“With(out) a Little Help From My Friends? Stakeholder Management, Innovation Strategy, and Long-Term Firm Performance”

Item Type Conference or Workshop Item (Poster)
Abstract Stakeholder management is a key way for firms to gain useful knowledge for firm innovation. In light of substantial inter-firm heterogeneity in the performance effects of stakeholder management, we examine the implications of alignment and misalignment between the firm’s stakeholder management efforts and its innovation strategy. We distinguish between exploratory and exploitative innovation strategies as well as between external and internal stakeholders. Our findings suggest that firms will benefit more from aligning their stakeholder management and innovation strategy and may even experience negative effects from misalignment. Combined primary survey and time-lagged secondary data from 222 European firms broadly supports our arguments.
Authors Haefner, Naomi & Palmié, Maximilian
Journal or Publication Title 23rd Annual Organization Science Winter Conference 2017
Language English
Subjects business studies
HSG Classification contribution to scientific community
HSG Profile Area SoM - Business Innovation
Date 3 February 2017
Publisher Organization Science
Place of Publication Catonsville, MD
Number of Pages 6
Title of Book Knowledge Creation, Retention, and Transfer in Organizations
Event Title 23rd Annual Organization Science Winter Conference
Event Location Park City, UT
Event Dates 2-5 Feb 2017
Official URL http://connect.informs.org/orgsci/winter-meeting/h...
Depositing User Prof. Dr. Naomi Häfner
Date Deposited 15 Jun 2017 16:10
Last Modified 20 Jul 2022 17:31
URI: https://www.alexandria.unisg.ch/publications/251022

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Haefner, Naomi & Palmié, Maximilian: “With(out) a Little Help From My Friends? Stakeholder Management, Innovation Strategy, and Long-Term Firm Performance”. [Conference or Workshop Item]

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https://www.alexandria.unisg.ch/id/eprint/251022
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