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Indexed by:会议论文
Date of Publication:2015-01-01
Included Journals:CPCI-SSH
Volume:76
Page Number:187-192
Key Words:CEO overconfidence; Free inquiry; Industry-academy cooperation
Abstract:This paper analyses the impact of CEO overconfidence on firm's R&D organizations. We also take scientist's free inquiry as a important factor. The results reveal that the probability CEO chooses to cooperate with the academy increases with her level overconfidence. Besides, there are other factors that influence the a CEO's decision on R&D organization, to be specific, the increase of CEO's expected ability encourages her to launch in-house research, whereas the increase of scientist's concern on free inquiry increases her interests in industry-academy cooperation.