Management Decision and Dual Innovation

China’s economic development is strongly constrained by existing resources, and the implementation of low-carbon economy sustainable requires enterprises to improve their Innovation R&D capability. As an important participant in decision-making execution company, managerial discretion top managers related overall direction organization Taking Shanghai Shenzhen A-share listed companies from 2009 2020 as research objects, this paper empirically studies choice on enterprise innovation mode, constructs mediation model corporate governance level. The results show that promotion executive power can increase investment exploratory but weaken exploitative innovation, level plays a partial mediating role influence innovation. This elaborates which helpful for adjust size according actual needs, pay attention governance, make better control dual