Analysis on the affect of digital technologies applications on firms’ dual innovation in the digital economy context

Analysis on the affect of digital technologies applications on firms’ dual innovation in the digital economy context

Electronic technological know-how purposes and dual innovation

Centered on the theories of dynamic abilities and resource orchestration, this post analyzes the influence of digital know-how programs on twin innovation of enterprises from the viewpoint of dynamic capabilities. In the context of the digital economic system, the features of possibility ambiguity, dynamic integration, environmental conversation, and time constraints in company innovation functions clearly impose higher prerequisites on dynamic abilities. Digital technology purposes have develop into the essential bring about driving the technology and evolution of dynamic capabilities12. Digital technologies apps not only support enterprises get and integrate inner and external electronic resources but also drives them to correctly respond to adjustments in the external atmosphere, encourage the innovation and advancement of personalized products, and obtain innovation benefits19. To start with, as a result of digital technology purposes, enterprises creatively variety new strategic source supplies, allowing them to build a a lot more heterogeneous knowledge foundation, offering new price and takes advantage of to innovation methods, enabling enterprises to detect more heterogeneous opportunities, and alleviating the rigidity of knowledge buildings. In addition, digital technology apps facilitate the integration and optimization of inner and exterior innovation sources, main to important improvements in study and improvement procedures, operational processes, and company products, so laying a solid basis for boosting the stage of technological innovation and correctly selling dual innovation of enterprises. It can be observed that in the era of the digital economic climate, with the steady maturation of the “technology-economy” analysis paradigm, digital technologies purposes push enterprises to allocate additional innovation sources to innovation and progress things to do, forming a virtuous cycle of inside and exterior interactions, and promoting dual innovation of enterprises.

Additionally, digital technological innovation apps have influenced both of those exploratory and exploitative innovation in enterprises. Exploratory innovation emphasizes the exploration of rising customers and current market requires, consistently experimenting with new alternatives to achieve new understanding, technologies, and techniques. Digital know-how purposes enable enterprises to grasp distinctive main technologies and have interaction in specialized item design, resulting in innovation merchandise with novel and differentiated attributes20. Moreover, digital technological innovation applications support enterprises embed technological adjustments into current market-foremost solutions, investigate numerous distribution channels, and produce acceptable and ground breaking internet marketing techniques, thereby strengthening the high quality of submit-product sales services for revolutionary solutions and proficiently communicating with customers to remain abreast of current market dynamics. This is very important for the effective enhancement of impressive items21. On the other hand, enterprises adopting an exploitative innovation approach mainly find alternatives in their bordering market place setting and retain their primary search functions. Exploitative innovation emphasizes refining and screening current information and means, bettering current capabilities, systems, and paradigms, and obtaining and configuring external methods to unlock their potential benefit and obtain progressive optimization of products and solutions and providers. Digital engineering apps assistance enterprises meet up with the desires of existing clients or markets, enhance solution improve performance, and realize incremental innovation. In addition, electronic engineering apps can support enterprises reduce the repetition interference of technology and products in products improvement and update by leveraging refined heterogeneous expertise, therefore bettering the effectiveness and performance of products upgrades. It is apparent that electronic technology purposes have different effects on exploratory and exploitative innovation in terms of organizational structure, culture, sources, and other facets, but all have positive endorsing results. Centered on the higher than analysis, this write-up proposes the subsequent hypothesis:

H1a

Electronic engineering purposes positively influence exploitative innovation.

H1b

Electronic know-how apps positively impact exploratory innovation.

The mediating job of details-pushed dynamic capabilities

In new a long time, the quick growth of digital technologies represented by synthetic intelligence, blockchain, cloud computing, and major information (ABCD) has blurred the boundaries of industries, companies, departments, and products. These electronic systems have also impacted the capabilities of enterprises22. Quite a few scholars imagine that digital technological know-how apps can be conveniently imitated by other enterprises, so it is necessary to transform it into higher-stage business abilities to produce benefit for the firm23. Facts-pushed dynamic abilities are better-amount abilities that are characterized by their non-imitability, value, shortage, and non-substitutability. The application of electronic technologies in enterprises makes it possible for for the integration and configuration of digital sources with inside and external resources that have traits of homogeneity, programmability, and availability, thereby serving to enterprises improve their data-pushed dynamic capabilities. Among the them, knowledge-pushed dynamic abilities consist of 3 dimensions of abilities: electronic perception functionality, electronic capture capability and digital absorption capacity.

