Boards of Directors and State-Owned Enterprises’ Innovation

Part of the Contributions to Management Science book series (MANAGEMENT SC.)


In the wake of the global financial crisis of 2008–2009, many industrialized States have increased their stakes in corporations (State-owned enterprises) worldwide. Therefore, the idea of governments as value-creating institution is increasing and questions concerning innovation are even more pressing. Indeed, there has been a great deal of both scholarly and professional interest in innovation believing that it is essential to public sector effectiveness. Theoretical insights from the innovation literature, agency and resource-based theories are done seeking to add knowledge on the relationships between governance mechanisms and State-owned enterprises’ innovation. The analysis is on a sample of 88 Norwegian State-owned enterprises mainly operating in the service sector. The results show that some characteristics of the board of directors (e.g., composition, board working-style and board members’ knowledge and competences) significantly influence innovation types. Implications for theory and practice and future research directions are discussed.


Corporate Governance Board Member Woman Director Organizational Innovation Board Size 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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© Springer-Verlag Berlin Heidelberg 2011

Authors and Affiliations

  1. 1.Department of Business StudiesUniversity of Rome “Tor Vergata”RomeItaly

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