Technology innovation, technology complexity, and co-creation effects on organizational performance: The role of government influence and co-creation

• DOI: 10.1016/j.joitmc.2023.100150
• Publication Date: 2023-10-18T07:30:47Z
• Authors: Thang Nam Huynh; Phuong Van Nguyen; Quynh Ngoc Nguyen; Phuong Uyen Dinh
• Keywords: PLS-SEM; TOE framework; HF5001-6182; Co-creation; 0502 economics and business; 05 social sciences; Management. Industrial management; Technology innovation; Business; HD28-70; Organizational performance

This study aims to identify key determinants impacting technology innovation and organizational performance, investigating how technological complexity and co-creation can enhance technology innovation and organizational performance. It also examines the role of government influence in stimulating technology innovation. The article extends the technology-organization-environment (TOE) framework to build a research model that supports hypothesis development. A survey design method collected data from 323 members of management teams in the manufacturing industry in Vietnam. A structural equation modeling approach enabled estimating the forecasted multidynamic relationships. The findings indicate that technological complexity, government influence, and co-creation significantly enhance technology innovation. Moreover, technological complexity, technology innovation, and co-creation stimulate organizational performance. Specifically, the results show government influence and organizational performance indirectly affecting organizational performance. The findings provide valuable insights for both academia and practitioners, offering a deeper understanding of the complex dynamics between determinants. A manufacturing industry could effectively utilize this study to implement innovative practices in its specific context.