To start with, digital technology purposes can aid enterprises strengthen their electronic notion functionality. In the electronic economic system era, enterprises have effectively improved their authentic-time interaction and responses with buyers by electronic platforms and other relationship solutions. The continual integration of artificial intelligence, mobile world wide web, and innovative producing technology also delivers enterprises with optimal channel place and data protection24. In addition, the useful resource reallocation manner of massive data and equipment algorithms can generate enterprises to target on their core organization and blend the advancement of their core small business with user feedback, therefore acquiring the adaptability in new products investigation and advancement. It can be found that electronic technological know-how purposes allows enterprises enhance their electronic notion capacity and promotes the implementation of user value-oriented innovation designs.

Moreover, electronic technologies programs can help enterprises improve their electronic seize ability. Unlike traditional innovation, digital systems leverage their facts homogeneity and reprogram ability to offer several channels for enterprises to receive electronic data and sources, therefore enhancing their capability to capture electronic options and adapt to marketplace demands and external setting. On one particular hand, digital technological innovation programs leverage its attribute of decentralization, using electronic platforms to enable enterprises accomplish liberty in accessing electronic and other modern resources25. By means of digitizing the worth chain and taking away intermediaries, enterprises can efficiently utilize their assets and capabilities, hence enhancing their electronic resource acquisition capabilities with “architectural advantages”. On the other hand, electronic technological know-how purposes can reshape the info construction of enterprises and increase the efficiency of details acquisition, endorsing real-time sharing and conversation of information and facts. This in convert enhances the integrity and continuity of info acquisition, which is essential for enterprise innovation.

Finally, electronic technological know-how purposes can enable enterprises improve their digital absorption capacity. Electronic technology purposes lead to improving digital absorption capacity in two features: organizational management transformation and resource flexibility advancement. From the standpoint of organizational administration transformation, digital know-how apps attain the interaction of facts technology as a result of the integration of electronic technologies this sort of as the Web of Issues, significant facts, and mobile internet. This constant transform in the organizational composition of the firm is facilitated by the integration of digital systems and similar technologies. Primarily based on the preset electronic management method, enterprises can improve the data interaction abilities of digital technologies by way of clever and custom-made details processing26. This allows crack down the vertical and horizontal boundaries within just the enterprise, top to a flatter and more decentralized organizational construction. This digital organizational administration transformation noticeably cuts down the operational prices of the business, strengthens its data asset administration capabilities, and enables exact final decision-generating in source allocation, disposal, and retention. It also boosts the connectivity of innovation networks, facilitating a qualitative leap in the company’s company models and organizational paradigms, and strengthening its electronic absorption ability. From the perspective of increasing useful resource overall flexibility, in accordance to the “environment-approach-structure” contingency concept, enterprises change their strategic direction and organizational types in response to elaborate exterior environmental improvements. Resource flexibility is about the strategic control and direction of existing means, and enterprises with substantial useful resource versatility can crack absolutely free from organizational inertia, leverage high useful resource conversion efficiency and small useful resource conversion fees, and attain digitization of manufacturing processes and solutions through information sharing and production cooperation mechanisms27. Electronic technologies apps can use transactional platforms, impressive platforms, and other digital platforms to combine and standardize know-how innovation, adjust the kind, mother nature, and composition of methods, and boost the useful resource adaptability of the firm. In particular, digital platforms and systems will market the progress of business toward a electronic ecosystem system, accelerate the integration and restructuring of the company’s electronic means with other inner and exterior methods, and improve the company’s resource integration abilities. Moreover, the virtuality and versatility of following-technology electronic systems crack traditional boundaries of enterprises, increasing the speed of source things circulation and optimizing resource allocation in the study and generation processes. This boosts the company’s skill to decide on from diverse means and strengthens the adaptability of its sources.

In summary, digital technological innovation applications add to the enhancement of information-pushed dynamic abilities, like the capabilities of digital perception, electronic capture and digital absorption in three dimensions. Dependent on the examination earlier mentioned, this write-up proposes the next speculation:

H2

Electronic know-how programs positively have an affect on data-driven dynamic capabilities.

