Interrelación entre riesgo e innovación: percepción del riesgo por gestores de proyectos

Authors

DOI:

https://doi.org/10.4067/S0718-27242018000200094

Keywords:

Risk, Innovation, Risk Taking, Project Management, Management of Technological Innovation, R&D

Abstract

Title: Relationship between risk and innovation: Risk perception by project managers

In an environment of uncertainty in the organizations, risk aversion from decision makers can be a rational behaviour, but reduces the ability to obtain innovate and then risk of failure increases. This paper analyses under an exploratory approach, the perception of the risk identified by Mexican innovation project leaders, in multinational companies. The results obtained from thirteen cases indicate that, there is no risk aversion and that the association between a higher level of profitability and greater risk is recognized, but that simple or intuitive methods are often used to manage risk. This highlights the need to train managers and executives with a wide risk and risk management overview, innovation and its relationship.

Downloads

Download data is not yet available.

Author Biographies

Rosalba Martínez Hernández, UNIVERSIDAD AUTÓNOMA DE SAN LUIS POTOSI

Docente investigador de tiempo completo Facultad de Contaduría y Administración, Universidad Autónoma de San Luis Potosí, México.

María del Pilar Pastor Pérez, Universidad Autónoma de San Luís Potosí

Docente investigador de tiempo completo Facultad de Contaduría y Administración, Universidad Autónoma de San Luis Potosí, México.

References

Benhabib, J., Perla J., & Tonetti, C. (2014). Catch-up and fall-back through innovation and imitation. Journal of Economic Growth, 19(1), 1-35. doi:10.1007/s10887-013-9095-z.

Bowers, J., & Khorakian, A. (2014). Integrating risk management in the innovation project. European Journal of Innovation Management, 17(1), 25-40. doi:10.1108/EJIM-01-2013-0010.

Fernández-Mesa, A., Alegre-Vidal, J., & Chiva-Gómez, R. (2012). Orientación emprendedora, capacidad de aprendizaje organizativo y desempeño innovador. Journal of Technology Management and Innovation, 7(2), 157–170. doi: http://dx.doi.org/10.4067/S0718-27242012000200013

García-Granero, A., Llopis, O., Fernández-Mesa, A., & Alegre, J. (2015). Unraveling the link between managerial risk-taking and innovation: The mediating role of a risk-taking climate. Journal of Business Research, 68, 1094-1104. doi: 10.1016/j.jbusres.2014.10.012.

Hartono, B., Sulistyo, S., Praftiwi, P., & Hasmoro, D. (2014). Project risk: Theoretical concepts and stakeholders' perspectives. International Journal of Project Management, 32(3), 400–411. doi: 10.1016/j.ijproman.2013.05.011.

Hillson, D. (2002). Extending the risk process to manage opportunities. International Journal of Project Management, 20(3), 235-240. doi: 10.1016/S0263-7863(01)00074-6.

Holton, G. A. (2004). Defining risk. Financial Analysts Journal, 60(6), 19-25. doi:10.2469/faj.v60.n6.2669

International Standard Organisation, ISO (2009) 31000: 2009, Risk Management—Principles and Guidelines. Primera edición, Geneva.

Ling, Y., Simsek, Z., Lubatkin, M., & Veiga, J. (2008). Transformational leadership's role in promoting corporate entrepreneurship: Examining the CEO-TMT interface. Academy of Management Journal, 21(3), 557–576. doi: 10.5465/amj.2008.32626023

Maccrinnon, K. R., & Wehrung, D. (1990). Characteristics of risk taking executives. Management Science, 36, 422–435. doi:10.1287/mnsc.36.4.422

March, J. G., & Shapira, Z. (1987). Managerial perspectives on risk and risk taking. Management Science, 33, 1404–1418. doi:10.1287/mnsc.33.11.1404

Organisation for Economic Co-operation and Development [OECD] & Eurostat. (2005). Oslo Manual. Paris: OECD. Doi: 10.1787/19900414

Peterson, R. S., Smith, D.B., Martorana, P. V., & Owens, P. D. (2003). The impact of chief executive officer personality on top management team dynamics: One mechanism by which leadership affects organizational performance. Journal of Applied Psychology, 88, 795–808. doi: 10.1037/0021-9010.88.5.795.

Project Management Institute (2013). Guía de los Fundamentos Para la Dirección de Proyectos (Guía del PMBOK®)-Quinta Edición (SPANISH). Project Management Institute.

Porter, M. E. (1990). The Comparative Advantage of Nations. New York: Free Press. doi: 10.1007/978-1-349-11336-1

PwC, & IFAC (1999). Enhancing Shareholder Wealth by Better Managing Business Risk. New York: PricewhaterhouseCoopers and International Federation of Accountants.

Rauch, A., Wiklund, J., Lumpkin, G. T., & Frese, M. (2009). Entrepreneurial orientation and business performance: An assessment of past research and suggestions for the future. Entrepreneurship: Theory and Practice, 33(3), 761–787. doi: 10.1111/j.1540-6520.2009.00308.x.

Rabechini Junior, R., & Monteiro de Carvalho, M. (2013). Understanding the impact of project risk management on project performance: An empirical study. Journal of Technology Management & Innovation, 8, 64-78. doi: 10.4067/s0718-27242013000300006

Riabacke, A. (2006). Managerial Decision Making Under Risk and Uncertainty. IAENG International Journal of Computer Science, 32(4).

Roussel, P., Saad, K., & Erickson, T. (1991). Third generation R&D: Managing the link to corporate strategy. Harvard: Harvard Business School Press.

Taplin, R., & Schymyck, N. (2005). An interdisciplinary and cross-cultural approach. In Taplin, R. (Ed.), Risk Management and Innovation in Japan, Britain and the United States. London: Routledge, 1-20. doi:10.4324/9780203027783

Thevendran, V., & Mawdesley, M. J. (2004). Perception of human risk factors in construction projects: an exploratory study. International Journal of Project Management, 22(2), 131-137. doi: 10.1016/s0263-7863(03)00063-2

Vargas-Hernández, J. G. (2011). Modelling risk and innovation management. Advances in Competitiveness Research, 19(3/4), 45–57.

Verbano, C., & Venturini, K. (2013). Managing risks in SMEs: A literature review and research agenda. Journal of Technology Management & Innovation, 8(3), 186-197. doi: 10.4067/s0718-27242013000400017

Wu, H. L. (2008). When does internal governance make firms innovative? Journal of Business Research, 61(2), 141–153. doi:10.1016/j.jbusres.2007.06.010.

Zwikael, O., & Ahn, M. (2011). The effectiveness of risk management: an analysis of project risk planning across industries and countries. Risk analysis, 31(1), 25-37. doi: 10.1111/j.1539-6924.2010.01470.x.

Published

2018-08-02

How to Cite

Martínez Hernández, R., & Pastor Pérez, M. del P. (2018). Interrelación entre riesgo e innovación: percepción del riesgo por gestores de proyectos. Journal of Technology Management & Innovation, 13(2), 94–103. https://doi.org/10.4067/S0718-27242018000200094

Issue

Section

Case Studies

Similar Articles

<< < 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 > >> 

You may also start an advanced similarity search for this article.