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Managerial Cognition in R&D Processes Within Indian hi-tech firms: A Conceptual Framework

Yıl 2013, Cilt: 2 Sayı: 3, 79 - 98, 01.12.2013

Öz

New products are a source of firms’ competitive advantage. Research on R&D investments, processes and performance has majorly been at the level of analysis of organizations. In this research, we theorize and build theoretical arguments on managerial cognition in R&D projects and impact on performance within firms at an individual level entrepreneurial decision-making and resource utilization processes. We bridge behavioral-decision with cognitive perspective in building propositions on R&D processes. We examine corporate R&D managers, under resource constraints and high uncertainty, apply cognitive processes to take decisions and how it affects performance. We argue that cognitive processes are moderated by political skills of R&D manager and how it affects performance. This research also builds our understanding of managerial cognition under uncertainty within large organizations.

Kaynakça

  • Adams, R., Bessant, J., & Phelps, R. (2006) “Innovation Management Measurement: A Review”. International Journal of Management Reviews, 8(8): 21-47.
  • Baker, T., Miner, A. S., & Eesley, D. T. (2003) “Improvising firms: Bricolage, account giving and improvisational competencies in the founding process”. Research Policy, 32(2): 255-276.
  • Bantel, K. A., & Jackson, S. E. (1989) “Top management and innovations in banking: Does the composition of the top team make a difference?” Strategic Management Journal, 10(S1): 107–124.
  • Bedrock, R., & Watson, T. (1993) “Managing innovation for survival and growth: Rotunda PLC — a case in point”. Paper presented at 16th National Small Firms Policy and Research Conference.
  • Brettel, M., Mauer, R., Engelen, A., & Kupper, D. (2012) “Corporate effectuation: Entrepreneurial action and its impact on R&D project performance”. Journal of Business Venturing, 27(2): 167-184.
  • Brinckmann, J., Grichnik, D., & Kapsa, D. (2010) “Should entrepreneurs plan or just storm the castle? A meta-analysis on contextual factors impacting business planning-performance relationship in small firms”. Journal of Business Venturing, 25(1): 24-40.
  • Burgelman, R. (1983) “Corporate entrepreneurship and strategic management: Insights from a process study”. Management Science, 29(12): 1349-1364.
  • Busenitz, L. W., & Barney, J. B. (1997) “Differences between entrepreneurs and managers in large organizations: Biases and heuristics in strategic decision-making”. Journal of Business Venturing, 12(1): 9-30.
  • Campbell, C. A. (1992) “A decision theory model for entrepreneurial acts”. Entrepreneurship Theory & Practice, 17(1): 21.
  • Chandler, G. N., McKelvie, A., DeTienne, D., & Mumford, T. (2011) “Causation and effectuation processes: A validation study”. Journal of Business Venturing, 26(3): 375-390.
  • Cohen, W. M., & Levinthal, D. A. (1990) “Absorptive capacity: A new perspective on learning and innovation”. Administrative Science Quarterly, 35(1).
  • Davenport, T. H., & Short, J., E. (1990) “The new industrial engineering: Information technology and business process redesign”. Sloan Management Review, Summer 11-27.
  • Deeds, D. L. (2001) “The role of R&D intensity, technical development and absorptive capacity in creating entrepreneurial wealth in high technology start-ups”. Journal of Engineering and Technology Management, 18(1): 29-47.
  • Deeds, D. L., Decarolis, D., & Coombs, J. (2000) “Dynamic capabilities and new product development in high technology ventures: An empirical analysis of new biotechnology firms”. Journal of Business Venturing, 15(3): 211-229.
  • Deutsch, Y. (2007) “The influence of outside directors’ stock-option compensation on firms’ R&D”. Corporate Governance: An International Review, 15(5): 816-827.
  • Dew, N., Read, S., Sarasvathy, S. D., & Wiltbank, R. (2009) “Effectual versus predictive logics in entrepreneurial decision-making: Differences between experts and novices”. Journal of Business Venturing, 24(4): 287-309.
  • Dutz, M. A. (2007) Unleashing India’s innovation: Toward sustainable and inclusive growth. Washington DC: The World Bank.
  • Ferris, G. R., Treadway, D. C., Kolodinsky, R. W., Hochwarter, W. A., Kacmar, C. J., Douglas, C., & Frink, D. D. (2005) “Development and validation of the political skill inventory”. Journal of Management, 31(1): 126-152.