The improvement of details-driven dynamic abilities also encourages twin innovation of enterprises. The enhancement of info-driven dynamic functionality aids enterprises efficiently obtain exterior innovation means and accelerate the updating of inner awareness bases, therefore facilitating the collision and fusion of heterogeneous information. This effectively enhances the conversion and absorption of ground breaking sources, consequently selling twin innovation of enterprises. On a person hand, the advancement of date-driven dynamic capabilities encourages effective external discovering and knowledge mining in enterprises28. It empowers enterprises to attain interactive mastering in between internal cognition and exterior environment, fast hook up internal and external digital facts sources, and develop the breadth and depth of details. In this procedure, enterprises repeatedly absorb, activate, and update ground breaking information, supporting them examine varied digital assets, correctly receive and soak up applicable data about consumer wants and purchaser psychology, and actively check out new technological and item understanding to maximize shopper pleasure and exceed shopper knowledge. Enterprises can also construct innovation platforms to incentivize person participation in solution style and development, and solicit consumer creative imagination. Some scholars have explored the causal romance among external know-how acquisition and dual innovation. Some scientific studies have uncovered that exterior understanding acquisition has a constructive affect on both of those exploratory and exploitative innovation29. Some students have also pointed out that exterior awareness acquisition has twin qualities of “exploration” and “exploitation,” which can ease and fulfill the pressures and requires introduced by both of those types of innovation actions, thus attaining a harmony in dual innovation.

On the other hand, the enhanced facts-driven dynamic capabilities lead to the enhancement of the conversion and absorption amount of ground breaking resources. For enterprises, the modern means received from exterior resources require to be organically embedded and remodeled according to the qualities of the organization, and integrated with interior technology in purchase to be made use of for innovation in the corporation. It can improve the means of enterprises to establish, take in, and benefit from exterior impressive methods. Some lecturers systematically expounded on the crucial role of present day digital technology in maximizing the conversion and absorption stage of modern means for enterprises30. If the conversion and absorption level is lower, it will be hard to effectively integrate innovative methods with interior technological innovation, and the performance of enterprise innovation will be enormously reduced. Some scientific tests have mixed the conversion and absorption of ground breaking resources with twin innovation, and some scholars consider that in comparison to exploitative innovation, conversion and absorption have a increased impact on exploratory innovation. This is mainly because businesses that repeatedly take in and use external revolutionary means have a 1st-mover gain, can immediately reply to shopper desires, and avoid “lock-in effects” and “capability traps”, resulting in innovative products that are substantially various from the existing merchandise portfolio and satisfy new sector desires. Some scholars also believe that that conversion and absorption have a considerable good impression on dual innovation and can effectively ease the stress brought about by resource level of competition in both forms of innovation routines31. This is because the conversion and absorption of progressive means not only include things like imitative finding out means to assimilate and take up new know-how from exterior sources, increase new goods or providers to meet existing industry calls for, but also contain creative challenge-fixing capability to develop new understanding that is substantially distinctive from present information, and acquire new merchandise or providers to build new sector needs. Based on this, the subsequent hypotheses are proposed in this paper.

H3a

Facts-pushed dynamic abilities positively have an affect on exploitative innovation.

H3b

Information-driven dynamic capabilities positively impact exploratory innovation.

To sum up, digital technological innovation purposes can assistance organization to boost details-pushed dynamic capabilities, such as the abilities of digital notion, digital seize and digital absorption in 3 proportions. At the exact time, the improvement of electronic-driven dynamic abilities also allows enterprises successfully acquire exterior awareness, and accelerates the updating of their internal information base, advertising the collision and integration of heterogeneous understanding. This efficiently improves the degree of transformation and absorption of organization innovation sources, and in the end promotes twin innovation of enterprises. Dependent on the evaluation, the adhering to assumptions are proposed in this report:

H4a

Knowledge-pushed dynamic capabilities mediate the romantic relationship between digital engineering apps and exploitative innovation.

H4b

Information-driven dynamic capabilities mediate the marriage involving digital engineering apps and exploratory innovation.

