Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2023.2211152
Performance implications of exploratory and exploitative innovation: the role of management control systems
Huyen Mong Le
Thu Thi Nguyen
Trang Cam Hoang
Sažetak
Drawing on prominent theories of innovation, this study investigates
the inter-relationships between the use of management
control systems (MCS), exploratory innovation, exploitative innovation,
and firm performance in Vietnam, an emerging market. The
research hypotheses were empirically tested using a partial least
squares-structural equation model. Data were collected by survey
questionnaires from a sample of 238 top-level and middle-level
managers in Vietnamese firms. The results confirm that the diagnostic
use of MCS has a significant positive effect on exploitative
innovation and the interactive use of MCS has a significant positive
effect on both exploratory innovation and exploitative innovation.
The results also reveal that exploitative innovation and
exploratory innovation partially mediate the relationship between
the interactive use of MCS and firm performance. Understanding
these relationships can assist Vietnamese firms to invest appropriately
in MCS that is able to promote innovation actions, thereby
achieving outstanding performance.
Ključne riječi
Exploitative innovation; exploratory innovation; firm performance; management control systems; Vietnam
Hrčak ID:
314882
URI
Datum izdavanja:
25.5.2023.
Posjeta: 379 *