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More capable, more innovative? : An empirical inquiry into the effects of dynamic managerial capabilities on digital firms' innovativeness

Title data

Heubeck, Tim ; Meckl, Reinhard:
More capable, more innovative? : An empirical inquiry into the effects of dynamic managerial capabilities on digital firms' innovativeness.
In: European Journal of Innovation Management. Vol. 25 (2022) Issue 6 . - pp. 892-915.
ISSN 1758-7115
DOI: https://doi.org/10.1108/EJIM-02-2022-0099

Official URL: Volltext

Abstract in another language

Purpose:
Managers play a critical role in shaping the development of firms due to the risky and long-term nature of innovation. Although the managerial effect on strategic change has long been factored into organizational theories, scholars still lack a complete understanding of the specific managerial capabilities that drive innovation in today's digital economy. The present study builds on dynamic managerial capabilities theory to close this research gap. The paper proposes managers' dynamic capabilities and their three underlying drivers – managerial human capital, social capital, and cognition – as a direct antecedent to digital firms' innovativeness.
Design/methodology/approach:
The study draws on survey data from German Industry 4.0 manufacturing firms, which were analyzed using regression analysis.
Findings:
The results confirm managers' dynamic capabilities as facilitators of innovation. In contrast to previous research on nondigital industries, the findings demonstrate that only the complete portfolio of managers' dynamic capabilities promotes innovativeness in digital firms. The study provides evidence for the importance of dynamic managerial capabilities in the digital economy yet contradicts previous research on nondigital industries related to the advantageousness of managers' human capital, social capital, and cognition for innovation.
Originality/value:
The study contributes to the literature by being the first to holistically test the effects of dynamic managerial capabilities on innovation in digital firms. The results offer a nuanced account of managers' dynamic capabilities, thereby expanding dynamic managerial capabilities theory to the digital economy.

Further data

Item Type: Article in a journal
Refereed: Yes
Keywords: Digital transformation; Dynamic managerial capabilities; Human capital; Innovation; Managerial cognition; Social capital
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration IX - International Management/ Intercultural Management > Chair Business Administration IX - International Management/ Intercultural Management - Univ.-Prof. Dr. Reinhard Meckl
Result of work at the UBT: Yes
DDC Subjects: 300 Social sciences > 330 Economics
Date Deposited: 08 Aug 2022 09:32
Last Modified: 08 Aug 2022 09:32
URI: https://eref.uni-bayreuth.de/id/eprint/71424