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  Jul. 15, 2025
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Research on the Impact of Innovation Failure on the Key Core Technology Innovation Under the Dilemma of Technological Blockade
HU Siyuan,GONG Hong,ZHAO Danxiao
Wuhan University, Wuhan, China

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Abstract  This research takes 246 new energy enterprises on the main board of China’s A-share market from 2005 to 2022 as a sample, and conducts empirical analyses around the cumulative effect and dynamics of innovation failure experience. It is found that innovation failure has an inverted U-shaped relationship with key core technology innovation, i.e., the existence of an “optimal interval” of innovation failure can stimulate enterprises to explore the hidden technological innovation law behind the failure and transform them into the intrinsic knowledge required for key core technology innovation, which in turn significantly promotes the key core technology innovation of enterprises. In addition, the positive moderating effect of technological diversification on the relationship between innovation failure and key core technology innovation is examined, and the above conclusions still hold after the robustness test. Further studies found that organizational resilience is an important pathway through which innovation failure affects key core technology innovation.
Key wordsinnovation failure      key core technology innovation      technological diversification      organizational resilience     
Received: 17 June 2024     
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HU Siyuan
GONG Hong
ZHAO Danxiao
Cite this article:   
HU Siyuan,GONG Hong,ZHAO Danxiao. Research on the Impact of Innovation Failure on the Key Core Technology Innovation Under the Dilemma of Technological Blockade[J]. Chinese Journal of Management, 2025, 22(6): 1081-.
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