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| Dynamic Evolution Mechanism of “Optimal Openness” in Open Innovation of Manufacturing Enterprises |
| YANG Jiaoping，LI Jie，BIAN Weijun，LUO Gongli |
| Qingdao University of Science and Technology, Qingdao, Shangdong, China |
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Abstract Taking 305 listed manufacturing enterprises from 2009 to 2019 as samples, this study establishes a fixed effect regression model. The empirical analysis shows that with the enhancement of absorptive capacity, the improvement of business model and the increase of organizational inertia, the “optimal openness” of open innovation of manufacturing enterprises gradually increases. Further, the results of this study have passed the endogenous test and robustness test, and have been supported in the regression model of different industries. Therefore, for manufacturing enterprises, with the improvement of their comprehensive ability, they should adjust their openness dynamically to improve their innovation performance.
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Received: 11 September 2020
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