Risk, proactivity and uncertainties as determinants of the decision to imitate or to innovate

Ana Pérez-Luño, Ramon Valle-Cabrera, Johan Wiklund

Research output: Contribution to journalArticle

2 Scopus citations

Abstract

This paper empirically tests the impact of uncertainties, proactivity and risk taking on the decision to innovate or to imitate and on an objective and a subjective measure of the company's performance. Based on a survey of 399 companies, and using the company's size and age as control variables, our empirical results support the view that proactivity is the most important determinant of the decision of whether to innovate or imitate. Also, we find that the company's performance is not conditioned by the decision of innovating or imitating, but is rather determined by the company's size, proactivity and risk taking.

Original languageEnglish (US)
Pages (from-to)343-354
Number of pages12
JournalInternational Journal of Technology Intelligence and Planning
Volume3
Issue number4
DOIs
StatePublished - Dec 2007
Externally publishedYes

ASJC Scopus subject areas

  • Management Information Systems
  • Information Systems and Management
  • Management of Technology and Innovation

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