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.
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Univ Putra Malaysia, Sch Business & Econ, Serdang 43400, Selangor, Malaysia
Daffodil Int Univ, Dept Business & Adm, Dhaka 1207, BangladeshHunan City Univ, Sch Management, Yiyang 410215, Peoples R China
Ong, Tze San
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机构:
Chong, Lee Lee
Bin Abd Rahim, Mohd Fairuz
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Multimedia Univ, Fac Management, Cyberjaya 63100, Selangor, MalaysiaHunan City Univ, Sch Management, Yiyang 410215, Peoples R China
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Univ Melbourne, Fac Business & Econ, Management, Melbourne, Vic 3010, Australia
Univ Melbourne, Fac Business & Econ, Asian Business & Econ, Melbourne, Vic 3010, AustraliaUniv Melbourne, Fac Business & Econ, Management, Melbourne, Vic 3010, Australia
Lu, Jane Wenzhen
Liang, Xueji
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Sun Yat Sen Univ, Sch Business, Guangzhou, Guangdong, Peoples R ChinaUniv Melbourne, Fac Business & Econ, Management, Melbourne, Vic 3010, Australia
Liang, Xueji
Shan, Mengmeng
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Shanghai Univ, Sch Management, Shanghai 200041, Peoples R ChinaUniv Melbourne, Fac Business & Econ, Management, Melbourne, Vic 3010, Australia
Shan, Mengmeng
Liang, Xiaoya
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Fudan Univ, Sch Management, Shanghai, Peoples R ChinaUniv Melbourne, Fac Business & Econ, Management, Melbourne, Vic 3010, Australia