Going Abroad and Going Green: The Effects of Top Management Teams’ Overseas Experience on Green Innovation in the Digital Era

Shuang Meng, Pengxiang Wang and Jiajie Yu ()
Additional contact information
Shuang Meng: School of International Trade and Economics, Central University of Finance and Economics, Beijing 100081, China
Pengxiang Wang: School of International Trade and Economics, Central University of Finance and Economics, Beijing 100081, China
Jiajie Yu: Business School, Beijing Normal University, Beijing 100875, China

IJERPH, 2022, vol. 19, issue 22, 1-20

Abstract: Green innovation has become one of the most important approaches to achieving sustainable development in modern business. Top management team (TMT)’s overseas experience, as one type of unique resources, constitutes the cognitive basis of the team and thus influences firms’ strategic decision-making. Based on the upper echelon theory, this study aims to investigate the effect of TMT’s overseas experiences on green innovation performances. By utilizing a panel dataset of Chinese listed firms, this study shows that TMTs’ overseas experience indeed promotes firms’ green innovation performance and that both firms’ digital transformation and regions’ digital economy development positively moderate the relationship between TMTs’ overseas experience and green innovation. These findings not only help managers better organize the TMT and green innovation strategy but also draw policymakers’ attention to the importance of the digital economy and sustainable development.

Keywords: green innovation; top management team; overseas experience; digital economy (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://www.mdpi.com/1660-4601/19/22/14705/pdf (application/pdf)
https://www.mdpi.com/1660-4601/19/22/14705/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jijerp:v:19:y:2022:i:22:p:14705-:d:967434

Access Statistics for this article

IJERPH is currently edited by Ms. Jenna Liu

More articles in IJERPH from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().