Generalist versus specialist CEO and R&D commitment: evidence from an emerging market

Author:

Agnihotri ArpitaORCID,Bhattacharya Saurabh

Abstract

Abstract Leveraging the human capital specificity and the Chief Executive Officer (CEO)–top management team (TMT) interface literature, this study explores the impact of generalist versus specialist CEOs on R&D commitments by Indian firms under the boundary conditions of TMTs' functional and educational diversity. Based on a sample of 253 firms over a period of 6 years, in contrast to previous studies, our findings suggest that specialist CEOs are more likely to invest in R&D than generalist CEOs; however, when supported by functionally and educationally diverse TMT, the R&D commitment of generalist CEOs increases as well.

Publisher

Cambridge University Press (CUP)

Subject

Organizational Behavior and Human Resource Management,Business and International Management

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