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The Impact of Specialized Knowledge Search on Enterprise Innovation
Xianyue Liu1,2, Zhipeng Yao1, Caixia Liu1
1Business School of Huaqiao University, Quanzhou, China.
Frontiers in Psychology
|October 25, 2021
Summary
Enterprises need external knowledge for innovation. This study shows how searching scientific, market, and supply-chain knowledge drives both sustaining and disruptive innovation, guided by managerial focus.
Area of Science:
- Business Management
- Innovation Studies
- Knowledge Management
Background:
- The traditional closed innovation model is insufficient in today's competitive market.
- Enterprises increasingly rely on external knowledge for high-performance innovation.
- Existing open innovation research lacks detail on external knowledge's impact on sustaining and disruptive innovation.
Purpose of the Study:
- To elaborate on the mechanism through which external knowledge search impacts sustaining and disruptive innovation.
- To investigate the moderating role of managerial attention in this process.
- To provide practical guidance for enterprises, especially in developing countries, to leverage external knowledge for innovation.
Main Methods:
- Categorized external knowledge search into scientific, market, and supply-chain types based on knowledge-based theory.
- Analyzed statistical results from 485 questionnaires from manufacturing enterprises.
- Incorporated the moderating effect of manager's focus of attention.
Main Results:
- External knowledge search significantly impacts both sustaining and disruptive innovation.
- The focus of attention of managers moderates the relationship between knowledge search and innovation outcomes.
- Specific mechanisms linking scientific, market, and supply-chain knowledge searches to innovation were identified.
Conclusions:
- External knowledge search is crucial for modern corporate innovation, complementing internal knowledge.
- Understanding the types of external knowledge sought and managerial focus is key to fostering innovation.
- The findings offer theoretical enrichment and practical strategies for enhancing corporate innovation through effective knowledge sourcing.
Keywords:
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