Unveiling the influence of global innovation networks on corporate innovation: evidence from the international semiconductor industry
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View abstract on PubMed
Summary
This summary is machine-generated.Global innovation networks (GINs) positively impact semiconductor firm innovation. However, excessive structural holes in GINs can hinder innovation, suggesting a need for balanced network engagement for optimal results.
Area Of Science
- Economics
- Innovation Studies
- Network Science
Background
- Semiconductor firms operate in a highly competitive global market.
- Innovation output is crucial for sustained growth and market leadership in this sector.
- Understanding the role of external networks is vital for enhancing firm-level innovation.
Purpose Of The Study
- To investigate the impact of global innovation networks (GINs) on the innovation output of semiconductor firms.
- To analyze the relationship between network centrality measures and innovation performance.
- To examine the effect of structural holes within GINs on innovation outcomes.
Main Methods
- Negative binomial regression analysis.
- Network analysis techniques.
- Assessment of network positions including degree, betweenness, and closeness centrality.
Main Results
- Network positions (degree, betweenness, closeness) show significant positive impacts on innovation performance.
- A positive U-shaped relationship exists between structural holes in GINs and innovation performance.
- Moderate engagement with GINs is beneficial, but excessive engagement may be detrimental.
Conclusions
- Strategic participation in GINs can enhance semiconductor innovation.
- Firms should carefully manage their network structure to balance connectivity and autonomy.
- Optimizing GIN engagement is key for competitive advantage in the semiconductor industry.
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