Drawing on the information processing perspective, this study examines the effects of TMT participative decision-making and heterogeneity on management innovation. It finds that TMT participative decision-making and heterogeneity individual and jointly contribute to management innovation. In addition, the effect of TMT participative decision-making is positively moderated by firm age, whereas that of TMT heterogeneity is negatively moderated by firm age. This study offers insights into how TMTs matter to management innovation, enriching the knowledge of the antecedents of management innovation. It also represents one of the first attempts that introduce firm age as a contingency for the innovation implications of TMTs.

基于信息处理的观点，本研究考察了TMT参与式决策和异质性对管理创新的影响。研究发现，TMT的参与性决策和异质性共同促进了管理创新。此外，TMT参与决策的作用由公司年龄正向缓和，而TMT异质性的影响则由公司年龄负向缓和。这项研究提供了有关TMT如何对管理创新产生影响的见解，从而丰富了管理创新的前身知识。这也是将公司年龄引入TMT创新影响的首次尝试之一。