RESPONDING TO KEY EXOGENOUS CHANGES: THE JOINT EFFECT OF NETWORK HETEROGENEITY AND CULTURE OF INNOVATION

Radoslaw Nowak ()
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Radoslaw Nowak: School of Management, New York Institute of Technology, 1855 Broadway, New York, NY 10023-7692, USA

International Journal of Innovation Management (ijim), 2019, vol. 23, issue 04, 1-27

Abstract: Any firm must decide to what extent it should remain open to its environment and which internal competencies it should develop to capitalise on externally sourced information. While addressing these key strategic considerations, this project focuses on the joint effect of heterogeneity of external networks and internal culture of innovation. High heterogeneity of external networks should enable a firm to more quickly learn about and address evolving demands of external markets. Nevertheless, to fully capitalise on new incoming information, a firm must also establish an organisational culture that will mandate strong employee engagement and support for the process of internal transformation. Consequently, this study proposes that the joint effect of two factors — heterogeneous networks and culture of innovation — may empower any organisation to successfully react to key environmental changes. The empirical testing of the proposed model was conducted using regression analyses performed on original data collected in the health industry. Contribution to research and practice is discussed.

Keywords: Firm and environment; open innovation; culture of innovation; network heterogeneity (search for similar items in EconPapers)
Date: 2019
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DOI: 10.1142/S1363919619500300

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