Abstract
This study investigates the relationship between a board of directors' human capital and innovation outcomes. Building upon previous work, we conceptualize the human capital of the board of directors' depth, breadth, and ambidexterity. We test our model using random sample data from S&P 500 companies. The results show that the capital depth of a board leads to more industry-specific innovation while a board's breadth will enable a more diversified innovation portfolio. Further, board ambidexterity is associated with increased patents. Theoretical and practical contributions are discussed.
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