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Responding To Key Exogenous Changes: The Joint Effect Of Network Heterogeneity And Culture Of Innovation

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  • RADOSLAW NOWAK

    (School of Management, New York Institute of Technology, 1855 Broadway, New York, NY 10023-7692, USA)

Abstract

Any firm must decide to what extent it should remain open to its environment and which internal competencies it should develop to capitalise on externally sourced information. While addressing these key strategic considerations, this project focuses on the joint effect of heterogeneity of external networks and internal culture of innovation. High heterogeneity of external networks should enable a firm to more quickly learn about and address evolving demands of external markets. Nevertheless, to fully capitalise on new incoming information, a firm must also establish an organisational culture that will mandate strong employee engagement and support for the process of internal transformation. Consequently, this study proposes that the joint effect of two factors — heterogeneous networks and culture of innovation — may empower any organisation to successfully react to key environmental changes. The empirical testing of the proposed model was conducted using regression analyses performed on original data collected in the health industry. Contribution to research and practice is discussed.

Suggested Citation

  • Radoslaw Nowak, 2019. "Responding To Key Exogenous Changes: The Joint Effect Of Network Heterogeneity And Culture Of Innovation," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 23(04), pages 1-27, May.
    • Handle: RePEc:wsi:ijimxx:v:23:y:2019:i:04:n:s1363919619500300
    DOI: 10.1142/S1363919619500300
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    References listed on IDEAS

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