Open innovation and firm performance: Evidence from the Chinese mechanical manufacturing industry

• DOI: 10.1016/j.jengtecman.2018.04.004
• Publication Date: 2018-05-10T08:35:54Z
• Authors: Si Zhang; Delin Yang; Shumin Qiu; Xiang Bao; Jizhen Li
• Keywords: Argument (complex analysis); Open Innovation; Affect

This paper studies how human capital can affect the relationship between open innovation and financial performance of firms. The results demonstrate that there is an inversed U-shape firm profitability. We also indicate (both quality structure) will differently moderate above relationship: generally, higher education level employees amplify positive effect innovation, but for production-oriented firms, such argument does not hold; in technology-oriented as ratio technical staff to production increases, firms improves a result implementation strategy. However, moderating role negative.