Technology Proximity Mechanism and Collaborative Innovation Orientation: How to Coordinate Multiple Subsidiaries’ Innovation Strategies?
Ben Zhang and
Xin Liu ()
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Ben Zhang: Huazhong University of Science and Technology, Hubei Province
Xin Liu: Southwest Jiaotong University, Sichuan Province
Journal of the Knowledge Economy, 2024, vol. 15, issue 1, No 28, 706-731
Abstract:
Abstract Technology proximity plays a critical role in the innovation ecosystem of an enterprise group that supports subsidiaries’ collaborative innovation. To explore the technology proximity mechanism (TPM), this study identified three characteristics of the TPM, including strategical tendency, unbalanced distribution, and hierarchical convergence, and carried out an empirical research based on the adjacency matrix of the China Railway Rolling Stock Corporation (CRRC). Through the grouped quadratic assignment procedure (QAP) regression models, this study tested the hypotheses that indicate the relationship between the local proximity networks and the overall proximity network. The research findings show that the allocation of local proximity networks is significantly associated with the subsidiaries’ coordination. Management implications drawn in this study illustrate that optimizing the network structure of technology proximity is necessary for promoting stability and sustainability of the innovation ecosystem of the enterprise group.
Keywords: Technology proximity; Enterprise group; Technology structure; Innovation ecosystem; Collaborative innovation; CRRC (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s13132-023-01100-7
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