Abstract
Process innovation is increasingly identified as a mean of improving the competitive positioning of small manufacturing firms. One factor known to be important in technology adoption decisions is the influence of the CEOs. This study investigates the relationship between CEO characteristics and the degree of firm innovativeness. Firm innovativeness was measured using both a traditional measure (number of process innovations) as well as the perceived attributes of these innovations as reported by an independent panel of experts. Results of an empirical study conducted in 74 small manufacturing firms operating in the plastics sector reveal that a combination of personal characteristics, personality traits and attitudes, and characteristics of the decision-making process are at play.
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