Top Management Team Advice Seeking and Exploratory Innovation: The Moderating Role of TMT Heterogeneity

32 Pages Posted: 15 Jan 2008 Last revised: 9 Jun 2014

See all articles by Alexander Alexiev

Alexander Alexiev

VU University Amsterdam - Department of Management and Organisation

Justin J. P. Jansen

Rotterdam School of Management

Frans A. J. Van Den Bosch

Erasmus University Rotterdam (EUR) - Department of Strategic Management and Entrepreneurship; Erasmus Research Institute of Management (ERIM)

H. W. Volberda

Erasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM); Erasmus Research Institute of Management (ERIM)

Multiple version iconThere are 2 versions of this paper

Date Written: May 7, 2008

Abstract

This study examines the top management team's internal and external advice seeking behavior in affecting exploratory innovation, i.e. innovation aimed at new markets or based on radically new technologies. Additionally, hypotheses are developed in which the impact of TMT advice seeking on exploratory innovation is moderated by the team's functional and background heterogeneity. For heterogeneous top management teams the potential for realizing exploratory innovation lies within the team rather than as a result of external advice seeking. The use of internal advice however, is positively moderated by the TMT heterogeneity and can further boost the exploratory innovation of the firm.

Keywords: Advice seeking, exploratory innovation, heterogeneity, top management teams

JEL Classification: M00, M10, M19

Suggested Citation

Alexiev, Alexander and Jansen, Justin J. P. and Van Den Bosch, Frans A. J. and Volberda, Henk W., Top Management Team Advice Seeking and Exploratory Innovation: The Moderating Role of TMT Heterogeneity (May 7, 2008). Available at SSRN: https://ssrn.com/abstract=1083987 or http://dx.doi.org/10.2139/ssrn.1083987

Alexander Alexiev (Contact Author)

VU University Amsterdam - Department of Management and Organisation ( email )

Netherlands

Justin J. P. Jansen

Rotterdam School of Management ( email )

P.O. Box 1738
Room T08-21
3000 DR Rotterdam, 3000 DR
Netherlands
+31 10 408 97 82 (Phone)
+31 10 408 90 13 (Fax)

HOME PAGE: http://www.rsm.nl/jjansen

Frans A. J. Van Den Bosch

Erasmus University Rotterdam (EUR) - Department of Strategic Management and Entrepreneurship ( email )

RSM Erasmus University
Rotterdam, 3000 DR
Netherlands
+31 10 408 1955/2005 (Phone)
+31 10 453 0137 (Fax)

HOME PAGE: http://www.rsm.nl/fvandenbosch

Erasmus Research Institute of Management (ERIM)

P.O. Box 1738
3000 DR Rotterdam
Netherlands

Henk W. Volberda

Erasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM) ( email )

P.O. Box 1738
Room T08-21
3000 DR Rotterdam, 3000 DR
Netherlands
+31 10 408 2761 (Phone)
+31 10 408 9013 (Fax)

HOME PAGE: http://www.eur.nl/fbk/dep/dep4/faculty_members/Henk_Volberda

Erasmus Research Institute of Management (ERIM)

P.O. Box 1738
3000 DR Rotterdam
Netherlands

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