Exploring the Effects of Multi-Governance Mechanisms throughout the Dynamic Evolution of the Cooperative Innovation Network
Jiaxin Wang,
Qinghong Xie () and
Xinyu Geng
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Jiaxin Wang: School of Business, Changzhou University, Changzhou 211130, China
Qinghong Xie: Department of Circulation Economics, Institute of Western China Economic Research, Southwestern University of Finance and Economics, Chengdu 611130, China
Xinyu Geng: School of Business, Changzhou University, Changzhou 211130, China
Sustainability, 2024, vol. 16, issue 5, 1-27
Abstract:
The sustainable evolution of cooperative innovation networks is determined to a great extent by the effectiveness of their governance mechanisms. In this study, we draw from social network and stakeholder theories to emphasize two types of mechanisms that coordinate cooperative innovation: the internal drivers of transitivity and status, which are endogenous mechanisms of network embeddedness, and the external drivers of association autonomy, industrial policy support, and institutional environment establishment, which are the governing effects of external stakeholders. We constructed cooperative innovation networks using a dataset on joint applications for patents in China’s electronics information industry during 2006–2018 and applied a Stochastic Actor-Oriented Model (SAOM) for analytical purposes. The findings show that as networks evolve, the effect of transitivity on cooperative innovation first slightly decreases and then intensifies. The influence of status and industrial policy support intensifies first and then weakens. The impact of association autonomy remains stable, and institutional environment establishment on cooperative innovation intensifies. We also provide theoretical and managerial implications for the dynamic evolution of cooperative innovation networks.
Keywords: cooperative innovation network; network endogenous mechanisms; stakeholder governance mechanisms; network evolution (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:16:y:2024:i:5:p:2002-:d:1348072
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