迎接挑战:具有研发背景的高管、风险承担和企业创新

IF 1.7 4区 管理学 Q3 MANAGEMENT
Huicong Li, Erwei Xiang
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引用次数: 1

摘要

超过一半的中国高科技企业由具有研发背景的高管(董事长和首席执行官)领导。本文以中国高新技术产业上市公司为样本,研究了高管研发背景是否影响企业创新成果,以及如何影响企业创新成果。研究发现,高管的研发背景与创新成果正相关。研究还发现了研发支出的中介作用和企业风险承担对上述关系的调节作用。我们的基线结果对于解决由潜在的不可观察特征、反向因果关系和其他问题引起的问题的测试是稳健的。我们的研究结果对旨在提高创新成果的企业和国家在研究决策和研发管理方面具有重要意义。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Rising to the Challenge: Top Executives with R&D Background, Risk-Taking and Corporate Innovation
More than half of Chinese high-technology firms are led by top executives (chairman and CEO) with R&D background. This study investigates whether and how top executives’ R&D background affects corporate innovation outcomes using a sample of listed firms in the high-technology industries in China. We find that the R&D background of top executives is positively related to innovation outcomes. We also find evidence on the mediating effect of R&D expenditure and moderating effect of corporate risk-taking on the above relationship. Our baseline results are robust to tests that address concerns caused by potential unobservable characteristics, reverse causality and other issues. Findings of our study have important implications for firms that aim to enhance their innovation outcomes and countries regarding their research policymaking and R&D management.
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来源期刊
CiteScore
3.80
自引率
4.80%
发文量
39
期刊介绍: Science, Technology and Society is an international journal devoted to the study of science and technology in social context. It focuses on the way in which advances in science and technology influence society and vice versa. It is a peer-reviewed journal that takes an interdisciplinary perspective, encouraging analyses whose approaches are drawn from a variety of disciplines such as history, sociology, philosophy, economics, political science and international relations, science policy involving innovation, foresight studies involving science and technology, technology management, environmental studies, energy studies and gender studies. The journal consciously endeavors to combine scholarly perspectives relevant to academic research and policy issues relating to development. Besides research articles the journal encourages research-based country reports, commentaries and book reviews.
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