Leveraging international R&D teams of portfolio entrepreneurs and management controllers to innovate: Implications of algorithmic decision-making
2022 (English)In: Journal of Business Research, ISSN 0148-2963, E-ISSN 1873-7978, Vol. 140, p. 232-244Article in journal (Refereed) Published
Abstract [en]
We focus on how international research and development (R&D) teams of portfolio entrepreneurs and their management controllers can help to innovate and sustain entrepreneurial activities. An algorithmic decision-making model is implemented that indicates how such portfolio entrepreneurs build complex business structures and create a context for management accounting controllers’ information that is suggestive of R&D internationalization challenges. A case study is utilized to compare one large and one medium-sized business conglomerate. Open interviews were conducted with portfolio entrepreneurs and their management controllers. We found that the international R&D teams of portfolio entrepreneurs and their management controllers have different mindsets when assessing sustainable innovative approaches for the existing business and for future expansion through acquisitions. Our findings assert the importance of context when understanding the challenges of management controllers dealing with the internationalization of such R&D efforts. © 2021 The Author(s)
Place, publisher, year, edition, pages
New York, NY: Elsevier, 2022. Vol. 140, p. 232-244
Keywords [en]
International R&D teams, Portfolio entrepreneurs, Throughput model, AI algorithms, Decision-making, Management controllers
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hh:diva-46014DOI: 10.1016/j.jbusres.2021.10.053ISI: 000763037600003Scopus ID: 2-s2.0-85119040217OAI: oai:DiVA.org:hh-46014DiVA, id: diva2:1616376
Note
Funding: Citibank, Marcus Wallenberg Foundation in Finland, National Science Foundation (NSF), Ford Foundation & Foundation for Economic Education (FEE)
2021-12-022021-12-022022-05-09Bibliographically approved