Abstract:This paper examines the link from mediating role of creative self conception, as well as moderating effect of risk preference from 191 paired supervisors and subordinates. The results show as follows: empowering leadership has a significant positive effect on innovative behavior; both creative self efficacy and creative role identity have a significant positive effect on innovative behavior; empowering leadership has a positive effect on creative self efficacy and creative role identity; the effect of empowering leadership on innovative behavior is fully mediated by creative self efficacy and creative role identity and risk preference moderates the effect of empowering leadership on innovative behavior. At last, implications are discussed, as well as possible limitations and direction for future research.