Obtaining sustainable competitive advantage through collaborative dual innovation: empirical analysis based on mature enterprises in eastern China

Li, Ruixue; Can, Peng; Koo, Bonwoo; Zhang, Ge; Yang, Hong

doi:10.1080/09537325.2020.1839043

Cited by 20 publications

(14 citation statements)

References 24 publications

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“…Moreover, sustainable competitive advantage has three characteristics: economic sustainability, environmental sustainability, and social sustainability, which are rooted in the intellectual capital accumulated through knowledge management (Pan et al, 2021). Organizations with a sustainable competitive advantage have the ability to constantly adapt their strategies to maintain their competitive position in a changing environment (Li et al, 2021).…”

Section: Sustainable Competitive Advantagementioning

confidence: 99%

The Role of Strategic Sensitivity in Sustainable Competitive Advantage

Hamed¹

2023

J. Professional Business Review

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Purpose: The aim of this study is to examine is to investigate the level of interest and implementation of strategic sensitivity in the General Company for the manufacture of cars and equipment and its various divisions, and how it affects the achievement of sustainable competitive advantage. Theoretical framework: The theoretical framework encompasses various relevant theories and concepts. Resource-Based View, Dynamic Capabilities, Environmental Scanning, Organizational Learning. By integrating these theoretical perspectives, the theoretical framework provides a comprehensive understanding of the role of strategic sensitivity in achieving sustainable competitive advantage. It considers the resources, capabilities, and processes that enable organizations to sense, interpret, and respond to changes in the external environment, ultimately leading to a sustainable competitive advantage. Design/methodology/approach: The research utilizes an analytical survey approach to gather data from workers within the company. A sample size of 195 individuals was selected, and a total of 129 questionnaires were retrieved, out of which 120 were valid for analysis. Findings: The results show a positive correlation between strategic sensitivity and sustainable competitive advantage. The strategic insight subvariable has been identified as having the greatest impact on sustained competitive advantage. Research, Practical & Social implications: The study contributes to understanding the role of strategic sensitivity in achieving sustainable competitive advantage. The findings provide practical recommendations for companies, such as the General Company for the Manufacture of Vehicles and Equipment, to enhance their strategic sensitivity and achieve a sustainable competitive advantage. By applying strategic sensitivity, companies can improve their sustainable competitive advantage and overall performance. Originality/value: The value of the study adds originality to the existing body of knowledge by specifically examining the relationship between strategic sensitivity and sustainable competitive advantage in the context of the General Company for the manufacture of cars and equipment.

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Section: Sustainable Competitive Advantagementioning

confidence: 99%

The Role of Strategic Sensitivity in Sustainable Competitive Advantage

Hamed¹

2023

J. Professional Business Review

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“…From the existing literature, both technological innovations of dual innovation have a positive effect on the improvement of organizational performance (Li et al, 2021 ). The strategic innovation literature also argues that dual innovation is critical to the growth of business performance (Crossan & Apaydin, 2010 ).…”

Section: Hypotheses Developmentmentioning

confidence: 99%

“…We argue that if new ventures rely on only one of the innovation activities, either exploitative or exploratory, their business risk is significantly increased and their performance is affected. Existing research suggests that when new ventures focus too much on exploitative innovation at the expense of exploratory innovation, team members tend to focus on existing knowledge and technology and rely too much on the original path to combine technology and knowledge at the expense of other more effective solutions (Li et al, 2021 ). Accordingly, this focus tends to create team members’ stereotypes and reduces the organization’s access to heterogeneous information and resources from innovation networks, which may lead to “capability rigidity” and hinder further innovation and growth of new ventures (Kiss et al, 2020 ).…”

