Matches in SemOpenAlex for { <https://semopenalex.org/work/W3081944667> ?p ?o ?g. }
- W3081944667 endingPage "118673" @default.
- W3081944667 startingPage "118673" @default.
- W3081944667 abstract "This study investigates the effects of non-executive employee stock ownership plans (ESOPs) on energy firms’ innovation. Based on 248 Chinese energy companies covered by the State Intellectual Property Office (SIPO) database from 2006 to 2018, we document that non-executive ESOPs have a significantly positive impact on the number of patents applied by energy companies. To alleviate the endogeneity concerns, we adopt the two-way fixed effects model, the system generalized method of moments (SYS-GMM), and the instrumental variable approach to identify the causal relationship. Furthermore, our analysis reveals that non-executive ESOPs foster patent applications through risk-taking incentives implied by options, rather than the performance-based incentives. In addition, the positive effect is particularly pronounced in non-state-owned enterprises, companies with higher R&D intensity, and companies with less free-riding. Our results highlight the importance of rank-and-file employee incentives for the technological innovation of Chinese energy companies, and provide clear policy implications to manages and regulators to design appropriate incentive schemes for employees to promote corporate innovation." @default.
- W3081944667 created "2020-09-08" @default.
- W3081944667 creator A5042533031 @default.
- W3081944667 creator A5056520084 @default.
- W3081944667 creator A5089246486 @default.
- W3081944667 date "2020-12-01" @default.
- W3081944667 modified "2023-10-16" @default.
- W3081944667 title "Employee incentives and energy firms’ innovation: Evidence from China" @default.
- W3081944667 cites W1572780858 @default.
- W3081944667 cites W1985162420 @default.
- W3081944667 cites W1987349732 @default.
- W3081944667 cites W1987548857 @default.
- W3081944667 cites W2004258175 @default.
- W3081944667 cites W2004463963 @default.
- W3081944667 cites W2005144066 @default.
- W3081944667 cites W2005855623 @default.
- W3081944667 cites W2022220920 @default.
- W3081944667 cites W2035554302 @default.
- W3081944667 cites W2057221160 @default.
- W3081944667 cites W2077401456 @default.
- W3081944667 cites W2077440783 @default.
- W3081944667 cites W2086534181 @default.
- W3081944667 cites W2117455041 @default.
- W3081944667 cites W2134246329 @default.
- W3081944667 cites W2135219904 @default.
- W3081944667 cites W2173708787 @default.
- W3081944667 cites W2412435222 @default.
- W3081944667 cites W2754530387 @default.
- W3081944667 cites W2901634793 @default.
- W3081944667 cites W2952187037 @default.
- W3081944667 cites W3121403162 @default.
- W3081944667 cites W3123090753 @default.
- W3081944667 cites W3123529734 @default.
- W3081944667 cites W3124258145 @default.
- W3081944667 cites W3124406725 @default.
- W3081944667 cites W3124630682 @default.
- W3081944667 cites W3124855123 @default.
- W3081944667 cites W3125161875 @default.
- W3081944667 cites W3125391194 @default.
- W3081944667 cites W3125558218 @default.
- W3081944667 cites W3125688476 @default.
- W3081944667 cites W3125689578 @default.
- W3081944667 cites W3147421935 @default.
- W3081944667 doi "https://doi.org/10.1016/j.energy.2020.118673" @default.
- W3081944667 hasPublicationYear "2020" @default.
- W3081944667 type Work @default.
- W3081944667 sameAs 3081944667 @default.
- W3081944667 citedByCount "10" @default.
- W3081944667 countsByYear W30819446672021 @default.
- W3081944667 countsByYear W30819446672023 @default.
- W3081944667 crossrefType "journal-article" @default.
- W3081944667 hasAuthorship W3081944667A5042533031 @default.
- W3081944667 hasAuthorship W3081944667A5056520084 @default.
- W3081944667 hasAuthorship W3081944667A5089246486 @default.
- W3081944667 hasConcept C100001284 @default.
- W3081944667 hasConcept C111919701 @default.
- W3081944667 hasConcept C121955636 @default.
- W3081944667 hasConcept C127413603 @default.
- W3081944667 hasConcept C144133560 @default.
- W3081944667 hasConcept C149782125 @default.
- W3081944667 hasConcept C162144332 @default.
- W3081944667 hasConcept C162324750 @default.
- W3081944667 hasConcept C162853370 @default.
- W3081944667 hasConcept C175444787 @default.
- W3081944667 hasConcept C17744445 @default.
- W3081944667 hasConcept C191935318 @default.
- W3081944667 hasConcept C199539241 @default.
- W3081944667 hasConcept C204036174 @default.
- W3081944667 hasConcept C29122968 @default.
- W3081944667 hasConcept C34974158 @default.
- W3081944667 hasConcept C3859990 @default.
- W3081944667 hasConcept C40700 @default.
- W3081944667 hasConcept C41008148 @default.
- W3081944667 hasConcept C610760 @default.
- W3081944667 hasConcept C78519656 @default.
- W3081944667 hasConceptScore W3081944667C100001284 @default.
- W3081944667 hasConceptScore W3081944667C111919701 @default.
- W3081944667 hasConceptScore W3081944667C121955636 @default.
- W3081944667 hasConceptScore W3081944667C127413603 @default.
- W3081944667 hasConceptScore W3081944667C144133560 @default.
- W3081944667 hasConceptScore W3081944667C149782125 @default.
- W3081944667 hasConceptScore W3081944667C162144332 @default.
- W3081944667 hasConceptScore W3081944667C162324750 @default.
- W3081944667 hasConceptScore W3081944667C162853370 @default.
- W3081944667 hasConceptScore W3081944667C175444787 @default.
- W3081944667 hasConceptScore W3081944667C17744445 @default.
- W3081944667 hasConceptScore W3081944667C191935318 @default.
- W3081944667 hasConceptScore W3081944667C199539241 @default.
- W3081944667 hasConceptScore W3081944667C204036174 @default.
- W3081944667 hasConceptScore W3081944667C29122968 @default.
- W3081944667 hasConceptScore W3081944667C34974158 @default.
- W3081944667 hasConceptScore W3081944667C3859990 @default.
- W3081944667 hasConceptScore W3081944667C40700 @default.
- W3081944667 hasConceptScore W3081944667C41008148 @default.
- W3081944667 hasConceptScore W3081944667C610760 @default.
- W3081944667 hasConceptScore W3081944667C78519656 @default.
- W3081944667 hasLocation W30819446671 @default.
- W3081944667 hasOpenAccess W3081944667 @default.