The Impact of the Industrial Innovation Ecosystem on Innovation Performance—Using the Equipment Manufacturing Industry as an Example

The innovation ecosystem can greatly enhance enterprises’ innovation performance. However, little is known about how the industrial innovation ecosystem (IIE) improves innovation ability within the equipment manufacturing industry (EMI). The fsQCA method is utilized in this study to explore the intr...

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Main Authors: Nan Qiao, Lixia Niu
Format: Article
Language:English
Published: MDPI AG 2024-12-01
Series:Systems
Subjects:
Online Access:https://www.mdpi.com/2079-8954/12/12/578
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author Nan Qiao
Lixia Niu
author_facet Nan Qiao
Lixia Niu
author_sort Nan Qiao
collection DOAJ
description The innovation ecosystem can greatly enhance enterprises’ innovation performance. However, little is known about how the industrial innovation ecosystem (IIE) improves innovation ability within the equipment manufacturing industry (EMI). The fsQCA method is utilized in this study to explore the intricate causality behind innovation performance. The conclusions are as follows: (1) There are six factors for high innovation performance, including the technological innovation subject, the knowledge innovation subject, research and development (R&D) investment, R&D personnel, the industrial internet platform, and government subsidies. None of these is a standalone prerequisite for high innovation performance. (2) Four configuration paths achieve remarkable performance. Three configuration paths achieve inefficient performance, and these have an asymmetric relationship with the above four paths. (3) Under the premise that a technological innovation network is perfect, R&D investment and industrial internet platforms both play a crucial role in innovation performance. Meanwhile, neglect in the application of industrial internet platforms and a lack of innovative subjects are important factors for low innovation performance. This study enriches the theoretical applications for innovation management within the EMI from an IIE perspective. It provides practical and management reference to promote innovative ability and enhance the manufacturing performance for China and other developing countries.
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spelling doaj-art-734a1a64d0ee46cb9c3ba9f4fdc158ec2024-12-27T14:55:50ZengMDPI AGSystems2079-89542024-12-01121257810.3390/systems12120578The Impact of the Industrial Innovation Ecosystem on Innovation Performance—Using the Equipment Manufacturing Industry as an ExampleNan Qiao0Lixia Niu1School of Business Administration, Liaoning Technical University, Huludao 125105, ChinaSchool of Business Administration, Liaoning Technical University, Huludao 125105, ChinaThe innovation ecosystem can greatly enhance enterprises’ innovation performance. However, little is known about how the industrial innovation ecosystem (IIE) improves innovation ability within the equipment manufacturing industry (EMI). The fsQCA method is utilized in this study to explore the intricate causality behind innovation performance. The conclusions are as follows: (1) There are six factors for high innovation performance, including the technological innovation subject, the knowledge innovation subject, research and development (R&D) investment, R&D personnel, the industrial internet platform, and government subsidies. None of these is a standalone prerequisite for high innovation performance. (2) Four configuration paths achieve remarkable performance. Three configuration paths achieve inefficient performance, and these have an asymmetric relationship with the above four paths. (3) Under the premise that a technological innovation network is perfect, R&D investment and industrial internet platforms both play a crucial role in innovation performance. Meanwhile, neglect in the application of industrial internet platforms and a lack of innovative subjects are important factors for low innovation performance. This study enriches the theoretical applications for innovation management within the EMI from an IIE perspective. It provides practical and management reference to promote innovative ability and enhance the manufacturing performance for China and other developing countries.https://www.mdpi.com/2079-8954/12/12/578industrial innovation ecosystemequipment manufacturing industryconfiguration effectfsQCAinnovation performance
spellingShingle Nan Qiao
Lixia Niu
The Impact of the Industrial Innovation Ecosystem on Innovation Performance—Using the Equipment Manufacturing Industry as an Example
Systems
industrial innovation ecosystem
equipment manufacturing industry
configuration effect
fsQCA
innovation performance
title The Impact of the Industrial Innovation Ecosystem on Innovation Performance—Using the Equipment Manufacturing Industry as an Example
title_full The Impact of the Industrial Innovation Ecosystem on Innovation Performance—Using the Equipment Manufacturing Industry as an Example
title_fullStr The Impact of the Industrial Innovation Ecosystem on Innovation Performance—Using the Equipment Manufacturing Industry as an Example
title_full_unstemmed The Impact of the Industrial Innovation Ecosystem on Innovation Performance—Using the Equipment Manufacturing Industry as an Example
title_short The Impact of the Industrial Innovation Ecosystem on Innovation Performance—Using the Equipment Manufacturing Industry as an Example
title_sort impact of the industrial innovation ecosystem on innovation performance using the equipment manufacturing industry as an example
topic industrial innovation ecosystem
equipment manufacturing industry
configuration effect
fsQCA
innovation performance
url https://www.mdpi.com/2079-8954/12/12/578
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