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Title Going Abroad and Going Green: The Effects of Top Management Teams' Overseas Experience on Green Innovation in the Digital Era
ID_Doc 62219
Authors Meng, S; Wang, PX; Yu, JJ
Title Going Abroad and Going Green: The Effects of Top Management Teams' Overseas Experience on Green Innovation in the Digital Era
Year 2022
Published International Journal Of Environmental Research And Public Health, 19, 22
Abstract Green innovation has become one of the most important approaches to achieving sustainable development in modern business. Top management team (TMT)'s overseas experience, as one type of unique resources, constitutes the cognitive basis of the team and thus influences firms' strategic decision-making. Based on the upper echelon theory, this study aims to investigate the effect of TMT's overseas experiences on green innovation performances. By utilizing a panel dataset of Chinese listed firms, this study shows that TMTs' overseas experience indeed promotes firms' green innovation performance and that both firms' digital transformation and regions' digital economy development positively moderate the relationship between TMTs' overseas experience and green innovation. These findings not only help managers better organize the TMT and green innovation strategy but also draw policymakers' attention to the importance of the digital economy and sustainable development.
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