The moderating purpose of environmental complexity

The idea of environmental complexity refers to the volatility and uncertainty of the exterior atmosphere in which a corporation would make conclusions. Typically, an maximize in the complexity of the exterior surroundings can impact the problem of formulating and applying company tactics. Hence, company choice-makers may possibly want to establish alliances or create common benchmarks to get wealthy data, info, and other means in order to achieve expansion and growth32. When a company is faced with significant ranges of environmental complexity, it will come upon powerful marketplace level of competition and urgently require to develop new products to keep away from prospective losses. In this sort of circumstances, enterprises require to immediately react to environmental complexity by leveraging digital technologies. Digital technological know-how applications can enable enterprises examine electronic useful resource networks, reshape their organizational types by switching the way they generate and capture value, and lower the “pressure” of coordinating and integrating existing resources in the deal with of environmental complexity. This, in change, improves the overall flexibility of company resources. Consequently, environmental complexity can be viewed as an exterior element that motivates enterprises to go through digital know-how programs.

In the confront of an increasingly intricate and turbulent exterior ecosystem, competition between enterprises is turning into far more intensive. Therefore, in buy to acquire a favorable market place position and extend their lifespan, enterprises want to consistently increase their existing technological capabilities and enhance their innovation overall performance to achieve core competitive advantages. In the era of digital financial state, the fast evolution of electronic technological know-how intensifies the instability of the exterior competitive environment for enterprises33. This demands enterprises to have potent inside driving forces to decide on the right route for innovation in platforms and ecosystems, and to shorten the three-phase procedure of innovation from initiation, enhancement to software as a lot as achievable, in get to enrich the dual innovation efficiency and competitiveness of enterprises. On the other hand, as the degree of environmental complexity will increase, conducting innovation actions becomes far more complicated for enterprises, further more motivating them to get an benefit via digital technological know-how applications. For that reason, the amount of environmental complexity strengthens the connection between digital know-how apps and twin innovation of enterprises.

H5a

Environmental complexity positively moderates the effects of electronic technologies purposes on exploitative innovation.

H5b

Environmental complexity positively moderates the influence of digital technology purposes on exploratory innovation.

In the era of the digital financial system, programs of digital know-how can endow companies with superior competitive advantages. The additional elaborate the atmosphere, the additional the electronic technological know-how empowers the organization’s facts-driven dynamic capability. The complexity of the exterior environment is primarily mirrored in the superior-frequency changes and unpredictability of the atmosphere, which demands providers to react immediately, establish alternatives, and modify their strategic and ground breaking styles. As a large-level dynamic functionality, knowledge-driven dynamic capability aims to clarify how enterprises can preserve and develop competitive strengths in a dynamically transforming ecosystem34. Facts-pushed dynamic functionality focuses on the firm’s potential to adapt to market place adjustments in the face of complicated external environments. It is not a static dimension but fairly the consequence of the business interacting with the exterior setting. When the environmental complexity is potent, businesses are more likely to discover and discover issues by programs of electronic technological know-how, make well timed adjustments to the organizational composition, adapt to the desires of the exterior surroundings, and therefore additional very easily market knowledge-driven dynamic capability. At the same time, the complexity of the ecosystem offers worries for business innovation, necessitating enterprises to seize the prospect when conducting progressive functions, aligning their very own modern functions with environmental variables35. When the environmental complexity is superior, environmental things this kind of as sector, technologies, and policies do not evolve in a predetermined pattern. Enterprises require to timely and properly implement electronic technological innovation according to environmental adjustments to much better cultivate data-pushed dynamic capabilities. Conversely, when the environmental complexity is weak, as the cultivation of facts-pushed dynamic abilities requires enterprises to take in sources this kind of as manpower, resources, and fiscal resources, enterprises may possibly not prioritize cultivating this functionality due to small perceived stress from the exterior setting, thus building it difficult to endorse information-pushed dynamic capabilities. Thus, environmental complexity also strengthens the romantic relationship involving applications of electronic technological innovation and information-driven dynamic capabilities.

H6

Environmental complexity positively moderates the impression of digital know-how apps on knowledge-pushed dynamic capabilities.

The analysis framework of this analyze is shown in Fig. 2.

Determine 2
figure 2

Research framework diagram.

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