Does top management Team’s academic experience promote corporate innovation? Evidence from China

Shen, Huayu; Fengyun, Lan; Xiong, Hao; Lv, Jun; Jian, Jianhui

doi:10.1016/j.econmod.2019.11.007

Cited by 62 publications

(40 citation statements)

References 36 publications

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“…Existing research confirms the importance of top management team (TMT) human capital for sustainable business growth (Patzelt et al, 2008;Nuscheler et al, 2018;Shen et al, 2020;Neffe et al, 2021). In this critical period of global economic slowdown and China's social and economic transformation, strengthening strategic leadership among TMTs and the role of TMT human capital is the key to achieve operational efficiency and sustainable business growth.…”

Section: Introductionmentioning

confidence: 94%

The Influence of Top Management Team Human Capital on Sustainable Business Growth

et al. 2021

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Traditionally, enterprises have subscribed to the belief that top management team (TMT) human capital is of great influence to a specific entity. While long being a question of interest in the field of management, the extant literature rarely discusses the impact of TMT human capital on sustainable business growth. By examining data obtained from 535 TMT members of private enterprises in Zhejiang Province PRC, and investigate the mediating effect of decision-making quality as well as the moderating effect of founder characteristics, we analyze the positive operating mechanisms of TMT human capital on sustainable business growth. Interestingly, the single most striking observation to emerge from the empirical investigation was: (1) TMT human capital has a significant positive impact on sustainable business growth; (2) decision-making quality fully mediates the relationship between TMT human capital and sustainable business growth; and (3) the more open-minded the founders, the stronger the mediating effect of decision-making quality in the relationship between TMT human capital and sustainable business growth. This research has expanded the perspective and scope of the research on TMT human capital, and its practical usage is discussed.

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Section: Introductionmentioning

confidence: 94%

The Influence of Top Management Team Human Capital on Sustainable Business Growth

et al. 2021

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“…In China, State-Owned enterprises are mainly regulated by national policies, in which the chairman and CEO play limited roles. In private enterprises, the chairman and CEO play a more important role as the core decision-making group (Shen et al 2020(Shen et al , 2021. Therefore, this paper takes the ownership nature of an enterprise as a regulating variable, and studies whether, under the regulatory effect of the ownership nature of an enterprise, it will promote the influence of the concurrent chairman and CEO on the business performance of the enterprise.…”

Section: The Moderating Effect Of Equity Naturementioning

confidence: 99%

Does the Leadership of the Board of Directors Affect Corporate Performance? Based on the Empirical Research of China’s SMEs

Huang

Huo

et al. 2021

Emerging Markets Finance and Trade

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This study takes the chairman as the starting point to study whether the chairman-CEO duality can affect the performance, with a sample of 3568 the board of directors of the listed company leadership characteristics and performance during 2008-2018 in NEEQ market. The results found that the chairman as CEO is conducive to improving the business performance. Through the sample study of enterprise size division, it is found that in small enterprises, the chairman as CEO has a more significant positive impact on business performance than in large enterprises.

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“…In this study, the specialized knowledge search was divided into three categories, namely, the scientific knowledge search, the market knowledge search, and the supply-chain knowledge search. Specifically, scientific knowledge search involves the use of knowledge from cooperative universities, research institutes, and governments, or the knowledge collected from academic conferences or forums attended by the search body (Du et al, 2014;McConnell and Cross, 2019;Shen et al, 2020). Moreover, market knowledge search refers to the acquisition of innovation-related knowledge and information from competitors, other industrial enterprises, management consulting agencies, or research institutes engaged in other sectors (Mention, 2011;D'Attnoma and Leva, 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

“…The development of an enterprise is the process of acquiring, storing, and producing more knowledge. Moreover, the capability of innovation and application of knowledge enables enterprises to maintain core competitive advantages in the long run (Shen et al, 2020). Universities and scientific research institutes serve as the institutions of knowledge production, which are able to provide enterprises with new scientific knowledge and applied technical knowledge (Yu et al, 2019).…”

Section: Research Hypothesesmentioning

confidence: 99%

The Impact of Specialized Knowledge Search on Enterprise Innovation

et al. 2021

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Against the backdrop of the fierce competition in the market nowadays, a closed innovation model based on internal knowledge is no longer sufficient to support enterprises in search of high-performance innovation. Instead, corporations are desperately required to search for resources of external knowledge to meet their innovation goals. Existing studies on open innovation in corporate management failed to fully elaborate on the mechanism of how the external knowledge search could impose an impact on sustaining innovation and disruptive innovation. In this study, the external knowledge search was divided into three categories according to the knowledge-based theory, namely, the scientific knowledge search, the market knowledge search, and the supply-chain knowledge search. While taking into account the moderating role of the focus of attention of the manager, we analyzed the statistical results of 485 questionnaires collected from manufacturing enterprises to elaborate on the mechanism of how the specialized knowledge search could impose an impact on sustaining innovation and disruptive innovation. Our research conclusions are expected to enrich existing studies on the factors contributing to corporate innovation, including but not limited to sustaining innovation and disruptive innovation. In addition, the research findings are expected to lay an empirical foundation by summarizing previous theoretical opinions while providing references for subsequent in-depth studies in the meantime. Moreover, the paper has put forward practical management measures and suggestions that could enable enterprises in developing countries to search and effectively transform the external knowledge into innovative outcomes. Last but not least, this study is expected to provide both theoretical and practical guidance for enterprises to further facilitate innovation by means of knowledge search.

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Does top management Team’s academic experience promote corporate innovation? Evidence from China

Cited by 62 publications

References 36 publications

The Influence of Top Management Team Human Capital on Sustainable Business Growth

The Influence of Top Management Team Human Capital on Sustainable Business Growth

Does the Leadership of the Board of Directors Affect Corporate Performance? Based on the Empirical Research of China’s SMEs

The Impact of Specialized Knowledge Search on Enterprise Innovation

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