The Influence of CEO Values on Firm Open Innovation

By • on August 5, 2020

The Academy of Management website posted a study which noted that prior research has focused on exploring the factors promoting openness in innovation from firm characteristics, industrial economy and environmental determinism perspectives, while the “microfoundations” of open innovation remain relatively ill understood. This study attempts to fill the research gap by investigating the “human side” of open innovation, with a focus on the fundamental determinants of CEO values. Using a three-phase (from 2014 to 2016) survey of 655 Chinese manufacturing firms, we find that firms with CEOs who have higher other-regarding values are more likely to adopt open innovation. This main relationship is enhanced in state-owned enterprises, while weakened by a higher level of recent innovation performance or regional intellectual property protection.

Click here to read the full abstract.

Image via Flickr.

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