Abstract
Due to increasingly intense competition among companies, employees’ innovative behavior has not only become a crucial factor for company development but also a topic of broad and current interest among companies and researchers. It is a requisite for companies to identify the antecedents of employees’ innovative behavior. The main objective of this study was to investigate the effect of psychological capital (PsyCap) on employees’ innovative behavior through its relationship with job satisfaction and organizational commitment. The partial least squares method was adopted in this study to analyze 266 employees from China. The results showed that PsyCap had positive effects on job satisfaction and organizational commitment, and verified the relationship between employees’ innovative behavior and their job satisfaction and organizational commitment. Moreover, the mediating effect of PsyCap in terms of job satisfaction and organizational commitment on employees’ innovative behavior was verified by a mediation analysis. Employees’ innovative behavior is not only essential for the research and development department; rather, it is also important for other departments. The empirical results of this study show that companies should consider taking measures to increase employees’ PsyCap, so as to enhance their innovative behavior. Lastly, the study also provided the managerial implications of its findings and recommendations for future research.
Highlights
Due to the rapid transformation of the global economy, companies nowadays have to face complex and ever-changing competitive environments
As China shifts from a manufacturing giant to a knowledge-based economy, employees in knowledgebased companies have slowly transformed into working groups whose main job is to create, apply, and increase knowledge
Based on the perspectives of positive psychology, this study aimed to investigate how employees’ PsyCap affects their job satisfaction and their organizational commitment, thereby increasing their corporate coherence and innovative behavior
Summary
Due to the rapid transformation of the global economy, companies nowadays have to face complex and ever-changing competitive environments. Leaders and members of an organization must be able to adapt to rapid changes in the working environment in order for the organization to pursue sustainable development (Spreitzer and Porath, 2012; Spreitzer et al, 2012) In such a highly uncertain environment, management costs can be saved and organizational effectiveness can be enhanced if employees are able to proactively seek the information required to achieve their work. As China shifts from a manufacturing giant to a knowledge-based economy, employees in knowledgebased companies have slowly transformed into working groups whose main job is to create, apply, and increase knowledge. These employees have a passion for challenging and creative tasks while striving to achieve perfection. It is important for companies to identify the important factors that promote employees to express their unparalleled creativity in the innovation of new products or services, so as to keep up with business trends and enhance innovative performance (Carmeli and Spreitzer, 2009)
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