The external environment facing enterprises is becoming increasingly turbulent, leading to intensifying competition among them. In this context, innovation has become the key to the survival and development of enterprises, with the top management team being the main body responsible for formulating and executing innovative strategies. The stability of top management team directly affects the formulation and execution of innovative strategies, ultimately impacting the development of the enterprise. Based on this, this paper uses data from A-share listed companies from 2009 to 2020 to empirically test the relationship between the stability of top management team and dual innovation, and further examines the moderating effect of environmental uncertainty between the two. The study found that the stability of top management team can significantly promote the output performance of dual innovation, while environmental uncertainty has a suppressing effect on the relationship between the stability of top management team and the performance of dual innovation in enterprises.

Shengting Dai. The Stability of Top Management Team and Dual Innovation—A Moderating Role Based on Environmental Uncertainty. Academic Journal of Business & Management (2023) Vol. 5, Issue 27: 96-101. https://doi.org/10.25236/AJBM.2023.052716.

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