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How does TMT attention to innovation of Chinese firms influence firm innovation activities? A study on the moderating role of corporate governance

机译:TMT对中国企业创新的关注如何影响企业创新活动?公司治理的调节作用研究

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摘要

Drawing on upper echelon theory, this study examines how TMT attention to innovation (TMTAI) influences a firm's innovation activities in China. We predict that the impact of executive attention to innovation on firm innovation activities is moderated by the characteristics of corporate governance. We develop and test hypotheses derived from the prediction using 1747 firm-year observations collected from 394 Chinese manufacturing companies over 6 years between 2006 and 2011. The results show that TMTAI is positively associated with a firm's patent application, and that the positive relationship is stronger when a firm is a private enterprise, has a large board, or has few independent directors. (C) 2014 Published by Elsevier Inc.
机译:本研究借鉴上层梯队理论,研究了TMT对创新的关注(TMTAI)如何影响公司在中国的创新活动。我们预测,公司治理的特征会减轻高管对创新的关注对公司创新活动的影响。我们使用从2006年至2011年的6年中从394家中国制造公司收集的1747个公司年度观察结果,开发并检验了由预测得出的假设。结果表明,TMTAI与公司的专利申请正相关,并且正相关关系更强如果公司是私营企业,董事会人数众多或独立董事很少。 (C)2014由Elsevier Inc.发行

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