Abstract:Drawing on institution based view and dynamic capability theory,this study develops and empirically tests a set of hypotheses, aiming at explaining how corporate political activities affect radical innovation outcome, and the role of Legitimacy in influencing the relationship between corporate political action and radical innovation. Data collected form 165 Chinese pharmaceutical firms serve to test the hypotheses. Results highlight that corporate political action increases firm’s strategic flexibility, and then radical innovation outcome. In addition, social legitimacy positively moderates the relationship between political legitimacy and radical innovation, and political legitimacy negatively moderates the relationship between political legitimacy and radical innovation.
李钰婷,高山行. 生物医药企业的政治行为对突破性创新的影响研究[J]. 管理学报, 2017, 14(12): 1804-.
LI Yuting,GAO Shanxing. An Empirical Study on Corporate Political Action and Radical Innovation. Chinese Journal of Management, 2017, 14(12): 1804-.