The Impact of Control and Innovation Capabilities on Performance in a Platform Ecosystem: An Assessment of Chinese Firms

Qiaohong Pan, Wenping Luo () and Benjamin Ohene Kwapong Baffoe
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Qiaohong Pan: Zhejiang Wanli University
Wenping Luo: Shanghai Maritime University
Benjamin Ohene Kwapong Baffoe: Shanghai Beiye New Brother Supply Chain Management Co., Ltd.

Journal of the Knowledge Economy, 2024, vol. 15, issue 3, No 100, 12783-12808

Abstract: Abstract Attracting considerable attention in both academia and industry, control in a digital platform ecosystem continues to serve as an important mechanism for innovation. However, the relationship between control, innovation capabilities, and performance is unclear. Probing further on this gap, survey data of 386 Chinese platform enterprises and a partial least square structural equation model (PLS-SEM) were employed to empirically analyze the impact and effects found in a platform ecosystem. The analyzed results support the proposed hypotheses; thus, outcome and informal control factors positively impact incremental innovation capability, while behavior control in a platform ecosystem significantly impacts radical innovation capability. The results also show that the influence of incremental innovation capability on financial performance is significant, and the influence of radical innovation capability on market performance is favorable. This study provides insight for platform managers to make platform ecosystem control mechanisms consistent with their innovation to improve performance.

Keywords: Platform ecosystem; Platform ecosystem control; Innovation capability; PLS-SEM; Chinese firms (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s13132-023-01478-4

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