IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v55y2023ipas1544612323002891.html
   My bibliography  Save this article

The impact of innovation openness on innovation performance of manufacturing corporates –Moderating effect based on knowledge reorganization

Author

Listed:
  • Wang, Xuemei
  • Han, Xu
  • Li, Huimin

Abstract

Using 757 listed corporates of China's manufacturing industry from 1995 to 2019, we explore the relationship between open innovation, knowledge reorganization and innovation performance. We find open innovation, knowledge reorganization and creation as well as knowledge reorganization and reuse all have an inverted U-shaped relationship with innovation performance; knowledge reorganization and reuse inhibit the inverted U-shaped relationship between open innovation and innovation performance, which weaken the innovation performance of corporates in moderate open innovation and correct the lowered innovation efficiency caused by excessive open innovation. Corporates can improve innovation performance by adjusting and optimizing the relationship between open innovation and knowledge reorganization.

Suggested Citation

  • Wang, Xuemei & Han, Xu & Li, Huimin, 2023. "The impact of innovation openness on innovation performance of manufacturing corporates –Moderating effect based on knowledge reorganization," Finance Research Letters, Elsevier, vol. 55(PA).
    • Handle: RePEc:eee:finlet:v:55:y:2023:i:pa:s1544612323002891
    DOI: 10.1016/j.frl.2023.103917
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612323002891
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.frl.2023.103917?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Maurizio Zollo & Jeffrey J. Reuer & Harbir Singh, 2002. "Interorganizational Routines and Performance in Strategic Alliances," Organization Science, INFORMS, vol. 13(6), pages 701-713, December.
    2. Kash, Don E. & Rycoft, Robert W., 2000. "Patterns of innovating complex technologies: a framework for adaptive network strategies," Research Policy, Elsevier, vol. 29(7-8), pages 819-831, August.
    3. Strumsky, Deborah & Lobo, José, 2015. "Identifying the sources of technological novelty in the process of invention," Research Policy, Elsevier, vol. 44(8), pages 1445-1461.
    4. Ovuakporie, Oghogho Destina & Pillai, Kishore Gopalakrishna & Wang, Chengang & Wei, Yingqi, 2021. "Differential moderating effects of strategic and operational reconfiguration on the relationship between open innovation practices and innovation performance," Research Policy, Elsevier, vol. 50(1).
    5. Hutton, Steven & Demir, Robert & Eldridge, Stephen, 2021. "How does open innovation contribute to the firm's dynamic capabilities?," Technovation, Elsevier, vol. 106(C).
    6. Oliver Alexy & Joel West & Helge Klapper & Markus Reitzig, 2018. "Surrendering control to gain advantage: Reconciling openness and the resource‐based view of the firm," Strategic Management Journal, Wiley Blackwell, vol. 39(6), pages 1704-1727, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wang, Jianquan & Xue, Zifan & Gong, Fan, 2024. "Examining the Mechanism of Political Knowledge on Radical Innovation Performance," Finance Research Letters, Elsevier, vol. 60(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ogink, Ruben H.A.J. & Goossen, Martin C. & Romme, A. Georges L. & Akkermans, Henk, 2023. "Mechanisms in open innovation: A review and synthesis of the literature," Technovation, Elsevier, vol. 119(C).
    2. Xu, Luyun & Zeng, Deming, 2021. "When does the diverse partnership of R&D alliances promote new product development? The contingent effect of the knowledge base," Technology in Society, Elsevier, vol. 65(C).
    3. Vasi, Melissa & Sansone, Giuliano & English, Vincent, 2024. "Exogenous crises and SMEs resilience: The Dynamic Open Innovation Funnel," Technovation, Elsevier, vol. 129(C).
    4. Zahoor, Nadia & Adomako, Samuel, 2023. "Be open to failure: Open innovation failure in dynamic environments," Technological Forecasting and Social Change, Elsevier, vol. 193(C).
