Research has suggested that organizational slack can positively or negatively affect the innovativeness of a firm; however, the point at which such slack has a more salient impact remains unclear. This study adds to the literature by highlighting how the effects of organizational slack may differ depending on institutional environments, a market-oriented or a government-driven institutional environment. We posit an inverted U-shaped relationship between organizational slack and innovati`veness. We further hypothesize that institutional environments moderate this relationship. We find broad support for these arguments in a comprehensive data set representing South Korean manufacturing firms from 1992 to 2009.

中文翻译：

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组织松弛与创新：制度变迁在亚洲金融危机中的调节作用

研究表明，组织松弛会对公司的创新性产生积极或消极的影响；然而，这种松弛在什么时候会产生更显着的影响尚不清楚。本研究通过强调组​​织松弛的影响如何因制度环境、市场导向或政府驱动的制度环境而异，从而丰富了文献。我们假设组织松弛和创新之间存在倒 U 形关系。我们进一步假设制度环境调节了这种关系。我们在代表 1992 年至 2009 年韩国制造企业的综合数据集中发现了对这些论点的广泛支持。