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Erschienen in: Asia Pacific Journal of Management 3/2012

01.09.2012

Environment, governance, controls, and radical innovation during institutional transitions

verfasst von: Yaqun Yi, Yi Liu, Hong He, Yuan Li

Erschienen in: Asia Pacific Journal of Management | Ausgabe 3/2012

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Abstract

Researchers pay only limited attention to the problem of drive force of radical innovation in institutional transitions, especially in China. Drawing on both institutional theory, managerial control theory, and innovation theory, this study examines the roles of external and internal drivers to firms’ radical innovation. Specifically, we examine the effects of external institutional environment and internal corporate governance on radical innovation by introducing management control systems. Based on data from a sample of 585 firms in China, this study finds that the effect of institutional environment uncertainty on radical innovation is significant but formal corporate governance is not. These results suggest that firms facing an uncertain institutional environment emphasize both financial control and strategic control, and firms that have adopted formal corporate governance prefer strategic control to financial control. The implications of these findings for research during institutional transitions are discussed.

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Metadaten
Titel
Environment, governance, controls, and radical innovation during institutional transitions
verfasst von
Yaqun Yi
Yi Liu
Hong He
Yuan Li
Publikationsdatum
01.09.2012
Verlag
Springer US
Erschienen in
Asia Pacific Journal of Management / Ausgabe 3/2012
Print ISSN: 0217-4561
Elektronische ISSN: 1572-9958
DOI
https://doi.org/10.1007/s10490-010-9231-7

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