Is CEO pay in high-technology firms related to innovation?

被引：404
|
作者：
Balkin, DB [1 ]
Markman, GD
Gomez-Mejia, LR
机构：
[1] Univ Colorado, Boulder, CO 80309 USA
[2] Rensselaer Polytech Inst, Troy, NY 12181 USA
[3] Arizona State Univ, Tempe, AZ 85287 USA
来源：
ACADEMY OF MANAGEMENT JOURNAL | 2000年 / 43卷 / 06期
关键词：
D O I：
10.5465/1556340
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study uses the resource-based view of the firm and agency theory to examine the relationship between innovation and CEO pay in 90 high-technology firms. With firm size, performance, and other factors controlled, CEO short-term compensation was related to innovation as measured by number of patents and R&D spending. The data also suggest a less consistent temporal relationship between innovation and long term CEO compensation in the high-technology firms. In a control sample of 74 low-technology firms, there was no relationship between innovation and either short- or long-term CEO pay.
引用
收藏
页码：1118 / 1129
页数：12
相关论文
共 50 条
  • [1] Exploring the effects of creative CEO leadership on innovation in high-technology firms
    Makri, Marianna
    Scandura, Terri A.
    [J]. LEADERSHIP QUARTERLY, 2010, 21 (01): : 75 - 88
  • [2] Learning for innovation in high-technology small firms
    Therin, Francois
    [J]. INTERNATIONAL JOURNAL OF TECHNOLOGY MANAGEMENT, 2010, 50 (01) : 64 - 79
  • [3] High-Technology Small Firms: Instilling Innovation and Creativity
    O'Regan, Nicholas
    Ghobadian, Abby
    [J]. NEW TECHNOLOGY-BASED FIRMS IN THE NEW MILLENNIUM, VOL IV, 2005, : 119 - 132
  • [4] PRODUCT INNOVATION BY SMALLER, HIGH-TECHNOLOGY FIRMS IN CANADA
    KNIGHT, RM
    [J]. JOURNAL OF PRODUCT INNOVATION MANAGEMENT, 1986, 3 (03) : 195 - 203
  • [5] INNOVATION, HIGH-TECHNOLOGY USE, AND FLEXIBILITY IN SMALL MANUFACTURING FIRMS
    YOUNG, RC
    FRANCIS, JD
    YOUNG, CH
    [J]. GROWTH AND CHANGE, 1993, 24 (01) : 67 - 86
  • [6] Role of Dynamic Capabilities in Innovation Output of High-Technology Firms
    Aniruddha, Krishna
    Mital, Amita
    [J]. STRATEGIC CHANGE-BRIEFINGS IN ENTREPRENEURIAL FINANCE, 2016, 25 (04): : 401 - 425
  • [7] Small high-technology firms and international high-technology markets
    Crick, D
    Jones, MV
    [J]. JOURNAL OF INTERNATIONAL MARKETING, 2000, 8 (02) : 63 - 85
  • [8] MARKETING IN HIGH-TECHNOLOGY FIRMS
    Pollard, David
    Simberova, Iveta
    [J]. 7TH INTERNATIONAL SCIENTIFIC CONFERENCE BUSINESS AND MANAGEMENT 2012, 2012, : 465 - 471
  • [9] STRATOCRACY IN HIGH-TECHNOLOGY FIRMS
    BAHRAMI, H
    EVANS, S
    [J]. CALIFORNIA MANAGEMENT REVIEW, 1987, 30 (01) : 51 - 66
  • [10] Internetization Management as a Facilitator for Managing Innovation in High-Technology Smaller Firms
    Abouzeedan, Adli
    Klofsten, Magnus
    Hedner, Thomas
    [J]. GLOBAL BUSINESS REVIEW, 2013, 14 (01) : 121 - 136
12345