How TMT diversity influences open innovation: an empirical study on biopharmaceutical firms in China

被引:9
|
作者
Lu, Chen [1 ]
Liu, Zhiying [1 ]
Xu, Yi [2 ]
Liao, Suqin [3 ]
Fu, Lihua [4 ]
机构
[1] Univ Sci & Technol China, Sch Management, Hefei 230026, Peoples R China
[2] Univ Sci & Technol China, Sch Management, Int Programmes, Hefei, Peoples R China
[3] Zhejiang Univ Technol, Sch Management, Hangzhou, Peoples R China
[4] Hefei Univ Technol, Sch Management, Dept Accounting, Hefei, Peoples R China
基金
中国国家自然科学基金;
关键词
TMT diversity; inbound; outbound; surface-level; deep-level; MANAGEMENT TEAM DIVERSITY; MODERATING ROLE; PERFORMANCE; INFORMATION;
D O I
10.1080/09537325.2021.1892056
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
Despite the significant impact of top management team (TMT) upon innovation, few relevant research efforts could be found in the existing open innovation literature. The role of TMT diversity in shaping the performance of open innovation is scarcely investigated. Analysis of panel data from 150 biopharmaceutical firms in China from 2013 to 2017 reveals that the performance of two forms of open innovation (i.e. inbound and outbound) is contingent on TMT diversity. In addition, a differential moderating effect occurs when TMT diversity emerges from distinct attributes of the members, namely, surface-level (e.g. gender and age) and deep-level (e.g. functional background). The results contribute to studies on upper echelons theory and open innovation strategy.
引用
收藏
页码:151 / 165
页数:15
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