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Strategic Management Policy

Department of Management: Faculty Publications

Strategic management

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Ceo Scanning Behaviors, Self-Efficacy, And Sme Innovation And Performance: An Examination Within A Declining Industry, Rajiv Nag, François Neville, Nikolaos Dimotakis Jan 2020

Ceo Scanning Behaviors, Self-Efficacy, And Sme Innovation And Performance: An Examination Within A Declining Industry, Rajiv Nag, François Neville, Nikolaos Dimotakis

Department of Management: Faculty Publications

Studying the CEOs of small and medium enterprises (SMEs) in the US metalcasting industry—an industry that has been steadily declining for several years—we develop a theoretical model to examine how CEO scanning behaviors in the form of scanning intensity and proactiveness influence self-efficacy, which in turn influences firm innovation and performance. We extend theory and research by (a) demonstrating of the role and influence of SME CEOs over firm innovation and performance in declining industries, (b) illustrating how scanning provides social learning opportunities for CEOs that enhance their levels of self-efficacy, and (c) showing that self-efficacy mediates the effects of …