What is it about?
Ever since Sarasvathy’s 2001 seminal article, scholars have sought to test effectuation’s affect on firm performance. Although recent work has begun the arduous process of testing effectuation’s effect on entrepreneurial performance, there is still much to learn about its impact on firm performance. One such area is the relationship between effectuation and innovation.
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Why is it important?
Practical implications include establishing a relationship between means, leverage contingencies and innovation performance, indicating that the ways through which SMEs use their innovation networks may affect innovation outcomes and ultimately firm performance.
Perspectives
This paper was selected as the Outstanding Paper in the 2017 Emerald Literati Network Awards for Excellence, for the European Journal of Innovation Management. http://www.emeraldinsight.com/doi/full/10.1108/EJIM-12-2014-0119 This paper is the first published work to link innovation and effectuation theory, extending effectuation theory from the entrepreneurship to the innovation literature. We believe this to be a fruitful area for future research into innovation and firm performance.
Dr David C. Roach
Dalhousie University
Read the Original
This page is a summary of: Effectuation, innovation and performance in SMEs: an empirical study, European Journal of Innovation Management, May 2016, Emerald,
DOI: 10.1108/ejim-12-2014-0119.
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