The Influence of Innovation Consciousness of Top Management Team on Innovation Performance
1. Office of Siam Global Innovation Academy, Siam University, Bangkok 10160, Thailand
2. Department of Innovation and Entrepreneurship, Baise University, Baise 533000, China
| Abstract: | Based on the high-level echelon theory, principal-agent theory, and technological innovation theory, this paper starts from the perspective of corporate culture and refined management, takes "the innovation consciousness of the TMT (Top Management Team) affects innovation performance" as the research idea, and stimulates the innovation consciousness of the TMT through the incentive mechanism. It leads to improving innovation performance and optimizing the incentive mechanism, so that it can play a more effective role in innovation performance, putting forward conceptual models and research hypotheses. This paper is quantitative research. First, according to literature research, it is found that the innovation awareness of the TMT is composed of the degree of emphasis and support, and then explores the relationship among the four dimensions of innovation awareness of the TMT, employee innovation behavior, incentive mechanism and corporate performance. Mature scales and questionnaires were compiled; the research objects were senior managers of high-tech enterprises, which were distributed through institutions and individuals; finally, the collected 135 sample data were analyzed with SPSS software and hypothesis testing. The empirical results of this study show that: (1) The innovation consciousness of the TMT has a positive impact on innovation performance; (2) The innovation behavior of employees has a positive impact on innovation performance; (4) Employee innovation behavior plays a mediating role between the relationship between top management team innovation consciousness and innovation performance; (5) Incentive mechanism plays a moderating role between top management team innovation consciousness and employee innovation behavior. |
| Keywords: | High-tech Enterprise; TMT Innovation Consciousness; Incentive Mechanism; Innovation Performance; Employee Innovation Behavior |
| DOI: | 10.57237/j.wjmst.2023.01.001 |
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Received: 5 December 2022
Accepted: 4 January 2023
Published Online: 12 January 2023
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