Management Decision and Dual Innovation
China’s economic development is strongly constrained by existing resources, and the implementation of low-carbon economy and sustainable development requires enterprises to improve their Innovation and R&D capability. As an important participant in the decision-making and execution of the compan...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
EDP Sciences
2021-01-01
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| Series: | E3S Web of Conferences |
| Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/51/e3sconf_eilcd2021_03009.pdf |
| _version_ | 1818966562027077632 |
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| author | Liu Liangcan Li Ruowei Guo Wenming |
| author_facet | Liu Liangcan Li Ruowei Guo Wenming |
| author_sort | Liu Liangcan |
| collection | DOAJ |
| description | China’s economic development is strongly constrained by existing resources, and the implementation of low-carbon economy and sustainable development requires enterprises to improve their Innovation and R&D capability. As an important participant in the decision-making and execution of the company, the managerial discretion of top managers is related to the overall direction of the organization Taking Shanghai and Shenzhen A-share listed companies from 2009 to 2020 as the research objects, this paper empirically studies the choice of managerial discretion on enterprise innovation mode, and constructs the mediation model of corporate governance level. The results show that the promotion of executive decision-making power can increase the investment in exploratory innovation but weaken exploitative innovation, and the level of corporate governance plays a partial mediating role in the influence of managerial discretion on exploratory innovation. This paper elaborates the research on the influence of managerial discretion on enterprise innovation mode, which is helpful for enterprises to adjust the size of managerial discretion according to their actual needs, pay attention to the level of corporate governance, and make enterprises better control the choice of dual innovation. |
| first_indexed | 2024-12-20T13:34:52Z |
| format | Article |
| id | doaj.art-2e07083ad42e478681aad7691d5043e6 |
| institution | Directory Open Access Journal |
| issn | 2267-1242 |
| language | English |
| last_indexed | 2024-12-20T13:34:52Z |
| publishDate | 2021-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | E3S Web of Conferences |
| spelling | doaj.art-2e07083ad42e478681aad7691d5043e62022-12-21T19:38:59ZengEDP SciencesE3S Web of Conferences2267-12422021-01-012750300910.1051/e3sconf/202127503009e3sconf_eilcd2021_03009Management Decision and Dual InnovationLiu Liangcan0Li Ruowei1Guo Wenming2Guizhou University of Finance and EconomicsGuizhou University of Finance and EconomicsGuizhou University of Finance and EconomicsChina’s economic development is strongly constrained by existing resources, and the implementation of low-carbon economy and sustainable development requires enterprises to improve their Innovation and R&D capability. As an important participant in the decision-making and execution of the company, the managerial discretion of top managers is related to the overall direction of the organization Taking Shanghai and Shenzhen A-share listed companies from 2009 to 2020 as the research objects, this paper empirically studies the choice of managerial discretion on enterprise innovation mode, and constructs the mediation model of corporate governance level. The results show that the promotion of executive decision-making power can increase the investment in exploratory innovation but weaken exploitative innovation, and the level of corporate governance plays a partial mediating role in the influence of managerial discretion on exploratory innovation. This paper elaborates the research on the influence of managerial discretion on enterprise innovation mode, which is helpful for enterprises to adjust the size of managerial discretion according to their actual needs, pay attention to the level of corporate governance, and make enterprises better control the choice of dual innovation.https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/51/e3sconf_eilcd2021_03009.pdf |
| spellingShingle | Liu Liangcan Li Ruowei Guo Wenming Management Decision and Dual Innovation E3S Web of Conferences |
| title | Management Decision and Dual Innovation |
| title_full | Management Decision and Dual Innovation |
| title_fullStr | Management Decision and Dual Innovation |
| title_full_unstemmed | Management Decision and Dual Innovation |
| title_short | Management Decision and Dual Innovation |
| title_sort | management decision and dual innovation |
| url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/51/e3sconf_eilcd2021_03009.pdf |
| work_keys_str_mv | AT liuliangcan managementdecisionanddualinnovation AT liruowei managementdecisionanddualinnovation AT guowenming managementdecisionanddualinnovation |