Innovation in established organizations: The impact of senior managers on corporate entrepreneurship

Publication Type:
Conference Proceeding
Citation:
39th European Group for Organizational Studies Colloquium: Organizing for the Good life: between legacy and imagination, 6-8 July 2023, Cagliari, Italy.
Issue Date:
2023-07-05
Full metadata record
Corporate innovation and entrepreneurship are important ways of accumulating, converting, and leveraging resources for established organizations to innovate, renew, and bring about venturing activities. They have been recognized as critical for companies’ competitiveness and long-term prosperity, and many organizations have established innovation labs to foster the proliferation of innovation and entrepreneurship practices and methods. Senior executives of Top Management Teams (TMT) are critical in supporting innovation initiatives. Yet, we know little about the managerial actions and decisions that enable or inhibit the successful pursuit of entrepreneurial innovations and the lived experiences of innovation managers. This research explores how senior managers influence middle managers driving corporate innovation initiatives. We adopt a microfoundations perspective, which focuses on understanding individual actions that lead to macro-level outcomes. We focus on the agents' (or actors') role in shaping and informing strategic innovation. We explore the interactions of senior managers who oversee innovation activities with individual innovation managers of a company’s innovation lab initiative. Our study is based on a 6-year longitudinal case study of a leading Australian property development company. It reveals the practices senior managers adopt, how they impact middle managers, and their role in achieving strategic innovation outcomes. By understanding how senior managers enable or inhibit corporate innovation and entrepreneurship, we contribute to the growing body of research on the microfoundations of innovation. We offer practical insights to help established organizations enhance innovation and entrepreneurship capability.
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