Human Capital Inflow, Firm Innovation and Patent Mix

2022 ◽  
pp. 101439
Author(s):  
Gaoju Yang ◽  
Fang Wang ◽  
Xianhai Huang ◽  
Hangyu Chen
Keyword(s):  
Human Capital ◽  
Capital Inflow ◽  
Firm Innovation

Human capital and innovation: mixing apples and oranges on the board of high-tech firms

2019 ◽  
Vol 58 (5) ◽  
pp. 897-926 ◽  
Author(s):  
Fabrizia Sarto ◽  
Sara Saggese ◽  
Riccardo Viganò ◽  
Marianna Mauro
Keyword(s):  
Human Capital ◽  
Ordinary Least Squares ◽  
Primary Sources ◽  
Limited Attention ◽  
High Tech ◽  
Firm Innovation ◽  
High Tech Industry ◽  
Content Type ◽  
The Relationship ◽  
Practical Implications

Purpose The purpose of this paper is to provide insights into the implications of board human capital heterogeneity for company innovation by focusing on the educational and the functional background of directors. Moreover, it examines the moderating effect of the CEO expertise-overlap within the innovation domain on the relationship between board human capital heterogeneity and firm innovation. Design/methodology/approach The hypotheses are tested through a set of ordinary least squares regressions on a unique dataset of 149 Italian high-tech companies observed between 2012 and 2015. Findings Findings show that the educational and the functional background heterogeneity of directors increase both the innovation input and output. However, results highlight that these relationships are negatively moderated by the CEO expertise-overlap within the innovation domain. Practical implications The paper emphasizes the importance of appointing directors with different and specific educational and functional backgrounds to foster the company innovation. Originality/value The paper fills a gap in the literature as it has devoted limited attention to the performance implications of board human capital heterogeneity in the high-tech industry where knowledge and skills are the primary sources of value. Moreover, the paper integrates the research on the CEO-board interface by shedding light on how the CEO expertise within the innovation domain affects the contribution of heterogeneous boards to company innovation.

Employment Relationships and Firm Innovation: The Double Role of Human Capital

2011 ◽  
Vol 23 (2) ◽  
pp. 223-240 ◽  
Author(s):  
Mar Bornay-Barrachina ◽  
Dolores De la Rosa-Navarro ◽  
Alvaro López-Cabrales ◽  
Ramón Valle-Cabrera
Keyword(s):  
Human Capital ◽  
Firm Innovation ◽  
Employment Relationships

"Managing Stock and Flow of Human Capital: Inflow, Outflow, and Stock Stability"

2014 ◽  
Vol 2014 (1) ◽  
pp. 14251
Author(s):  
Tae-Youn Park ◽  
Jisung Park
Keyword(s):  
Human Capital ◽  
Capital Inflow

Effects of human capital on the relationship between export and firm innovation

2017 ◽  
Vol 11 (2) ◽  
pp. 322-345 ◽  
Author(s):  
Guangqiang Liu ◽  
Lirang Pang ◽  
Dongmin Kong
Keyword(s):  
Human Capital ◽  
Management Practices ◽  
Least Squares Method ◽  
Mediating Effect ◽  
Policy Implications ◽  
Firm Innovation ◽  
Data Set ◽  
Content Type ◽  
Highly Educated ◽  
The Relationship

Purpose This study aims to examine the effects of human capital, such as top managers and employees, on the relationship between export and firm innovation. Although the issue of how firms remain creative and competitive in international markets is important both in practice and in research, little attention has been devoted to the internal mechanism through which export affects innovation. Design/methodology/approach Using a hand-collected data set of human capital on the overseas experiences of managers and educational levels of employees as the basis, this study utilizes Chinese A-share listed firms from 2006 to 2015 to test the research questions through regression analyses. Findings First, export significantly enhances firm innovation. Second, different types of human capital exhibit different moderating and mediating effects. Specifically, returnee managers play positive moderating and mediating roles on the relationship between export and innovation, whereas highly educated employees exhibit negative moderating effects and no mediating effect. Third, to address potential endogeneity, the authors construct novel instrumental variables of export and human capital and use the two-stage least-squares method to identify causality. Originality/value This study provides direct policy implications by showing the roles of export and human capital in innovation, thereby guiding the management practices of firms and talent policies of governments.

Pay incentives, human capital and firm innovation in smaller firms

2021 ◽  
pp. 026624262110432
Author(s):  
Meysam Salimi ◽  
Edoardo Della Torre
Keyword(s):  
Human Capital ◽  
Human Resource Management ◽  
Human Resource ◽  
Profit Sharing ◽  
Firm Innovation ◽  
Piece Rate ◽  
Product And Process Innovation ◽  
Low Levels ◽  
Product And Process ◽  
Pay Incentives

This study advances the literature on human resource management in small and medium sized enterprises (SMEs) by analysing how individual and collective forms of performance-related pay (PRP) influence SMEs’ propensity for product and process innovation and how such influence varies depending on the firm’s level of human capital. We used the microdata of more than 12,000 European SMEs, controlled for endogeneity, and found that both individual (i.e. piece rate and commissions) and collective (i.e. group-bonus and profit-sharing) PRP are positively associated with higher levels of firm innovation. Interestingly, when both individual and collective PRP schemes are adopted, their association with firm innovation is significant but negative, indicating that the adoption of multiple pay incentives may be detrimental to SMEs’ innovation. Moreover, our results revealed that the effect of individual PRP on innovation is stronger in SMEs with high levels of human capital, whereas the effect of collective PRP is stronger in SMEs with low levels of human capital.

scholarly journals How do human capital and R&D structure facilitate FDI knowledge spillovers to local firm innovation? a panel threshold approach

2021 ◽  
Author(s):  
Rui Guo ◽  
Lutao Ning ◽  
Kaihua Chen
Keyword(s):  
Human Capital ◽  
Absorptive Capacity ◽  
Knowledge Spillovers ◽  
Science Park ◽  
Firm Innovation ◽  
Local Organizations ◽  
Fdi Spillovers ◽  
Threshold Approach ◽  
Unique Dataset ◽  
Local Firms

AbstractThis paper examines how local firms’ structure of human capital and R&D strategies influence their absorption of FDI knowledge spillovers. Using a unique dataset of Chinese firms in Beijing Zhongguancun Science Park from 2009 to 2015, our panel endogenous threshold models confirm two thresholds for human capital diversity and one threshold for R&D diversity in facilitating FDI spillovers. When human capital diversity is below its second threshold, FDI presence positively influences local firms’ innovation performance; while above the second threshold, the FDI turns to an insignificant impact. Besides, when R&D diversity is below its single threshold, FDI spillovers are positively associated with local firms’ innovation; otherwise, the effect of FDI is insignificantly negative. Our findings highlight the importance of human capital and R&D structures in local firms’ absorptive capacity. Local organizations need to keep diversifying their human capital and R&D strategies to learn from FDI knowledge but avoid allocating their efforts evenly upon sub-categories within the two resources.

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