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Determinants and Consequences of Decision Errors in Innovation Development: A Comprehensive Empirical Investigation on the Organizational and Individual Level

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  • Schuhmacher, Monika C.

Abstract

This DFG project addressed the research question of how specific decision errors in innovation endeavors occur and subsequently influence individual and organizational behavior. The phenomena under scrutiny comprise innovation failure and missing out on an innovation opportunity. While the former results from pursuing an inherently bad project, the latter results from not pursuing an inherently good project further. Focusing on these distinct decision errors, particularly the latter, three empirical subprojects fill relevant research gaps and help to formulate implications for scholars and practitioners.

Suggested Citation

  • Schuhmacher, Monika C., 2025. "Determinants and Consequences of Decision Errors in Innovation Development: A Comprehensive Empirical Investigation on the Organizational and Individual Level," EconStor Research Reports 318550, ZBW - Leibniz Information Centre for Economics.
    • Handle: RePEc:zbw:esrepo:318550
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    References listed on IDEAS

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    1. Xinlei Zhao, 2009. "Technological Innovation and Acquisitions," Management Science, INFORMS, vol. 55(7), pages 1170-1183, July.
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    3. Amit Kumar & Elisa Operti, 2023. "Missed chances and unfulfilled hopes: Why do firms make errors in evaluating technological opportunities?," Strategic Management Journal, Wiley Blackwell, vol. 44(13), pages 3067-3097, December.
    4. Felipe A. Csaszar, 2013. "An Efficient Frontier in Organization Design: Organizational Structure as a Determinant of Exploration and Exploitation," Organization Science, INFORMS, vol. 24(4), pages 1083-1101, August.
    5. Ronald Klingebiel & John Joseph & Valerie Machoba, 2022. "Sequencing innovation rollout: Learning opportunity versus entry speed," Strategic Management Journal, Wiley Blackwell, vol. 43(9), pages 1763-1792, September.
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