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International Journal of Technology Management

International Journal of Technology Management (IJTM)

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International Journal of Technology Management (50 papers in press)

Regular Issues

  • How do Small and Medium-sized Enterprises learn through Collaborative Networks for Innovation? A mixed methodology to explore absorptive capacity supporting learning   Order a copy of this article
    by Nestor Fabian Ayala, Marie Anne Le Dain, Lamiae Benhayoun-Sadafiyine, Arthur Marcon, Carine Dominguez-Pery 
    Abstract: This study investigates how an SME learns in a Collaborative Network for Innovation (CNI) context by deploying Absorptive Capacity (ACAP) practices. More specifically, we explore the effects of ACAP practices for reciprocal learning upon those used for one-way learning throughout the network creation and operation stages. To hypothesize these effects, we relied on prior literature and empirical evidence drawn from interviews with 13 SMEs embedded in three different CNIs. We then used PLS regression to test these hypotheses based on data collected from 74 SMEs. Results show that ACAP for reciprocal learning has different effects on ACAP for one-way learning, depending on the network stage. This study provides a better understanding of the development of both learnings throughout a CNI. It also raises practitioners awareness of the most important aspects of ACAP for deriving valuable learnings from their network experiences.
    Keywords: Absorptive Capacity; Interorganizational learning; Collaborative Network for Innovation; SME; Open Innovation; Mixed methods.

  • The impact of competition and collaboration networks on innovation performance   Order a copy of this article
    by Jingjing Zhang, Yan Yan, Jiancheng Guan 
    Abstract: Both collaboration and competition networks have received considerable attention in the inter-organizational network literature. However, prior studies treat them as more or less isolated networks. This study highlights that the two networks should be studied together to better understand which combination of the different levels of the characteristics of competition and collaboration networks is optimal for a firms innovation performance. We construct product and technological competition networks to describe competition networks and use alliance and technological collaboration networks to represent collaboration networks. We focus on the tie strength and density of ego competition and collaboration networks. We combine multiple data sources and finally examine 12,068 firms in the Chinese computer and communication industries from the year 2000 to 2013 to test our hypotheses. We find that firms with weak competition and strong collaboration strength and firms embedded in dense competition and sparse collaboration ego networks exhibit high innovation performance. We advance the current research on competition and collaboration networks and contribute to the current debates about the significance of the two network features for improving a firms innovation performance.
    Keywords: collaboration network; competition network; tie strength; network density; innovation performance; patent.

  • Tax incentive, R&D manipulation and enterprises innovation performance: the moderating role of political connections   Order a copy of this article
    by Ran Xiong, Ping Wei, Jingyi Yang, Antonio Cristofini Luis 
    Abstract: Mainland China has a tax incentive named the policy of recognising HTEs, providing a 15% preferential tax rate to enterprises whose investment in R&D exceeds a given notch. We evaluate how recognising HTEs affects enterprises innovation performance and explore the moderating role of political connections and R&D manipulation. Results show that the recognition of HTEs relates positively to enterprises innovation performance but that political connections negatively moderate the relationship between recognising HTEs and enterprises innovation performance. However, the moderating effect exists only in regions with more government intervention, less financial development, and less protection for intellectual property. Further analysis shows that political connections significantly increase enterprises efforts to manipulate reports of their R&D expenses, and such manipulation weakens the relationship between their R&D investment and output. Our conclusions provide evidence of the distortion created by this tax incentive, and they offer a theoretical reference for improving the policy of recognising HTEs.
    Keywords: the recognition of HTEs; innovation performance; political connections; R&D manipulation.

  • The Reverse Innovation Strategies of the Latecomer FirmsA Multiple-Case Study from China   Order a copy of this article
    by Jia Ma, Yusen Xu 
    Abstract: The reverse innovation strategies for latecomer firms are situation-dependent. Based on the multiple-case study, how the latecomer firms adopt the reverse innovation strategy in different situations has been investigated. The market demand difference and technology gap between the developing country and developed country are proposed as the situational determinant of reverse innovation. Four reverse innovation strategies of the latecomer firms are illustrated coupling four different situations, including rapid-penetration strategy, differentiation-driven strategy, development-centered strategy and full-range strategy. A strategy selection framework of reverse innovation for latecomer firms is build up supported by the contingency theory. Two strategy evolution paths about how the latecomers achieve the overall reverse innovation have been identified. This paper contributes to theory on how latecomer firms accomplish the reverse innovation in resource constraints and enrich the understanding of reverse innovation strategy based on contingency approach.
    Keywords: Reverse Innovation; Latecomer Firm; Reverse Innovation Opportunity; Emerging Market; Innovation Strategy.

  • A Theoretical Basis for the Sponsored Location Program as a Form of Joint Marketing: A Mixed Bundling Model Approach   Order a copy of this article
    by Yoshihiro Ito, Hideo Noda 
    Abstract: This study provides the theoretical basis for a sponsored location program a joint marketing e?ort designed to benefit all participating parties. We present a mixed bundling model involving two firms: an online game company and an alliance partner. Our model assumes joint sales by the two firms, with generated profit allocated between them. The model implies that under a conventional sponsored location program, changing from separate sales to mixed bundling allows only one, but not both, of the firms to increase profits. But when both firms are free to set prices, changing the retailing mode allows both to increase profits.
    Keywords: Joint marketing; Mixed bundling; Pok´emon Go; Separate selling; Sponsored location program; AR game.

  • Open Innovation and Closed Innovation: A Simulation Study on Market Conditions and Innovation Strategies   Order a copy of this article
    by Georg Nawroth, Alexander Brem, Christian Rymarczyk 
    Abstract: The role of open or closed innovation strategies regarding the innovation or rather entrepreneurial success is not solved yet. Therefore, this simulation study examines by means of a multi-agent system the effects of open innovation (OI) on the entrepreneurial success of SMEs under differently parameterized market conditions. The simulation study shows that different market conditions and the characteristics of human resource allocation of a company have a relevant influence on the success of an innovation strategy. The experiments showed that OI can mainly take advantage of more human resources, whereas closed innovation lags behind OI in the financial aspect but exceeds OI in terms of market share. Furthermore, the simulation revealed that concrete company situations and market conditions have different effects on the examined innovation strategies. These findings help to stimulate further, even empirical, research efforts.
    Keywords: Open Innovation; Closed Innovation; Market Conditions; Simulation; Innovation Strategy.

