Rising to the Challenge: Top Executives with R&D Background, Risk-Taking and Corporate Innovation. (June 2022)
- Record Type:
- Journal Article
- Title:
- Rising to the Challenge: Top Executives with R&D Background, Risk-Taking and Corporate Innovation. (June 2022)
- Main Title:
- Rising to the Challenge: Top Executives with R&D Background, Risk-Taking and Corporate Innovation
- Authors:
- Li, Huicong
Xiang, Erwei - Abstract:
- 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.
- Is Part Of:
- Science, technology & society. Volume 27:Number 2(2022)
- Journal:
- Science, technology & society
- Issue:
- Volume 27:Number 2(2022)
- Issue Display:
- Volume 27, Issue 2 (2022)
- Year:
- 2022
- Volume:
- 27
- Issue:
- 2
- Issue Sort Value:
- 2022-0027-0002-0000
- Page Start:
- 233
- Page End:
- 255
- Publication Date:
- 2022-06
- Subjects:
- Top executives -- R&D background -- innovation outcomes -- R&D expenditure -- risk-taking
Technology -- Social aspects -- Periodicals
Science -- Social aspects -- Periodicals
509 - Journal URLs:
- http://sts.sagepub.com/ ↗
http://www.uk.sagepub.com ↗ - DOI:
- 10.1177/09717218221075153 ↗
- Languages:
- English
- ISSNs:
- 0971-7218
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 20582.xml