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Impact of CEO's Insiderness on Innovation Performance

CEO의 내부성이 혁신 성과에 미치는 영향

  • Received : 2022.01.17
  • Accepted : 2022.02.05
  • Published : 2022.02.28

Abstract

We examined the impact of CEO's insiderness on innovation performance. Our results using U.S. patent data revealed that insider CEO shows higher innovation performance than outsider CEO. Also, level of CEO's insiderness had positive impact on innovation performance. Further analysis has shown that relationship between level of CEO's insiderness and innovation performance is more evident in high-tech industry compared to non-high-tech industry. These findings are expected to provide implications for a company's choice of the next CEO.

본 논문에서는 CEO의 여러 속성 중 내부성이 혁신 성과에 미치는 영향을 조사하였다. 미국 특허 데이터를 분석한 결과 내부에서 승진한 CEO가 외부에서 영입된 CEO 대비 더 많은 혁신성과 수준을 보인다는 것을 입증하였다. 또한, 내부성이 길수록 혁신 성과 수준이 크다는 사실을 발견하였다. 추가적인 조사 결과에 따르면, 내부성과 혁신 성과 사이의 관계는 첨단기술산업에서 더 뚜렷한 것으로 드러났다. 이러한 연구결과는 기업의 차기 CEO 선택에 시사점을 제공할 수 있을 것으로 기대된다.

Keywords

References

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