BRIDGING YESTERDAY, TODAY, AND TOMORROW: CEO TEMPORAL FOCUS, ENVIRONMENTAL DYNAMISM, AND RATE OF NEW PRODUCT INTRODUCTION

被引:335
作者
Nadkarni, Sucheta [1 ]
Chen, Jianhong [2 ]
机构
[1] Univ Cambridge, Judge Business Sch, Cambridge CB2 1TN, England
[2] Univ New Hampshire, Peter T Paul Coll Business & Econ, Durham, NH 03824 USA
关键词
CHIEF EXECUTIVE OFFICER; FUTURE TIME PERSPECTIVE; STRATEGIC DECISIONS; MODERATING ROLE; UPPER ECHELONS; INNOVATION; MANAGEMENT; CAPABILITIES; PERFORMANCE; KNOWLEDGE;
D O I
10.5465/amj.2011.0401
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using a multidimensional framework of CEO temporal focus (the degree to which CEOs characteristically devote attention to perceptions of the past, present, and future), we propose that a company's rate of new product introduction (NPI) is predicted by a CEO's focus on each of the three distinct time frames in interaction with environmental dynamism. Based on a longitudinal (from 1996 to 2003) analysis of 221 firms in 19 industries, we show that, in stable environments, new products are introduced faster in firms headed by CEOs with high past focus, high present focus, and low future focus. In dynamic environments, new products are introduced faster in firms headed by CEOs with low past focus, high present focus, and high future focus. These findings demonstrate how CEO temporal attentional bias shapes the rate of NPI.
引用
收藏
页码:1810 / 1833
页数:24
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