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Innovation in conservative and entrepreneurial firms: Two models of strategic momentum
Open accessAbstract
Two 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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“Although we do not claim to have a random sample, 'the broad representation of types and sizes of businesses, ..., [suggests that] these ... findings should have a high degree of generality' (Miller and Friesen, 1982, p.7).”
From Entrepreneurial orientation and the franchise system (2013) · cites this paper as Miller and Friesen, 1982
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Metadata
- Authors
- Miller, D., & Friesen, P. H.
- Affiliations
- HEC Montréal (CA)
- McGill University (CA)
- ORCID
- Miller, Danny
- Venue
- Strategic Management Journal
- Publisher
- Wiley
- Published
- 1982-01
- Volume
- 3
- Issue
- 1
- Pages
- 1-25
- ISSN
- 0143-2095 (ISSN-L)
- 1097-0266
- OpenAlex
- W1968725802
- Cited by
- 2,758
- References
- 35
- Citations by year
- 2026: 52 · 2025: 65 · 2024: 63 · 2023: 94 · 2022: 106 · 2021: 123 · 2020: 134 · 2019: 114 · 2018: 133 · 2017: 107 · 2016: 107 · 2015: 138 · 2014: 134 · 2013: 137 · 2012: 129
- FWCI
- 30.80
- Type
- journal article
- Language
- en
- Open access
- green
- papers.ssrn.com
- Locations
- Strategic Management Journal (publishedVersion)
- SSRN Electronic Journal (submittedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › Innovation and Knowledge Management
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Firm Innovation and Growth
- Social Sciences › Business, Management and Accounting › Strategy and Management › Business Strategies and Innovation
- Keywords
- product innovation, entrepreneurial firms, innovation models, environmental uncertainty, information processing, organizational structure, decision-making, curvilinear relationship
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