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The Influence of the Knowledge-Based Network Structure Hole on Enterprise Innovation Performance: The Threshold Effect of R&D Investment Intensity

Author

Listed:
  • Jiajia Hao

    (School of Economics and Management, Yanshan University, Qinhuangdao 066004, China)

  • Chunling Li

    (School of Economics and Management, Yanshan University, Qinhuangdao 066004, China)

  • Runsen Yuan

    (School of Economics and Management, Yanshan University, Qinhuangdao 066004, China)

  • Masood Ahmed

    (Lee Kuan Yew School of Public Policy, National University of Singapore, Kent Ridge, 469C Bukit Timhah Road, Singapore 259772, Singapore
    Faculty of Management Sciences, Department of Commerce, University of Kotli, Azad Jammu and Kashmir, City Kotli 11100, Pakistan)

  • Muhammad Asif Khan

    (Faculty of Management Sciences, Department of Commerce, University of Kotli, Azad Jammu and Kashmir, City Kotli 11100, Pakistan)

  • Judit Oláh

    (Institute of Applied Informatics and Logistics, Faculty of Economics and Business, University of Debrecen, 4032 Debrecen, Hungary
    TRADE Research Entity, North-West University, Vanderbijlpark 1900, South Africa)

Abstract

The purpose of innovation is to consume fewer natural resources in order to create sustainable performance; therefore, innovation can ease the pressure of the ecological load and promote the sustainable development of the economy. Taking the 269 enterprises listed on the main board of the electronic information industry from 2010 to 2019 as samples, using the threshold panel data model, the nonlinear relationship between the knowledge-based network structure hole and the short-term and long-term innovation performance of the enterprises were studied, and the threshold effect of R&D investment intensity was discussed. When the R&D investment intensity is from 1.96% to 15.96%, the knowledge-based network structure hole has a significant positive impact on short-term innovation performance. When the R&D investment intensity is from 5.72% to 10.64%, the knowledge-based network structure hole has a significant positive effect on long-term innovation performance. Lower R&D investment intensity can make the knowledge-based network structure hole promote the increase of short term innovation performance, but to make the knowledge-based network structure hole have a positive impact on long term innovation performance, the R&D investment intensity should be increased by more than 5.72%. When R&D investment intensity is not higher than 15.96%, the knowledge-based network structure hole has a significant positive impact on short term innovation performance, but to make the knowledge-based network structure hole maintain the positive effect on long term innovation performance, R&D investment intensity should not exceed 10.64%. Therefore, enterprises should be guided to optimize the knowledge-based network structure according to the R&D investment intensity in order to improve the short term and long-term innovation performance of an enterprise. These research results can help enterprises to save resources and promote the sustainable development of the economy.

Suggested Citation

  • Jiajia Hao & Chunling Li & Runsen Yuan & Masood Ahmed & Muhammad Asif Khan & Judit Oláh, 2020. "The Influence of the Knowledge-Based Network Structure Hole on Enterprise Innovation Performance: The Threshold Effect of R&D Investment Intensity," Sustainability, MDPI, vol. 12(15), pages 1-17, July.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:15:p:6155-:d:392335
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