Relational capital, lock-in effectiveness and enterprise innovationin the Chinese manufacturing industry

Yang Zhenning; Li Donghong; Ma Zhenzhong

Science Research Management ›› 2013, Vol. 34 ›› Issue (11) : 42-52.

Yang Zhenning¹, Li Donghong², Ma Zhenzhong³

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Abstract

Based on the theory of social capital and innovation, the processes in which the enterprises in manufacturing industry surmount the lock-in effectiveness to obtain innovation performance has drawn attention widely. This research inspected in detail the relational capital utilization of enterprises in the manufacturing industry as well as the moderator effect mechanism of different types of technical strategy choices for the innovation performance under the lock-in effectiveness. The related results indicated that four kinds of technical lock-in effectiveness obviously suppresses the enterprises in manufacturing industry to gain the innovation performance, surmounts different types of lock-in effectiveness using the business relational capital and the political relational capital and helps enterprises to promote the innovation performance. Moreover, in the current times of Chinese economic reform, the imitative following strategy is more suitable to the Chinese enterprises compared to the technological leadership strategy; the correct technological strategy choice may also hedge the impacts of the lock-in effectiveness to promote the enterprises' innovation performance. This research's related conclusion has certain referential value to the further theoretical research of the government and the enterprises' management practice.

Key words

relational capital / lock-in effectiveness / technological strategy / innovation performance / enterprises in the manufacturing industry

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Yang Zhenning, Li Donghong, Ma Zhenzhong. Relational capital, lock-in effectiveness and enterprise innovationin the Chinese manufacturing industry[J]. Science Research Management. 2013, 34(11): 42-52

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