How firms’ openness promotes radical innovation performance: The joint interaction effects of political ties and business ties,Journal of Engineering and Technology Management

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How firms’ openness promotes radical innovation performance: The joint interaction effects of political ties and business ties
Journal of Engineering and Technology Management ( IF 4.8 ) Pub Date : 2022-09-10 , DOI: 10.1016/j.jengtecman.2022.101705
Chun-Hsien Wang

This study investigates the role of openness to innovation knowledge sources in driving firms’ radical innovation. First, we develop a theoretical model that predicts how political ties and business ties can be used by firms as a complementary mechanism to capitalize on their preferential resources. This complementary mechanism is more effective than relying on a single kind of tie. Moreover, using Chinese firm-level data, we find that openness has a curvilinear relationship with firms’ radical innovation performance. Second, we show that the joint interaction effects of political ties and business ties significantly influence firms’ openness to engaging in radical innovation.

更新日期：2022-09-10

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