  • Ferris, G. R., Treadway, D. C., Perrewe, P. L., Brouer, R. L., Douglas, C., & Lux, S. (2007) “Political skill in organizations”. Journal of Management, 33(3): 290-320.
  • Fredrickson, J. W., & Iaquinto, A. L. (1989) “Inertia and creeping rationality in strategic decision processes”. Academy of Management Journal, 32(3): 516-542.
  • Green, S. G., Welsh, M. A., & Gordon, E. D. (2003) “Advocacy, performance, and threshold influences on decisions to terminate new product development”. The Academy of Management Journal, 46(4): 419-434.
  • Greve, H. R. (2003) Organizational learning from performance feedback: A behavioral perspective on innovation and change. Cambridge: Cambridge University Press.
  • Griffin, A. (2002) “Product development cycle time for business-to-business products”. Industrial Marketing Management, 31(4): 291-304.
  • Grinstein, A. (2008) “The effect of market orientation and its components on innovation consequences: a meta-analysis”. Journal of the Academy of Marketing Science, 36(2): 691-703.
  • Hoffman, K., Parejo, M., Bessant, J., & Perren, L. (1998) “Small firms, R&D, technology and innovation in the UK: A literature review”. Technovation, 18(1): 39-55.
  • Kessler, E. H., & Chakrabarti, A. K. (1996) “Innovation speed: A conceptual model of context, antecedents, and outcomes”. Academy of Management Review, 21(4): 1143-1191.
  • Klein, K. J., & Sorra, J. S. (1996) “The challenge of innovation implementation”. Academy of Management Review, 21(4): 1055-1080.
  • Lichtenthaler, U. (2009) “Absorptive capacity, environmental turbulence, and the complementarity of organizational learning processes”. Academy of Management Journal, 52(4): 822-846.
  • Lyon, D. W., Lumpkin, G. T., & Dess, G. G. (2000) “Enhancing entrepreneurial orientation research: Operationalizing and measuring a key strategic decision making process”. Journal of Management, 26(5): 1055-1085.
  • Mintzberg, H., & Waters, J. A. (1985) “Of strategies, deliberate and emergent”. Strategic Management Journal, 6(3): 257-272.
  • Olson, E. M., Walker, O. C., Ruekerf, R. W., & Bonnerd, J. M. (2001) “Patterns of cooperation during new product development among marketing, operations and R&D: Implications for project performance”. Journal of Product Innovation Management, 18(4): 258-271.
  • Parthasarthy, R., & Hammond, J. (2002) “Product Innovation Input And Outcome: Moderating Effects Of The Innovation Process”. Journal of Engineering and Technology Management, 19(1): 75-91.
  • Petersen, K. J., Handfield, R. B., & Ragatz, G. L. (2003) “A Model Of Supplier Integration Into New Product Development”. Journal of Product Innovation Management, 20(4): 284-299.
  • Read, S., Song, M., & Smit, W. (2009) “A Meta-Analytic Review Of Effectuation And Venture Performance”. Journal of Business Venturing, 24(6): 573-587.
  • Salancik, G. R., & Pfeffer, J. (1978) “Social information processing approach to job attitudes and task design”. Administrative Science Quarterly, 23(2): 224-253.
  • Sarasvathy, S. D. (2001) “Causation and effectuation: towards a theoretical shift from economic inevitability to entrepreneurial contingency”. Academy of Management Review, 26(2): 243-263.
  • Sarasvathy, S. D. (2008) Effectuation: Elements of entrepreneurial expertise. Northampton, MA, USA: Edward Elgar Publishing, Inc.
  • Schumpeter, J. (1947) The Creative Response in Economic History, Journal of Economic History, November, pp. 149-159
  • Scott, S. G., & Bruce, R. A. (1994) “Determinants of innovative behavior: A path model of individual innovation in the workplace”. The Academy of Management Journal, 37(3): 580-607.
  • Seidel, V. (2007) “Concept shifting and the radical product development process”. Journal of Product Innovation Management, 24: 522-533.
  • Senyard, J. M., Baker, T., & Steffens, P. R. (2010) “Entrepreneurial bricolage and firm performance: Moderating effects of firm change and innovativeness”, Annual Meeting of the Academy of Management. Montreal, Canada.
  • Weick, K. E., (1993) “The collapse of sensemaking in organizations: The Man Gulch disaster”. Administrative Science Quarterly, 38: 628-652.
  • West, M., & Farr, J. (1989) “Innovation at work: Psychological perspectives”. Social Behavior, 4: 15-30.
  • Wiltbank, R., Dew, N., Read, S., & Sarasvathy, S. D. (2006) “What to do next? The case for non-predictive strategy”. Strategic Management Journal, 27(10): 981-998.

