Abstract: Taking the data from the A-share listed companies listing in Shanghai and Shenzhen stock exchanges from 2009 to 2016 as samples, this paper tries to explore the relationship between ESOP, talent speciality and corporate effective innovation. The finding show that the enterprises that carry out ESOP are more likely to achieve effective innovation, that the talent speciality owned by the enterprises can strengthen the positive relationship between ESOP and corporate effective innovation, and that both the talent speciality of the technical employees and the talent speciality of the senior management can strengthen the innovation effect of ESOP, and there is a complementary relationship between the two.

Key words: ESOP; talent speciality; effective innovation