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6263高管间的薪酬差距会对高管产生锦标赛激励，进而可能会影响高管创新行为及企业创新活动，然而相关研究多关注内部锦标赛激励，有关外部锦标赛对企业创新影响的研究却比较缺乏。本文利用中国上市公司数据，使用公司CEO与公司所在行业薪酬最高CEO间的薪酬差距衡量行业锦标赛激励，使用企业发明专利申请数量衡量企业创新产出，考察了行业锦标赛激励与企业创新产出的关系。研究发现：（1）行业锦标赛激励与企业创新产出呈正相关关系，表明行业锦标赛激励提升了企业创新产出；（2）当CEO预期行业晋升概率较高时，行业锦标赛激励与企业创新产出的正相关关系较为显著。本文首次研究了行业锦标赛激励对企业创新产出的影响，为中国上市公司建立高效的创新激励机制提供了参考。
行业锦标赛激励与企业创新产出
摘要
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引用本文
梅春, 赵晓菊, 颜海明, 等. 行业锦标赛激励与企业创新产出[J]. 外国经济与管理, 2019, 41(7): 25-41.
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