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Effects of Top Management Team Characteristics on Patent Strategic Change and Firm Performance

Patent strategy is increasingly recognized as a vital contributor in promoting core competitiveness of an enterprise. A top management team (TMT) has been indicated as one of the key factors driving changes in patent strategy. Based on upper echelons theory, this study examines how TMT characteristi...

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Autores principales: Zhou, Yongtao, Zhou, Yi, Zhang, Li, Zhao, Xu, Chen, Weijing
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Frontiers Media S.A. 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8787136/
https://www.ncbi.nlm.nih.gov/pubmed/35087449
http://dx.doi.org/10.3389/fpsyg.2021.762499
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author Zhou, Yongtao
Zhou, Yi
Zhang, Li
Zhao, Xu
Chen, Weijing
author_facet Zhou, Yongtao
Zhou, Yi
Zhang, Li
Zhao, Xu
Chen, Weijing
author_sort Zhou, Yongtao
collection PubMed
description Patent strategy is increasingly recognized as a vital contributor in promoting core competitiveness of an enterprise. A top management team (TMT) has been indicated as one of the key factors driving changes in patent strategy. Based on upper echelons theory, this study examines how TMT characteristics, including, team diversity, emotional intelligence, and safety climate, influence enterprise patent strategic change and, hence, the business outcome. The data from 930 top managers in 228 enterprises showed that the changes in patent strategies are significantly influenced by the characteristics of top managers. These aforementioned internal TMT factors have diverse effects on the speed and scope of the enterprise patent strategic change, which in turn affects firm performance in a positive and negative way, respectively.
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spelling pubmed-87871362022-01-26 Effects of Top Management Team Characteristics on Patent Strategic Change and Firm Performance Zhou, Yongtao Zhou, Yi Zhang, Li Zhao, Xu Chen, Weijing Front Psychol Psychology Patent strategy is increasingly recognized as a vital contributor in promoting core competitiveness of an enterprise. A top management team (TMT) has been indicated as one of the key factors driving changes in patent strategy. Based on upper echelons theory, this study examines how TMT characteristics, including, team diversity, emotional intelligence, and safety climate, influence enterprise patent strategic change and, hence, the business outcome. The data from 930 top managers in 228 enterprises showed that the changes in patent strategies are significantly influenced by the characteristics of top managers. These aforementioned internal TMT factors have diverse effects on the speed and scope of the enterprise patent strategic change, which in turn affects firm performance in a positive and negative way, respectively. Frontiers Media S.A. 2022-01-11 /pmc/articles/PMC8787136/ /pubmed/35087449 http://dx.doi.org/10.3389/fpsyg.2021.762499 Text en Copyright © 2022 Zhou, Zhou, Zhang, Zhao and Chen. https://creativecommons.org/licenses/by/4.0/This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
spellingShingle Psychology
Zhou, Yongtao
Zhou, Yi
Zhang, Li
Zhao, Xu
Chen, Weijing
Effects of Top Management Team Characteristics on Patent Strategic Change and Firm Performance
title Effects of Top Management Team Characteristics on Patent Strategic Change and Firm Performance
title_full Effects of Top Management Team Characteristics on Patent Strategic Change and Firm Performance
title_fullStr Effects of Top Management Team Characteristics on Patent Strategic Change and Firm Performance
title_full_unstemmed Effects of Top Management Team Characteristics on Patent Strategic Change and Firm Performance
title_short Effects of Top Management Team Characteristics on Patent Strategic Change and Firm Performance
title_sort effects of top management team characteristics on patent strategic change and firm performance
topic Psychology
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8787136/
https://www.ncbi.nlm.nih.gov/pubmed/35087449
http://dx.doi.org/10.3389/fpsyg.2021.762499
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