Prior knowledge, corporate governance and innovation strategies

Abstract

Abstract: Based on the data of technology-based SMEs in 2012, the effect of entrepreneurs' education and career experiences on the firm' innovation strategy is analyzed, and the moderating effect of corporate governance on the relationship between entrepreneurs' prior knowledge and the innovation strategy of enterprises is also studied. The results shows that, the high education and S&E background play significantly positive roles in innovation decision-making and risk tolerance of enterprises. Besides, with the moderating effect of corporate governance, the relationship between prior career experiences and innovation strategy of enterprises becomes significant.

Key words: entrepreneurship, prior knowledge, innovation strategy of enterprises, corporate governance, technology-based SME

CLC Number:

F270-05

Feng Haihong, Qu Wan, Sun Qixin. Prior knowledge, corporate governance and innovation strategies[J]. Science Research Management, 2015, 36(10): 66-76.

References

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