Incentive Mechanisms, Entrepreneurial Orientation, and Technology Commercialization: Evidence from China's Transitional Economy

@article{Li2007IncentiveME,
  title={Incentive Mechanisms, Entrepreneurial Orientation, and Technology Commercialization: Evidence from China's Transitional Economy},
  author={Yuan Li and Hai Guo and Y. Liu and Mingfang Li},
  journal={Institutions \& Transition Economics: Firm Governance eJournal},
  year={2007}
}
Building on the institutional theory, this paper develops a conceptual model of the relationships among CEO incentive mechanisms, firm entrepreneurial orientation, technological turbulence and technology commercialization. We subsequently test empirically this model using a sample of 607 Chinese firms. The empirical results show that, under China's transitional economy, the CEO ownership has a significant positive effect on entrepreneurial orientation, and CEO turnover frequency has an inverted… Expand
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