The Influence of Knowledge Creation on Enterprise Open Innovation and Performance
In the era of knowledge economy,exploring the role of knowledge creation on innovation and performance is an important issue in the strategy of strengthening intellectual property.Based on the theory of knowledge creation,this study regards knowledge creation as a dynamic spiral process.Through unbalanced panel data of listed companies in China from 2012 to 2022,this study measures the dynamic process of knowledge creation and explores the relationship between knowledge creation,open innovation and financial performance of enterprises and its internal mechanism.The empirical results show that knowledge creation can significantly promote open innovation,but the effect on firm performance is more complex.Mechanism studies show that there are significant differences in the effect of knowledge creation on open innovation and performance through digital capabilities,and the effect is stronger in large enterprises,high market competition and knowledge-intensive industries.
knowledge creationopen innovationfinancial performancedigital capabilitySECI model