Research On The Impact Of Open Innovation On Firm’s Innovation Performance

The report of the 19 th National Party Congress stated that "innovation is the primary driving force for development and the strategic support for the construction of a modern economic system." Innovation becomes a necessity for development,and the people’s growing good life requires higher demands on enterprises.Under this innovative environment,companies are faced with the situation of “survival of the fittest”,and innovation has gradually become a source of strength for the development and growth of the company.With the advent of the Internet era,a completely open and unbounded innovation model has gradually emerged,namely open innovation.Nowadays,China’s enterprises are gradually shifting the innovation model from closed innovation to open innovation,and the impact of open innovation on innovation performance is a very important part of the study.This paper adopts a combination of theoretical analysis and empirical test to conduct research,combing literature on open innovation and innovation performance,analyzing the role of open innovation in innovation performance and contextual factors,and suggesting that technological capabilities influence inbound and outbound direction.The intermediary variables,efficiency and novelty business models of open innovation have a moderating effect on the relationship between inbound and outbound open innovation.In order to verify relevant assumptions,214 questionnaires for manufacturing companies were collected,sample descriptions of the collected data were carried out,and variables were tested for reliability and validity,and regression analysis was performed.Finally,suggestions were proposed from the perspective of the company.Empirical research finds that inbound,outbound and coupled open innovation all have a significant positive effect on innovation performance,and technological capabilities have partial mediating effects on the relationship of in-bound,outbound open innovation and innovation performance.The efficiency business model has a positive moderate effect on the relationship between inbound open innovation and innovation performance,and the effect of the relationship between outbound open innovation and innovation performance is not significant,and there is a relationship between coupled open innovation and innovation performance.The novel businessmodel has a negative moderate effect on inbound open innovation and innovation performance,and has a positive moderate effect on outbound and coupled open innovations.Therefore,enterprises should make reasonable use of in-bound and out-bound open innovation,upgrade their technological capabilities,promote the transformation of open innovation to innovation performance,establish business models that suit the development of enterprises,and effectively link technological decision-making with economic output.