Book Title: Innovative Approaches in Multidisciplinary Research and Development (IAMRD)
Chief Editors: Dr. Anil Kashinath Salunke and Dr. Rituraj Pant
Associate Editors: Prof. (Dr.) Sourav Madhur Dey and Dr. Amrutha Satheesan
Co-Editors: Dr. Souvik Sur and Dr. Phakir Singh
ISBN: 978-93-7183-004-1
Chapter: 19
DOI: https://doi.org/10.59646/708/19
Authors: Muhammad Usman, Kashif Raza, Pomi Shahbaz, Shamsheer U Haq2, Rashid Mehmood, Dr. Rana Tahir Naveed
Abstract
Leaders are important to growth and innovation. To explore the said narrative, we investigate how poor leadership can impact corporate innovation. Particularly, we conduct this study in the context of Pakistan. In view of this, data is gathered from WBES (World Bank Enterprise Survey). This survey was conducted in 2022 and covers 1300 firms across different industries in Pakistan. The regression estimates verify that poor and ineffective leaders harm corporate innovation. Policy implications highlight the importance of leadership development programs, creating a culture of innovation, accountability mechanisms and regulatory frameworks to counteract the detrimental effect of poor leadership on innovation.
Keywords: Poor leadership; Corporate Innovation; Pakistan, World Bank Enterprise Survey