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RESEARCH ON THE IMPACT OF TECHNOLOGICAL DIVERSIFICATION OF INNOVATION NETWORKS ON THE CONTINUOUS INNOVATION OF ENTERPRISES — A PERSPECTIVE BASED ON SOCIAL NETWORK THEORY

LI JINGXI 1, CHANG XIAOYING 2, and WANG YUJIAO 3.

Vol 19, No 01 ( 2024 )   |  DOI: 10.5281/zenodo.10622800   |   Author Affiliation: PhD, Business Administration, Dhurakij Pundit University, International College of Dhurakij Pundit University, Laksi, Bangkok, Thailand 1; Doctoral Supervisor in Business Administration, Dhurakij Pundit University, International College of Dhurakij Pundit University, Laksi, Bangkok, Thailand 2; PhD, Management, Limkokwing Graduate School, Limkokwing University of Creative Technology, Cyberjaya, Malaysia 3.   |   Licensing: CC 4.0   |   Pg no: 1294-1315   |   Published on: 31-01-2024

Abstract

Under the new development pattern of the double cycle in the digital economy era and vigorously promoting China's manufacturing power, the key to enterprise development is to comprehensively utilize the new internal and external development dynamics to enhance technological capabilities and strengthen knowledge management. Therefore, it has become a trend for enterprises to form innovation consortiums. Diversified technologies in cooperative innovation networks have become a critical external resource for enterprise i.innervation. However, more research is needed on how technological diversification in innovation networks affects the sustained innovation of enterprises. Existing studies ignore the different combinations of factors in the external environment of enterprises that may have a different impact on the sustained innovation of enterprises. Based on integrating social network, resource-based, and dynamic capability theories, this study constructs a cooperative innovation network based on the data of joint patent applications of listed companies in the information technology industry. It analyzes the intrinsic mechanism and weighting factors of the technological diversification of innovation networks affecting enterprises' continuous innovation from the perspective of individual networks by adopting the panel data random-effects negative binomial regression method. The study results show that technological diversification in innovation networks positively affects firms' continuous innovation, and technical integration capability mediates between the two. The findings of this study will be of great significance in guiding the development of the theory and practice of sustained innovation in enterprises.


Keywords

Technological Diversification of Innovation Networks; Technology Integration Capabilities; Continuous Innovation.