Examining the process R&D investment–performance chain in supply chain operations: The effect of centralization
Beth Davis-Sramek,
Richard Germain and
Konstantin Krotov
International Journal of Production Economics, 2015, vol. 167, issue C, 246-256
Abstract:
There remains inconclusive evidence about the impact of R&D investment on firm performance. This research theorizes an investment–performance consecution cast in a supply chain framework to fill in these gaps through resource orchestration theory. We examine how process R&D investment as a key resource and enabler of knowledge generation impacts firm performance through a “chain of events” that includes internal knowledge application and supply chain operations process variance. Further, we investigate the moderating effect of a critical organizational structure dimension: centralized decision-making regarding supply chain operations. Findings support the contention that the chain is weakened when supply chain decision-making is centralized, thereby indicating that this dimension of organizational structure has profound effects on the efficacy of the process R&D investment decision.
Keywords: R&D investment; Resource orchestration theory; Process variance; Knowledge application; Organizational structure; Centralized decision-making (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:167:y:2015:i:c:p:246-256
DOI: 10.1016/j.ijpe.2015.05.037
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