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Título

Unraveling the link between managerial risk-taking and innovation: the mediating role of a risk-taking climate

AutorGarcía-Granero, Ana ; Llopis Córcoles, Óscar; Fernández-Mesa, Anabel ; Alegre-Vidal, Joaquín
Palabras claveSocial cognitive theory
Signaling theory
Risk-taking climate
Innovation performance
Managers' risk-taking
Fecha de publicación2014
EditorElsevier
CitaciónJournal of Business Research 68(5): 1094-1104 (2014)
ResumenScholars have proposed that taking risks in organizations is important for explaining innovation performance. Scholars traditionally have analyzed this link from two unconnected perspectives. From a managerial perspective, entrepreneurial orientation and leadership theories have been used to explain the positive relation between manager's risk-taking and innovation. On the other hand, research on creativity suggests that a risk-taking climate helps to explain the generation of novel ideas. However, there is little empirical research analyzing this link. This study examines the possibility of a connection between managerial risk-taking propensity, risk-taking climate and innovation performance. To do so, we test a quantitative model where the impact of the manager' risk-taking propensity on innovation is mediated by its effect on risk-taking climate. Structural equation modeling is used to test the research hypotheses on a data set of 182 firms from the Spanish and Italian ceramic tile industry
Versión del editorhttp://dx.doi.org/10.1016/j.jbusres.2014.10.012
URIhttp://hdl.handle.net/10261/132078
DOI10.1016/j.jbusres.2014.10.012
Identificadoresdoi: 10.1016/j.jbusres.2014.10.012
issn: 0148-2963
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