Study On The Relationship Among Knowledge Spillover, Innovative Intention And Innovative Capacity Of Emerging Enterprises

Since the emergence of open innovation, this novel thinking model has quickly diffused across the innovative activities of enterprises. Compared with traditional closed innovation, open innovation expands business perspectives for corporations, and it means that valuable originality can be acquired from firms’ inside and outside simultaneously. For the purpose of enhancing innovation performance, enterprises should utilize external knowledge sources appropriately during the process of innovation, and the capacity of applying outer elements is the key portion of innovative capacity. Following the advent of knowledge economy, the utility of open innovation in knowledge transfer and knowledge management features further, and as important form of knowledge transfer, knowledge spillover obtains an increasing attention from both researchers and entrepreneurs due to its extremely inexpensive cost. The problems, such as how to balance the relationship between open innovation and knowledge spillovers and how to enhance innovative capacity efficaciously by means of knowledge spillovers, not only require deep researches and improvements in academic world, but also prove to be inevitable challenge for corporations’ innovation and development.On the basis of open innovation theory and literature reviews of knowledge spillovers and technological innovation, this paper firstly empirically analyses the transmission mechanism of knowledge spillovers between innovation openness and innovative capacity in emerging enterprises according to the questionnaire survey from emerging enterprises and subsequent data analysis via SPSS and AMOS, and then further discusses the mediating effect of R&D novelty between knowledge spillovers and innovative capacity. The results show that firstly innovation openness(range and intensity) poses a direct active impact on innovative capacity of emerging corporations, while knowledge spillovers have a partial mediating effect between innovation openness and innovative capacity, then secondly knowledge spillovers produce a direct stimulation to innovative capacity, while R&D novelty plays a partial mediating effect between knowledge spillover and innovative capacity, and finally the relation of knowledge spillovers and innovative intention exhibits an inverse-U curve, which impairs synergetic effect of knowledge spillovers and innovative intention on innovative capacity. This research builds linkage of two important notions(open innovation and knowledge spillovers), and reveals the pivotal function of knowledge spillovers between innovation openness and innovative capacity, which not only expands relevant theoretical realm, but also provides guidance for open innovation practice of emerging enterprises.