摘要
运用世界银行的中国企业调查数据,实证考察了制度环境通过管理自主权作用于企业创新战略的路径。研究结果显示:城市与省份两个层次的正式与非正式制度环境——如政府干预与保护程度、司法公正程度、金融发展水平、劳动力灵活性、民营化程度、外商投资水平和社会信任等,均对管理自主权产生影响;CEO管理自主权与企业研发投入正相关,与研发投入波动负相关;管理自主权中介了制度环境与企业研发投入的关系。
Using the large-sample survey dataset from World Bank,this paper empirically investigates the effect mechanism of macro institutions on firm’s innovation strategy through managerial discretion. The result shows as follows: formal and informal institutions at either city or provincial level,such as government intervention or protection, legal justice, financial development,labor flexibility, privatization, foreign investment and social trust, are related to CEO managerial discretion;managerial discretion has the positive relation with R&D investment,but has the negative correlation with R&D investment volatility; managerial discretion mediates the relationship between institutions and firm’s R&D investment and volatility.
出处
《创新与创业管理》
CSSCI
2017年第2期82-97,共16页
Management of Innovation and Entrepreneurship
基金
国家自然科学基金重点项目“转型升级背景下组织创新的多层因素及动态机制研究”(71632002)
武汉市软科学研究计划重点项目“构建‘大众创业、万众创新’的创新创业生态体系研究”(2016040306010191)
教育部人文社会科学基金青年项目“宏观制度环境、CEO管理自主权与微观企业战略”(13YJC630226)
中央高校基本科研业务费专项资金武汉大学自主科研项目(人文社会科学)
关键词
制度环境
高管自主权
企业创新战略
研发投入
institution environment
managerial discretion
firm’s innovative strategy
R&D investment
