The relationship between TMT characteristics and technological innovation

Abstract

Abstract: Based on the Top Management Team(TMT) limited rationality theory, an analysis model on the relationship between top management team characteristics and corporate technological innovation is constructed. Then using a sample of 350 SMEs which have disclosed innovation expenditure in annual reports of 2007 and 2008, the relationship between top management team characteristics and corporate technological innovation is empirically tested. It is found that top management team characteristics is a core variable in technological innovation analysis; but SMEs' research differs from the former research, for example, SMEs technological innovation closely relates to top management team size,education status, tenure, and share holding status,while the relation with heterogeneity, but technical background is insignificant; the relationship between top management team characteristics and corporate technological innovation changes in different ownership enterprises and different industry enterprises.

Key words: TMT characteristics, limited rationality, corporate technological innovation, SME

CLC Number:

F270.7

Wang Deying, Liu Jianhe. The relationship between TMT characteristics and technological innovation[J]. Science Research Management, 2011, 32(7): 45-52,75.

References

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