Unabsorbed Slack Resources and Enterprise Innovation: The Moderating Effect of Environmental Uncertainty and Managerial Ability

Unabsorbed slack resources are critical for organizational innovation, but research concerning the relationship between unabsorbed and corporate innovation has resulted in controversial findings. Using data of all A-shared listed companies China from 2011 to 2018, this paper examines influence on enterprise innovation. First, verifies that there is an inverted U-shaped R&D investment output. Following that, empirical findings show environmental uncertainty managerial ability have a negative incentive effect Finally, results mechanism testing reveal affect through two channels: resource agency cost.