Research Of The Effects Of ZOOMLION’s Innovation Network On Technical Innovation Performance

With global competition increasing, technological innovation capability is increasingly becoming an important manifestation of its core competencies. However, only depending on limited resources, enterprise can’t meet the demand for its technology innovation. Therefore, getting a variety of innovative resources from the outside to carry out innovation activities has become an inevitable trend, building a suitable networks and leveraging innovation network resources is essential for improving innovation performance.Firstly, based on the literature review and theoretical analysis, we analysis the influence mechanism of network strength, network density and network centrality on technological innovation performance. Secondly, on the basis of theoretical analysis, we take case studies and questionnaires for ZOOMLION innovation network characteristics and their effects on ZOOMLION innovation performance. Finally, based on the results of empirical research, we provided some advises and policy for government departments and businesses on how to build innovation network, participate in innovation network and use the value of innovation network. Our main conclusions are as follows:First, although there are many studies have shown that innovation network characteristics have an important impact on technological innovation performance, there is no unanimous conclusion about whether the effect is positive or negative, and how this impact occurs. Second, ZOOMLION has a well-developed external innovation network now. It keeps closely links with surrounding innovation organization. Its innovative network has a significant feature of strong network strength, large network density and high degree of network centrality. Third, there has significant positive relationship between the network strength, network density and network centrality of ZOOMLION’s innovation network and its technical innovation performance. It suggests that the stronger of the network strength, the greater of the network density and the higher of the network centrality is more conducive to enhancing ZOOMLION’s technical innovation performance. Fourth, in order to take full advantage of the value of innovation networks and to improve technical innovation performance, a enterprise should establish a suitable innovation networks, and participate in innovation networks practice actively; optimize the level of networks relationship continuously, and communicate with other innovation main actively; strengthen the depth and breadth of ties to build deeper partnerships and to occupy a favorable position in innovation network as much as possible; nurture and enhance their ability to learn continuously.