Session 152

Institutional Change and Innovation

Track A

Date: Tuesday, October 9, 2012


Time: 11:00 – 12:15


Room: Dressing Room 220

Session Chair:

  • Torben Pedersen, Bocconi University

Title: Adapting to a Changing Organizational Field: The Role of Anchor Organizations


  • Suleika Bort, University of Mannheim

Abstract: Based on the development of the biotechnology industry in Germany, I want to explore the role of anchor organizations and how this role changes over time. I propose that the innovation output of firms is depended on the network function of anchor organizations and contingent on the development of the organizational field. Based on an event history study of patenting activity of firms in the German biotech industry from the year 1996 until 2009, I state that the network connectivity of the anchor is more important in the earlier stage of the field formation while the brokerage activity of the anchor is more important in later stage of the field formation.

Title: Analyzing the Impact of Innovation on Firm Growth in a High Uncertainty Environment


  • Xu Li, London Business School
  • Freek Vermeulen, London Business School

Abstract: Innovation is generally portrayed as positive for firm performance, especially in uncertain environments. However, empirical evidence on the influence of innovation on performance is mixed. Using an attention-based view of firm growth, we theorize about the influence of innovation on firm growth in an environment characterized by high uncertainty, where the uncertainty is caused by sources other than innovation itself. Using longitudinal data on the population of Chinese pharmaceutical firms, our models indicate a negative effect of product innovation on firm growth. Consistent with our attention-based view, the negative influence is stronger when the firm concurrently diversifies into other product markets and operates a portfolio of ample alliances.

Title: Institutional Imprinting Effects for Standard-Setting Participation and Innovation Outcomes in the Mobile Handset Industry


  • Gurneeta Vasudeva, University of Minnesota
  • Elizabeth Alexander, University of the West of England
  • Stephen Jones, University of Minnesota

Abstract: We apply perspectives from institutional theory to understand firms’ participation in standard setting organizations and the effectiveness of these standard setting organizations in terms of the innovation outcome for focal firms. In particular, we argue that institutions imprint firms’ orientation for technological consensus and technological flexibility—two key mechanisms that underpin standard setting organizations’ ability to accomplish the goal of technological cooperation among competitors. We develop and test these ideas by employing the degree of corporatism and statism that shape such orientations and abilities within firms’ national institutional environments. Findings from the global mobile handset industry support our key argument concerning the role of institutional imprinting in explaining both firm participation in any type of standard setting organization and the associated innovation outcomes.

Title: Public-Private Collaboration To Build National Innovation Capability


  • Johan Wallin, Synocus Group

Abstract: Innovations are increasingly emerging in ecosystems. A national innovation agency can affect the building of innovation activities by funding research activities of individual companies, fostering innovation in networks, and by contributing to the general contextual factors supporting innovative behavior. The Finnish national innovation agency, Tekes, has stated the support for the building of innovation capabilities as one of its key objectives. This paper presents how the assessment of the way Tekes has contributed to the building of innovation capabilities in Finland can inform corporate decision makers about how to better enter public-private collaboration in different types of innovation contexts.

All Sessions in Track A...

Mon: 08:00 – 09:15
Session 147: Emerging Market Firms and Complex Institutional Environments
Mon: 09:30 – 10:45
Session 220: Political Strategies in Transition Contexts
Mon: 13:30 – 14:45
Session 221: National Institutions and Firm Behavior
Mon: 16:30 – 17:45
Session 154: Embeddedness, Networks and Non-Market Strategies
Tue: 08:00 – 09:15
Session 153: Cognition, Bounded Rationality and Strategy
Tue: 11:00 – 12:15
Session 151: Coevolution of Institutions and Firm Strategy
Session 152: Institutional Change and Innovation
Tue: 14:15 – 15:30
Session 155: Institutional Transitions and Internationalization Strategies
Tue: 15:45 – 17:00
Session 219: Strategic Responses to Institutional Change
Tue: 17:30 – 18:45
Session 150: Legitimacy, Liabilities and Institutions

Strategic Management Society