  • Assessing the Effect of Business Intelligence Quality on Enterprise Innovation Performance: A Knowledge Dynamic Capability Perspective   Order a copy of this article
    by Kuan Yan, Enjun Xia, Jun Li, Jieping Huang 
    Abstract: Enterprises leverage business intelligence (BI) to promote competitive advantages. However, there is still a lack of understanding of BI quality and innovation performance. This research constructed a model of the impact of BIs system quality and information quality on innovation performance through the IS success and dynamic capabilities framework, investigated the mediation effect of knowledge sharing and absorptive capability and examined heterogeneity with potential IT differences between industries. The results with Chinese enterprise data show that both system quality and information quality are positively related to knowledge sharing, and system quality is positively related to absorptive capability, while information quality is not. Through the mediation effect of knowledge sharing and absorptive capability, system quality partially facilitates innovation performance, while information quality completely facilitates innovation performance, although indirectly. There is no significant relationship between system quality and knowledge sharing among traditional industries. These findings contribute new insights into BI-enabled innovation.
    Keywords: Business intelligence quality; System quality; Information quality; Innovation performance; Dynamic capabilities; Knowledge sharing; Absorptive capability.
    DOI: 10.1504/IJTM.2022.10048678
     
  • The Impact of Government Subsidies on The Human Resources and Innovation Output of Makerspaces According to Signal Theory   Order a copy of this article
    by Haihua Wang, Chujiang Xue, Yu Li, Pengjin Zhao 
    Abstract: In addition to solving the externality problem of innovation, government subsidies (GSs) also serve as a signal to attract talents. This research investigated the signal effect of GSs on human resources in terms of improving innovation output. We used the least squares method and bootstrapping technique to conduct an empirical study on Chinas makerspaces in 2017 and employed a robustness test on the data from 2017 to 2019. The results indicate that the signal effect released by GSs can help a makerspace attract more talents so as to realize innovation efficiently. Moreover, the same amount of GSs can attract more talents to a private makerspace than to a state-owned counterpart. Furthermore, regions with high degree of marketization can help makerspaces attract talents; that is, the moderating effect of ownership is further moderated by the marketization degree.
    Keywords: makerspace; signal theory; government subsidies; human resources; innovation output.

  • A complementor selection framework to nurture R&D ecosystems based on multidimensional patent data   Order a copy of this article
    by Fenfen Wei, Nanping Feng, Xinyu Liu, Furong Ruan, Shanlin Yang 
    Abstract: Complementor selection is a crucial factor which impacts collaborative innovation performance in platform-based innovation ecosystems (PIEs). However, the existing literature pays little attention to their selection and relevant criteria, and supplier selection methods cannot meet the selection requirements of PIEs. Therefore, this study offers platform leaders a framework for complementor selection to nurture research and development (R&D) ecosystems using multidimensional patent data. In this framework, (a) the search for complementors is worldwide, thereby expanding the search scope and improving the acquisition of resources for customer-oriented solutions; (b) the evaluation of potential complementors is based on multidimensional patent data, thus reducing dependence on experts and enhancing the reliability of evaluation results; and (c) cluster analysis identifies general, developmental, and core potential complementors, enabling platform leaders to conduct classified selection and management of them. Finally, an empirical case study was performed by applying the proposed framework to verify its feasibility and effectiveness.
    Keywords: complementor selection; complementor ecosystem; R&D collaboration; patent data; cluster.

  • Examining dynamic system integration capabilities in knowledge boundaries of convergent service architectures: two cases of a telecommunication company   Order a copy of this article
    by Jongseok Kim, Ian Miles 
    Abstract: This study examines the changes in a firms system integration capabilities and knowledge boundaries. The notion of dynamic capability is found to be relevant to the creation and evolution of system integration capabilities required for innovation in complex product system (CoPS). A dynamic system integration capability enabled the creation of new service architecture, which can be seen as determining the knowledge boundary for the CoPS innovation. Two cases are examined, featuring the same firm, where shifts of knowledge boundaries related to different service architectures (in both cases involving provision of music services over mobile networks). In particular, capabilities concerning the customer interface elements of the service architecture were critical. In a network-based service industry, the customer interface is the location for the simultaneous delivery and consumption of the service. This enables the firm to exploit network effects and to use, or support use of, various digital devices including operating systems. This makes the knowledge boundary of a service architecture in a network-based service more complex than those of non-network-based services and material products. The dynamic capabilities are necessitated by the phenomenon of digital convergence and hybridization of different electronic service systems. Finally, this study reports an abnormal case of CoPS innovation, featuring less complexity of learning because the technological properties and systems of a service architecture and business strategy reduce requirements for the technological function of CoPS.
    Keywords: complex product systems (CoPS); dynamic capabilities; system integration; knowledge boundary; service architecture; innovation.

  • Is the correlation between knowledge sharing and firm innovation performance contingent on network trust and hierarchical culture? Evidence from the Chinese high-tech sector   Order a copy of this article
    by Francis Boadu, Yifei Du, Yu Xie, Elizabeth Dwomo-Fokuo 
    Abstract: Innovation is of great significance to firms seeking competitive advantage and survival. Building upon the knowledge-based view, we explore whether the association between knowledge sharing and firm innovation performance is contingent on network trust and hierarchical culture. Using a survey dataset from 151 Chinese high-tech employees. We find that (1) knowledge sharing affects firm innovation performance; (2) knowledge sharing influences network trust; (3) Network trust played a significant mediation role in the knowledge sharing firm innovation performance relationship; (4) network trust affects firm innovation performance; (5) Hierarchical culture significantly moderates the correlation among network trust and firm innovation performance. The study proposes a moderated mediation model to fully illustrate the linkages amongst knowledge sharing, network trust, hierarchical culture, and innovation performance to offer a guide regarding how high-tech sectors can attain superior innovation outcomes.
    Keywords: Knowledge sharing; network trust; hierarchical culture; firm innovation performance.

  • Agglomeration and flow of innovation elements and the impact on regional innovation efficiency   Order a copy of this article
    by Haichao Yu, Haiqian Ke, Yunling Ye, Fei Fan 
    Abstract: Knowledge and technology, as representatives of innovation elements agglomeration, are key to enhancing regional innovation ability. Based on panel data from 283 Chinese cities spanning 20042017, this study determines the regional innovation efficiency and agglomeration of regional innovation elements, and establishes the spatial matrix of innovation element flow. Using spatial econometric and intermediary effect models, the study investigates the spillover effects and transmission mechanism of the agglomeration of innovation elements and their flow on regional innovation efficiency. The regression results demonstrate that the agglomeration of innovation elements, characterized by knowledge and technology, significantly and positively influences innovation efficiency. The agglomeration of regional knowledge has a positive spatial spillover effect on innovation efficiency, while the agglomeration of regional technology has a negative spatial spillover effect. Moreover, the flow of innovative personnel and innovation capital between regions is conducive to the spatial spillover of knowledge, with the positive spillover effect of regional innovation capital being greater than that of innovative personnel. The agglomeration of regional innovation elements can affect regional innovation efficiency through transmission mechanisms such as the opening-up level, ecological environment, and information services.
    Keywords: innovation elements’ agglomeration; innovation elements flow; innovation efficiency; spatial Durbin model; intermediary effect model.

