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Unveiling the role of risk-taking in innovation: antecedents and effects
R&D Management ( IF 6.7 ) Pub Date : 2021-05-05 , DOI: 10.1111/radm.12477
Sonia C. Giaccone 1 , Mats Magnusson 2
Affiliation  

This study addresses innovation development with a focus on risk-taking, widely considered a relevant driver for the exploration and exploitation of new ideas. The study empirically examines the effects of risk-taking propensity on innovation performance and its antecedents. We consider the role of several key antecedents related to the organizational structure and the activities of firms aimed at encouraging employees to take risks in innovation. We performed an empirical survey within a global and innovation-oriented Swedish company to test our hypotheses. Correlation and linear regression analyses were used to analyze the collected data. The results highlight the significant effect of risk-taking on innovation performance and show that the availability of organizational resources, innovation support activities, clear innovation goals, and collaboration have a significant positive effect on risk-taking. However, contrary to the hypothesis, well-established innovation processes have a significant but negative effect on risk-taking and innovation performance. This study contributes to existing knowledge on the role of risk-taking for innovation, providing insights into designing organizational contexts that encourage an appropriate risk appetite in employees.

中文翻译:

揭示冒险在创新中的作用:前因和影响

这项研究着重于冒险的创新发展,被广泛认为是探索和利用新思想的相关驱动力。该研究实证检验了冒险倾向对创新绩效及其前因的影响。我们考虑了与组织结构和旨在鼓励员工在创新中冒险的公司活动相关的几个关键前因的作用。我们在一家以创新为导向的全球性瑞典公司内进行了一项实证调查,以检验我们的假设。相关和线性回归分析用于分析收集的数据。结果突出了冒险对创新绩效的显着影响,并表明组织资源的可用性、创新支持活动、明确的创新目标、和协作对冒险具有显着的积极影响。然而,与假设相反,完善的创新过程对冒险和创新绩效具有显着但负面的影响。这项研究有助于现有关于风险承担对创新的作用的知识,为设计鼓励员工适当风险偏好的组织环境提供见解。
更新日期:2021-05-05
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