管理评论

管理评论 ›› 2026, Vol. 38 ›› Issue (8): 201-214.

• 组织行为与人力资源管理 • 上一篇    

中国企业CEO职业生涯模式对企业创新的影响——来自A股上市公司CEO简历的证据

冯斌1, 董玉杰2   

  1. 1. 武汉大学经济与管理学院, 武汉 430072;
    2. 北京工业大学经济与管理学院, 北京 100124
  • 收稿日期:2025-07-09 发布日期:2026-09-11
  • 作者简介:冯斌，武汉大学经济与管理学院博士研究生；董玉杰（通讯作者），北京工业大学经济与管理学院讲师，博士。
  • 基金资助:
    教育部人文社会科学青年项目（22YJC630021）。

The Impact of CEO Career Pattern on Corporate Innovation—Evidence from the Resumes of CEOs of Chinese A-Share Listed Companies

Feng Bin1, Dong Yujie2   

  1. 1. Economics and Management School, Wuhan University, Wuhan 430072;
    2. College of Economics and Management, Beijing University of Technology, Beijing 100124
  • Received:2025-07-09 Published:2026-09-11

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摘要： 职业生涯作为CEO成长过程的必经之路，有助于CEO形成特定的思维结构、社会资源以及管理视野，从而对企业创新的实施产生影响，然而中国企业CEO的典型职业生涯模式有哪些，以及不同CEO职业生涯模式对企业创新有何种影响，目前尚未明晰。本文以2007—2023年中国A股上市公司为样本，手工整理了CEO职业生涯数据，并通过序列分析视角从雇主、地位及职能三个维度识别了中国企业CEO的典型职业生涯模式。研究表明，CEO职业生涯模式对企业创新具有显著的差异化影响：从雇主背景看，相较于“民营主导型”，“单一传统型”CEO同时促进了突破式创新与渐进式创新，而“多元跨界型”CEO则会抑制企业的渐进式创新。从地位演化看，相较于“阶梯晋升型”，“创始人型”CEO对两种创新均有显著的正向作用。从职能专长看，相较于“管理主导型”，“研发专家型”CEO在推动渐进式创新和突破式创新上优势明显，“多元发散型”CEO则会促进企业突破式创新；需要注意的是，“生产专家型”CEO的任职与企业两类创新水平的下降显著相关。本文的研究结论拓展了企业创新影响因素以及CEO职业生涯经济后果领域的相关研究，对完善上市公司CEO培养与选聘机制，进一步提高企业创新水平提供新的证据支持。

关键词: CEO职业生涯模式, 企业创新, 渐进式创新, 突破式创新, 序列分析

Abstract: The milestones a CEO has reached along his or her career path contribute to the formation of his or her cognitive framework, social resources, and managerial vision, which in turn affects the implementation of corporate innovation. However, the typical career patterns of CEOs in Chinese enterprises and their specific impacts on corporate innovation remain unclear. Using a sample of Chinese A-share listed companies from 2007 to 2023, this study manually collects CEO career data and identifies typical CEO career patterns from the dimensions of employer, status, and function based on sequence analysis. The research indicates that CEO career patterns exert differentiated impacts on corporate innovation. From the employer background perspective, compared to CEOs with most experience in private sector, CEOs with most experience in a single traditional sector simultaneously promote both breakthrough and incremental innovation, whereas CEOs with diverse cross-sector experience tend to inhibit incremental innovation. From the status evolution perspective, compared to stepwise promoted CEOs, founding CEOs exert a significant positive effect on both types of innovation. From the functional expertise perspective, compared to management-oriented CEOs, technical expert CEOs demonstrate clear advantages in driving both breakthrough and incremental innovation, while diversely functional CEOs are more likely to foster breakthrough innovation. Notably, the tenure of production expert CEOs is significantly associated with declines in both breakthrough and incremental innovation. The findings of this study extend the literature on the determinants of corporate innovation and the economic consequences of CEO careers. It provides new empirical evidence for improving the development and selection mechanisms for CEOs of listed companies and for further enhancing corporate innovation levels.

Key words: CEO career pattern, corporate innovation, incremental innovation, radical innovation, sequence analysis