  • The impact of demand-pull and supply-push policies on technological innovation: Does the type of policy matter?   Order a copy of this article
    by Fang Yuan, Mingshan Li, Xiaohua Sun, Yu Zhai 
    Abstract: This paper probes the significance and impact of industrial policy supports on innovation promotion for the equipment manufacturing industry in China. By comprehensively sorting out the policy incentives in accordance with the types of demand-pull and supply-push, we go beyond the literature by further highlighting the differentiated effects of these two instrumental categories on different types of innovation. Based on panel data from 28 provinces in China, we applied a difference-in-differences method and used granted inventions and utility models for patents to indicate product innovation and process innovation, respectively. According to the empirical results, demand-pull policies strongly promotes process innovation, while supply-push policies could significantly foster product innovation activities. In addition, demand-pull policies take effect with a time lag for process innovation. However, the impact of supply-push policies on product innovation reaches its apex one year later and then decreases over time. Our findings indicate that the incentive effect on firm innovation primarily comes from the enhancement of R&D investments. The conclusion presents strategic policymaking suggestions based on the findings with specific reference to China and other similar transitional economies.
    Keywords: industrial technological policy; product innovation; process innovation; China’s equipment manufacturing industry; difference-in-differences method.

  • Disproportional ownership structures and corporate R&D investment: From the investor protection perspective   Order a copy of this article
    by Yu Zhou, Hongzhang Zhu, Xinyu Hu, Xiaoxi Chang 
    Abstract: Disproportional ownership structures are promised to stimulate innovation. However, very few studies have empirically examined this relationship and compared the dual-class equity structure and stock pyramid structure, two forms of disproportional ownership structures. In this research, from the investor protection perspective by integrating contact and legal perspectives, we explored the impact of disproportional ownership structures on firms R&D. Using data consisting of Chinese firms with disproportional ownership structures from 2008 to 2018, we found that compared with pyramidal firms, dual-class firms engaged in more R&D investments. We also found that ownership-control rights divergence negatively moderated the dual-class equity structure and R&D investment relationship, while equity restriction further weakened this moderating effect.
    Keywords: Ownership structure; Dual-class equity structure; Ownership-control rights divergence; R&D investment; Investor protection.

  • Supportive formal institutions, entrepreneurial learning, and new venture performance: A study from Chinas Emerging economies   Order a copy of this article
    by Xingqun Lv, Bin Zhou, Biaoan Shan 
    Abstract: By integrating Institutional theory with Signal detection theory, this study establishes a framework for examining the impact of macro-institutions on micro-entrepreneurial behaviour in emerging economies. We examine the effect of supportive formal institutions on new venture performance we also examine the mediating role of entrepreneurial learning and the moderating role of entrepreneurial team trust between them. Using China as a representative country in emerging economies, the empirical analysis results suggest that entrepreneurial learning (EL) plays a positive mediating role the relationship between supportive formal institutions and new venture performance, and entrepreneurial team trust can strengthen the relationship between supportive formal institutions and new venture performance. The empirical results add to some insights about the effect of formal institutions and informal institutions (entrepreneurial team trust) on new venture performance, and they also have a number of implications for entrepreneurs in emerging economies to operate their new ventures.
    Keywords: Supportive formal institutions; Entrepreneurial learning; Entrepreneurial team trust; New venture performance.

  • The Evolution of Complexity in Information Management and the Profitability of Cryptocurrencies   Order a copy of this article
    by Jorge Romero 
    Abstract: The interaction between the increased complexity of information management applications and the demand for those applications has not been completely understood. Still, it is essential to researchers in business and information management, given the intense focus on improving efficiency and profitability in the future. In the last few years, some of the main information management applications and events that have increased the complexity of information technology processes include the mining of cryptocurrencies. With the growth of new business transactions using cryptocurrencies and the enormous number of algorithms used by miners to mine cryptocurrencies, the complexity of processes and network congestion has become a factor to consider in the future. While most of the studies related to this topic have focused on the technical side of the mining of cryptocurrencies, this study focuses on the evolution of complexity in information management processes and looks into the future profitability of cryptocurrencies.
    Keywords: Profitability of Cryptocurrencies; Technologies; Complexity; Business Calculators.

  • Mechanisation and path analysis of dominant technology in emerging energy industry ----Based on CA model and fsQCA method   Order a copy of this article
    by Hongying Wang, Bing Sun 
    Abstract: Recently, the conflict between Russia and Ukraine has exacerbated the risk of global energy supply and posed a great threat to world energy security. As an area in short supply fossil energy reserves in the world, European countries dependent on Russia in an all-round way. The conflict between Russia and Ukraine and the sanctions against Russia will reshape the trade pattern of the internab vtional oil and gas market and have a comprehensive impact on the EU's oil and gas supply, power security and key resource supply chain. Therefore, Europe and even the world have paid close attention to the growth of emerging energy industry, and the diffusion mechanisation as well as path of dominant technology in emerging energy industry have become particularly important. The paper builds the diffusion model of emerging energy industry's dominant technology as well as illustrating the diffusion mechanisation on the basis of CA model. The mechanisation indicates that owing to the existing relatively perfect market environment and policy environment, as far as the emerging energy industry,the diffusion of dominant technology majorly rests with power of propaganda, the quantity of opinion leaders who hold positive and negative attitudes, enterprise scope of strong chain and weak chain. We also use fsQCA method to analyze and classify the diffusion paths of dominant technologies which are utilized in emerging energy industry. The conclusion of this essay can provide a reference for the relevant enterprise management and government agencies in the decision-making of technology selection and strategic layout.
    Keywords: emerging energy industry; dominant technology; CA model; fsQCA.

  • Evaluating government intervention in academic entrepreneurship: An identity perspective and evidence from China   Order a copy of this article
    by Yijia Dai, Jing Xu 
    Abstract: Government often seeks the creation of academic spin-offs as a critical mechanism of technology transfer. However, most academic ventures that government backs do not grow as expected. This paper aims to reexamine the effect of government intervention from an identity perspective, claiming that government imposes a higher social vision than private investors do. By empirically investigating the performance of academic spin-offs listed in China between 2008 and 2016, we find that although spin-offs controlled by government exhibit weaker financial performance than those controlled by private investor, they produce more innovative outputs. Extending this identity view to management behaviour, we further find that certain governance mechanismsfinancial incentives and ownership concentrationcan moderate both the financial and innovative performance of spin-offs under government control, providing policy makers with an important lesson on adjusting strategies when engaging in academic entrepreneurship.
    Keywords: academic spin-offs; government intervention; academic entrepreneurship; identity theory; technology transfer.

