performance. The theoretical and practical implications of our research are also discussed.

中文翻译：

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速度与质量对经营成果的悖论：对高新技术中小企业创新的实证研究

摘要 最近，运营和创新管理文献中越来越关注速度与质量的悖论。本研究考察了高科技行业中小型企业 (SME) 运营绩效的创新速度-质量悖论。具体而言，我们试图了解具有组织风险的研发投资如何影响创新速度-质量悖论，以及这种悖论如何进一步影响公司的运营绩效。基于 247 家企业的面板数据（1782 家企业年观察），实证结果表明研发投入正向影响创新速度和质量，组织风险正向调节研发投入与创新质量之间的关系。还，创新速度和质量都与企业经营绩效呈正相关，而速度和质量的交互作用与企业经营绩效呈负相关。还讨论了我们研究的理论和实践意义。