Innovation in conservative and entrepreneurial firms: Two models of strategic momentum

Strategic Management Journal - Tập 3 Số 1 - Trang 1-25 - 1982
Danny Miller1, Peter H. Friesen2
1Ecole des Hautes Etudes Commerciales, Montreal, Canada and McGill University, Montreal, Canada
2McGill University Montreal, Canada

Tóm tắt

AbstractTwo very different models of product innovation are postulated and tested. The conservative model assumes that innovation is performed reluctantly, mainly in response to serious challenges. It therefore predicts that innovation will correlate positively with environmental, information processing, structural and decision making variables that represent, or help to recognize and cope with these challenges. In contrast, the entrepreneurial model supposes that innovation is always aggressively pursued and will be very high unless decision makers are warned to slow down. Thus negative correlations are predicted between innovation and the variables that can provide such warning. Correlational and curvilinear regression analyses revealed that each model was supported by conservative and entrepreneurial sub‐samples, respectively, in a diverse sample of 52 Canadian firms.

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