Managing Risk-Taking to Enhance Innovation in Organizations

Oscar Llopis (), Ana García-Granero (), Anabel Fernández-Mesa () and Joaquin Alegre
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Oscar Llopis: Universitat Politècnica de València)
Ana García-Granero: Universitat Politècnica de València)
Anabel Fernández-Mesa: Universitat Politècnica de València)

Chapter Chapter 6 in Management Innovation, 2014, pp 75-90 from Springer

Abstract: Abstract Scholars have proposed that taking risks is a key factor to explain innovation performance in organizations. However, the relationship between risk taking and innovation performance is generally examined from two unconnected perspectives. From a managerial perspective, entrepreneurial orientation and leadership theories are invoked to justify a positive relationship between risk taking and innovation. From an employees’ viewpoint, creativity theories suggest that a risk-taking climate influences innovative and creative behaviors. This study examines the possibility of a connection between managers’ risk-taking propensity, employees’ risk-taking climate, and innovation performance from both a theoretical and an empirical point of view. To do so, we draw on a dataset of 182 firms from the Spanish and Italian ceramic tile industry.

Keywords: Innovation Performance; Entrepreneurial Orientation; Organizational Climate; Organizational Innovation; Industrial District (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-319-03134-7_6

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DOI: 10.1007/978-3-319-03134-7_6

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