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Research on dual innovation incentive mechanism in terms of organizations’ differential knowledge absorptive capacity
Differences in the capacity for absorption between different organizations will have an important impact on an organization’s choices of innovation exploration and exploitive innovation strategies. Organizations need to explore correct strategic decisions under different policies for long-term devel...
Autores principales: | , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Public Library of Science
2021
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8405035/ https://www.ncbi.nlm.nih.gov/pubmed/34460860 http://dx.doi.org/10.1371/journal.pone.0256751 |
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author | An, Xuejiao Qi, Lin Zhang, Jian Jiang, Xinran |
author_facet | An, Xuejiao Qi, Lin Zhang, Jian Jiang, Xinran |
author_sort | An, Xuejiao |
collection | PubMed |
description | Differences in the capacity for absorption between different organizations will have an important impact on an organization’s choices of innovation exploration and exploitive innovation strategies. Organizations need to explore correct strategic decisions under different policies for long-term development. This study with limited rational first-mover and late-mover organizations as the research object, based on the evolutionary game theory model, using visualization system deduced first-mover and late-mover organizations in the knowledge absorptive capacity differences and incentive policies under the condition of different strategies selection process. The research shows that the rationality of policy incentive setting has a direct impact on the choice of organizational dual innovation strategy with different knowledge absorption capacities. The market pattern is stable and organizational knowledge absorption capacity is different. The higher the policy incentive level is, the more the organization is inclined to carry out exploratory innovation activities. Under the environment of stable market structure, different organizational knowledge absorption capacity, and no policy incentive, late-mover cannot adopt exploratory innovation strategy alone. When the market pattern is stable and the absorptive capacity of the organization is different, whether the late-mover can adopt the exploratory innovation strategy depends on the policy incentive level. In this case, the optimal situation is to have the opportunity to change to exploratory innovation at the same time as the first-movers. |
format | Online Article Text |
id | pubmed-8405035 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2021 |
publisher | Public Library of Science |
record_format | MEDLINE/PubMed |
spelling | pubmed-84050352021-08-31 Research on dual innovation incentive mechanism in terms of organizations’ differential knowledge absorptive capacity An, Xuejiao Qi, Lin Zhang, Jian Jiang, Xinran PLoS One Research Article Differences in the capacity for absorption between different organizations will have an important impact on an organization’s choices of innovation exploration and exploitive innovation strategies. Organizations need to explore correct strategic decisions under different policies for long-term development. This study with limited rational first-mover and late-mover organizations as the research object, based on the evolutionary game theory model, using visualization system deduced first-mover and late-mover organizations in the knowledge absorptive capacity differences and incentive policies under the condition of different strategies selection process. The research shows that the rationality of policy incentive setting has a direct impact on the choice of organizational dual innovation strategy with different knowledge absorption capacities. The market pattern is stable and organizational knowledge absorption capacity is different. The higher the policy incentive level is, the more the organization is inclined to carry out exploratory innovation activities. Under the environment of stable market structure, different organizational knowledge absorption capacity, and no policy incentive, late-mover cannot adopt exploratory innovation strategy alone. When the market pattern is stable and the absorptive capacity of the organization is different, whether the late-mover can adopt the exploratory innovation strategy depends on the policy incentive level. In this case, the optimal situation is to have the opportunity to change to exploratory innovation at the same time as the first-movers. Public Library of Science 2021-08-30 /pmc/articles/PMC8405035/ /pubmed/34460860 http://dx.doi.org/10.1371/journal.pone.0256751 Text en © 2021 An et al https://creativecommons.org/licenses/by/4.0/This is an open access article distributed under the terms of the Creative Commons Attribution License (https://creativecommons.org/licenses/by/4.0/) , which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited. |
spellingShingle | Research Article An, Xuejiao Qi, Lin Zhang, Jian Jiang, Xinran Research on dual innovation incentive mechanism in terms of organizations’ differential knowledge absorptive capacity |
title | Research on dual innovation incentive mechanism in terms of organizations’ differential knowledge absorptive capacity |
title_full | Research on dual innovation incentive mechanism in terms of organizations’ differential knowledge absorptive capacity |
title_fullStr | Research on dual innovation incentive mechanism in terms of organizations’ differential knowledge absorptive capacity |
title_full_unstemmed | Research on dual innovation incentive mechanism in terms of organizations’ differential knowledge absorptive capacity |
title_short | Research on dual innovation incentive mechanism in terms of organizations’ differential knowledge absorptive capacity |
title_sort | research on dual innovation incentive mechanism in terms of organizations’ differential knowledge absorptive capacity |
topic | Research Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8405035/ https://www.ncbi.nlm.nih.gov/pubmed/34460860 http://dx.doi.org/10.1371/journal.pone.0256751 |
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