at Google ScholarTitle data
Heubeck, Tim ; Meckl, Reinhard:
Dynamic Managerial Capabilities and R&D Spending : The Role of CEO Founder Status.
In: International Journal of Innovation Management.
Vol. 26
(2022)
Issue 10
.
- 2250074.
ISSN 1363-9196
DOI: https://doi.org/10.1142/S1363919622500748
Abstract in another language
Today’s hypercompetitive economy challenges chief executive officers (CEOs) to make complex yet integral investments in research and development (R&D). Although research has widely discussed R&D spending due to its implications for competitive advantage, it omits whether and how managers’ dynamic capabilities materialise in these long-term investment decisions. This study builds on dynamic managerial capability (DMC) theory to argue that strong managerial-level dynamic capabilities increase R&D spending by improving the capacities of CEOs to sense opportunities and threats, seize them, and reconfigure organisational resources. CEO founder status is additionally proposed as a moderator of this relationship, as founder CEOs differ from professional CEOs in their investment behaviour. The results reveal that DMCs only compositely contribute to R&D investments, while the DMC subcomponents–except for managerial social capital—exert no isolated effects. This study also finds that founder CEOs realise higher R&D investments through their DMCs than their professional counterparts.
Further data
| Item Type: | Article in a journal |
|---|---|
| Refereed: | Yes |
| Keywords: | Dynamic managerial capabilities; founder CEOs; innovation; managerial cognition; managerial human capital; managerial social capital; R&D spending |
| Institutions of the University: | Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration IX - International Management > Chair Business Administration IX - International Management - Univ.-Prof. Dr. Reinhard Meckl Faculties Faculties > Faculty of Law, Business and Economics Faculties > Faculty of Law, Business and Economics > Department of Business Administration Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration IX - International Management |
| Result of work at the UBT: | Yes |
| DDC Subjects: | 300 Social sciences > 330 Economics |
| Date Deposited: | 08 May 2023 06:47 |
| Last Modified: | 07 Dec 2023 13:40 |
| URI: | https://eref.uni-bayreuth.de/id/eprint/76203 |