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Events

ECSN Research Seminar - "Business scholars on boards and firm innovation"

A UEBS ECSN Talk.

Dr Na Zou, University of Bath


Event details

Abstract

Title:

"Business scholars on boards and firm innovation"

 

Abstract:

We focus on the relationship between business scholar directors, an underexamined type of independent director, and firm innovation. We propose these directors offer complementary resources such as management knowledge and academic norms such as a long-term view that help firms innovate. Using data from publicly listed Chinese firms from 2008-2018, we show that firms with business scholars serving as independent directors are more innovative, both in quantity and commercialization potential. This result holds with an instrument variable approach and a dynamic difference-in-differences estimation exploring forced resignations. Business scholars with support from inside technology directors and higher credibility through social validation have a stronger impact on firm innovation. We contribute to the literature on boards and innovation.

Location:

Building:One Pearson Teaching Room