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author:

Chen, Weimin (Chen, Weimin.) [1] | Luo, Yalin (Luo, Yalin.) [2] | Rao, Miao (Rao, Miao.) [3] | Zhang, Pengdong (Zhang, Pengdong.) [4]

Indexed by:

SSCI Scopus

Abstract:

This paper investigates the impact of corporate collaboration culture on firms' breakthrough innovation. Utilizing MD&A texts from the annual reports of Chinese A-share listed companies, we develop a measure for collaboration culture and examine its influence on firms' breakthrough innovation outputs. Our findings indicate that collaboration culture inhibits breakthrough innovation through two primary mechanisms: 1) it fosters innovation path dependence, whereby firms prioritize refining existing technologies over exploring new avenues, as collaboration culture promotes collectivism while discouraging individual creativity; 2) it restricts knowledge spillovers between firms due to internal collaboration substituting for external collaborative efforts. The adverse effects are particularly pronounced among private enterprises, within competitive industries, in regions characterized by lower levels of industrial clustering, and among firms with limited digital transformation capabilities.

Keyword:

Breakthrough innovation Collaboration culture Individual creativity

Community:

  • [ 1 ] [Chen, Weimin]Fuzhou Univ, Sch Econ & Management, Fuzhou, Peoples R China
  • [ 2 ] [Luo, Yalin]Xiamen Univ, Wang Yanan Inst Studies Econ, Xiamen, Peoples R China
  • [ 3 ] [Rao, Miao]Jimei Univ, Sch Foreign Languages, Business English Dept, Zhumadian, Peoples R China
  • [ 4 ] [Zhang, Pengdong]Sun Yat Sen Univ, Ctr Accounting Finance & Inst, Sch Business, Guangzhou, Peoples R China

Reprint 's Address:

  • [Rao, Miao]Jimei Univ, Sch Foreign Languages, Business English Dept, Zhumadian, Peoples R China

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Source :

FINANCE RESEARCH LETTERS

ISSN: 1544-6123

Year: 2025

Volume: 78

7 . 4 0 0

JCR@2023

CAS Journal Grade:2

Cited Count:

WoS CC Cited Count: 10

SCOPUS Cited Count: 11

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 0

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