Abstract
The impact of strategic emerging industries alliance innovation network on firm innovation capability has been paid great attention by firms and academia. Supported by the social network analysis theory and method, we take the listed companies network embedded in the strategic emerging industries as an example, and use negative binomial regression to study the impact of network embeddedness on firm innovation capability. The empirical results show the firms embedded in alliance networks with better betweenness centrality will have greater innovative output in one or two years later; the liner relationship between the whole network density and the innovation ability is not obvious, but has a significant inverted U type effect, in other words, the firms embedded in alliance network with moderately dense connection will have greater innovative output. These conclusions will provide new scientific basis for firms to develop alliance activities and for relevant government departments to make alliance policies.
Highlights
In recent years,strategic emerging industries has become an important force to achieve growth in downward pressure on the economy in China,the extensive alliance activities among firms have become an effective way for firms to improve their technological innovation capability and enhance their core competitiveness
On the one hand our conclusions provide a theoretical support for the listed companies in the strategic emerging industries to embed what kind of network and how to embed the network to obtain more innovative output, on the other hand our conclusions provide a theoretical basis for the relevant government departments to develop strategic emerging industry alliance policy in order to promote the development of the industry better
Since the economic sociologist has put forward the idea that individual behavior is embedded in social network (Granovetter, 1984), scholars have conducted extensive research on the network embeddedness of individual behavior based on the perspective of social network, formed such as the structural hole theory, social capital theory, weak ties theory and so on
Summary
In recent years,strategic emerging industries has become an important force to achieve growth in downward pressure on the economy in China,the extensive alliance activities among firms have become an effective way for firms to improve their technological innovation capability and enhance their core competitiveness. We are based on the theory of social network analysis,used the listed firms network embedded in the strategic emerging industry alliance innovation as an example,analyzed the relationship between network embeddedness and innovation capability. The reason for choosing the listed companies as the object of analysis is to eliminate the influence of the heterogeneity of capital scale on the firm innovation capability. On the one hand our conclusions provide a theoretical support for the listed companies in the strategic emerging industries to embed what kind of network and how to embed the network to obtain more innovative output, on the other hand our conclusions provide a theoretical basis for the relevant government departments to develop strategic emerging industry alliance policy in order to promote the development of the industry better
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