高管团队职能背景与企业创新绩效——“精力”与“资源”的中介作用

TMT Functional Background and Firm Innovation Performance——the Mediating Role of Innovation Attention and R&D Investment

依据高阶梯队理论、注意力基础观和资源基础观,通过引入“精力”层面的创新注意力和“资源”层面的研发投入两种创新投入,构建“高管特征-投入决策-创新绩效”研究框架,实证检验高管团队职能背景对企业创新绩效的影响及其作用机制。对我国沪深A股上市的398家技术密集型企业2013-2016年数据进行分析,研究结果显示,高管团队职能背景异质性不利于提升企业创新绩效,3种职能背景中只有“产出型”高管对创新绩效有正向影响,创新注意力和R&D投入在高管团队职能背景对创新绩效的关系中起到双中介作用和交互作用。

Drawing on the upper echelons theory(UET),attention-based view(ABV)and resource-based view(RBV),this article focuses on the impact of TMT(Top Management Team)functional background on firm innovation performance based on the mediating effects of innovation attention and R&D investment.In this paper,it builds a theoretical model"TMT characteristics——investment decision-making——firm innovation performance"by introducing two kinds of innovation investment,which is innovation attention and R&D investment.Using the samples of Chinese technology-intensive enterprises from 2013 to 2016,it finds that TMT functional heterogeneity has a significant negative impact on firm innovation performance;a TMT has more members with"output functions"background,will generate better innovation performance;innovation attention and R&D investment play the dual mediating roles between TMT functional background and firm innovation performance;innovation attention and R&D investment have positive interaction on the firm innovation performance.