中文摘要：

差异化薪酬管理政策如何影响新创企业的创新精神,是一个重要的学术研究问题。考虑到企业高层与基层员工的薪酬没有太大的可比性,文章将新创企业内部薪酬差距分为高层-中层及中层-基层两个层面,考察了不同层级之间的垂直薪酬差距对新创企业创新活动的影响。研究结果表明,垂直薪酬差距与新创企业的创新精神之间呈显著的倒U形关系,即新创企业的创新精神随着垂直薪酬差距的扩大呈现先上升后下降的趋势。另外,中层-基层薪酬差距对新创企业创新精神的作用还受到董事会治理和外部环境包容性的影响,即在同等的中层-基层薪酬差距下,设立董事会及处于强包容性环境下的新创企业有更强的创新精神。文章拓展了薪酬差距理论的研究成果,而且对于指导新创企业制定和完善薪酬激励政策具有重要的现实意义。

英文摘要：

How differentiated salary management policies affect the innovation spirit of new ventures is an important academic issue.Considering that there is no much comparability of the pay between corporate executives and grassroots employees,this paper subdivides the pay dispersion of new ventures into two levels：pay dispersion between top managers and middle managers（PayDHM）,and pay dispersion between middle managers and grassroots workers（PayDML）.And it explores the effects of vertical pay dispersion at different levels on innovation activities of new ventures.The results indicate that there exists a significant inverted U-shaped relationship between vertical pay dispersions and the innovation spirit of new ventures,which means that the innovation spirit of new ventures increases first and then decreases as the vertical pay dispersion widens.In addition,the role of pay dispersion between middle managers and grassroots workers in the innovation spirit of new ventures is also affected by board governance and external environment inclusiveness,that is to say at the same level of pay dispersion between middle managers and grassroots workers,new ventures with a board of directors and in a strong inclusive environment have stronger innovation spirit.It extends the achievements of pay dispersion theory research and has important significance to help new ventures to formulate and perfect pay incentives policies.