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The Impact of Social Resources on The Dual Innovation of Small and Micro Cultural Enterprises

In: Proceedings of the 2024 6th International Conference on Economic Management and Model Engineering (ICEMME 2024)

Author

Listed:
  • Hui Tang

    (Sichuan Normal University, School of Economics and Management)

  • Ping Xu

    (Sichuan Normal University, School of Economics and Management)

  • Christopher Gan

    (Lincoln University, Department of Financial and Business System)

Abstract

The research investigates the influence of social resources on dual innovation (exploratory and exploitative) in Small and Micro Cultural Enterprises (SMCEs). The study also examines the moderating effect of environmental turbulence on the relationship between social resources and innovation. A grounded theory approach involving interviews with executives from 12 SMCEs was used to develop a conceptual model of “Social Resources Influencing Innovation in SMCEs.” Our empirical analysis based on data from over 300 SMCEs shows that social resources significantly stimulate dual innovation in SMCEs. Environmental turbulence positively moderates the effect of government resources on exploratory innovation but negatively impacts the influence of other resources on exploitative innovation. Our research contributes to existing knowledge in the relevant field and provides valuable management implications for SMCE practice.

Suggested Citation

  • Hui Tang & Ping Xu & Christopher Gan, 2025. "The Impact of Social Resources on The Dual Innovation of Small and Micro Cultural Enterprises," Advances in Economics, Business and Management Research, in: Lina Zhong & Tang Yao & Chee Yoong Liew & Hongbo Li (ed.), Proceedings of the 2024 6th International Conference on Economic Management and Model Engineering (ICEMME 2024), pages 411-425, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-690-1_40
    DOI: 10.2991/978-94-6463-690-1_40
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