Mapping the innovation production process from accumulative advantage to economic outcomes: A path modeling approach

Mapping the innovation production process from accumulative advantage to economic outcomes: A path modeling approach: "Publication year: 2011
Source: Technovation, In Press, Corrected Proof, Available online 4 May 2011
Kaihua, Chen , Jiancheng, Guan
The research about the innovation production process (IPP) is burgeoning. Our understanding of the interdependent interactions between functionally distinct innovation activities during it from a systemic perspective is rather unclear, yet, which is beneficial to empirical innovation management. This study, based on systems thinking, presents a novel analytical framework to empirically and quantitatively map the IPP jointly associated with a path modeling approach, which helps in untangling the interactive mechanism between stage-specific innovation activities with distinct functions within an IPP from accumulative advantage to economic outcomes. We use the attractive analytical framework to guide an empirical investigation to the China's...
 Highlights: ► A novel analytical framework was developed to empirically map the innovation production process. ► The interdependent interactions between distinct innovation activities are described. ► A structural modeling approach was employed to empirically examine the innovation path. ► The phenomena “Matthew effect” and “Path dependence” were empirically investigated and confirmed. ► Our empirical study confirmed the dominant role of previous innovation capital accumulation."