Supplier change, market competition and enterprise innovation
European Journal of Innovation Management
ISSN: 1460-1060
Article publication date: 7 January 2022
Issue publication date: 8 June 2023
Abstract
Purpose
The purpose of this paper is to study enterprise innovation in the perspective of external supplier relationship. On this purpose, this paper examines the impact of supplier change on enterprise innovation with the moderating role of market competition.
Design/methodology/approach
Using 2012–2020 empirical data of Chinese listed manufacturing enterprises, this paper investigates the relationship among supplier change, market competition and enterprise innovation through a two-way interaction model.
Findings
The results show that supplier change has a negative impact on enterprise innovation. And market competition intensifies the negative relationship between supplier change and enterprise innovation. Additional analyses indicate that the main effect and the moderating effect are more significant when the enterprise is non-state-owned or has lower ownership concentration.
Originality/value
This paper studies enterprise innovation from the perspective of external stakeholders. It focuses on supplier relationship in a dynamic variation view, instead of the traditional static ones. Moreover, this paper explores the contingency effect of market competition and gives practical implications for managers to adjust innovation strategy flexibly.
Keywords
Acknowledgements
The authors thank for the support from National Natural Science Foundation of China (No.72102108), Humanities and Social Sciences Foundation of the Ministry of Education in China (No.20YJC630245) and Fundamental Research Funds for the Central Universities (No.30919013229).
Citation
Zu, Y. and Zhang, R. (2023), "Supplier change, market competition and enterprise innovation", European Journal of Innovation Management, Vol. 26 No. 4, pp. 1034-1053. https://doi.org/10.1108/EJIM-09-2021-0480
Publisher
:Emerald Publishing Limited
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