  • How Firms Technology Convergence Effects Market Value: Moderating Effect of Institutional Contingencies in Emerging Markets   Order a copy of this article
    by Shuangying Chen, Feng Fu, Qiyue Li 
    Abstract: Although technology convergence has been examined by technological management literature, the effect of a firms technology convergence on performance and the contingencies influencing the above relationship have remained largely unexplored. Drawing upon institutional theory and technological strategy perspective, this study examines how a firms technology convergence influences market value and how institutional contingencies moderate the role in the markets of an emerging economy. The sample chosen is Chinese listed high-technology firms between 2002 and 2010. The findings indicate that the relationship between a firms technology convergence and market value follows an inverted U-shaped pattern. The relationship is strengthened by political participation; however, it is weakened by strong regional intellectual property regimes and those with state ownership. This study provides theoretical insights and managerial implications that might underlie some of the key findings on technology convergence in emerging markets.
    Keywords: Technology convergence; firm market value; political participation; state-owned enterprises; regional intellectual property.

  • Digital Economy Research: A Bibliometric Analysis of its Evolution and Future Study Areas   Order a copy of this article
    by Shao-Bu Wang, Xian-Hong Peng, Justin Zuopeng Zhang 
    Abstract: This paper explores the research themes, hotspots, and evolution process of the global digital economy by conducting a bibliometric analysis using VOSviewer and CiteSpace visualization tools to sort out relevant literature. Extracting source data from the Web of Science database, we analyze the knowledge mapping structure of the international digital economy research and summarize its discipline distribution, research teams, journal distributions, research hotspots, and evolution process. Our findings show that the global digital economy research has gone through different evolutionary periods: embryonic (1996-2008), development (2009-2016), and acceleration (after 2016). Privacy protection, business models, financial technology, entrepreneurship, Internet, and infrastructure are hot areas of digital economy research. Information technology drives the further development of the digital economy. This study provides certain enlightenment for future digital economy research.
    Keywords: digital economy; bibliometrics; evolution; innovation; visualization; research hotspot.

  • The complementary effect of quality management and proactive market orientation on radical product innovation under environmental uncertainty   Order a copy of this article
    by Younès El Manzani, Jean-Jack Cegarra 
    Abstract: Empirical research shows that there is a synergistic relationship between quality management and market orientation that promotes the creation and delivery of value, customer satisfaction, and performance (El Manzani, 2021). By calling on the theory of dynamic capabilities, the main objective of this research is to enrich the literature by studying the effect of the complementarity between quality management and proactive market orientation on radical product innovation, considering the moderating role of environmental uncertainty in this relationship. The results of a quantitative study of 130 ISO 9001 certified companies that have rolled out radical product innovations reveal that the complementarity between quality management and proactive market orientation improves radical product innovation. This synergistic effect becomes more pronounced when the level of environmental uncertainty is high.
    Keywords: quality management (ISO 9001); TQM; proactive market orientation; complementarity; radical product innovation; environmental uncertainty; PLS-SEM; Morocco.

  • Cooperation Alliance, Technical Value, and Standards Dynamics   Order a copy of this article
    by Weijun Cui, Cheng Sun, Guang Chen, Jue Liu, Jie Wu, Zheng Liu 
    Abstract: In this paper, based on ETSI data from the Searle Center and through the application of resource-based view (RBV) and prospect theory, the impact mechanism of a standards-setting cooperation alliance on standard dynamics is investigated from the perspective of a coopetition strategy. The impacts of SCA (size of cooperation alliance) on standard survival and advancement are studied, and the moderating effect of the technical value of standards is also explored. The research findings are as listed below: (1) the standards formulation SCA has a positive impact on standard survival, and the larger the SCA, the longer the standard survival time; (2) the standards formulation SCA has a negative impact on standards advancement, and the larger the SCA, the fewer incidences of standards improvement ; (3) the technical value of standards has a significant positive moderating effect on the relationship between SCA and standard survival, and the higher the standards technical value, the greater the role of SCA is in promoting standard survival; (4) the technical value of standards has a significant weakening effect on the relationship between SCA and standards enhancement, and the lower the technical value; the greater the inhibition of SCA on standards enhancement.
    Keywords: Technical standards; cooperation alliance; standards survival; standards upgrading; technical value.

  • Predicting future new technology trade relations among regional comprehensive economic partnership (RCEP) member countries- Based on a link prediction method   Order a copy of this article
    by Xinli Qi, Changping Zhao, Yu Gong, Zhenghui Yuan, Yangyan Shi 
    Abstract: Based on 2009-2018 technical trade data, this article uses link prediction methods to explore RCEPs potential technological innovation cooperation and trade relationship rules from the perspective of physical topology networks and national node attributes and to predict the possible RCEP technical trade links that may be established in the future. The research results show that: (1) The number of national trading partners in a node country has a positive impact on the potential links of its technology trade; (2) Countries with technology trade cooperation will be more likely to conduct technology transactions in the future; (3) There will be more technology trade between RCEP and EU companies in the future; and (4) ASEAN countries and enterprises have weak capacity to establish new technological trade relations. Priority should be given to expanding technology trade with other RCEP enterprises to enhance ASEANs international technology trading capacity.
    Keywords: RCEP; international technology trade; technological innovation cooperation; social network; link prediction.

  • Categorisation of mergers and acquisitions in Japan using corporate databases: A fundamental research for recommendation   Order a copy of this article
    by Bohua Shao, Kimitaka Asatani, Ichiro Sakata 
    Abstract: Mergers and acquisitions (M&A) are recognized as an important strategy for corporate growth. In practice, M&A business requires significant time and energy investment and often fails. Hence, scientific M&A recommendation research is needed under such conditions. This study, focuses on M&A categorisation, which is fundamental for M&A recommendation. In this study, we used M&A data, financial data, and corporate data for M&A analysis. We found that the comparison of some financial indicators between the pairs of companies is informative for their relationships. We designed 14 features and used K-means clustering to categorise M&A cases. The 14 features are the features of acquirers, target features, and their relationship features. The M&A cases are categorised into clusters of distinctive characteristics such as additional consideration, high leverage, abundant experience, and more. Finally, we anticipated the M&A motivations of each cluster from these characteristics as well.
    Keywords: artificial intelligence; AI; clustering; mergers and acquisitions; M&A; prediction; recommendation; Japan.

