Board control and corporate innovation: an empirical study of small technology-based firms
Jonas Gabrielsson () and
Diamanto Politis ()
Additional contact information
Diamanto Politis: Institute of Economic Research, Lund University, Postal: Sweden
No 2006/7, Papers in Innovation Studies from Lund University, CIRCLE - Center for Innovation Research
This paper follows a behavioural perspective on boards and governance in exploring the influence of board control on corporate innovation in small technology-based firms. An analysis of 135 Swedish technology-based firms suggests that board involvement in decision control may influence corporate innovation. The empirical results show that board involvement in strategic decision control is positively associated with process innovation, while board involvement in financial decision control is positively associated with organizational innovation. No association is found between board involvement in decision control and product innovation. Overall, the findings suggest that board involvement in decision control may promote corporate innovation but that different kinds of decision control influence different forms of innovation.
Keywords: boards of directors; corporate innovation; decision control; technology-based firms; small firms (search for similar items in EconPapers)
JEL-codes: O30 (search for similar items in EconPapers)
Pages: 23 pages
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
http://wp.circle.lu.se/upload/CIRCLE/workingpapers ... rielsson_Politis.pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hhs:lucirc:2006_007
Access Statistics for this paper
More papers in Papers in Innovation Studies from Lund University, CIRCLE - Center for Innovation Research CIRCLE, Lund University, PO Box 117, SE-22100 Lund, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Torben Schubert ().