M.A. Thesis:

Managerial ability and corporate innovative success

The main purpose of this study is to determine the relationship between the managerial ability and corporate innovative successes based on the information of the active companies in the capital market. In this research, the corporate innovative successes were measured using indices of intangible assets and research and development costs. Statistical data from the information contained in the reporting of companies listed in Tehran Stock Exchange during the period of years 2009 to 2015 (seven years) was collected. Sample data from 183 companies with 1281 observations were collected using systematic deletion sampling method, and the hypotheses were tested using statistical software R. The results of hypothesis testing using multivariate regressions with panel data approach at 5% error level indicated that there is a significant relationship between managerial ability and promoting innovations in companies, and there is no meaningful relationship between managerial ability with research and development in the companies.

Keywords: Managerial ability, Research and Development, Innovation.