The Effect of Openness and Absorptive Capacity of Leading Firms on Innovation Performance: A Perspective of Innovation Ecosystem
Bing Sun, Xiaofei Xu, Xudong Wan
Abstract
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Bing Sun, Xiaofei Xu, Xudong Wan
Abstract
Open-access reader
Based on the perspective of innovation ecosystem, the paper studies the relationships between openness and absorptive capacity of leading firms', and how they make effects on innovation performance.Based on a survey of 126 high-tech firms' in China, we found both the openness and absorptive capacity have a positive impact on innovation performance.A finding shows that the scope of openness is wider, the knowledge acquisition capability contributes more to the innovation performance; also, the depth of openness is deeper, the knowledge exploitation capability is more helpful to improve the innovation performance.
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Based on the perspective of innovation ecosystem, the paper studies the relationships between openness and absorptive capacity of leading firms', and how they make effects on innovation performance.Based on a survey of 126 high-tech firms' in China, we found both the openness and absorptive capacity have a positive impact on innovation performance.A finding shows that the scope of openness is wider, the knowledge acquisition capability contributes more to the innovation performance; also, the depth of openness is deeper, the knowledge exploitation capability is more helpful to improve the innovation performance.
Key concepts: Openness to experience, Absorptive capacity, Scope (computer science), Business, Industrial organization, Perspective (graphical), Open innovation, Knowledge management