Key points are not available for this paper at this time.
Based on a sample of 388 small and medium-sized enterprises (SMEs), we investigate how a CEO's passion for inventing is associated with radical innovations in SMEs. Furthermore, we examine whether this relationship is moderated by a shared vision. Our results demonstrate that CEOs who are passionate about inventing play a significant role with regard to radical innovation and that the degree to which a firm's members share its vision is positively correlated with this relationship. Our findings enrich upper echelons theory by incorporating insights into how deep-level psychological traits are related to firm outcomes. In addition, we enhance our understanding of how passion can actually predict firm-level outcomes.
Strese et al. (Thu,) studied this question.