Board recruitment as a strategic answer: Do companies' strategies for innovation influence the selection of new board members?

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TitreBoard recruitment as a strategic answer: Do companies' strategies for innovation influence the selection of new board members?
Type de publicationJournal Article
Year of Publication2020
AuteursZenou E, Allemand I, Brullebaut B, Galia F
JournalSTRATEGIC CHANGE-BRIEFINGS IN ENTREPRENEURIAL FINANCE
Volume29
Pagination127-139
Date PublishedJAN
Type of ArticleArticle
ISSN1086-1718
Résumé

Different strategies for innovation lead to specific profiles of new board members in terms of human and social capital, which shows that board selection is a strategic answer for innovation. Studying 735 French companies, we show the influence of four types of innovation strategies on the human capital (education and experience) and social capital (relationships) of new board members. Results show that specific strategies for innovation require specific profiles on board, which emphasizes the importance of board capital requirements for supporting innovation strategies.

DOI10.1002/jsc.2316