ADHD symptoms of CEOs and business model innovation in the SME context

Polina Artamoshina, Galina Shirokova, Oleksiy Osiyevskyy and Virginia Bodolica

Technovation, 2023, vol. 128, issue C

Abstract: Considering their typical resource constrains, limited internal capabilities, and heightened dynamism and adaptability, small and medium-sized enterprises (SMEs) are forced to be innovative to secure their competitive advantage. The decision to engage in business model innovation (BMI), especially in the context of SMEs operating in uncertain environments, is strongly dependent upon Chief Executive Officers’ (CEOs) predisposition and personality characteristics. Drawing upon the strategic leadership theory and trait activation theory, we hypothesize that Attention Deficit Hyperactivity Disorder (ADHD) symptoms of CEOs significantly influence BMI activities, particularly under specific conditions. Using a sample of 367 Russian SMEs, we find evidence that CEO gender and CEO tenure intensify the effect of ADHD on BMI. A detailed discussion of our study’s implications for theory and practice in SME settings concludes this article.

Keywords: Business model innovation; Attention deficit hyperactivity disorder (ADHD); CEO gender; CEO tenure; SMEs (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:techno:v:128:y:2023:i:c:s0166497223001566

DOI: 10.1016/j.technovation.2023.102845

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