Experience as a double-edged sword: CEO experience and power on breakthrough innovation
Dechao Ma,
Weiwei Wu
Abstract:PurposeIn recent years, the trend of hiring external CEOs has become increasingly prevalent. However, the impact of these CEOs' prior experiences in different firms on the innovation of their successor firms has not received sufficient attention. Drawing on upper echelons theory and management power theory, this study explores the non-linear relationship between prior CEO experience and breakthrough innovation, as well as the moderating effects of different types of CEO power.Design/methodology/approachWe sele… Show more
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