Innovation: CEO is the person of interest

Ouidad Yousfi (), Nadia Loukil and Sana Ben Cheikh
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Nadia Loukil: UCAR - Université de Carthage (Tunisie)
Sana Ben Cheikh: ISG - Institut Supérieur de Gestion de Tunis [Tunis] - Université de Tunis

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Abstract: The purpose of this paper is to study managerial involvement in decisions on innovation in the French context. The managerial aspect is explained by the prestige of the position of CEO. Few studies have addressed the determinants of research and development spending and the dimensions of innovation as organizational attributes. Most researchers have not considered the prestigious aspects of managers who are involved in the allocation of the firm's research and development resources. The interest in this area is to strengthen the prestige power of the CEO in the management of innovative firms. Our empirical methodology is based on a sample of 153 French firms listed on the SBF 120 for the period from 2001 to 2013. We expect that the managerial characteristics will have a positive and significant effect on innovation evaluated by R&D spending. We reveal that the impact of managerial power is more noticeable on family firms, and that training encourages it to be more involved in product than process innovation.

Date: 2018-06-04
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Published in Le congrès RRI : les nouveaux modes d'organisation des processus d'Innovation, université de Montpellier, Jun 2018, Nimes, France

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02134861

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