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What drives the delegation of innovation decisions? The roles of firm innovation strategy and the nature of external knowledge
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Colombo, Massimo G., Foss, Nicolai J., Lyngsie, Jacob and Rossi Lamastra, Cristina (2021) What drives the delegation of innovation decisions? The roles of firm innovation strategy and the nature of external knowledge. Research Policy, 50 (1). 104134. doi:10.1016/j.respol.2020.104134
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Official URL: http://dx.doi.org/10.1016/j.respol.2020.104134
Abstract
We study what determines delegation of authority over innovation decisions in firms. Extant research that addresses this topic in an open innovation context, suggests that firms that engage in open innovation tend to delegate authority over innovation decisions. We provide a more nuanced argument that considers important contingencies. Thus, we argue that the extent of delegation depends upon the combined effect of the relative importance of innovation decisions to the firm's strategy and, when a firm engages in open innovation, on the nature of the external knowledge (scientific vs. practical) that it seeks to absorb from the external environment. We test our hypotheses on data from a double-respondent survey of Danish firms that we link to Community Innovation Survey data and to the Danish Integrated Database for Labor Market Research. We provide econometric results that support our hypotheses.
| Item Type: | Journal Article | ||||||||
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| Divisions: | Faculty of Social Sciences > Warwick Business School | ||||||||
| Journal or Publication Title: | Research Policy | ||||||||
| Publisher: | Elsevier BV | ||||||||
| ISSN: | 0048-7333 | ||||||||
| Official Date: | January 2021 | ||||||||
| Dates: |
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| Volume: | 50 | ||||||||
| Number: | 1 | ||||||||
| Article Number: | 104134 | ||||||||
| DOI: | 10.1016/j.respol.2020.104134 | ||||||||
| Status: | Peer Reviewed | ||||||||
| Publication Status: | Published | ||||||||
| Access rights to Published version: | Open Access | ||||||||
| Description: | Free access and no license |
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