• Journal of Korea Society of Industrial Information Systems
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• v.27 no.1
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• pp.125-133
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• 2022

We examined the impact of CEO's insiderness on innovation performance. Our results using U.S. patent data revealed that insider CEO shows higher innovation performance than outsider CEO. Also, level of CEO's insiderness had positive impact on innovation performance. Further analysis has shown that relationship between level of CEO's insiderness and innovation performance is more evident in high-tech industry compared to non-high-tech industry. These findings are expected to provide implications for a company's choice of the next CEO.