Corporate foresight and innovation: the effects of integrative capabilities and organisational learning

Jeewhan Yoon, Youngjun Kim, Nicholas S. Vonortas, Sung Won Han

    Research output: Contribution to journalArticlepeer-review

    26 Citations (Scopus)

    Abstract

    Despite the importance of corporate foresight for innovation management, scholars have yet to identify the organisational processes through which corporate foresight influences a company’s innovativeness. Drawing on the resource-based view and dynamic capabilities theory, we developed a model and posited that the effect of corporate foresight on innovativeness is mediated by organisational learning, while the relationship between corporate foresight and organisational learning is moderated by integrative capabilities. We conducted an empirical study in the manufacturing industry and found support for the study model, in which the indirect effect of corporate foresight on innovativeness through organisational learning was conditional on the level of integrative capabilities. This study has theoretical and practical implications for a more nuanced understanding of corporate foresight and its effect on innovation management.

    Original languageEnglish
    Pages (from-to)633-645
    Number of pages13
    JournalTechnology Analysis and Strategic Management
    Volume30
    Issue number6
    DOIs
    Publication statusPublished - 2018 Jun 3

    Bibliographical note

    Funding Information:
    This work was supported by a Korea University Grant.

    Publisher Copyright:
    © 2017 Informa UK Limited, trading as Taylor & Francis Group.

    Keywords

    • Corporate foresight
    • innovativeness
    • integrative capabilities
    • organisational learning

    ASJC Scopus subject areas

    • Strategy and Management
    • Management Science and Operations Research

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