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PAN, X. JIAHONG, Y. ŠIRÁŇOVÁ, L. MANGLA, S. SONG, M. FERRARIS, A.
Original Title
How Does Circular Economy Affect Firms' Innovation Performance? The Interaction Effect of Open Innovation
Type
journal article in Web of Science
Language
English
Original Abstract
Recently, circular economy (CE) attracts much attention from governments and companies. And we analyze how CE affects enterprises' innovation output, determining their long-term competitiveness. Given the close relationship between CE activities and inbound open innovation (OI), we further consider the impact of the interaction between inbound OI and CE on enterprise innovation output. Based on data from Chinese listed companies, we found that CE can promote the improvement of enterprise innovation output, and the interaction between CE and OI can further enhance this effect. Further heterogeneity testing indicates differences in the roles of CE and inbound OI at regional and industry levels. The implicit suggestion from the results is that policy formulation should consider enterprise and regional attributes more to enable enterprises to benefit better from CE activities.
Keywords
Circular economy (CE); innovation performance; open innovation (OI); stakeholder theory; text analysis; resource-based view
Authors
PAN, X.; JIAHONG, Y.; ŠIRÁŇOVÁ, L.; MANGLA, S.; SONG, M.; FERRARIS, A.
Released
26. 10. 2023
Publisher
IEEE-INST ELECTRICAL ELECTRONICS ENGINEERS INC
Location
PISCATAWAY
ISBN
1558-0040
Periodical
IEEE TRANSACTIONS ON ENGINEERING MANAGEMENT
Year of study
2023
Number
october
State
United States of America
Pages from
1
Pages to
12
Pages count
URL
https://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=10297969
BibTex
@article{BUT187756, author="Xiongfeng {Pan} and Yuan {Jiahong} and Lenka {Širáňová} and Sachin Kumar {Mangla} and Malin {Song} and Alberto {Ferraris}", title="How Does Circular Economy Affect Firms' Innovation Performance? The Interaction Effect of Open Innovation", journal="IEEE TRANSACTIONS ON ENGINEERING MANAGEMENT", year="2023", volume="2023", number="october", pages="1--12", doi="10.1109/TEM.2023.3321887", issn="1558-0040", url="https://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=10297969" }