  • Technical evolution and prediction of blockchain based on different evolution patterns by text mining and bibliometric methods   Order a copy of this article
    by Huiying Zhang, Runbo Zhao, Zuguo Yang 
    Abstract: Given the disruptive changes brought by blockchain in various industries, detailed evolutionary trajectories of blockchain technology (BCT) can enable us to learn it better. However, the evolution process is rarely explored in perspective of technology innovation management. A framework is proposed to analysis the evolution process of BTC based on different evolutionary patterns, which are constructed by the topic similarity relation. The results show: (1) BCT began to attract academic attention in 2017, mainly applying into the Internet of Things, financial services, healthcare, energy grids and smart contracts. BCT is adopted to solve privacy, trust and distributed problems in these fields. (2) Several valuable topics are identified as the emerging and lasting technical topics. (3) Two longest evolutionary paths are identified, one is related with the energy consumption issue caused by bitcoin mining, and the other one reveals the different developing stages of BCT applications based on the immutable characteristic.
    Keywords: Blockchain technology; emerging technology; topic relationship; evolutionary pattern; topic prediction; text mining.

  • Design and Implementation of a Text Mining-based Tool to Support Scoping Reviews   Order a copy of this article
    by Filippo Chiarello, Luca Gastaldi, Antonella Martini 
    Abstract: Among literature reviews, scoping review is a relatively new approach that is increasingly gaining popularity since it helps researchers in defining emerging and multidisciplinary fields. While artificial intelligence for text processing can help researchers in this sense, we still lack clear procedures and tools to improve the reviewing process. Following a design science approach, in this article we propose a novel tool based on natural language processing (NLP) to support scoping review and to visualise its results. The tool (NLP4Scoping) is implemented using open-source software and is made available for reuse on GitHub. Each phase for its proper application is described focusing on the nascent literature stream on innovation management in digital ecosystems.
    Keywords: scoping review; natural language processing; NLP; topic modelling; open source.
    DOI: 10.1504/IJTM.2022.10049970
     
  • The Effect of Knowledge Collaboration on Innovation Performance: The Moderating Role of Digital Technologies   Order a copy of this article
    by Mohammad H. Eslami, Luisa Pellegrini, Valentina Lazzarotti, Gloria Puliga, Raffaella Manzini, Harry Boer 
    Abstract: The aim of this study is to examine the implications of knowledge collaboration in open innovation and the role of digital technology therein. The paper draws on a survey of manufacturing firms from Italy, Sweden, France and Spain. The results show that knowledge collaboration with external partners has a significant effect on innovation novelty but not on innovation efficiency. In addition, the results show that digital technology moderates the relationship between knowledge collaboration and innovation efficiency but not the relationship between knowledge collaboration and innovation novelty. Overall, this study contributes to the growing discussion about the benefits of adopting digital technologies in open innovation processes by investigating whether and under which conditions knowledge collaboration is beneficial.
    Keywords: knowledge collaboration; digital technologies; innovation novelty; innovation efficiency.
    DOI: 10.1504/IJTM.2022.10050401
     
  • How does an employees green creativity influence environmental performance? Evidence from China   Order a copy of this article
    by Junbin Wang, Yangyan Shi, Mengmeng Wang, Byung Il Park, Michael Yao-Ping Peng, Nianqi Deng 
    Abstract: In recent decades, the literature has documented the importance of intellectual capital in corporate innovation and competitive edge. However, its influence on employee environmental performance in the Asia-Pacific region remains unclear. In this study, we used three multidimensional intellectual capital dimensions (i.e., green creativity, structural empowerment, and person-organization fit) to test the effects of employees green creativity on their environmental performance in organizational settings via the mediator of structural empowerment and examine whether person-organization fit moderated these effects. Using a sample of 235 Chinese employees working in different industries, we found that green creativity positively influences employees environmental performance. In addition, the effect is mediated by structural empowerment and moderated by person-organization fit. These findings may help firms in the Asia-Pacific region guide their employees daily activities to integrate potential environmental value into green innovation practice to enhance their competitiveness ultimately.
    Keywords: intellectual capital; green creativity; structural empowerment; person-organization fit; green innovation.

  • The technological traits of invention and the exit of high-tech startups   Order a copy of this article
    by Congshan Li 
    Abstract: Exit, either through initial public offering (IPO) or acquisition, represents success but is a low probability event for high-tech startups with technologically novel inventions. We theorize that IPO is a more probable exit route than acquisition for startups with technologically novel inventions, and that this relationship is positively moderated by the scientific knowledge origin and conventionality of inventions. We employ an improved measurement of technological novelty to empirically examine these hypotheses for a sample of healthcare startups. The empirical results support most of our hypotheses and indicate that when the invention of startups is characterized by either high novelty and high scientific knowledge origin or high technological novelty and low conventionality, acquisition might be more probable than IPO as an exit route.rn
    Keywords: technological novelty; high-tech startups; exit; IPO; acquisition.

  • Influence of Social Capital of Innovation Network on Innovation -- the Moderating Effect of Knowledge Sharing and Knowledge Diffusion   Order a copy of this article
    by Xin Jin, Min Zhang, Guanghua Sun, Tor Eriksson 
    Abstract: Using patent data from high-tech firms in China from the years 2007 to 2018 as a sample, this study constructs 3 networks of firm innovation, knowledge-sharing, and knowledge-diffusion to investigate the impact of social capital on exploratory innovation and exploitative innovation. The results indicate that, first, there exists an inverted U-shaped correlation between social capital, exploratory innovation, and exploitative innovation. Second, the knowledge-sharing network has a moderating effect only on the correlation between cognitive capital and exploratory innovation. Third, the knowledge-diffusion network moderates the correlation between social capital of innovation network and different kinds of innovation. This study expands current knowledge on the connotation of social capital theory in innovation networks, and the findings have important practical implications for how firms in various fields use social capital to achieve efficient innovation.
    Keywords: Social capital; Innovation network; Exploratory innovation; Exploitative innovation.

  • Does CSR foster innovation performance? The moderating effect of ownership structure   Order a copy of this article
    by Luu Thi Nguyen, Yuexin Shao, Shouming Chen 
    Abstract: Based on the integration of stakeholder theory and the knowledge-based view, this paper seeks to investigate the effect of firms' active engagement in corporate social responsibility (CSR) on their innovation performance. It is proposed that socially responsible firms, due to their enhanced relationship with stakeholders, could foster innovation performance through the improvement of knowledge acquisition. The moderating effects of two aspects of ownership structure, namely, ownership-control separation and ownership concentration, are examined to highlight the influence of corporate governance over agency problems on the focal relationship. The research uses a longitudinal analysis on a sample of 11,021 observations, including 2,531 firms listed on the Shanghai and Shenzhen exchanges from 2011 to 2016. The results show that participation in CSR activities is positively related to a firm's innovation performance. The positive relationship is stronger when ownership is more concentrated and ownership rights are less separated from control rights.
    Keywords: corporate social responsibility; innovation performance; ownership concentration; ownership-control separation; sustainable development.
    DOI: 10.1504/IJTM.2022.10049654
     
