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R&D strategy and innovation performance: the role of standardization.
- Source :
- Technology Analysis & Strategic Management; Jul2018, Vol. 30 Issue 7, p778-792, 15p
- Publication Year :
- 2018
-
Abstract
- Firms now increasingly recognise the important role of R&D strategy in building technological advantage. However, few attempts have linked standardisation with specific R&D strategies in explaining innovation performance. To bridge this gap, this study empirically examines the relationships between R&D strategies, standardisation, and firms’ innovation performance. Based on a sample of 371 firms in China, we use structural equation modelling (SEM) and find that novelty-oriented R&D strategy generates greater accumulation of standardisation knowledge and standards diversity, while R&D openness only positively relates to this standardisation knowledge accumulation. Moreover, standardisation knowledge accumulation is positively related to both administrative and technical innovation performance, while a greater variety of standards only leads to higher administrative innovativeness. More importantly, our results reveal that accumulation of standardisation knowledge mediates the relationships between R&D novelty and administrative and technical innovation performances. Both the theoretical and practical implications that arise from these findings are discussed. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 09537325
- Volume :
- 30
- Issue :
- 7
- Database :
- Complementary Index
- Journal :
- Technology Analysis & Strategic Management
- Publication Type :
- Academic Journal
- Accession number :
- 129737423
- Full Text :
- https://doi.org/10.1080/09537325.2017.1378319