Management Innovation

SMG Research Seminar with Michael Mol (University of Reading).

Management Innovation" by Michael Mol (University of Reading)

Seminar description: The seminar will be two-part. First there will be a presentation of a conceptual paper on management innovation. Here management innovation is defined as the invention and implementation of a management practice, process, structure or technique that is new to the state of the art and is intended to further organizational goals.

Adopting an intra-organizational evolutionary perspective, an examination is made of the roles of key change agents inside and outside the organization in driving and shaping four processes -motivation, invention, implementation, and theorization and labeling - that collectively define a model of how management innovation comes about. Michael Mol will proceed with an empirical illustration. He replicates existing literature by showing that internal factors like size, employee education level and market scope impact positively on management innovations, and extends it by showing how external knowledge sources produce a similar effect, consistent with the external search literature in technological innovation.

Furthermore he demonstrates a trade-off between internal factors and external sources, in that their joint application produces a negative effect. He also shows that management innovation is positively associated with firm performance in the form of future productivity growth.

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