  • Matching buyer-supplier interaction with governance mechanisms for business performance: the moderated mediation model with innovation ambidexterity   Order a copy of this article
    by Yu Wang, Tao Jia, Jinliang Chen, Hongyi Sun 
    Abstract: This paper aims to investigate the relationships among buyer-supplier interaction (BSI), innovation ambidexterity, and business performance. It postulates that BSI contributes to innovation ambidexterity that serves to benefit business performance. Building on organisational information processing theory, this study clarifies boundary conditions in terms of governance mechanisms. The SPSS version of PROCESS was employed to test hypotheses using ordinary least squares regression based on survey data collected from 184 Hong Kong manufacturing firms. The results show that innovation ambidexterity mediates the relationship between BSI and business performance. Furthermore, the indirect relationship is strengthened by the interplay of contracts and trust in its first stage.
    Keywords: buyer-supplier interaction; governance mechanism; contract; trust; innovation ambidexterity; exploitative innovation; exploratory innovation; knowledge recombination; organisational information processing theory; information processing requirement; information processing capacity; fit as moderation; moderated mediation.
    DOI: 10.1504/IJTM.2022.10049653
     
  • Innovators' 'imitation': whether and how does reactive search affect the performance of incumbent firms? Evidence from China   Order a copy of this article
    by Yanting Guo, Wanru Deng, Shan Hu, Gang Zheng 
    Abstract: The competitive interaction between incumbents and new entrants has been a central topic in the field of strategic management. This study examines whether and under what conditions reactive search activities help incumbent firms avoid dethronement in the face of external challenges caused by the entry of new entrants. Based on a sample of 236 Chinese firms, we find that both reactive technology search and reactive market search positively affect firm performance. Moreover, the dynamic capability of established firms strengthens the relationship between reactive technology search and innovative performance, as well as that between reactive market search and operational performance. These findings contribute to the literature on competitive dynamics and knowledge search.
    Keywords: reactive search; dynamic capability; performance; competitive dynamics; incumbent.
    DOI: 10.1504/IJTM.2021.10045509
     
  • The purchase of innovative components: a new link between open innovation and black box integration   Order a copy of this article
    by Antonello Cammarano, Francesca Michelino, Mauro Caputo 
    Abstract: The work aims at signalling the relevance of the purchase of innovative components as a means to carry out open innovation strategies in the presence of black-box approaches and complex product development. Indeed, the wide literature on open innovation is continuously evolving with many contributions, but the relationship between open innovation and black-box approaches was never explored. Specifically, the purchase of innovative components has never been considered as an open innovation practice, even though it refers to the acquisition of innovative components that allow an OEM to incorporate innovative efforts of its suppliers and enhance the innovation of the overall end product. Hence, the paper proposes argumentation to prove the real compatibility, finding two general features among all the practices of the open innovation paradigm. This allows to extend the open innovation paradigm to black-box buyer-supplier relationships, but also suggests scholars to reflect on the existence of any closed innovation.
    Keywords: open innovation; closed innovation; open innovation practices; buyer-supplier relationships; black-box; modularity; component innovation; purchase of components; supplier innovation.
    DOI: 10.1504/IJTM.2022.10049656
     
  • A comparison of the operational models of publicly funded open access nano research infrastructures   Order a copy of this article
    by Susan M. Anson, Jürgen Mohr, Christian Kübel 
    Abstract: This study provides an empirical overview of nano fabrication and characterisation research infrastructures (NFCRIs), and uses this to gain an insight into the similarities and differences in the modes of operation. This will provide a context for future comparative studies of NFCRIs and will highlight parameters which are currently most frequently recorded by the NFCRIs and which may be suitable for evaluation as key performance indicators (KPIs). This study also aims to provide a reference document providing funding bodies and host organisations (universities and research centres) an overview of models employed for the operation of NFCRIS.
    Keywords: benchmarking; clean room; international; nanolabs; nano research facilities; nano research infrastructures; nanotechnology; open access; operational models; public funding; research management; technological expertise; technology management; characterisation; nanofabrication.
    DOI: 10.1504/IJTM.2022.10049655
     

Special Issue on: Supply Chain Innovation Management in the Uncertain Era

  • Pricing and Quality Decisions in Platform-Based Retailing with Targeted Promotion   Order a copy of this article
    by Chenchen Yang, Junsong Bian, Yuqiao Zhang 
    Abstract: This paper considers a platform-based supply chain consisting of a firm launching a new product with a targeted promotion strategy based on innovation on a retailing platform. We examine the firm's optimal decisions on pricing, product quality design and promotional effort to deal with market uncertainty. First, with exogenous quality, we show that market size has a positive impact on the optimal effort level, which is contrary to the intuition that the optimal effort level decreases with the existing market size due to concave increasing costs. This is because the firm will increase the corresponding price if the market size increases, which makes the marginal income higher than the marginal cost. Therefore, the firm has an incentive to invest more effort in promotion. Furthermore, we study the scenario with endogenous quality but exogenous price and find that the optimal effort level will decrease with market size if the market size is sufficiently large. The reason is that retaining a marginal customer by improving quality is more economical than raising the promotion effort level in this case. Finally, with endogenous effort, price, and quality decisions, our result indicates that the firm exerts more efforts in such a platform-based targeted promotion than in the former scenarios when facing strict industry standards.
    Keywords: product innovation; market uncertainty; targeted promotion; quality design; pricing; new product launching.

  • Uncertain cost information sharing strategy in a closed-loop supply chain   Order a copy of this article
    by Qiuling Meng, Lijuan Wan, Quanwu Zhao 
    Abstract: Remanufacturing is a meaningful way to realize the circular economy, and many manufacturers practice it. Usually, the manufacturer keeps private information about remanufacturing costs because remanufacturing is a relatively new business with an uncertain and complicated remanufacturing process. As a result, the asymmetric information will hinder the development of remanufacturing. To address this problem, we study cost information sharing issues in a supply chain with remanufacturing in this paper. We consider a manufacturer sourcing critical components from a supplier to manufacturing new products and collecting end-of-use products for remanufacturing. In our model, the volume of new products constrains the output of remanufacturing (i.e., quantity constraint). When the quantity constraint works, sharing information lowers the wholesale price. It is advantageous to the manufacturer within a moderate new product cost. Furthermore, we show that sharing information can benefit both social welfare and the environment.
    Keywords: supply chain management; remanufacturing; information sharing; environmental performance; game theory.

