The Influence of Performance Feedback and Top Management Team Orientation on Decisions about R&D in Technology-based Firms

Rögnvaldur Sæmundsson, Marina Candi*, Olaf Sigurjonsson

*Corresponding author af dette arbejde

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review


The purpose of this work is to investigate the influence of performance feedback on decisions about R&D—more specifically R&D intensity and R&D direction, ranging from exploitation to exploration—and how this varies depending on top management team orientation. Using panel data collected from a large sample of technology-based firms over nine years, hypotheses about how the relationship between performance feedback and decisions about R&D are moderated by the technology orientation of top management teams are tested. Overall, the findings support the basic premises put forth, namely that top management team orientation influences decisions about R&D in response to performance feedback. This sheds new light on our understanding of the relationship between performance feedback and decisions about R&D in technology-based firms
Antal sider13
StatusUdgivet - maj 2022

Bibliografisk note

Published online: 24. November 2021.


  • Performance feedback
  • R&D
  • Risk-taking
  • Technology-based firms
  • Top management team orientation