Independent Innovation or Secondary Innovation: The Moderating of Network Embedded Innovation

Bing Cao, Zishu Han, Ling Liang (), Yuanyuan Liu (), Jialiang Wang and Jiaping Xie
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Bing Cao: College of Business, Guilin University of Electronic Technology, Guilin 541004, China
Zishu Han: College of Business, Shanghai University of Finance and Economics, Shanghai 200433, China
Ling Liang: School of Management, Shanghai University of International Business and Economics, Shanghai 201620, China
Yuanyuan Liu: College of Business, Shanghai University of Finance and Economics, Shanghai 200433, China
Jialiang Wang: School of International Business, Shanghai University of International Business and Economics, Shanghai 201620, China
Jiaping Xie: College of Business, Shanghai University of Finance and Economics, Shanghai 200433, China

Sustainability, 2022, vol. 14, issue 22, 1-14

Abstract: Based on the provincial data of China’s high-tech industries from 2009 to 2019, this paper constructs a stepwise regression to analyze the effect of innovation inputs, independent and secondary innovation, and innovation value, while being mediated and moderated by innovation ability and innovation network, respectively. We found that in general, innovation inputs had a significant positive direct effect on innovation valuation: a one unit increase of independent innovation increased 0.60 units of innovation valuation, and a one unit increase of secondary innovation input increased 0.78 units of innovation valuation. Innovation ability was found to be a partial mediator for independent innovation (0.74), and a complete mediator for secondary innovation (0.90). Finally, the innovation network showed significant moderating effects in both innovation input methods. Empirical research indicates that China is entering an era shifting from secondary innovation to independent innovation, and Chinese high-tech companies should focus on independent innovation.

Keywords: independent innovation; secondary innovation; innovation network; innovation valuation (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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