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| TMT Functional Background and Firm Innovation Performance |
| Zhang Zhengang1,2,Hu Antao1,Huang Jieming1 |
| (1.School of Business Administration,South China University of Technology;2.Guangzhou Research Center for Innovation System of Large-Scale Enterprise,Guangzhou 510640,China) |
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Abstract 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.
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Received: 29 July 2019
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