Hodgkinson, Gerard P. and Healey, Mark P. (2014) Coming in from the cold : the psychological micro-foundations of radical innovation revisited. Industrial Marketing Management, Volume 43 (Number 8). pp. 1306-1313.

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Abstract

Radical innovation poses a series of well-documented adaptive behavioral challenges for individuals, organizations, and organizational collectives. Drawing on the insights of recent advances in the social neurosciences, the authors demonstrate how theory and research rooted in the cold cognition era of human psychology has laid micro-foundations for practices purporting to help address these challenges that are fundamentally unfit for purpose. Predicated on an outmoded conception of economic actors as affect-free information processors, devoid of emotion, scholars and practitioners alike are unwittingly perpetuating a (bounded) rationality façade. In so doing, they are undermining attempts to foster the requisite transformation of mindsets and behavior. To address these unintended consequences, new theory and research is required to shed light on the generative mechanisms through which firms might create the conditions to enable them to harness the cognitive and emotional capacities of individuals and groups, an essential step for overcoming the pitfalls of bias and inertia that so often inhibit adaptation to changing environments, thus slowing progress in the development and diffusion of innovation. To further this end, the present article advances a research agenda that places emotion management center stage, arguing that, to be truly dynamically capable, firms must learn to nurture self-regulation capabilities at all levels of the enterprise.

Item Type:	Journal Article
Subjects:	H Social Sciences > HD Industries. Land use. Labor
Divisions:	Faculty of Social Sciences > Warwick Business School > Strategy & International Business Faculty of Social Sciences > Warwick Business School
Library of Congress Subject Headings (LCSH):	Technological innovations -- Psychological aspects, Economics -- Psychological aspects, change management
Journal or Publication Title:	Industrial Marketing Management
Publisher:	Elsevier
ISSN:	0019-8501
Official Date:	November 2014
Dates:	Date Event November 2014 Published 22 September 2014 Available 1 July 2014 Accepted 29 May 2014 Modified 21 November 2012 Submitted
Date of first compliant deposit:	28 July 2016
Volume:	Volume 43
Number:	Number 8
Number of Pages:	8
Page Range:	pp. 1306-1313
Status:	Peer Reviewed
Publication Status:	Published
Access rights to Published version:	Restricted or Subscription Access

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