大專院校教授擔任董監事與公司創新關聯性探討

Abstract

本研究主要探索董事會組成與公司創新的相關性，分析大專教授擔任董監事是否會影響公司之創新活動，更將大專教授基於其任教科系進行分類，探討不同背景之大專教授對其領域之公司創新活動的影響程度。本研究以台灣上市公司為樣本進行實證分析，發現大專教授擔任董監事與公司創新活動存在顯著的正相關，本研究亦發現理工科系教授擔任董監事與非高科技公司之創新活動有顯著正相關；商管科系教授擔任董監事與低財務限制之創新活動有顯著正相關，然而此相關性卻不必然存在因果關係。

This study mainly examines the relationship between board composition and corporate innovation, trying to answer whether professors appointed to the board is related to firm patenting. This study further classifies professors into different groups corresponding to their departments, finding out if professors from different backgrounds will have a positive impact on companies in their field. Using a sample of Taiwan corporations, this study shows that an increase in the number of professors on the board is positively and significantly related to increase in firm innovation activities. More evidence indicates that there is a significant positive correlation between professors of science in the board and innovation activities of non-tech companies, and there is also a significant positive correlation between professors of business administration in the board and innovation activities of companies with low financial constraints. However, these kinds of relations are not necessarily causal.