Industrial agglomeration and innovation performance under the background of open innovation: evidence from chinese high-tech industries
Hang Wu
Abstract
Hang Wu
Abstract
Industrial agglomeration plays a critical role on the innovation of high-tech industries.Under the background of open innovation,this paper studies 221 samples of the high-tech industries in China and examines the relationship between industrial agglomeration and innovation performance based on the theory of agglomeration economies,resource-based view and institutional theory.The results show that the impact of industrial agglomeration on innovation is dependent on the degree of agglomeration.In lower degree,specialization agglomeration is positive to innovation and diversification agglomeration restrains innovation;while in higher degree,specialization agglomeration is negative to innovation and diversification agglomeration promotes innovation.In addition,open innovation can effectively improve the impact of diversification agglomeration on industrial innovation.
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Industrial agglomeration plays a critical role on the innovation of high-tech industries.Under the background of open innovation,this paper studies 221 samples of the high-tech industries in China and examines the relationship between industrial agglomeration and innovation performance based on the theory of agglomeration economies,resource-based view and institutional theory.The results show that the impact of industrial agglomeration on innovation is dependent on the degree of agglomeration.In lower degree,specialization agglomeration is positive to innovation and diversification agglomeration restrains innovation;while in higher degree,specialization agglomeration is negative to innovation and diversification agglomeration promotes innovation.In addition,open innovation can effectively improve the impact of diversification agglomeration on industrial innovation.
Key concepts: Economies of agglomeration, Diversification (marketing strategy), Economic geography, Business, Industrial organization, China, Resource (disambiguation), Economics