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Abstract Aims to explore the impact of transaction costs on the decision of open innovation adoption of firms, as well as to examine the role of the resource base in open innovation adoption decisionmaking. Guided by the Transaction Cost Theory and ResourceBased View, we proposed our research hypothesis. We also carried out a questionnaire survey on 151 companies and collected some research data, on which Logistic Regression analysis was used to test the hypothesis. The result showed that high level of asset specificity reduces the probability to adopt open innovation in decisionmaking, and that the perceived environmental uncertainty has a positive effect on the adoption of open innovation. Meanwhile, the negative impact of R&D capability on the adoption of open innovation is confirmed.
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| Fund:国家自然科学基金面上项目（71472144）；中央高校基本科研业务费专项项目（JB180609）；陕西省社会科学基金项目（12Q098） |
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