Research on the Impact of Top Management Team Human Capital on Firms' R&D Internationalization

Based on Upper Echelons Theory and Imprinting Theory, this paper examines the role of top management team (TMT) human capital in firms' R&D interna-tionalization strategies. The research findings indicate that a higher average age of the TMT is detrimental to the advancement of firms' R&D internationaliza-tion. Conversely, the overseas experience of TMT members is positively corre-lated with firms' R&D internationalization, and so is the educational attainment of the TMT. This paper deepens the understanding of the relationship between board human capital and firms' R&D internationalization, providing valuable management insights for the construction of corporate TMTs.