Research on the Relationship between Employment Externalization and Enterprise Innovation Performance

Abstract

Abstract: External hiring is a primary way for enterprises to acquire human capital and maintain the competitive advantage. By using the online resume information to identify and obtain employee data of listed companies in China during the period of 2000-2016, this paper explores the impact of employment externalization on enterprise innovation performance. The empirical results show that there is an inverted U-type relationship between employment externalization and innovation performance, and when employment externalization accounts for 40. 51%, employment externalization has the greatest impact on enterprise innovation performance. The boundary test shows that when the past performance of the enterprise is better or the market competition environment of the industry is higher, the effect of employment externalization on the enterprise innovation performance is more obvious. From the perspective of learning-by-hiring, this paper perfects the research on the relationship between employment pattern and enterprise innovation and its boundary conditions, providing a key reference for enterprises to effectively acquire and allocate human capital.

Key words: employment externalization, enterprise innovation performance, past performance, market competition environment, employment pattern

Zhou Huaikang, Peng Qiuping, Liu Shanshi, Guo Zisheng. Research on the Relationship between Employment Externalization and Enterprise Innovation Performance[J]. Management Review, 2022, 34(11): 54-64.

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