›› 2019, Vol. 31 ›› Issue (12): 73-84.

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A Study of How Institutional Legitimacy and Absorptive Capacity Influence Technology Standard Competence

Gao Zhaojun, Zhang Hongru   

  1. Business School of Changzhou University, Changzhou 213164
  • Received:2017-02-16 Online:2019-12-28 Published:2019-12-24

Abstract:

In this paper we study the internal and external factors that influence technology standard competence and the influencing process and mechanism. Incorporating theories of technology standard competition and new institutionalism, we explore, from an open innovation perspective, the role that absorptive capacities and institutional legitimacy play in technology standard competence. Employing high-tech firms as the research sample, we test the theoretical hypotheses with Poisson Regression and Survival Analysis. It is found that inbound innovation enhances the competitiveness of technology standard, which is strengthened by absorptive capacity and weakened by institutional distance. Meanwhile, enterprises' pursuit of institutional legitimacy improves the competitiveness of technology standard. External institutional legitimacy is more likely to promote the overall competitiveness measured by the number of technology standards while internal institutional legitimacy contributes to the formation of the first technology standard. Finally, we elaborate both the theoretical and practical implications for enterprises in the competition of technology standards.

Key words: technology standard, open innovation, absorptive capacity, legitimacy distance, institutional legitimacy