IMPACT OF OPEN INNOVATION ON GLOBALIZATION: A SURVEY STUDY ON CHINA

IF 4.8 2区经济学 Q1 ECONOMICS

Technological and Economic Development of Economy Pub Date : 2024-02-15 DOI:10.3846/tede.2024.19982

Fengsheng Chien, YunQian Zhang, Muhammad Sadiq

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Abstract

The objective of this study is to examine the role of open innovation practices to promote globalization. For this purpose, this study considered two open innovation practices: external knowledge and supplier involvement. A survey was carried out to collect primary data from the respondents. This study preferred Chinese small and medium-sized enterprises (SMEs) to examine the role of open innovation in globalization. Data were collected from the employees of SMEs in China. By employing Structural Equation Modeling, this study addressed the important insights for academicians and practitioners. It is concluded that; open innovation practices have key role to promote globalization. The promotion of open innovation practices among the Chinese SMEs can increase the globalization potential. The strategies of open innovation led to increase in business collaboration across the border business organizations. The business collaboration between the SMEs of various countries is the best way to enhance globalization by increasing the level of social capital. Therefore, those institutions who want to promote globalization should promote open innovation practices among the business organizations.

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开放式创新对全球化的影响：对中国的调查研究

本研究的目的是探讨开放式创新实践对促进全球化的作用。为此，本研究考虑了两种开放式创新做法：外部知识和供应商参与。本研究开展了一项调查，以收集受访者的原始数据。本研究选择了中国的中小企业来研究开放式创新在全球化中的作用。数据来自中国中小企业的员工。通过采用结构方程模型，本研究为学术界和实践者提供了重要启示。结论是：开放式创新实践对促进全球化具有关键作用。在中国中小企业中推广开放式创新实践可以提高全球化潜力。开放式创新战略促进了跨国商业组织之间的业务合作。各国中小企业之间的业务合作是通过提高社会资本水平来加强全球化的最佳途径。因此，那些希望促进全球化的机构应在企业组织中推广开放式创新做法。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Technological and Economic Development of Economy ECONOMICS-

CiteScore

10.00

自引率

8.50%

发文量

审稿时长

15 weeks

期刊介绍： Technological and Economic Development of Economy is a refereed journal that publishes original research and review articles and book reviews. The Journal is designed for publishing articles in the following fields of research: systems for sustainable development, policy on sustainable development, legislation on sustainable development, strategies, approaches and methods for sustainable development, visions and scenarios for the future, education for sustainable development, institutional change and sustainable development, health care and sustainable development, alternative economic paradigms for sustainable development, partnership in the field of sustainable development, industry and sustainable development, sustainable development challenges to business and management, technological changes and sustainable development, social aspects of sustainability, economic dimensions of sustainability, political dimensions of sustainability, innovations, life cycle design and assessment, ethics and sustainability, sustainable design and material selection, assessment of environmental impact, ecology and sustainability, application case studies, best practices, decision making theory, models of operations research, theory and practice of operations research, statistics, optimization, simulation. All papers to be published in Technological and Economic Development of Economy are peer reviewed by two appointed experts. The Journal is published quarterly, in March, June, September and December.