Offensive corporate strategy and collaborative innovation

Zhilong Zhou and Di Qi

Finance Research Letters, 2023, vol. 58, issue PB

Abstract: This paper examines the relationship among offensive corporate strategy, innovation capability, and collaborative innovation. By selecting Chinese A-share listed companies from 2012 to 2021 as our sample, we present evidence that corporate strategy has a significant positive impact on corporate collaborative innovation. Firms with an offensive strategy are more inclined to collaborative R&D compared to those with defensive strategies. The strength of innovation capability exhibits significant impact on the above effects. Interestingly, the positive relationship between the two becomes more pronounced when the innovation capability is relatively weak.

Keywords: Offensive firms; Corporate strategy; Collaborative innovation; Innovation capability (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:58:y:2023:i:pb:s1544612323007869

DOI: 10.1016/j.frl.2023.104414

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