Right person for the right job: the impact of top management's occupational background on Chinese enterprises' R&D efficiency
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F22%3A50019540" target="_blank" >RIV/62690094:18450/22:50019540 - isvavai.cz</a>
Výsledek na webu
<a href="https://www.tandfonline.com/doi/full/10.1080/1331677X.2022.2123022" target="_blank" >https://www.tandfonline.com/doi/full/10.1080/1331677X.2022.2123022</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1080/1331677X.2022.2123022" target="_blank" >10.1080/1331677X.2022.2123022</a>
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Right person for the right job: the impact of top management's occupational background on Chinese enterprises' R&D efficiency
Popis výsledku v původním jazyce
The research on the influence of personal attributes of top management on a firm's innovative behavior has recently gained much traction in the corporate finance literature. However little is known about the role of professional background of top management in influencing corporate R&D efficiency. The present research employs data of China's A-share listed firms during the period of 2008-2016 to explore this association. Empirical outcomes reveal that top management with an R&D background significantly enhance Chinese firms' R&D efficiency. Moreover, equity incentives for the core R&D team, lesser pay disparity between senior management and employees, and the appointment of directors with R&D background play a mediating role between R&D-savvy top management and firm's innovation capacity. The study findings establish a link between top management's human capital and an enterprise's technological capability and show that adopting appropriate innovation strategies and R&D management practices is conducive to achieving the R&D efficiency in Chinese enterprises. Our results are robust to alternate econometric specifications and alternate variable specifications.
Název v anglickém jazyce
Right person for the right job: the impact of top management's occupational background on Chinese enterprises' R&D efficiency
Popis výsledku anglicky
The research on the influence of personal attributes of top management on a firm's innovative behavior has recently gained much traction in the corporate finance literature. However little is known about the role of professional background of top management in influencing corporate R&D efficiency. The present research employs data of China's A-share listed firms during the period of 2008-2016 to explore this association. Empirical outcomes reveal that top management with an R&D background significantly enhance Chinese firms' R&D efficiency. Moreover, equity incentives for the core R&D team, lesser pay disparity between senior management and employees, and the appointment of directors with R&D background play a mediating role between R&D-savvy top management and firm's innovation capacity. The study findings establish a link between top management's human capital and an enterprise's technological capability and show that adopting appropriate innovation strategies and R&D management practices is conducive to achieving the R&D efficiency in Chinese enterprises. Our results are robust to alternate econometric specifications and alternate variable specifications.
Klasifikace
Druh
J<sub>SC</sub> - Článek v periodiku v databázi SCOPUS
CEP obor
—
OECD FORD obor
50204 - Business and management
Návaznosti výsledku
Projekt
—
Návaznosti
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Ostatní
Rok uplatnění
2022
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
Economic research-Ekonomska istrazivanja
ISSN
1331-677X
e-ISSN
1848-9664
Svazek periodika
36
Číslo periodika v rámci svazku
2
Stát vydavatele periodika
GB - Spojené království Velké Británie a Severního Irska
Počet stran výsledku
22
Strana od-do
"Article number: 2123022"
Kód UT WoS článku
000863663000001
EID výsledku v databázi Scopus
2-s2.0-85139251962