Influence of Enterprise’s Factor Inputs and Co-Opetition Relationships to Its Innovation Output

Lei Shi, Shan Gao (), Airong Xu, Kexin Zheng, Yuanpeng Ji, Xianlei Dong and Lizhi Xing ()
Additional contact information
Lei Shi: National Academy of Innovation Strategy, China Association for Science and Technology, Beijing 100038, China
Shan Gao: School of Business, Shandong Normal University, Jinan 250358, China
Airong Xu: School of Business, Shandong Normal University, Jinan 250358, China
Kexin Zheng: School of Business, Shandong Normal University, Jinan 250358, China
Yuanpeng Ji: College of Economics and Management, Beijing University of Technology, Beijing 100124, China
Xianlei Dong: School of Business, Shandong Normal University, Jinan 250358, China
Lizhi Xing: College of Economics and Management, Beijing University of Technology, Beijing 100124, China

Sustainability, 2023, vol. 15, issue 1, 1-23

Abstract: In the context of economic globalization, innovation has become a major drive for the sustainable development of enterprises, which emphasizes the importance of studying the influencing factors of enterprise innovation output. The purpose of this study is to clarify the influence mechanism of different indicators on enterprise innovation output, and then provide relevant suggestions for improving enterprise innovation ability. This paper takes 562 enterprises in Chaoyang Sub-park and Fengtai Sub-park of Zhongguancun in Beijing within the time span between 2015 and 2016 as the research objects, and constructs a comprehensive indicator system of influencing factors for enterprise innovation output from the perspective of enterprise co-opetition relationship, factor input and environmental factors. A quantitative model of innovation output and influencing factors was built and then solved, via spike-and-slab sparse function and stepwise regression, aiming at analyzing the influence of different indicators on enterprise innovation output. In addition, this paper also classifies enterprises according to their innovation level and explores the influence of indicators on different types of enterprises. The innovation of this study lies in the modeling of competition and cooperation between enterprises and the establishment of a relatively comprehensive indicator system of influencing factors for enterprise innovation output. The results show that the degree of technological collaboration between enterprises, the level of financing and the degree of capital and labor input in innovation activities have significant positive effects on enterprise innovation output. On the contrary, product and service competition, as well as capital competition, tends to have a negative impact, which urges enterprises to pay heed to the intensity of competition faced by products and services as well as the diversity of financing sources and investment targets to reduce the negative impacts. In addition, enterprises with different levels of innovation should take customized measures in terms of factor input and co-opetition relationships, in that some indicators such as network structure indicators negatively influence the innovation output of enterprises with lower levels of innovation, but has positive impacts on those with higher levels of innovation.

Keywords: innovation output; co-opetition; factor input; market environment; multi-influencing factor model (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/2071-1050/15/1/838/pdf (application/pdf)
https://www.mdpi.com/2071-1050/15/1/838/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:15:y:2023:i:1:p:838-:d:1023368

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().