{"title":"创新的秘诀:开放性、适宜性和环境不确定性的构型分析","authors":"Xueyang Wu, Qingliang Meng, Jiajun Sun","doi":"10.1016/j.frl.2025.108545","DOIUrl":null,"url":null,"abstract":"<div><div>This study introduces the context of the openness paradox and innovation into the exploitation–exploration dilemma framework. Applying a fuzzy-set qualitative comparative analysis to 247 Chinese manufacturing companies, we examine the interaction effects between openness (innovation breadth and depth), appropriability (level of value capture), and environmental (market and technological) uncertainty dimensions. Findings identify one configuration for exploitative innovation (configurations I), three for exploratory innovation (configurations R1, R2, and R3), and one for innovation ambidexterity (configurations A), revealing that specific combinations of the factors support specific innovations. This study emphasizes the synergy between the openness paradox and innovation context in achieving specific innovations, demonstrates how environmental uncertainty support the effectiveness of various combinations of openness and appropriability, and integrates the openness paradox as a configurational challenge.</div></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"86 ","pages":"Article 108545"},"PeriodicalIF":6.9000,"publicationDate":"2025-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Recipes for innovation: A configurational analysis of openness, appropriability, and environmental uncertainty\",\"authors\":\"Xueyang Wu, Qingliang Meng, Jiajun Sun\",\"doi\":\"10.1016/j.frl.2025.108545\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>This study introduces the context of the openness paradox and innovation into the exploitation–exploration dilemma framework. Applying a fuzzy-set qualitative comparative analysis to 247 Chinese manufacturing companies, we examine the interaction effects between openness (innovation breadth and depth), appropriability (level of value capture), and environmental (market and technological) uncertainty dimensions. Findings identify one configuration for exploitative innovation (configurations I), three for exploratory innovation (configurations R1, R2, and R3), and one for innovation ambidexterity (configurations A), revealing that specific combinations of the factors support specific innovations. This study emphasizes the synergy between the openness paradox and innovation context in achieving specific innovations, demonstrates how environmental uncertainty support the effectiveness of various combinations of openness and appropriability, and integrates the openness paradox as a configurational challenge.</div></div>\",\"PeriodicalId\":12167,\"journal\":{\"name\":\"Finance Research Letters\",\"volume\":\"86 \",\"pages\":\"Article 108545\"},\"PeriodicalIF\":6.9000,\"publicationDate\":\"2025-09-23\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Finance Research Letters\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1544612325017994\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS, FINANCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Finance Research Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1544612325017994","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
Recipes for innovation: A configurational analysis of openness, appropriability, and environmental uncertainty
This study introduces the context of the openness paradox and innovation into the exploitation–exploration dilemma framework. Applying a fuzzy-set qualitative comparative analysis to 247 Chinese manufacturing companies, we examine the interaction effects between openness (innovation breadth and depth), appropriability (level of value capture), and environmental (market and technological) uncertainty dimensions. Findings identify one configuration for exploitative innovation (configurations I), three for exploratory innovation (configurations R1, R2, and R3), and one for innovation ambidexterity (configurations A), revealing that specific combinations of the factors support specific innovations. This study emphasizes the synergy between the openness paradox and innovation context in achieving specific innovations, demonstrates how environmental uncertainty support the effectiveness of various combinations of openness and appropriability, and integrates the openness paradox as a configurational challenge.
期刊介绍:
Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies.
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