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Open innovation knowledge management in transition to market economy: integrating dynamic capability and institutional theory
Economics of Innovation and New Technology ( IF 2.213 ) Pub Date : 2020-11-19 , DOI: 10.1080/10438599.2020.1841942
Hien Thu Tran 1 , Enrico Santarelli 2 , William X. Wei 3
Affiliation  

ABSTRACT

This study provides a theoretical framework and empirical evidence to argue that a knowledge management process under the open innovation paradigm brings a viable solution for firms, especially those in transition economies, to acquire valuable knowledge-based dynamic capabilities to respond to environmental changes and achieve desirable organizational performance. These knowledge-based capabilities in turn enable firms to enhance their economic performance in terms of productivity and profitability. Dynamic capabilities act as an intermediary that bridges firms’ open innovation efforts and their economic realization. Local institutional quality plays an important moderating role in this process. Micro-sized firms have not consistently obtained the expected economic benefits from their open innovation efforts, which require more policy attention. For empirical evidence, we consider a comprehensive range of measures for open innovation and dynamic capabilities. Our proposed hypotheses are tested in a set of seemingly unrelated equations by combining two datasets from the Vietnam SME survey and the Provincial Competitiveness Index survey. As a robustness check, we estimate the performance equation applying fixed-effect regression and one-year lag structure.



中文翻译:

向市场经济转型的开放式创新知识管理:动态能力与制度理论的结合

摘要

本研究提供了一个理论框架和经验证据,证明开放式创新范式下的知识管理过程为公司,尤其是转型经济体的公司,提供了一个可行的解决方案,以获得有价值的基于知识的动态能力,以应对环境变化并实现理想的目标。组织绩效。这些以知识为基础的能力反过来又使公司能够在生产力和盈利能力方面提高其经济绩效。动态能力充当连接企业开放式创新努力和经济实现的中介。地方制度质量在这一过程中起着重要的调节作用。微型企业并没有始终如一地从其开放式创新努力中获得预期的经济利益,这需要更多的政策关注。对于经验证据,我们考虑了一系列针对开放式创新和动态能力的衡量标准。通过结合来自越南中小企业调查和省竞争力指数调查的两个数据集,我们提出的假设在一组看似无关的方程中进行了测试。作为稳健性检查,我们估计了应用固定效应回归和一年滞后结构的性能方程。

更新日期:2020-11-19
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