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Technology-Independent Directors and Innovative Knowledge Assets: A Contingency Perspective

Yexin Liu, Weiwei Wu and Ruixiang Han
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Yexin Liu: School of Economics and Management, Harbin Institute of Technology at Weihai, Weihai 264209, China
Weiwei Wu: School of Management, Harbin Institute of Technology, Harbin 150001, China
Ruixiang Han: School of Economics and Management, Harbin Institute of Technology at Weihai, Weihai 264209, China

Sustainability, 2021, vol. 13, issue 16, 1-17

Abstract: In the current dynamic and competitive environment, the sustainable competitive advantage of firms has flowed to the development of innovative knowledge assets. Drawing on resource dependence theory, this paper develops a contingency research model to explore how technology-independent directors affect innovative knowledge assets. A sample of Chinese manufacturing firms listed on Shanghai and Shenzhen Stock Exchanges between 2010 and 2019 was used for the regression analysis. By employing the fixed effect model, the results show that technology-independent directors have a significant positive impact on innovative knowledge assets. Furthermore, the impact of technology-independent directors on innovative knowledge assets is strengthened in the firms that are state-owned, larger, and older. These results provide important insights related to innovation research.

Keywords: technology-independent directors; innovative knowledge assets; firm ownership; firm size; firm age (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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