Strategic learning self-efficacy, strategic decision-making style, and environment as determinants of firm growth
Strategic learning self-efficacy reflects the confidence of managers in their ability to learn from the outcomes of past strategic decisions and apply that knowledge to new decisions. This research examines the relationship between strategic learning self-efficacy and a firm's industry-adjusted...
Saved in:
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2025-01-01
|
| Series: | Journal of Innovation & Knowledge |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2444569X25000083 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1832595799380328448 |
|---|---|
| author | Jeffrey G. Covin Alessandra Lisanti Giovanni Latorre Katrina M. Brownell Patrick M. Kreiser |
| author_facet | Jeffrey G. Covin Alessandra Lisanti Giovanni Latorre Katrina M. Brownell Patrick M. Kreiser |
| author_sort | Jeffrey G. Covin |
| collection | DOAJ |
| description | Strategic learning self-efficacy reflects the confidence of managers in their ability to learn from the outcomes of past strategic decisions and apply that knowledge to new decisions. This research examines the relationship between strategic learning self-efficacy and a firm's industry-adjusted sales growth rate and specifies strategic decision-making style (ranging from autocratic to participative) and environmental dynamism (ranging from stable to dynamic) as contingency factors that affect this relationship. Primary and secondary data collected from 101 manufacturing firms were used to test hypothesized relationships. Results indicate that strategic learning self-efficacy is not significantly related to firm growth as a main effect. However, strategic decision-making style and environmental dynamism were both found to negatively moderate the relationship between strategic learning self-efficacy and firm growth. Moreover, strategic learning self-efficacy, strategic decision-making style, and environmental dynamism were found to have a three-way interactive effect on firm growth. Thus, dimensions of the learning context strongly influence the degree to which strategic learning self-efficacy is associated with firm growth. |
| format | Article |
| id | doaj-art-c914cadcbedb433a9e77301385bd745d |
| institution | Kabale University |
| issn | 2444-569X |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Journal of Innovation & Knowledge |
| spelling | doaj-art-c914cadcbedb433a9e77301385bd745d2025-01-18T05:04:57ZengElsevierJournal of Innovation & Knowledge2444-569X2025-01-01101100657Strategic learning self-efficacy, strategic decision-making style, and environment as determinants of firm growthJeffrey G. Covin0Alessandra Lisanti1Giovanni Latorre2Katrina M. Brownell3Patrick M. Kreiser4Department of Management and Marketing, College of Business, University of Wyoming, Laramie, WY 82070, United States; Corresponding author.Department of Management and Marketing, College of Business, University of Wyoming, Laramie, WY 82070, United StatesDepartment of Management and Marketing, College of Business, University of Wyoming, Laramie, WY 82070, United StatesDepartment of Management, Pamplin College of Business, Virginia Tech, Blacksburg, VA 24061, United StatesDepartment of Management and Marketing, College of Business, University of Wyoming, Laramie, WY 82070, United StatesStrategic learning self-efficacy reflects the confidence of managers in their ability to learn from the outcomes of past strategic decisions and apply that knowledge to new decisions. This research examines the relationship between strategic learning self-efficacy and a firm's industry-adjusted sales growth rate and specifies strategic decision-making style (ranging from autocratic to participative) and environmental dynamism (ranging from stable to dynamic) as contingency factors that affect this relationship. Primary and secondary data collected from 101 manufacturing firms were used to test hypothesized relationships. Results indicate that strategic learning self-efficacy is not significantly related to firm growth as a main effect. However, strategic decision-making style and environmental dynamism were both found to negatively moderate the relationship between strategic learning self-efficacy and firm growth. Moreover, strategic learning self-efficacy, strategic decision-making style, and environmental dynamism were found to have a three-way interactive effect on firm growth. Thus, dimensions of the learning context strongly influence the degree to which strategic learning self-efficacy is associated with firm growth.http://www.sciencedirect.com/science/article/pii/S2444569X25000083D83M10L10 |
| spellingShingle | Jeffrey G. Covin Alessandra Lisanti Giovanni Latorre Katrina M. Brownell Patrick M. Kreiser Strategic learning self-efficacy, strategic decision-making style, and environment as determinants of firm growth Journal of Innovation & Knowledge D83 M10 L10 |
| title | Strategic learning self-efficacy, strategic decision-making style, and environment as determinants of firm growth |
| title_full | Strategic learning self-efficacy, strategic decision-making style, and environment as determinants of firm growth |
| title_fullStr | Strategic learning self-efficacy, strategic decision-making style, and environment as determinants of firm growth |
| title_full_unstemmed | Strategic learning self-efficacy, strategic decision-making style, and environment as determinants of firm growth |
| title_short | Strategic learning self-efficacy, strategic decision-making style, and environment as determinants of firm growth |
| title_sort | strategic learning self efficacy strategic decision making style and environment as determinants of firm growth |
| topic | D83 M10 L10 |
| url | http://www.sciencedirect.com/science/article/pii/S2444569X25000083 |
| work_keys_str_mv | AT jeffreygcovin strategiclearningselfefficacystrategicdecisionmakingstyleandenvironmentasdeterminantsoffirmgrowth AT alessandralisanti strategiclearningselfefficacystrategicdecisionmakingstyleandenvironmentasdeterminantsoffirmgrowth AT giovannilatorre strategiclearningselfefficacystrategicdecisionmakingstyleandenvironmentasdeterminantsoffirmgrowth AT katrinambrownell strategiclearningselfefficacystrategicdecisionmakingstyleandenvironmentasdeterminantsoffirmgrowth AT patrickmkreiser strategiclearningselfefficacystrategicdecisionmakingstyleandenvironmentasdeterminantsoffirmgrowth |