Innovation Strategy,Human Resource Policy,and Firms' Revenue Growth: The Roles of Environmental Uncertainty and Innovation Performance* |
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Authors: | Fred O. Walumbwa Andrew Myers |
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Affiliation: | 1. Department of Management, W.P. Carey School of Business, Arizona State University, Tempe, AZ 85287‐4006, e‐mail: fred.walumbwa@asu.edu;2. AJM Associates, Stoke Bruerne, UK, e‐mail: ajmyers@compuserve.com |
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Abstract: | This study investigates the interactions of innovation strategy execution and innovation‐focused human resource (HR) policy adoption on innovation performance and revenue growth. In addition, we investigate the moderating role of environmental uncertainty on the effects of innovation strategy execution and innovation‐focused HR policy on innovation performance. Results show that the interaction of innovation strategy execution and innovation‐focused HR policy is positively related to innovation performance. Results also show that environmental uncertainty positively moderates the innovation strategy execution–innovation performance relationship. Finally, innovation performance mediates the interaction of innovation strategy execution and environmental uncertainty on firms’ revenue growth. Implications of these findings for theory and practice are discussed. |
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Keywords: |
Business Performance
Human Resource Policy
and Innovation Strategy
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