    5. Carolina Rojas-Córdova & Amanda J. Williamson & Julio A. Pertuze & Gustavo Calvo, 2023. "Why one strategy does not fit all: a systematic review on exploration–exploitation in different organizational archetypes," Review of Managerial Science, Springer, vol. 17(7), pages 2251-2295, October.
    6. Alessandri, Enrico, 2023. "Identifying technological trajectories in the mining sector using patent citation networks," Resources Policy, Elsevier, vol. 80(C).
    7. Scaringella, Laurent & Burtschell, François, 2017. "The challenges of radical innovation in Iran: Knowledge transfer and absorptive capacity highlights — Evidence from a joint venture in the construction sector," Technological Forecasting and Social Change, Elsevier, vol. 122(C), pages 151-169.
    8. Lee, Changyong & Jeon, Daeseong & Ahn, Joon Mo & Kwon, Ohjin, 2020. "Navigating a product landscape for technology opportunity analysis: A word2vec approach using an integrated patent-product database," Technovation, Elsevier, vol. 96.
    9. Jiang, Cuiqing & Zhou, Yiru & Chen, Bo, 2023. "Mining semantic features in patent text for financial distress prediction," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    10. Bouncken, Ricarda B. & Ratzmann, Martin & Kraus, Sascha, 2021. "Anti-aging: How innovation is shaped by firm age and mutual knowledge creation in an alliance," Journal of Business Research, Elsevier, vol. 137(C), pages 422-429.
    11. Mayer-Haug, Katrin & Read, Stuart & Brinckmann, Jan & Dew, Nicholas & Grichnik, Dietmar, 2013. "Entrepreneurial talent and venture performance: A meta-analytic investigation of SMEs," Research Policy, Elsevier, vol. 42(6), pages 1251-1273.
    12. Dirk Fornahl & Nils Grashof & Alexander Kopka, 2021. "Do not neglect the periphery?! - the emergence and diffusion of radical innovations," Bremen Papers on Economics & Innovation 2102, University of Bremen, Faculty of Business Studies and Economics.
    13. Lingyan Meng & Md Qamruzzaman & Anass Hamad Elneel Adow, 2021. "Technological Adaption and Open Innovation in SMEs: An Strategic Assessment for Women-Owned SMEs Sustainability in Bangladesh," Sustainability, MDPI, vol. 13(5), pages 1-22, March.
    14. Bouncken, Ricarda B. & Fredrich, Viktor & Kraus, Sascha & Ritala, Paavo, 2020. "Innovation alliances: Balancing value creation dynamics, competitive intensity and market overlap," Journal of Business Research, Elsevier, vol. 112(C), pages 240-247.
    15. José Lobo & Deborah Strumsky, 2019. "Sources of inventive novelty: two patent classification schemas, same story," Scientometrics, Springer;Akadémiai Kiadó, vol. 120(1), pages 19-37, July.
    16. Khorshed Alam & Mohammad Afshar Ali & Michael Erdiaw-Kwasie & Md Shahiduzzaman & Eswaran Velayutham & Peter A. Murray & Retha Wiesner, 2022. "Impact of ICTs on Innovation and Performance of Firms: Do Start-ups, Regional Proximity and Skills Matter?," Sustainability, MDPI, vol. 14(10), pages 1-18, May.
    17. Effelsberg, Martin, 2011. "Wissenstransfer in Innovationskooperationen: Ergebnisse einer Literaturstudie zur "Absorptive Capacity"," Arbeitspapiere 107, University of Münster, Institute for Cooperatives.
    18. Radomska Joanna & Hajdas Monika & Wołczek Przemysław & Glinka Beata, 2023. "Wide open? Creative industries and open strategizing challenges," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 59(2), pages 117-136, June.
    19. Heimeriks, K. & Duysters, G.M. & Vanhaverbeke, W.P.M., 2004. "The evolution of alliance capabilities," Working Papers 04.20, Eindhoven Center for Innovation Studies.
    20. Wang, Nan & Wan, Jiahao & Ma, Zhenzhong & Zhou, Yan & Chen, Jin, 2023. "How digital platform capabilities improve sustainable innovation performance of firms: The mediating role of open innovation," Journal of Business Research, Elsevier, vol. 167(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finlet:v:55:y:2023:i:pa:s1544612323002891. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/frl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.