Section: Hypotheses Developmentmentioning

confidence: 99%

The impact of entrepreneurs’ cognitive flexibility on the business performance of New Ventures: an empirical study based on Chinese New Ventures

et al. 2022

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We developed a “thinking-behavior-outcome” logical framework to explore the effect of entrepreneurs’ cognitive flexibility on dual innovation and the performance of new ventures, drawing on social cognitive theory, and collected data from a sample of 293 new ventures through a questionnaire to conduct an empirical analysis. We find that entrepreneurs’ cognitive flexibility may indirectly affect the performance of new ventures by influencing their dual innovation activities; resource management capabilities positively moderate the relationship between entrepreneurs’ cognitive flexibility and dual innovation. In addition, our study demonstrates that dual innovation equilibrium has a stronger effect on the performance of new ventures than single-dimensional innovation activities. Our study highlights the importance of entrepreneurial cognitive flexibility for new ventures to implement innovation strategies and improve performance. The findings not only help to clarify the relationship between entrepreneurs’ cognitive flexibility and new venture performance and to enrich social cognitive theory, but they also provide new perspectives on responses to enhance dual innovation capabilities of new ventures under the influence of COVID-19. Supplementary Information The online version contains supplementary material available at 10.1007/s12144-022-03532-x.

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“…Dual innovation balance refers to a balanced strategy in which enterprises give consideration to exploratory innovation and exploitative innovation and explore new capabilities while utilizing existing capabilities (Levinthal and March, 1993;Simsek et al, 2009). Organizing dual innovation includes dual innovation balance and complementarity (Cao et al, 2009;Xi et al, 2016;Li et al, 2021;Peng et al, 2020). From the perspective of open innovation, organizations introduce the theory of ambidexterity into the study of alliance construction and technology sources and balance exploratory alliance and applied alliance (Lin et al, 2007;Lavie et al, 2011), as well as the exploration of new technologies and the application of existing technologies (Rothaermel and Alexandre, 2009), all of which contribute to the improvement of organizational performance.…”

Section: Problem Description 21 Literature Reviewmentioning

confidence: 99%

“…Organizing dual innovation includes dual innovation balance and complementarity (Cao et al. , 2009; Xi et al , 2016; Li et al. , 2021; Peng et al.…”

Section: Problem Descriptionmentioning

confidence: 99%

Research on the evolutionary game of knowledge pricing in an open innovation environment: from the perspective of social dual innovation balance

Zhang

et al. 2021

APJML

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PurposeThis paper aims to find out the factors that influence the choice of dual innovation strategies in the process of knowledge pricing and transaction between first-mover and late-mover companies in an open innovation environment and also to find the key factors that affect the company's strategic choice in factors such as heterogeneous market environment, demand elasticity, exploration risk intellectual property prices and transaction cost.Design/methodology/approachThis study uses the Cournot equilibrium and Stackelberg two-stage master-slave game model to describe the evolutionary process of knowledge pricing in an open innovation environment of first-mover and late-mover companies.FindingsResearch shows that in an open innovation environment, the formation of a dual innovation strategy in the pricing process of corporate intellectual property transactions is a complex process. Changes in one-time transaction costs and changes in the inverse demand coefficient of the innovation market play the decisive role in the choice of dual innovation strategies. When the demand of the innovation market is moderate, the inverse demand coefficient of the innovation market and the one-time transaction cost has an inverted U-shaped influence relationship. As the innovation market's inverse demand coefficient and the one-time transaction cost increase at the same time, the degree of differentiation of the enterprise's dual innovation strategy choice gradually reduces; when the one-time transaction cost is the largest, the degree of strategy differentiation is minimized.Originality/valueBased on the above relationship, suggestions are made to guide enterprises in the knowledge pricing and transaction process in an open innovation environment, promote enterprises to form a dislocation development and complementary advantages in the knowledge innovation ecological chain and improve the overall innovation efficiency of the industry.

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Obtaining sustainable competitive advantage through collaborative dual innovation: empirical analysis based on mature enterprises in eastern China

Cited by 20 publications

References 24 publications

The Role of Strategic Sensitivity in Sustainable Competitive Advantage

The Role of Strategic Sensitivity in Sustainable Competitive Advantage

The impact of entrepreneurs’ cognitive flexibility on the business performance of New Ventures: an empirical study based on Chinese New Ventures

Research on the evolutionary game of knowledge pricing in an open innovation environment: from the perspective of social dual innovation balance

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