How Does Circular Economy Affect Firms' Innovation Performance? The Interaction Effect of Open Innovation

被引:2
|
作者
Pan, Xiongfeng [1 ]
Yuan, Jiahong [1 ]
Mangla, Sachin Kumar [2 ]
Song, Malin [3 ]
Siranova, Lenka [4 ]
Ferraris, Alberto [5 ,6 ]
机构
[1] Dalian Univ Technol, Sch Econ & Management, Dalian 116024, Peoples R China
[2] OP Jindal Global Univ, Jindal Global Business Sch, Sonipat 131001, India
[3] Anhui Univ Finance & Econ, Sch Stat & Appl Math, Bengbu 233030, Peoples R China
[4] Technol Univ Brno, Brno 60190, Czech Republic
[5] Univ Turin, Dept Management, I-10134 Turin, Italy
[6] Ural Fed Univ, Grad Sch Econ & Management, Lab Int & Reg Econ, Ekaterinburg 620075, Russia
关键词
Circular economy (CE); innovation performance; open innovation (OI); stakeholder theory; text analysis; resource-based view; ABSORPTIVE-CAPACITY; EMPIRICAL-ANALYSIS; BUSINESS MODELS; CHINA; BARRIERS; DRIVERS; VIEW; CSR;
D O I
10.1109/TEM.2023.3321887
中图分类号
F [经济];
学科分类号
02 ;
摘要
Recently, circular economy (CE) attracts much attention from governments and companies. And we analyze how CE affects enterprises' innovation output, determining their long-term competitiveness. Given the close relationship between CE activities and inbound open innovation (OI), we further consider the impact of the interaction between inbound OI and CE on enterprise innovation output. Based on data from Chinese listed companies, we found that CE can promote the improvement of enterprise innovation output, and the interaction between CE and OI can further enhance this effect. Further heterogeneity testing indicates differences in the roles of CE and inbound OI at regional and industry levels. The implicit suggestion from the results is that policy formulation should consider enterprise and regional attributes more to enable enterprises to benefit better from CE activities.
引用
收藏
页码:11872 / 11883
页数:12
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