Executives' Overseas Background and Enterprise Innovation

DOI: https://doi.org/10.62517/jbm.202409105

Author(s)

Yi Xin*

Affiliation(s)

School of Accounting, Anhui University of Finance and Economics, Bengbu, Anhui, China *Corresponding Author

Abstract

With the upsurge of overseas high-end talents returning home, whether it will have an influence on corporate innovation has become a question worth discussing. The a-share listed companies in Shanghai and Shenzhen from 2008 to 2020 are used as samples in this article, empirically executives overseas background and the connection between the function and the enterprise innovation path. The findings demonstrate a strong positive link, primarily seen in three areas, between leaders' foreign-born origin and company creativity: innovation investment, innovation output and the quantity of applications for patents. Corporate risk-taking and managerial confidence are its path of action and play a mediating role. Financial constraints moderate the relationship between them, and the greater the financial constraints are, the greater the impact of foreign experience on business innovation. The influence of overseas executives on corporate innovation is mainly reflected in incremental innovation, rather than disruptive innovation. Based on interdisciplinary orientation. This study adds to the knowledge in relevant domains by investigating the reason behind corporate innovation from the standpoint of executives' personal traits. It also establishes a theoretical framework for government initiatives pertaining to talent introduction and study abroad.

Keywords

Overseas Experience; Enterprise Innovation

References

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