Private entrepreneurs’ technical background and innovation output: The perspective of innovation quantity and quality

This study investigates the impact of entrepreneurs' technical backgrounds on innovation output from the perspective of innovation quantity and quality, using data from A-share listed private companies in China between 2009 and 2018. Our analysis reveals that CEOs with technical expertise significantly enhance both the quantity and quality of firm innovation. We identify three key mechanisms through which technical backgrounds promote innovation: increased management attention to innovation, reduced information asymmetry, and enhanced long-term investment. These findings contribute to the literature on Upper Echelons Theory and corporate innovation, offering practical insights for private enterprises aiming to achieve talent-driven technological innovation and foster high-quality development.

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Publication Details

Journal
Heliyon
Published
2024-09-27
DOI
https://doi.org/10.1016/j.heliyon.2024.e38492
Citations
3
Primary Topic
Innovation Policy and R&D
Type
article
Field-Weighted Citation Impact
3.39

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article

Private entrepreneurs’ technical background and innovation output: The perspective of innovation quantity and quality

Zengji Song, Shouxun Wen, Yi Yang
3 citations
Heliyon
Innovation Policy and R&D
3.39
article

Private entrepreneurs’ technical background and innovation output: The perspective of innovation quantity and quality

Zengji Song, Shouxun Wen, Yi Yang
article en
3 citations

Abstract

This study investigates the impact of entrepreneurs' technical backgrounds on innovation output from the perspective of innovation quantity and quality, using data from A-share listed private companies in China between 2009 and 2018. Our analysis reveals that CEOs with technical expertise significantly enhance both the quantity and quality of firm innovation. We identify three key mechanisms through which technical backgrounds promote innovation: increased management attention to innovation, reduced information asymmetry, and enhanced long-term investment. These findings contribute to the literature on Upper Echelons Theory and corporate innovation, offering practical insights for private enterprises aiming to achieve talent-driven technological innovation and foster high-quality development.

HeliyonVol. 10(19)
Chongqing University (CN)
National Office for Philosophy and Social Sciences, Fundamental Research Funds for the Central Universities
Decent work and economic growth
Openalex Percentile: Top 6%
Innovation Policy and R&D
3.39
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