Does Strategic Planning Enhance or Impede Innovation and Firm Performance? Song, M., Im, S., Bij, H. van der, & Song, L. Z. (2011). Does Strategic Planning Enhance or Impede Innovation and Firm Performance? The Journal of Product Innovation Management, 28(4), 503–520. https://doi.org/10.1111/j.1540-5885.2011.00822.x
Does strategic planning enhance or impede innovation and firm performance? The current literature provides contradictory views. This study extends the resource-advantage theory to examine the conditions in which strategic planning increases or decreases the number of new product development projects and firm performance. The authors test the theoretical model by collecting data from 227 firms.