Study of the Impact Mechanism of External Innovation Search on Innovation Capability:A Moderated Mediation Model
With the booming development of digital intelligence technology,how to improve innovation capability through external innovation knowledge search and allocation has become the key for enterprises to cope with the current extremely uncertain environment.The article takes 294 enterprises in the high-tech field in the Yangtze River Delta region as a survey sample,the role mechanism of innovation search affecting innovation capability is explored through empirical methods.The results show that external innovation search has a significant positive effect on firms'innovation capabilities;two types of M&As,knowledge complementarity and strategic appeals,partially mediate the relationship between innovation search and innovation capabilities;environmental diversity positively moderates the mediating role of knowledge complementarity and strategic appeals in the relationship between external innovation search and innovation capabilities.Therefore,employing new thinking to discern market opportunities,engaging in complementary mergers and acquisitions to enhance knowledge,and flexibly formulating innovative strategies can effectively boost the capacity for innovation.
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