Environmental dynamism and cooperative innovation: the moderating role of state ownership and institutional development

Xincheng Wang (), Jide Sun, Longwei Tian (), Wenjia Guo and Tianyu Gu
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Xincheng Wang: Shanghai Jiao Tong University
Jide Sun: Tongji University
Longwei Tian: Shanghai Jiao Tong University
Wenjia Guo: Shanghai Jiao Tong University
Tianyu Gu: Shanghai Jiao Tong University

The Journal of Technology Transfer, 2021, vol. 46, issue 5, No 4, 1344-1375

Abstract: Abstract Taking a strategic fit perspective, we investigate the relationships between task environment (environmental dynamism), institutional environment (state ownership and institutional development), and innovation strategy (cooperative strategy) in the context of China. Using a longitudinal data set of Chinese manufacturing firms from 2012 to 2017, we confirm that environmental dynamism positively drives firms’ decisions to cooperate for innovation. This driving effect is stronger for state-owned firms and firms located in regions with limited developed institutions. Overall, no one-size-fits-all innovation strategy exists, and the appropriateness of a strategy depends on the coalignment of a series of external and internal factors. The theoretical and practical implications of this finding are explored.

Keywords: Cooperative innovation strategy; Task and institutional environment; Strategic fit (search for similar items in EconPapers)
JEL-codes: O32 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (4)

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DOI: 10.1007/s10961-020-09822-5

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