Factors Influencing Collaborative Innovation Project Performance: The Case of China
Hong Liu,
Zhihua Liu,
Yongzeng Lai and
Lin Li
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Hong Liu: Business School, Hunan University, Changsha 410012, China
Zhihua Liu: Business School, Hunan University, Changsha 410012, China
Yongzeng Lai: Department of Mathematics, Wilfrid Laurier University, Waterloo, ON N2L 3C5, Canada
Lin Li: Business School, Hunan University, Changsha 410012, China
Sustainability, 2021, vol. 13, issue 13, 1-19
Abstract:
This study conducted a comprehensive and systematic investigation of the influencing factors for collaborative innovation project (CIP) performance. First, a theoretical framework model was constructed, and then a structural equation model (SEM) was used for an empirical analysis of 199 CIPs. Furthermore, we divided the factors into tangible and intangible categories and considered the impact mechanism of nine typical factors on project performance. The results are as follows: (1) All nine factors had a significant positive impact on the performance of collaborative innovation projects, among which benefit distribution and collaborative innovation capability were the most important. (2) Benefit distribution, resource dependence, organizational climate, and collaborative innovation affected project performance, both directly and indirectly. (3) Effective communication, leadership support, knowledge sharing, and collaborative innovation ability only had a direct influence, while the incentive mechanism played only an indirect role. Finally, three suggestions were put forward on the idea of high-quality, sustainable development.
Keywords: collaborative innovation project; sustainable development; project performance; influencing factors; SEM (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:13:y:2021:i:13:p:7380-:d:586760
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