Managerial Cognition in R&D Processes Within Indian hi-tech firms: A Conceptual Framework

Yıl 2013, Cilt: 2 Sayı: 3, 79 - 98, 01.12.2013

Öz

Kaynakça

  • Adams, R., Bessant, J., & Phelps, R. (2006) “Innovation Management Measurement: A Review”. International Journal of Management Reviews, 8(8): 21-47.
  • Baker, T., Miner, A. S., & Eesley, D. T. (2003) “Improvising firms: Bricolage, account giving and improvisational competencies in the founding process”. Research Policy, 32(2): 255-276.
  • Bantel, K. A., & Jackson, S. E. (1989) “Top management and innovations in banking: Does the composition of the top team make a difference?” Strategic Management Journal, 10(S1): 107–124.
  • Bedrock, R., & Watson, T. (1993) “Managing innovation for survival and growth: Rotunda PLC — a case in point”. Paper presented at 16th National Small Firms Policy and Research Conference.
  • Brettel, M., Mauer, R., Engelen, A., & Kupper, D. (2012) “Corporate effectuation: Entrepreneurial action and its impact on R&D project performance”. Journal of Business Venturing, 27(2): 167-184.
  • Brinckmann, J., Grichnik, D., & Kapsa, D. (2010) “Should entrepreneurs plan or just storm the castle? A meta-analysis on contextual factors impacting business planning-performance relationship in small firms”. Journal of Business Venturing, 25(1): 24-40.
  • Burgelman, R. (1983) “Corporate entrepreneurship and strategic management: Insights from a process study”. Management Science, 29(12): 1349-1364.
  • Busenitz, L. W., & Barney, J. B. (1997) “Differences between entrepreneurs and managers in large organizations: Biases and heuristics in strategic decision-making”. Journal of Business Venturing, 12(1): 9-30.
  • Campbell, C. A. (1992) “A decision theory model for entrepreneurial acts”. Entrepreneurship Theory & Practice, 17(1): 21.
  • Chandler, G. N., McKelvie, A., DeTienne, D., & Mumford, T. (2011) “Causation and effectuation processes: A validation study”. Journal of Business Venturing, 26(3): 375-390.
  • Cohen, W. M., & Levinthal, D. A. (1990) “Absorptive capacity: A new perspective on learning and innovation”. Administrative Science Quarterly, 35(1).
  • Davenport, T. H., & Short, J., E. (1990) “The new industrial engineering: Information technology and business process redesign”. Sloan Management Review, Summer 11-27.
  • Deeds, D. L. (2001) “The role of R&D intensity, technical development and absorptive capacity in creating entrepreneurial wealth in high technology start-ups”. Journal of Engineering and Technology Management, 18(1): 29-47.
  • Deeds, D. L., Decarolis, D., & Coombs, J. (2000) “Dynamic capabilities and new product development in high technology ventures: An empirical analysis of new biotechnology firms”. Journal of Business Venturing, 15(3): 211-229.
  • Deutsch, Y. (2007) “The influence of outside directors’ stock-option compensation on firms’ R&D”. Corporate Governance: An International Review, 15(5): 816-827.
  • Dew, N., Read, S., Sarasvathy, S. D., & Wiltbank, R. (2009) “Effectual versus predictive logics in entrepreneurial decision-making: Differences between experts and novices”. Journal of Business Venturing, 24(4): 287-309.
  • Dutz, M. A. (2007) Unleashing India’s innovation: Toward sustainable and inclusive growth. Washington DC: The World Bank.
  • Ferris, G. R., Treadway, D. C., Kolodinsky, R. W., Hochwarter, W. A., Kacmar, C. J., Douglas, C., & Frink, D. D. (2005) “Development and validation of the political skill inventory”. Journal of Management, 31(1): 126-152.
  • Ferris, G. R., Treadway, D. C., Perrewe, P. L., Brouer, R. L., Douglas, C., & Lux, S. (2007) “Political skill in organizations”. Journal of Management, 33(3): 290-320.
  • Fredrickson, J. W., & Iaquinto, A. L. (1989) “Inertia and creeping rationality in strategic decision processes”. Academy of Management Journal, 32(3): 516-542.
  • Green, S. G., Welsh, M. A., & Gordon, E. D. (2003) “Advocacy, performance, and threshold influences on decisions to terminate new product development”. The Academy of Management Journal, 46(4): 419-434.
  • Greve, H. R. (2003) Organizational learning from performance feedback: A behavioral perspective on innovation and change. Cambridge: Cambridge University Press.
