The dual nature of innovative activity: How entrepreneurial orientation influences innovation generation and adoption

Ana Pérez-Luño, Johan Wiklund, Ramón Valle Cabrera

Research output: Contribution to journalArticlepeer-review

156 Scopus citations

Abstract

This paper analyzes two modes of innovation that differ in their scope of newness - innovation generation and adoption. Building a theoretical model based on the Entrepreneurial Orientation literature and utilizing a unique sample of innovating firms, we find that 54% adopt innovations of other firms, 7% generate innovations internally whereas 39% combine the two. We also find that proactivity and risk taking influence the number of innovations generated and the extent to which firms favor generation over adoption and that environmental dynamism moderates one of these relationships. These findings add to the innovation and Entrepreneurial Orientation literatures.

Original languageEnglish (US)
Pages (from-to)555-571
Number of pages17
JournalJournal of Business Venturing
Volume26
Issue number5
DOIs
StatePublished - Sep 1 2011

Keywords

  • Environmental dynamism
  • Generation and adoption of innovation
  • Proactivity
  • Risk taking

ASJC Scopus subject areas

  • Business and International Management
  • Management of Technology and Innovation

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