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Returnee CEO and innovation in Chinese high-tech SMEs

机译:海归首席执行官和中国高科技中小企业的创新

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摘要

Using survey data for a sample of high-tech small and medium-sized enterprises (SMEs) in the Zhongguancun Science Park in Beijing, we examine the impact of returnee CEOs on the innovation performance of SMEs. Based on both quantitative and qualitative analyses, we find that firms with returnee CEOs are not more innovative than firms without returnee CEOs. However, returnee CEOs do have a positive impact on firms' innovation performance when they work in publicly owned firms, when they have ties with government agencies, and when their tenure as CEOs is relatively long. The findings have important implications for governments in developing countries that aim to increase their countries' innovation capability through attracting returnees and also for returnee managers who want to contribute to the innovation performance of their firms.
机译:我们使用北京中关村科技园区中小型高科技企业(SME)的抽样调查数据,考察了海归CEO对中小企业创新绩效的影响。基于定量和定性分析,我们发现拥有海归首席执行官的企业比没有海归首席执行官的企业更具创新性。但是,当返回首席执行官在公营公司工作,与政府机构有联系以及担任首席执行官的时间相对较长时,它们确实会对公司的创新绩效产生积极影响。该发现对旨在通过吸引海归来提高本国创新能力的发展中国家政府以及希望为企业创新绩效做出贡献的海归管理者具有重要意义。

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