CEO Tenure And Company Invention Under Differing Levels of Technological Dynamism

CEO Tenure And Company Invention Under Differing Levels of Technological Dynamism

Following from research on firms' upper echelons, this article examines the previously unstudied issue of how technological dynamism moderates the relationship between a CEO's time in office and company inventive activities. We evaluate this relationship in the biopharmaceutical industry,...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Academy of Management journal 2005-10, Vol.48 (5), p.859-873
Hauptverfasser: Wu, Sibin, Levitas, Edward, Priem, Richard L.
Format: Artikel
Sprache:eng
Schlagworte:
Business management
Chief executive officers
Correlation analysis
Empirical research
Executives
Innovation diffusion
Management science
Management theory
Organizational change
Personnel management
Pharmaceutical industry
R&D
Research & development
Research and development
Studies
Technology
Tenure
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Beschreibung
Zusammenfassung:Following from research on firms' upper echelons, this article examines the previously unstudied issue of how technological dynamism moderates the relationship between a CEO's time in office and company inventive activities. We evaluate this relationship in the biopharmaceutical industry, a technology- and invention-intensive context. As would be expected from notions of a CEO life cycle, our results indicate a curvilinear, inverted U-shaped overall relationship between CEO tenure and invention. But technological dynamism shifts this curve in such a way that short-tenured CEOs engender more invention under highly dynamic technological environments, while long-tenured CEOs spur greater invention under more stable technologies. [PUBLICATION ABSTRACT]
ISSN:0001-4273
1948-0989
DOI:10.5465/amj.2005.18803927