The advancement of digital innovation requires a distinctive organizational structure,different from those for non-digital innovation.The research literature,however,has confused appropriate forms of organization for ...The advancement of digital innovation requires a distinctive organizational structure,different from those for non-digital innovation.The research literature,however,has confused appropriate forms of organization for digital innovation with those for non-digital innovation.Organizational heterogeneity,which is often overlooked in research on digital innovation,determines a country’s core digital competencies.From a holistic perspective of corporate organization,industrial organization and innovation system,this study has identified the unique organizational structure for digital innovation in China by comparing organizational structures for digital and non-digital innovations.In terms of corporate organization,Chinese companies have intensified internal competition and cooperation to incentivize digital innovation in areas with mid-and short-term goals of profitability.In terms of industrial organization,multi-platform enterprises and diverse use cases may enhance economies of range and multi-path exploration of digital innovation.In terms of innovation system,administrative intervention in specific domains of the digital economy may help to shape expectations of innovation entities and coordinate their behaviors.展开更多
The market economic system is an economic system of corporate organizations. China＇s sustained and rapid economic development over the past four decades of reform and opening-up was supported by the emergence of its ...The market economic system is an economic system of corporate organizations. China＇s sustained and rapid economic development over the past four decades of reform and opening-up was supported by the emergence of its business community. During this period, China＇s corporate organizations increased, expanded and developed from strength to strength, serving as a solid micro-level basis for the prosperity of the socialist market economic system. Having achieved significant progress, China＇s corporate ownership restructuring led to the common development of enterprises with various forms of ownership. An institutional factor that undergirded corporate prosperity was China＇s choice of a corporate system characterized by the interplay between market competition and government administration. How China＇s corporate organizational system will evolve in the future is determined by（1） how efficiency varies among firms with different ownership systems, and（2） external institutional pressures facing firms in their rapid internationalization process.展开更多
文摘The advancement of digital innovation requires a distinctive organizational structure,different from those for non-digital innovation.The research literature,however,has confused appropriate forms of organization for digital innovation with those for non-digital innovation.Organizational heterogeneity,which is often overlooked in research on digital innovation,determines a country’s core digital competencies.From a holistic perspective of corporate organization,industrial organization and innovation system,this study has identified the unique organizational structure for digital innovation in China by comparing organizational structures for digital and non-digital innovations.In terms of corporate organization,Chinese companies have intensified internal competition and cooperation to incentivize digital innovation in areas with mid-and short-term goals of profitability.In terms of industrial organization,multi-platform enterprises and diverse use cases may enhance economies of range and multi-path exploration of digital innovation.In terms of innovation system,administrative intervention in specific domains of the digital economy may help to shape expectations of innovation entities and coordinate their behaviors.
文摘The market economic system is an economic system of corporate organizations. China＇s sustained and rapid economic development over the past four decades of reform and opening-up was supported by the emergence of its business community. During this period, China＇s corporate organizations increased, expanded and developed from strength to strength, serving as a solid micro-level basis for the prosperity of the socialist market economic system. Having achieved significant progress, China＇s corporate ownership restructuring led to the common development of enterprises with various forms of ownership. An institutional factor that undergirded corporate prosperity was China＇s choice of a corporate system characterized by the interplay between market competition and government administration. How China＇s corporate organizational system will evolve in the future is determined by（1） how efficiency varies among firms with different ownership systems, and（2） external institutional pressures facing firms in their rapid internationalization process.
