How formalisation and connectedness moderate the effect of foresight on radical innovation: empirical evidence from european companies?
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Formalisation and connectedness interact to enhance the effect of strategic foresight on radical innovation . When formalisation and connectedness are both high, they jointly improve a firm's ability to use strategic foresight to produce radical innovation . However, when social connectedness is low, high formalisation reduces a firm's ability to turn foresight action into radical innovation . This suggests that the extent of formalisation and social connectedness in a firm moderates the effect of strategic foresight on radical innovation .
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| The provided paper does not address the specific question about how formalization and connectedness moderate the effect of foresight on radical innovation in European companies. The paper focuses on the influence of AI-related knowledge on the emergence of radical innovations and the differentiation between SMEs and large firms. | |
Open access 01 Jan 2016 2 Citations | The provided paper does not mention formalisation, connectedness, or foresight in relation to the moderation of the effect on radical innovation. |
15 Citations | The provided paper does not mention anything about formalisation, connectedness, or foresight in relation to the moderation effect on radical innovation. |
| The paper found that high formalisation and connectedness together enhance the effect of strategic foresight on radical innovation in European companies. However, when social connectedness is low, high formalisation reduces the ability to turn foresight into radical innovation. |
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