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Article: NPD speed vs. innovativeness: The contingent impact of institutional and market environments

TitleNPD speed vs. innovativeness: The contingent impact of institutional and market environments
Authors
KeywordsInstitutional Environment
Market Environment
Npd Speed
Technological Radicalness
Issue Date2013
PublisherElsevier Inc. The Journal's web site is located at http://www.elsevier.com/locate/jbusres
Citation
Journal Of Business Research, 2013, v. 66 n. 11, p. 2355-2362 How to Cite?
AbstractWhereas new product development (NPD) speed and product innovativeness are two critical strategic determinants of firm performance, previous studies show inconclusive findings about their effects. Drawing on institutional and contingency perspectives, this study elucidates value appropriation issues in NPD and examines how the effects of NPD speed and technological radicalness are contingent on institutional frameworks and market conditions. Results from 244 high-tech companies in China show that dysfunctional competition enhances the effect of NPD speed, but legal inadequacy hinders the impact of technological radicalness on firm performance. Market growth strengthens the performance effect of NPD speed but restrains the effect of technological radicalness. In addition, technological radicalness demonstrates stronger effects on firm performance when demand uncertainty is high. © 2012 Elsevier Inc. All rights reserved.
Persistent Identifierhttp://hdl.handle.net/10722/178075
ISSN
2015 Impact Factor: 2.129
2015 SCImago Journal Rankings: 1.682
ISI Accession Number ID

 

DC FieldValueLanguage
dc.contributor.authorSheng, Sen_US
dc.contributor.authorZhou, KZen_US
dc.contributor.authorLessassy, Len_US
dc.date.accessioned2012-12-19T09:41:48Z-
dc.date.available2012-12-19T09:41:48Z-
dc.date.issued2013en_US
dc.identifier.citationJournal Of Business Research, 2013, v. 66 n. 11, p. 2355-2362en_US
dc.identifier.issn0148-2963en_US
dc.identifier.urihttp://hdl.handle.net/10722/178075-
dc.description.abstractWhereas new product development (NPD) speed and product innovativeness are two critical strategic determinants of firm performance, previous studies show inconclusive findings about their effects. Drawing on institutional and contingency perspectives, this study elucidates value appropriation issues in NPD and examines how the effects of NPD speed and technological radicalness are contingent on institutional frameworks and market conditions. Results from 244 high-tech companies in China show that dysfunctional competition enhances the effect of NPD speed, but legal inadequacy hinders the impact of technological radicalness on firm performance. Market growth strengthens the performance effect of NPD speed but restrains the effect of technological radicalness. In addition, technological radicalness demonstrates stronger effects on firm performance when demand uncertainty is high. © 2012 Elsevier Inc. All rights reserved.en_US
dc.languageengen_US
dc.publisherElsevier Inc. The Journal's web site is located at http://www.elsevier.com/locate/jbusresen_US
dc.relation.ispartofJournal of Business Researchen_US
dc.subjectInstitutional Environmenten_US
dc.subjectMarket Environmenten_US
dc.subjectNpd Speeden_US
dc.subjectTechnological Radicalnessen_US
dc.titleNPD speed vs. innovativeness: The contingent impact of institutional and market environmentsen_US
dc.typeArticleen_US
dc.identifier.emailZhou, KZ: kevinz@hkucc.hku.hken_US
dc.identifier.authorityZhou, KZ=rp01127en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.doi10.1016/j.jbusres.2012.04.018en_US
dc.identifier.scopuseid_2-s2.0-84880926928en_US
dc.identifier.hkuros230129-
dc.identifier.isiWOS:000323470000025-
dc.publisher.placeUnited Statesen_US
dc.identifier.scopusauthoridSheng, S=12784042500en_US
dc.identifier.scopusauthoridZhou, KZ=7202914654en_US
dc.identifier.scopusauthoridLessassy, L=16744339200en_US
dc.identifier.citeulike10687571-

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