TY - JOUR
T1 - The influence of budgetary participation by R&D managers on product innovation performances
T2 - The effect of trust, job satisfaction and information asymmetry
AU - Cheng, Kuo Chih
AU - Chen, Tsung Cheng
AU - Shih, Nien Su
PY - 2014
Y1 - 2014
N2 - To high technology manufacturing companies, product innovation is key source of competency and profitability enhancement. This study employs participative goal-setting theory to construct the structural relationship among budgetary participation, asymmetric information, trust, job satisfaction and product innovation performance. Results from a questionnaire survey of 231 R&D managers with budget responsibilities in 135 high technology manufacturing companies listed in the Taiwan Stock Exchange Market, and path analysis is used to test our hypotheses. The empirical evidence of this research revealed the following: Increasing budgetary participation not only raises job satisfaction and sets asymmetric information but also seems to enhance product innovation performance. Trust also plays the mediating role between budgetary participation and product innovation performance. Implications and directions for future research are discussed.
AB - To high technology manufacturing companies, product innovation is key source of competency and profitability enhancement. This study employs participative goal-setting theory to construct the structural relationship among budgetary participation, asymmetric information, trust, job satisfaction and product innovation performance. Results from a questionnaire survey of 231 R&D managers with budget responsibilities in 135 high technology manufacturing companies listed in the Taiwan Stock Exchange Market, and path analysis is used to test our hypotheses. The empirical evidence of this research revealed the following: Increasing budgetary participation not only raises job satisfaction and sets asymmetric information but also seems to enhance product innovation performance. Trust also plays the mediating role between budgetary participation and product innovation performance. Implications and directions for future research are discussed.
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U2 - 10.6126/APMR.2014.19.2.02
DO - 10.6126/APMR.2014.19.2.02
M3 - Article
AN - SCOPUS:84903759950
VL - 19
SP - 133
EP - 150
JO - Asia Pacific Management Review
JF - Asia Pacific Management Review
SN - 1029-3132
IS - 2
ER -