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...

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Autores principales:	Xuejiao An, Lin Qi, Jian Zhang, Xinran Jiang
Formato:	article
Lenguaje:	EN
Publicado:	Public Library of Science (PLoS) 2021
Materias:	Medicine R Science Q
Acceso en línea:	https://doaj.org/article/60c42b7ad8cf429199d861adc69f6b0d
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spelling	oai:doaj.org-article:60c42b7ad8cf429199d861adc69f6b0d2021-12-02T20:19:20ZResearch on dual innovation incentive mechanism in terms of organizations' differential knowledge absorptive capacity.1932-620310.1371/journal.pone.0256751https://doaj.org/article/60c42b7ad8cf429199d861adc69f6b0d2021-01-01T00:00:00Zhttps://doi.org/10.1371/journal.pone.0256751https://doaj.org/toc/1932-6203Differences 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.Xuejiao AnLin QiJian ZhangXinran JiangPublic Library of Science (PLoS)articleMedicineRScienceQENPLoS ONE, Vol 16, Iss 8, p e0256751 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Medicine R Science Q
spellingShingle	Medicine R Science Q Xuejiao An Lin Qi Jian Zhang Xinran Jiang Research on dual innovation incentive mechanism in terms of organizations' differential knowledge absorptive capacity.
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	article
author	Xuejiao An Lin Qi Jian Zhang Xinran Jiang
author_facet	Xuejiao An Lin Qi Jian Zhang Xinran Jiang
author_sort	Xuejiao An
title	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_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_sort	research on dual innovation incentive mechanism in terms of organizations' differential knowledge absorptive capacity.
publisher	Public Library of Science (PLoS)
publishDate	2021
url	https://doaj.org/article/60c42b7ad8cf429199d861adc69f6b0d
work_keys_str_mv	AT xuejiaoan researchondualinnovationincentivemechanismintermsoforganizationsdifferentialknowledgeabsorptivecapacity AT linqi researchondualinnovationincentivemechanismintermsoforganizationsdifferentialknowledgeabsorptivecapacity AT jianzhang researchondualinnovationincentivemechanismintermsoforganizationsdifferentialknowledgeabsorptivecapacity AT xinranjiang researchondualinnovationincentivemechanismintermsoforganizationsdifferentialknowledgeabsorptivecapacity
_version_	1718374227357204480

Research on dual innovation incentive mechanism in terms of organizations' differential knowledge absorptive capacity.

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