  • Supply chain sustainability during an uncertain environment: Examining the moderating role of leadership support   Order a copy of this article
    by Sheshadri Chatterjee, Ranjan Chaudhuri, Demetris Vrontis 
    Abstract: The uncertain environment because of the COVID-19 pandemic has immensely impacted the global supply chain, as several countries-imposed travel restrictions. In such a situation, the present study aims at investigating impacts of customer relationship management (CRM) competency, information technology (IT) competency, and contingency management on supply chain management (SCM). The present work examines how leadership support affects supply chain sustainability. From theories as well as from literature inputs, we have developed a conceptual model. Validation of the conceptual model was done using the PLS-SEM technique to analyse 311 responses from the different organizations in India. The study found that CRM competency, IT competency, and appropriate contingency management have significant impacts on supply chain sustainability during uncertain environments. The role of the moderator leadership support also impacts sustainability in supply chain during such crisis.
    Keywords: CRM Competency; COVID-19; Supply chain sustainability; IT Competency; Leadership support; Contingency.
    DOI: 10.1504/IJTM.2022.10048431
     

Special Issue on: Technological Innovation and Management in the Era of Industry 4.0

  • Analysis of the quality improvement path of supply chain management under the background of industry 4.0   Order a copy of this article
    by Qiang Wang, Jingwei Shang 
    Abstract: In view of the influence of the quality of supply chain management in the process of enterprise development, reducing the market competitiveness and customer satisfaction, this paper puts forward the path of improving the quality of supply chain management under the background of industry 4.0. Through the analysis of the coordination structure dimension of supply chain management quality strategy level and the coordination structure dimension of executive level, it is determined that there are some problems in the process of supply chain management quality improvement, such as the failure of the incoming inspection department to inspect as required, the lack of supplier control ability, and the imperfection of supplier quality management process and mechanism, Strengthen the quality control of suppliers in key links, explore the quality improvement path of supply chain management, so as to improve the market competitiveness and customer satisfaction.
    Keywords: Background of industry 4.0 ; supply chain management; quality improvement; path analysis;rn.

  • Innovation and application of enterprises supply chain management mode under the background of industry 4.0   Order a copy of this article
    by Wangshu Su, Hui Chen 
    Abstract: Under the background of industry 4.0, aiming at the problems of low management performance and poor profitability of traditional enterprises supply chain management mode, this paper discusses the innovation and application of enterprises supply chain management mode under the background of industry 4.0. Firstly, the evolution and development characteristics of industry 4.0 background are analyzed, and the operation structure and management content of enterprises supply chain are determined. Secondly, the data of supply chain management is collected to determine the problems of supply chain management mode. Thirdly, the idea of establishing electronic supply chain management is put forward, introducing advanced management technology and establishing long-term supplier partnership. Finally, this management model is applied to the actual management work, and it is found that the comprehensive indicator of enterprise management performance is improved by about 0.25, this management model has good application effect.
    Keywords: Industry 4.0; enterprise’s supply chain; supply chain management; management mode innovation; management mode application;.

  • The interface between marketing and R&D based on process management   Order a copy of this article
    by Qiaoying Ding 
    Abstract: Traditional product research and development work has some problems, such as information asymmetry between departments and poor connection with marketing work, which affects the progress of product marketing work. From the perspective of process management, this paper studies the interface between marketing and R&D. Based on the analysis of the disadvantages of the traditional product research and development and marketing process, the interface conditions of product research and development and marketing are integrated, the corresponding interface mechanism is established, and the department process structure is innovated on the basis of making the two achieve effective collaborative management. Through empirical analysis, it can be seen that enterprises can build a process collaborative management scheme based on customer needs and forward the customer demand information to the R&D department through the information docking platform, so as to enhance the market competitiveness of products through the effective interface between marketing and R&D.
    Keywords: Process management; Collaborative management; Marketing; Product research and development.

  • Analysis on the Production Technology Innovation and Management Path of Industrial Enterprises under the Trend of Industry 4.0   Order a copy of this article
    by Qing Zhang, Abdul Rashid Abdullah, Choo Wei Chong, Mass Hareeza Ali 
    Abstract: In order to improve the development of production technology of industrial enterprises, this paper puts forward the analysis method of production technology innovation and management path of industrial enterprises. Based on the characteristics of production technology innovation of industrial enterprises, this paper analyzes the existing problems of production technology innovation of industrial enterprises, constructs the evaluation model of production technology innovation ability of industrial enterprises according to the analysis results, and puts forward the corresponding production technology management path of industrial enterprises under the trend of industry 4.0. The case study shows that this method can effectively reduce production costs, and the efficiency of internal management is always higher than 90%.
    Keywords: Industry 4.0 trend; Industrial Enterprises; Production technology innovation; Management path.

  • The technological innovation effect of industrial chain under the "double cycle" pattern in the post epidemic Era   Order a copy of this article
    by SHUAI RUAN, SeungBin Choi 
    Abstract: In order to improve the economic benefits of enterprises under continuing influence of COVID-19, the technological innovation effect of industrial chain under the "double cycle" pattern in the post epidemic era is studied in this paper. The fractional planning and integral planning functions of the industrial chain are obtained by constructing the CCR model, and the BCC model calculation of the innovation effect of the enterprise industrial chain is realized by the Chames-Cooper transformation. The data efficiency value of technological innovation effect of industrial chain under the "double cycle" pattern is obtained via the SBM network model for analysis on the technological innovation effect of industrial chain. The experimental results show that the effect of industrial chain technological innovation is analyzed from the aspects of main business income and the profit margin of enterprises extending the industrial chain and connecting the industrial chain. The highest profit margin after connecting the industrial chain technological innovation is 34.2%, which proves that technological innovation can improve the economic benefits of enterprises.
    Keywords: Double circulation; Industrial chain; The effect of technological innovation; economic performance.

  • An empirical analysis of critical factors of Industry 4.0: A contingency theory perspective   Order a copy of this article
    by Manjot Singh Bhatia, Saurabh Kumar 
    Abstract: The implementation of Industry 4.0 (I4) technologies have gained momentum due to several inherent benefits associated with their adoption. However, the benefits of I4 technologies are yet to be realized to the full potential, specifically in the case of emerging economies. Managers need to focus on certain critical factors for the successful implementation of I4 technologies. Though some studies have proposed factors for implementing I4 technologies, empirical examination of critical factors still lacks in the published literature. This study proposes and empirically analyzes the critical factors for adopting I4 technologies in the following Indian manufacturing industries: electrical/electronics, automotive, textiles, paper and plastics. The key factors across six different categories (organizational, workforce management, external support, technological infrastructure, usage of data and regulations) are examined. Further, the contingency effects of firm size and industry sector are also examined. The results are useful for managers in manufacturing industries as it can help them to understand the key factors for adopting I4 technologies. The results are equally useful for managers who are planning to implement I4 technologies in their firms or are in the early phase of I4 implementation.
    Keywords: Industry 4.0; critical success factors; India; manufacturing.

