Technological Innovation Through Complex Networks: a Study of 100 Listed Companies on China’s Growth Enterprise Market

Lubang Wang (), Shuping Lin, Mingliang Zhang, Jia Ding and Liqin Zhang
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Lubang Wang: Ningbo University of Finance and Economics
Shuping Lin: Ningbo University of Finance and Economics
Mingliang Zhang: Ningbo University of Finance and Economics
Jia Ding: Ningbo University of Finance and Economics
Liqin Zhang: Ningbo University of Finance and Economics

Journal of the Knowledge Economy, 2025, vol. 16, issue 2, No 14, 6200-6247

Abstract: Abstract This research paper delves into the intricate landscape of technological innovation within the China A-share Growth Enterprise Market, encompassing 1280 enterprises, including 100 constituent organizations. Acknowledging the pivotal role of technological innovation in driving corporate growth, we scrutinize the multifaceted interplay between various technology types, organizational frameworks, and innovation processes. Contrary to conventional wisdom, our study unveils a nonlinear pattern, represented as an inverted U-shape, in the relationship between internal technological diversity and technological innovation. It underscores the significance of maintaining a balanced level of technological diversity, as excessive diversity hinders effective communication and stifles innovation. Furthermore, this research highlights the substantial impact of organizational structure layout and microstructure gaps in enhancing the effect of technological heterogeneity on innovation. Optimizing organizational structures and managing microstructure gaps can significantly boost overall innovation capacity. Practical implications suggest strategic actions, such as talent acquisition and patent management, to promote a harmonious mix of technologies while cautioning against excessive diversity. Moreover, the study emphasizes the importance of flexible organizational frameworks in maximizing the link between technological diversity and innovation. While acknowledging its limitations, this research contributes significantly to theoretical understanding by challenging existing assumptions and enriching the theoretical framework. It also offers invaluable practical insights for fostering technological innovation within businesses, aiding managers in navigating the delicate balance between heterogeneity and coherence, and making informed strategic decisions to drive corporate growth. This study’s policy recommendations provide a practical framework for creating and executing efficient organizational policies aligned with recognized patterns and dynamics, contributing to broader discussions on policy implications for innovation-driven enterprises.

Keywords: Technology innovation; Technological heterogeneity; Organizational structure; Innovation patterns; Environmental factors; ChiNext board (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s13132-024-01798-z

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