2020
DOI: 10.1108/md-02-2020-0233
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From CEO passion to exploratory and exploitative innovation: the moderating roles of market and technological turbulence

Abstract: PurposeInnovation has been identified as a critical element to achieve firms' growth. The purpose of this study is to investigate the impact of chief executive officer (CEO) passion on firm innovation, including exploratory and exploitative innovation and examine the moderating roles of market and technological turbulence.Design/methodology/approachThis study adopts the methodology of survey and uses multisource and time-lagged data of 146 firms in China. Seemingly unrelated regression (SUR) is used to test th… Show more

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Cited by 28 publications
(13 citation statements)
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References 87 publications
(202 reference statements)
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“…Obviously, the link between operational sustainability and firm performance is affected by the technology turbulence (TT), which impedes a firm's technological advancement. This concept is in consonance with other studies [37,38], according to which firms cannot ignore the technological turbulence and must respond promptly to market changes. Now, the effects of the moderator TT on the linkage H4 will be discussed and illustrated with graphs, as shown in Figure 3.…”
Section: Discussionsupporting
confidence: 84%
See 2 more Smart Citations
“…Obviously, the link between operational sustainability and firm performance is affected by the technology turbulence (TT), which impedes a firm's technological advancement. This concept is in consonance with other studies [37,38], according to which firms cannot ignore the technological turbulence and must respond promptly to market changes. Now, the effects of the moderator TT on the linkage H4 will be discussed and illustrated with graphs, as shown in Figure 3.…”
Section: Discussionsupporting
confidence: 84%
“…However, the rapid development of technology invites the menace of technology turbulence, which impedes firms from exhibiting better performance even after they achieve better operational sustainability [35,36]. Therefore, technology turbulence also needs to be addressed to ensure effective firm performance [37,38].…”
Section: Literature Reviewmentioning
confidence: 99%
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“…The inadequacies of earlier studies highlight this contribution. Previous research studied the moderating role of TT in the relationship between innovation and business performance (bin Zainuddin, 2017;Turulja and Bajgoric, 2019), combinative competitive capabilities (Celtekligil and Adiguzel, 2019), CEO passion (Cai et al, 2021) and management control systems (Dos Santos et al, 2023). In addition, Chatterjee et al (2022) investigated TT as a moderator between deep learning technology capability and firm performance.…”
Section: Introductionmentioning
confidence: 99%
“…It is also associated with unpredictability (Santos et al, 2021). Technological turbulence is concerned with the pace of technological changes, fabrication, and practices in technological applications (Cai et al, 2020). When digital knowledge capability is developed and innovation is improved, an enterprise tries to reach the peak of success, but technological turbulence is perceived to have a negative effect on the connection between market orientation and the enterprise's performance (Liu et al, 2021).…”
Section: Moderating Role Of Technology Turbulence (Tt)mentioning
confidence: 99%