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Innovation: CEO is the person of interest

Author

Listed:
  • Ouidad Yousfi

    (MRM - Montpellier Research in Management - UPVM - Université Paul-Valéry - Montpellier 3 - UM2 - Université Montpellier 2 - Sciences et Techniques - UPVD - Université de Perpignan Via Domitia - UM1 - Université Montpellier 1 - Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School - UM - Université de Montpellier, ISG - Institut Supérieur de Gestion de Tunis [Tunis] - Université de Tunis)

  • Nadia Loukil

    (Université de Carthage - University of Carthage)

  • Sana Ben Cheikh

    (ISG - Institut Supérieur de Gestion de Tunis [Tunis] - Université de Tunis)

Abstract

The purpose of this paper is to study managerial involvement in decisions on innovation in the French context. The managerial aspect is explained by the prestige of the position of CEO. Few studies have addressed the determinants of research and development spending and the dimensions of innovation as organizational attributes. Most researchers have not considered the prestigious aspects of managers who are involved in the allocation of the firm's research and development resources. The interest in this area is to strengthen the prestige power of the CEO in the management of innovative firms. Our empirical methodology is based on a sample of 153 French firms listed on the SBF 120 for the period from 2001 to 2013. We expect that the managerial characteristics will have a positive and significant effect on innovation evaluated by R&D spending. We reveal that the impact of managerial power is more noticeable on family firms, and that training encourages it to be more involved in product than process innovation.

Suggested Citation

  • Ouidad Yousfi & Nadia Loukil & Sana Ben Cheikh, 2018. "Innovation: CEO is the person of interest," Post-Print hal-02134861, HAL.
  • Handle: RePEc:hal:journl:hal-02134861
    Note: View the original document on HAL open archive server: https://hal.umontpellier.fr/hal-02134861
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