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<p>Introducing the attention-based view (ABV) to the digital context, our study examines how executives’ digital attention (DA) affects ambidextrous innovation and the moderating effects of directors’ and officers’ liability insurance (DOI). By using the sample of 2,994 Chinese listed firms from 2008 to 2022, we find that DA can promote exploratory innovation and exploitative innovation. We also find that DOI can intensify the positive relationship between DA and ambidextrous innovation. We further reveal that DA’s persistence, strength, and concentrated distribution are positively associated with ambidextrous innovation. Our study shows that DA to strategy, technology, and practice can improve ambidextrous innovation. Moreover, we find that DA can weaken the balanced ambidexterity but strengthen the combined ambidexterity and excellent ambidexterity of innovation. The heterogeneity tests indicate that the positive effects of DA are more pronounced in higher equity concentration, lower equity balance, and non-duality firms.</p>

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Risk-taking or risk-avoiding: digital attention and ambidextrous innovation

  • 期刊论文

  • 发表日期：

    2026年5月19日

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  • Yonghong Ma,
  • Yuning Li,
  • Huili Ni,
  • Meng Xu

摘要

Introducing the attention-based view (ABV) to the digital context, our study examines how executives’ digital attention (DA) affects ambidextrous innovation and the moderating effects of directors’ and officers’ liability insurance (DOI). By using the sample of 2,994 Chinese listed firms from 2008 to 2022, we find that DA can promote exploratory innovation and exploitative innovation. We also find that DOI can intensify the positive relationship between DA and ambidextrous innovation. We further reveal that DA’s persistence, strength, and concentrated distribution are positively associated with ambidextrous innovation. Our study shows that DA to strategy, technology, and practice can improve ambidextrous innovation. Moreover, we find that DA can weaken the balanced ambidexterity but strengthen the combined ambidexterity and excellent ambidexterity of innovation. The heterogeneity tests indicate that the positive effects of DA are more pronounced in higher equity concentration, lower equity balance, and non-duality firms.