  • Griffin, A. (2002) “Product development cycle time for business-to-business products”. Industrial Marketing Management, 31(4): 291-304.
  • Grinstein, A. (2008) “The effect of market orientation and its components on innovation consequences: a meta-analysis”. Journal of the Academy of Marketing Science, 36(2): 691-703.
  • Hoffman, K., Parejo, M., Bessant, J., & Perren, L. (1998) “Small firms, R&D, technology and innovation in the UK: A literature review”. Technovation, 18(1): 39-55.
  • Kessler, E. H., & Chakrabarti, A. K. (1996) “Innovation speed: A conceptual model of context, antecedents, and outcomes”. Academy of Management Review, 21(4): 1143-1191.
  • Klein, K. J., & Sorra, J. S. (1996) “The challenge of innovation implementation”. Academy of Management Review, 21(4): 1055-1080.
  • Lichtenthaler, U. (2009) “Absorptive capacity, environmental turbulence, and the complementarity of organizational learning processes”. Academy of Management Journal, 52(4): 822-846.
  • Lyon, D. W., Lumpkin, G. T., & Dess, G. G. (2000) “Enhancing entrepreneurial orientation research: Operationalizing and measuring a key strategic decision making process”. Journal of Management, 26(5): 1055-1085.
  • Mintzberg, H., & Waters, J. A. (1985) “Of strategies, deliberate and emergent”. Strategic Management Journal, 6(3): 257-272.
  • Olson, E. M., Walker, O. C., Ruekerf, R. W., & Bonnerd, J. M. (2001) “Patterns of cooperation during new product development among marketing, operations and R&D: Implications for project performance”. Journal of Product Innovation Management, 18(4): 258-271.
  • Parthasarthy, R., & Hammond, J. (2002) “Product Innovation Input And Outcome: Moderating Effects Of The Innovation Process”. Journal of Engineering and Technology Management, 19(1): 75-91.
  • Petersen, K. J., Handfield, R. B., & Ragatz, G. L. (2003) “A Model Of Supplier Integration Into New Product Development”. Journal of Product Innovation Management, 20(4): 284-299.
  • Read, S., Song, M., & Smit, W. (2009) “A Meta-Analytic Review Of Effectuation And Venture Performance”. Journal of Business Venturing, 24(6): 573-587.
  • Salancik, G. R., & Pfeffer, J. (1978) “Social information processing approach to job attitudes and task design”. Administrative Science Quarterly, 23(2): 224-253.
  • Sarasvathy, S. D. (2001) “Causation and effectuation: towards a theoretical shift from economic inevitability to entrepreneurial contingency”. Academy of Management Review, 26(2): 243-263.
  • Sarasvathy, S. D. (2008) Effectuation: Elements of entrepreneurial expertise. Northampton, MA, USA: Edward Elgar Publishing, Inc.
  • Schumpeter, J. (1947) The Creative Response in Economic History, Journal of Economic History, November, pp. 149-159
  • Scott, S. G., & Bruce, R. A. (1994) “Determinants of innovative behavior: A path model of individual innovation in the workplace”. The Academy of Management Journal, 37(3): 580-607.
  • Seidel, V. (2007) “Concept shifting and the radical product development process”. Journal of Product Innovation Management, 24: 522-533.
  • Senyard, J. M., Baker, T., & Steffens, P. R. (2010) “Entrepreneurial bricolage and firm performance: Moderating effects of firm change and innovativeness”, Annual Meeting of the Academy of Management. Montreal, Canada.
  • Weick, K. E., (1993) “The collapse of sensemaking in organizations: The Man Gulch disaster”. Administrative Science Quarterly, 38: 628-652.
  • West, M., & Farr, J. (1989) “Innovation at work: Psychological perspectives”. Social Behavior, 4: 15-30.
  • Wiltbank, R., Dew, N., Read, S., & Sarasvathy, S. D. (2006) “What to do next? The case for non-predictive strategy”. Strategic Management Journal, 27(10): 981-998.
Toplam 44 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Bölüm Research Article
Yazarlar

Niharika Garud Bu kişi benim

Lakshmanan Prasad Bu kişi benim

Yayımlanma Tarihi 1 Aralık 2013
Yayımlandığı Sayı Yıl 2013 Cilt: 2 Sayı: 3

Kaynak Göster

APA Garud, N., & Prasad, L. (2013). Managerial Cognition in R&D Processes Within Indian hi-tech firms: A Conceptual Framework. Journal of Entrepreneurship and Innovation Management, 2(3), 79-98.