| The transformation of industrial structure and the development of digital economy have led to profound changes in the business environment faced by enterprises.The resources owned by enterprises are no longer sufficient to meet the needs of innovation,and more and more enterprises have begun to turn to open innovation mode to create competitive advantages.Open innovation builds a bridge of communication between enterprises and external organizations,helps enterprises break through their own boundaries to obtain external resources,integrates into value chain innovation,promotes enterprises to adjust their R&D activities,and then affects enterprise performance.Based on this,there is a mediating path in the influence of the implementation of open innovation on the performance of enterprises.At the same time,the situational factor of learning ability can also have an impact on the above process.Although previous research results have involved the relationship between open innovation and firm performance,the demonstration of the mediating path of open innovation affecting firm performance is still insufficient and empirical analysis from statistical data is lacking.The research on the internal mechanism of the open innovation model and related factors is of great importance for enterprises to achieve value creation under the background of new economy,which has profound theoretical value and practical significance.This paper takes listed companies in the manufacturing industry of Shanghai and Shenzhen A-shares from 2013 to 2021 as the research object.Based on resource-based theory,synergy theory and knowledge-based view,A moderated mediation model is constructed and the following issues are studied by multiple regression analysis:(1)Will the impact of the implementation of open innovation on the performance of enterprises occur through the adjustment of R&D activities?(2)As a situational factor,does firm learning ability affect the relationship between open innovation and R&D activity adjustment and performance?The research of this paper finds that the implementation of open innovation provides a channel for enterprises to obtain external resources,and promotes enterprises to produce more valuable innovation results,so as to significantly improve enterprise performance.At the same time,through the implementation of open innovation of the external resources to a certain extent,reduce the uncertainty of the risk faced by enterprises in the research and development activities,to reduce the development costs of enterprises,therefore,enterprises have relatively strong willingness and ability to speed up the development adjustment,shorten the development cycle,achieve the effect of the increased performance.The mediating effect of R&D adjustment speed on the relationship between open innovation and firm performance.In addition,the effect of the implementation of open innovation on the speed of R&D adjustment and the improvement of enterprise performance is different in enterprises with different learning abilities.This study reveals the mechanism of the effect of open innovation on firm performance,deepens the academic discussion on the relationship between them,enriches the relevant literature on open innovation and firm R&D,and provides a theoretical basis for enterprises to implement open innovation strategies and improve performance. |
