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| Content Provider | Springer Nature Link |
|---|---|
| Author | Stock, Ruth Maria Reiferscheid, Ines |
| Copyright Year | 2013 |
| Abstract | The degree to which the research and development (R&D) department is regarded as more important for product innovativeness than is marketing, with greater potential to influence innovation decisions, appears ambiguous. This study examines how R&D’s level of power, relative to marketing’s, affects product program newness and meaningfulness, and thus market and financial performance. Relying on the motive of enhancement, this study reveals two underlying mechanisms to explain considerations of R&D and marketing depending on R&D’s power. A multi-informant sample of top executives and subordinates from 229 firms indicates distinct effects of R&D’s relative power on product program newness and meaningfulness. Specifically, R&D power exhibits a positive linear relationship with product program newness but a nonlinear effect with meaningfulness. To expand market and financial performance, firms should seek to generate meaningful product innovations through a moderate level of relative R&D power, particularly when their environments are characterized by high competitive intensity. |
| Starting Page | 264 |
| Ending Page | 276 |
| Page Count | 13 |
| File Format | |
| ISSN | 00920703 |
| Journal | Journal of the Academy of Marketing Science |
| Volume Number | 42 |
| Issue Number | 3 |
| e-ISSN | 15527824 |
| Language | English |
| Publisher | Springer US |
| Publisher Date | 2013-09-26 |
| Publisher Institution | Academy of Marketing Science |
| Publisher Place | Boston |
| Access Restriction | One Nation One Subscription (ONOS) |
| Subject Keyword | Relative R&D power Product program innovativeness Nonlinear effects Motive of enhancement Business/Management Science Marketing Social Sciences |
| Content Type | Text |
| Resource Type | Article |
| Subject | Business and International Management Economics and Econometrics Marketing |
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