Institutional environment, technological innovation capability and service-oriented transformation.

ABSTRACT: The external institutional environment is the foundation for the survival and development of enterprises. Enterprises can only obtain legitimate and heterogeneous resources through continuous strategic reform and institutional innovation to match their internal strategies with the external environment. The paper selected the manufacturing enterprises that implemented service-oriented transformation strategies in China from 2016-2019 as a sample based on the realistic background of frequent institutional changes and overlapping market changes during China's economic transformation. The impact of different aspects of the institutional environment on service-oriented transformation and the moderating role of technological innovation capacity were examined empirically. The results showed that

SUBMITTER: Su X 

PROVIDER: S-EPMC9904499 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature