Research on the Relationship Between Innovation Openness, R&D Investment and Innovation Performance of Manufacturing Enterprises

Xu Jianzhong () and Wang Yanxia ()
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Xu Jianzhong: Harbin Engineering University
Wang Yanxia: Harbin Engineering University

A chapter in Economics and Finance Readings, 2024, pp 1-22 from Springer

Abstract: Abstract The panel data of 2,768 Shanghai and Shenzhen A-share manufacturing listed companies from 2011 to 2021 was analyzed, on the influence of innovation openness on innovation performance, the mediating effect of R&D investment and the moderating effect of innovation efficiency on R&D investment are empirically studied. The results show that innovation openness positively affects R&D investment and innovation performance. Research and development investment has a positive effect on innovation performance, and plays a partial mediating role between innovation openness and innovation performance. Meanwhile, innovation efficiency positively affects the relationship between R&D investment and innovation performance, and partially mediates the role of R&D investment in innovation openness and innovation performance.

Keywords: Innovation openness; R&D investment; Innovation efficiency; Innovation performance (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-97-3512-9_1

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DOI: 10.1007/978-981-97-3512-9_1

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