Objective To provide references and suggestions for the future innovation model for traditional Chinese medicine (TCM) enterprises,and to promote the modernization and the innovative changes of these enterprises throu...Objective To provide references and suggestions for the future innovation model for traditional Chinese medicine (TCM) enterprises,and to promote the modernization and the innovative changes of these enterprises through identifying the incremental innovation and analyze how different types of complementary assets adjust the relationship between incremental innovation and enterprise performance.Methods Pooled OLS model was used to make an empirical study on the relationship between the incremental innovation and the performance of the listed TCM enterprises and the regulating effect of different types of complementary assets.Results and Conclusion As far as the current complementary assets are concerned,manufacturing-specific complementary assets and marketspecific complementary assets are positively affecting the incremental innovation of enterprise performance,while manpower-specific complementary assets do not have a regulatory role.TCM enterprises should adhere to the mode of incremental innovation and use their own complementary assets to improve enterprise performance.展开更多
Knowledge spillover via collaboration is essential to innovation,with proximity being a vital factor.Nevertheless,little consensus has been achieved on which form of proximity is more critical for innovation.Instead o...Knowledge spillover via collaboration is essential to innovation,with proximity being a vital factor.Nevertheless,little consensus has been achieved on which form of proximity is more critical for innovation.Instead of reaching a definitive conclusion,we highlight the potential of addressing the argument through the lens of innovation heterogeneity.This work thus contributes to current literature by integrating two forms of innovation,radical and incremental,into the discourse of geographical and organizational proximity in knowledge spillover via collaboration.Utilizing a dataset of patents from China’s listed firms between 2001 and 2017,we first categorize radical and incremental innovation according to the characteristics of knowledge combination,encompassing the familiarity of combined knowledge and maturity of combination ways.We further investigate the heterogenous effects of intra-region and intra-group knowledge spillovers,linked to geographical and organizational proximity in collaboration,on radical and incremental innovation.Empirical findings demonstrate that innovation relies on knowledge spillover both within groups and within regions.Moreover,intra-region spillover is essential for fostering radical innovation,while intra-group spillover only facilitates incremental innovation.Our findings provide both theoretical and practical implications,suggesting that multilocational enterprises should enhance their collaborator selection to leverage diverse knowledge spillovers,thereby fostering radical and incremental innovation in distinct ways.展开更多
文摘Objective To provide references and suggestions for the future innovation model for traditional Chinese medicine (TCM) enterprises,and to promote the modernization and the innovative changes of these enterprises through identifying the incremental innovation and analyze how different types of complementary assets adjust the relationship between incremental innovation and enterprise performance.Methods Pooled OLS model was used to make an empirical study on the relationship between the incremental innovation and the performance of the listed TCM enterprises and the regulating effect of different types of complementary assets.Results and Conclusion As far as the current complementary assets are concerned,manufacturing-specific complementary assets and marketspecific complementary assets are positively affecting the incremental innovation of enterprise performance,while manpower-specific complementary assets do not have a regulatory role.TCM enterprises should adhere to the mode of incremental innovation and use their own complementary assets to improve enterprise performance.
基金National Natural Science Foundation of China,No.42122006,No.42471187。
文摘Knowledge spillover via collaboration is essential to innovation,with proximity being a vital factor.Nevertheless,little consensus has been achieved on which form of proximity is more critical for innovation.Instead of reaching a definitive conclusion,we highlight the potential of addressing the argument through the lens of innovation heterogeneity.This work thus contributes to current literature by integrating two forms of innovation,radical and incremental,into the discourse of geographical and organizational proximity in knowledge spillover via collaboration.Utilizing a dataset of patents from China’s listed firms between 2001 and 2017,we first categorize radical and incremental innovation according to the characteristics of knowledge combination,encompassing the familiarity of combined knowledge and maturity of combination ways.We further investigate the heterogenous effects of intra-region and intra-group knowledge spillovers,linked to geographical and organizational proximity in collaboration,on radical and incremental innovation.Empirical findings demonstrate that innovation relies on knowledge spillover both within groups and within regions.Moreover,intra-region spillover is essential for fostering radical innovation,while intra-group spillover only facilitates incremental innovation.Our findings provide both theoretical and practical implications,suggesting that multilocational enterprises should enhance their collaborator selection to leverage diverse knowledge spillovers,thereby fostering radical and incremental innovation in distinct ways.
