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Senior management's academic experience and corporate green innovation

Author

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  • He, Kang
  • Chen, Wanyi
  • Zhang, Liguang

Abstract

Against a backdrop of increasingly severe environmental problems, green development has become a primary goal and crucial mode in the global economy's requirements for sustainable development. China's A-share listed company data from 2008 to 2017 were used to empirically test the impact of senior management's academic experience on corporate green innovation. It was found that senior management's academic expertise positively affected corporate green innovation. Such an effect was more apparent when senior management served in crucial positions or had higher education levels. In addition, when focusing on senior management's characteristics in essential positions, executives’ technical backgrounds, overseas backgrounds, and political connections could significantly enhance the positive impact of their academic experience on corporate green innovation. This study expands the application of the imprinting theory from the perspective of the academic experience of senior management and enriches the research on the factors affecting corporate green innovation. This study provides insight for listed companies with regard to making scientific and reasonable executive appointment decisions, and governments to formulate policies on talent introduction to promote the sustainable development of the global economy.

Suggested Citation

  • He, Kang & Chen, Wanyi & Zhang, Liguang, 2021. "Senior management's academic experience and corporate green innovation," Technological Forecasting and Social Change, Elsevier, vol. 166(C).
  • Handle: RePEc:eee:tefoso:v:166:y:2021:i:c:s0040162521000962
    DOI: 10.1016/j.techfore.2021.120664
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    5. Cui, Jingbo & Dai, Jing & Wang, Zhenxuan & Zhao, Xiande, 2022. "Does Environmental Regulation Induce Green Innovation? A Panel Study of Chinese Listed Firms," Technological Forecasting and Social Change, Elsevier, vol. 176(C).
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    7. John Enrique Sánchez Otero & Jaider Manuel Vega Jurado & Joaquín Alegre Vidal, 2023. "Factors that Influence the Development of Innovations with a Social Focus in the Firm: A Systematic Literature Review," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 24(3), pages 341-360, September.
    8. Wu, Jiamei & Chen, Zhibin & Guo, Chong, 2022. "How does anti-corruption affect green innovation? Evidence from China," Economic Analysis and Policy, Elsevier, vol. 73(C), pages 405-424.
    9. William Mbanyele, 2022. "Firms' innovation strategy under the shadow of corporate social responsibility disclosure: Evidence from China," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(2), pages 339-355, March.
    10. Xiang-Fei Ma & Ru Zhang & Yi-Fan Ruan, 2023. "How to Evaluate the Level of Green Development Based on Entropy Weight TOPSIS: Evidence from China," IJERPH, MDPI, vol. 20(3), pages 1-15, January.
    11. Zhang, Huiming & Wan, Dayu & Sun, Chuanwang & Wu, Kai & Lin, Caixia, 2023. "Does political inspection promote corporate green innovation?," Energy Economics, Elsevier, vol. 123(C).
    12. Hu, Yingde & Bai, Wensong & Farrukh, Muhammad & Koo, Chun Kwong, 2023. "How does environmental policy uncertainty influence corporate green investments?," Technological Forecasting and Social Change, Elsevier, vol. 189(C).
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    15. Hao, Jing & He, Feng, 2022. "Corporate social responsibility (CSR) performance and green innovation: Evidence from China," Finance Research Letters, Elsevier, vol. 48(C).
    16. Hong Tian & Ao Wang, 2023. "Sustainable Leadership, Knowledge Sharing, and Frugal Innovation: The Moderating Role of Organizational Innovation Climate," SAGE Open, , vol. 13(4), pages 21582440231, October.
    17. Xin Lin & Lina Yu & Jinhong Zhang & Suxu Lin & Qiming Zhong, 2022. "Board Gender Diversity and Corporate Green Innovation: Evidence from China," Sustainability, MDPI, vol. 14(22), pages 1-24, November.
    18. Yin, Hongying & Zhang, Jinkang & Zhong, Rui & Ji, Qiong, 2023. "Academic workstations and corporate green innovation," International Review of Economics & Finance, Elsevier, vol. 83(C), pages 571-590.
    19. Huang, Yi-Chun & Chen, Chih Ta, 2022. "Exploring institutional pressures, firm green slack, green product innovation and green new product success: Evidence from Taiwan's high-tech industries," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    20. Zhou, Shuya & Zhou, Peiyan & Ji, Hannah, 2022. "Can digital transformation alleviate corporate tax stickiness: The mediation effect of tax avoidance," Technological Forecasting and Social Change, Elsevier, vol. 184(C).
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    More about this item

    Keywords

    Academic experience; Green innovation; Decision-making; Sustainable development;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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