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| How do Different Types of Innovation Ecosystem drive core Technology Development and Enterprise Sales Growth |
| Zhang Yunsheng,Lin Yulu |
| (Business School, Central South University, Changsha 410083, China) |
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Abstract The complexity of technological innovation in high-tech industries has increased dramatically, and creating an innovative ecosystem has become an important strategic choice for enterprises to maintain long-term competitive advantage. Based on the perspectives of knowledge management, structure of technological interdependence and network externalities, using panel data of China's electronic information technology industry listed companies from 2007 to 2017, this paper explores the deep-seated mechanism of creating different types of innovation ecosystems to promote the core technology development and enterprise sales growth. The results show that creating a "related technological diversification innovation ecosystem" can help enterprises to create core competitive advantages, promote the development of core technologies, and achieve sales growth of enterprises; creating a "unrelated technological diversification innovation ecosystem", which not only directly promotes the core technology development and enterprise sales growth, enriching complementary product technology systems, inspiring indirect network externalities, and coupling with "related technological diversification innovation ecosystem" to promote enterprise sales growth.
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Received: 15 May 2019
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