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Environmental dynamism and cooperative innovation: the moderating role of state ownership and institutional development

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  • Xincheng Wang

    (Shanghai Jiao Tong University)

  • Jide Sun

    (Tongji University)

  • Longwei Tian

    (Shanghai Jiao Tong University)

  • Wenjia Guo

    (Shanghai Jiao Tong University)

  • Tianyu Gu

    (Shanghai Jiao Tong University)

Abstract

Taking a strategic fit perspective, we investigate the relationships between task environment (environmental dynamism), institutional environment (state ownership and institutional development), and innovation strategy (cooperative strategy) in the context of China. Using a longitudinal data set of Chinese manufacturing firms from 2012 to 2017, we confirm that environmental dynamism positively drives firms’ decisions to cooperate for innovation. This driving effect is stronger for state-owned firms and firms located in regions with limited developed institutions. Overall, no one-size-fits-all innovation strategy exists, and the appropriateness of a strategy depends on the coalignment of a series of external and internal factors. The theoretical and practical implications of this finding are explored.

Suggested Citation

  • Xincheng Wang & Jide Sun & Longwei Tian & Wenjia Guo & Tianyu Gu, 2021. "Environmental dynamism and cooperative innovation: the moderating role of state ownership and institutional development," The Journal of Technology Transfer, Springer, vol. 46(5), pages 1344-1375, October.
    • Handle: RePEc:kap:jtecht:v:46:y:2021:i:5:d:10.1007_s10961-020-09822-5
    DOI: 10.1007/s10961-020-09822-5
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    More about this item

    Keywords

    Cooperative innovation strategy; Task and institutional environment; Strategic fit;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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