You are invited to participate in our survey on corporate governance and innovation.
Why are some firms better in pursuing radical product innovations than others? Interestingly enough there is little systematic, worldwide evidence to answer this question. The goal of this study is to find some of the answers.
You are part of a small group of managers in Germany who were contacted for this study. Therefore, your answer is of high importance for the successful completion of this study. In previous interviews, managers like you required approximately 15 minutes to fill out the questionnaire.
The identification number on the questionnaire is for administrative purposes only. It enables our team to tick off your name on the list of recipients when your questionnaire is returned. Your name will at no time be put down on the questionnaire. Your answers will under no circumstances be released to anyone outside our academic research team.
If you have questions at any time about the survey or the procedures, you may contact Michael Horn by email at the email address specified below.
Thank you very much for your time and support. Please continue by pressing the Continue button.
Please indicate the industry you are working in:
The following 4 sections deal with questions of corporate governance.
We define your firm in this survey as all the divisions of your organization in your primary or home country. 1. Incentive Systems
A. Please indicate whether the following statements are true or false for your firm:
B. Please indicate the order of magnitude of the pay differential between average pay and the CEO's pay in your firm (2003):
C. Please indicate the percentage of variable pay for top, middle, and junior management in your firm (2003):
2. Management Institutions
Please indicate the extent to which you agree or disagree with the following statements:
3. Stakeholder Orientation
A. Please indicate the extent to which you agree or disagree with the following statements:
B. Please indicate whether the following statements are true or false for your firm:
4. Monitoring
Please indicate the extent to which you agree or disagree qith the following statements:
The following 4 sections deal with questions of innovation.
Definitions:
- Radical innovation: involves a substantially different technology while offering sibstantial increase in customer benefits and/or decrease of costs. Example: in 1953, the microwave oven was a radical product innovation relative to conventional ovens (the existing products at that time). A conventional oven with an automatic timer is not a radical product innovation, since it is based on similar technology relative to existing products in the industry. It may, however, be a new product for your firm if your firm has never marketed such a product before.
- Incremental innovation: involves a core technology that is not significantly new while not considerably improving customer benefits and/or decreasing costs. Example: before 1922, glass was cast on tables in separate batches to make plates. In 1922, a radical process innovation allowed glass to be cast between two rollers on a conveyor belt to make plates in a continuous and much faster process.
We define your firm in this survey as all the divisions of your organization in your primary or home country.
We define your industry as the group of firms anywhere in the world that produce potentially competing products. 1. General Innovativeness
A. Please indicate the extent to which you agree or disagree with the following statements:
C. Please indicate the percentage of your firm's total sales due to (a) new products/services or (b) processes introduced in the last three years (2001-2003):
2. Moderator Structure
Please indicate the extent to which you agree or disagree with the following statements:
3. Moderator Strategy
Please indicate the extent to which you agree or disagree with the following statements:
4. Moderator Culture
Please indicate the extent to which you agree or disagree with the following statements:
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