 Network capital, exploitative and exploratory innovations——from the perspective of network dynamicsZhengang Zhang and Taiye Luo Technological Forecasting and Social Change, 2020, vol. 152, issue C Abstract: Taking the patent data in the field of nano energy from 2000 to 2018 as an example, this paper divides organizations’ network capital into four dimensions (i.e., knowledge combinatorial capacity, knowledge stocks, technological distance and network efficiency) and uses Stochastic Actor-Oriented Models to test the relationships between the four dimensions of network capital, exploratory innovation, and exploitative innovation. We found that exploratory innovation and exploitative innovation could be supportive of each other. Organizations’ knowledge combinatorial capacity has a positive effect on exploitative innovation, but a negative effect on exploratory innovation. Both knowledge stocks and technological distance have inverted U-shaped relationships with exploratory innovation and exploitative innovation. Network efficiency has a positive impact on exploratory innovation and an inverted U-shaped relationship with exploitative innovation. Keywords: Network capital; Exploitative innovation; Exploratory innovation; Stochastic Actor-Oriented Models (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:152:y:2020:i:c:s004016251930856x DOI: 10.1016/j.techfore.2020.119910 Access Statistics for this article Technological Forecasting and Social Change is currently edited by Fred Phillips More articles in Technological Forecasting and Social Change from Elsevier |
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