Supply chain integration and innovation performance of manufacturing firms: The moderating role of research and development investment intensity
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View abstract on PubMed
Summary
This summary is machine-generated.Internal supply chain integration boosts corporate innovation. However, customer and supplier integration can hinder it, with R&D investment playing a key moderating role. Firm characteristics also influence these effects.
Area Of Science
- Business and Management
- Economics
Background
- Supply chain integration is crucial for business success.
- Understanding its impact on innovation performance is vital for firms.
- The moderating role of R&D investment requires further investigation.
Purpose Of The Study
- To analyze the impact of supply chain integration on corporate innovation performance.
- To explore the moderating role of R&D investment.
- To examine heterogeneity effects based on ownership and equity concentration.
Main Methods
- Panel data analysis of 1,038 Chinese manufacturing firms (2012-2021).
- Statistical analysis of internal, customer, and supplier integration.
- Heterogeneity analysis based on firm ownership and equity concentration.
Main Results
- Internal integration positively impacts innovation performance.
- Customer and supplier integration show negative effects on innovation.
- R&D investment mitigates negative impacts and positively moderates customer integration effects.
- State-owned enterprises and firms with high equity concentration benefit more from internal integration.
Conclusions
- Different dimensions of supply chain integration have varied effects on innovation.
- R&D investment is a critical factor in moderating these relationships.
- Firm-specific characteristics significantly influence the supply chain integration-innovation nexus.
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