On Executives'R&D Background,Shortsightedness and the Sustainability of Corporate Innovation——Empirical Evidence from Listed Companies in China's Manufacturing Industry
Sustaining innovation stands as a crucial element for enterprises seeking a competitive edge and enduring stability.Executives,being the decision-makers and implementers of innovation within enterprises,play a pivotal role.This article utilizes data from listed manufacturing companies spanning 2010 to 2020 as the research sample.Examining executive background characteristics,the study delves into the impact of executives'R&D background on the sustainabil-ity of innovation while also investigating the mediating role of shortsightedness.The research reveals that an executive's R&D background significantly and positively influences innovation sustainability.Furthermore,shortsightedness partially mediates the impact of an executive's R&D background on innovation sustainability,indicating that an R&D-oriented background promotes sustainability by mitigating shortsightedness.In conclusion,the article recommends that companies intensify efforts to bring in and nurture executives with research and development backgrounds,emphasizing the signific-ance of ongoing sustainable innovation activities.
executives'R&D backgroundinnovation sustainabilityshortsightednessmanufacturing industry
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万方数据