Special Issue on: The Role of Technological Innovation for Pandemic Fighting The Case of COVID-19

  • Looking at Smart Cities Through the Lens of a Pandemic Era: A Systematic Literature Review   Order a copy of this article
    by Gabriel Souto Fischer, Vinicius Facco Rodrigues, Rodrigo Da Rosa Righi, Cristiano André Da Costa, Lucas Micol Policarpo, Rafael Gustavo Gaspar Silva 
    Abstract: Health institutions and hospitals are essential in ensuring the appropriate treatment of human health. One of the major concerns is the increasingly overcrowded patients care queues, who end up waiting for longer times without adequate treatment for their health situations. The global COVID-19 pandemic heightened this problem. In an increasingly connected environment, such as smart cities, people's health can be monitored, so scenarios requiring medical support can be identified beforehand. Looking at the literature, we did not find comprehensive surveys that address smart cities' approaches to handling the pandemic landscape. Based on this background, we propose a systematic literature review discussing the following issues: involved players and their interactions, processing techniques to generate value for the population, smart city architectures to cover pandemic situations, and data standards and technologies applied in this context. We have studied 58 articles, answering research questions regarding the abovementioned topics. As contributions, we add to the literature a state-of-the-art vision regarding challenges, open issues, and trends in the combination of smart cities and their support for pandemic situations.
    Keywords: Smart cities; Health; Sensors; Taxonomy; Pandemic; Healthcare environments; Survey.

  • The Impact of New Media Technologies on Persuasive Communication in the Time of Global Crisis   Order a copy of this article
    by Talayeh Ghofrani 
    Abstract: Corona Virus global pandemic and the growing need of governments and health organizations to direct respected societies to conduct new behaviour and health protocols have stressed the critical role of persuasive communications. This paper intends to show how new digital technologies and social platforms have provided the effective tools and techniques required for such purposes. The paper focuses on different aspects of technology changes in persuasive communications, elaborates the critical factors for a persuasive strategy to be more effective, and shows how these factors can be used. The study classifies the main factors in provision and likelihood of acceptance of persuasive content and the role that technology plays in each factor. It also provides a new method for governments and health organizations to actuate the public into appropriate responses to the outbreak.
    Keywords: Persuasive Communication; Persuasive Technologies; Persuasive Contents; New Media Technologies; COVID-19.

  • Does Technological Proximity Accelerate Innovation Speed in R&D Collaboration? The Evidence of Rapid Vaccine R&D for Fighting COVID-19 Pandemic   Order a copy of this article
    by Xintong Wu, Weinan Wang 
    Abstract: With the urgency of COVID-19, international appeals encourage worldwide collaborations in rapid vaccine R&D. Rapid R&D projects raise the priority of innovation speed and call for the reconsideration of R&D collaboration mechanisms. This research focuses on R&D collaboration teams and examines the impact of technological proximity on innovation speed and its contingencies absorptive capacity and government involvement. Specifically, adopting the data of COVID-19 vaccine R&D projects from the WHO database, the results indicate that in R&D collaboration, technological proximity among partners makes an inverted U-shaped effect on innovation speed, which is positively moderated by the teams absorptive capacity. However, the moderating effect of government involvement is insignificant. This result provides implications for government officials and developers to balance technological similarity and heterogeneity, choose cooperation partners based on technological proximity, and achieve innovations rapidly.
    Keywords: Vaccine R&D; Rapid R&D programs; R&D Collaboration; Innovation Speed; COVID-19.

  • The preventive value effect of firm innovation: The impact of COVID-19   Order a copy of this article
    by Hongjun Xiao, Zhen Yang, Hongcheng Ling, Zhe Zhang 
    Abstract: The COVID-19 pandemic has exerted great pressure on firms to secure their survival and transformation in the face of external shocks. Firm innovation is an important way to effectively respond to external shocks and improve the contingency and dynamic capabilities of enterprises. This study uses Chinas Shanghai and Shenzhen A-share listed companies as the research sample to examine the preventive value of firm innovation given the impact of COVID-19 and verifies the moderating effect of enterprise internal control and corporate social responsibility. The findings show a significant positive correlation between firm innovation and cumulative excess return during the event window. The moderating effect test shows that internal control and corporate social responsibility have a positive moderating effect on the relationship between firm innovation and the event window, indicating that the two can enhance the preventive value of firm innovation in light of COVID-19.
    Keywords: COVID-19;Firm innovation; Preventive value; Corporate social responsibility; Internal control; Stakeholders.

Special Issue on: The Evolution of Innovation Capability of Firms in the Asia-Pacific Region Why and How is History, and the New Era is What, Who, and When

  • Proactive environmental strategy, environmental innovation and firm performance   Order a copy of this article
    by Xiaohong Liu, Zhaokun Guo, Yu Gong 
    Abstract: This paper investigates to what extent proactive environmental strategy (PES) can enable environmental innovation, and hence firm performance. Applying the theoretical lens of organizational ambidexterity, this study develops a research framework utilizing two PESs, i.e. environmental corporate social responsibility (ECSR) and environmental disclosure; three forms of environmental innovation, i.e. exploitative environmental innovation (EiEI), exploratory environmental innovation (ErEI); and a combination of EiEI and ErEI (CmEI). To examine the proposed hypotheses, a second-hand dataset including 658 Chinese industrial firms collated between 2010 and 2019 was employed for empirical analysis. The results reveal that, EiEI and CmEI can be enabled by both ECSR and environmental disclosure, whereas ErEI is facilitated by these two PESs with some years delay. Consequently, only CmEI has a positive effect on a firms performance. The derived implications for researchers and managers are also addressed.
    Keywords: proactive environmental strategy; environmental innovation; organizational ambidexterity; environmental corporate social responsibility; environmental disclosure; firm performance.
    DOI: 10.1504/IJTM.2022.10050795
     
  • How much do green and digital service innovations matter for firm performance? Understanding the mediating role of product creativity   Order a copy of this article
    by Mengmeng Wang 
    Abstract: The sudden outbreak of the COVID-19 pandemic has not only disrupted the worlds economy but has also profoundly changed the internal and external circumstances of its development. Amid this crisis, green and digital service innovations have increasingly become two key factors in sustainable development. Firms have become increasingly committed to meeting consumers growing demand for low-carbon sustainable development. For instance, they have enhanced their engagement in green and digital service innovations. Thus, this research theorizes and empirically examines the relationships among green and digital service innovations, product creativity, and firm performance. More specifically, I attempt to examine whether and how the two strategies affect product creativity in enhancing firm performance. I further consider product creativity to have two specific dimensions, namely, product effectiveness and novelty. Then, I explore how these dimensions contribute to the improvement of firm performance. More importantly, I provide an in-depth understanding of the roles of product effectiveness and novelty in mediating the potential effects of green and digital innovations on firm performance. The study provides insights to management scholars and offers practical guidelines on managerial actions that practicing managers can implement to understand and undertake service innovations in their new product development better.
    Keywords: green service innovation; digital service innovation; creativity; firm performance; China.