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【JFE】会开飞机的CEO与公司创新

[发布日期]:2017-03-01  [浏览次数]:

THE JOURNAL OF FINANCIAL ECONOMICS· VOL.123, ISSUE.1 · JANUARY 2017

会开飞机的CEO与公司创新

作者:Jayanthi Sunder (University of Arizona), Shyam V. Sunder (University of Arizona), Jingjing Zhang (McGill University)

摘要:我们发现首席执行官(CEO)对驾驶飞机的爱好能与更好的创新成功、更大的创新效益和更多元化、更原始的专利显著地联系起来。本文使用了专利和引用来衡量创新。我们排除了另外的一种解释,这使我们得出:CEO的飞行资格证能够捕捉他们寻求刺激的性格特征。寻求刺激其实是将承担风险和追求新奇经历结合在了一起,并常常被用来与创造力相联系。我们的证据表明寻求刺激作为一种宝贵的性格特征,可以被用来辨别哪些CEO更可能取得创新成果。

关键字:首席执行官,创新,性格特征,寻求刺激,内在动力

Pilot CEOs and corporate innovation

Jayanthi Sunder (University of Arizona), Shyam V. Sunder (University of Arizona), Jingjing Zhang (McGill University)

ABSTRACT

We find evidence that chief executive officers’ (CEOs’) hobby of flying airplanes is associated with significantly better innovation outcomes, measured by patents and citations, greater innovation effectiveness, and more diverse and original patents. We rule out alternative explanations, leading us to conclude that CEO pilot credentials capture the personality trait of sensation seeking. Sensation seeking combines risk taking with a desire to pursue novel experiences and has been associated with creativity. Our evidence highlights sensation seeking as a valuable personality trait that can be used to identify CEOs who are likely to drive innovation success.

Keywords: CEOs, Innovation, Personality traits, Sensation seeking, Intrinsic motivation

原文链接:

http://www.sciencedirect.com/science/article/pii/S0304405X16301970

翻译:吴雨玲



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