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Title: RESEARCH ON THE IMPACT OF INBOUND OPEN INNOVATION ON FINANCIAL PERFORMANCE-- FROM THE PERSPECTIVE OF TECHNOLOGY INTRODUCTION
Authors: ChEN Jing Jing
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ChEN Jing Jing College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing 210016, China.
MLA 8 Jing, ChEN Jing. "RESEARCH ON THE IMPACT OF INBOUND OPEN INNOVATION ON FINANCIAL PERFORMANCE- FROM THE PERSPECTIVE OF TECHNOLOGY INTRODUCTION." Int. j. of Social Science and Economic Research, vol. 3, no. 9, Sept. 2018, pp. 4530-4546, ijsser.org/more2018.php?id=321. Accessed Sept. 2018. APA Jing, C. (2018, September). RESEARCH ON THE IMPACT OF INBOUND OPEN INNOVATION ON FINANCIAL PERFORMANCE- FROM THE PERSPECTIVE OF TECHNOLOGY INTRODUCTION. Int. j. of Social Science and Economic Research, 3(9), 4530-4546. Retrieved from ijsser.org/more2018.php?id=321 Chicago Jing, ChEN Jing. "RESEARCH ON THE IMPACT OF INBOUND OPEN INNOVATION ON FINANCIAL PERFORMANCE- FROM THE PERSPECTIVE OF TECHNOLOGY INTRODUCTION." Int. j. of Social Science and Economic Research 3, no. 9 (September 2018), 4530-4546. Accessed September, 2018. ijsser.org/more2018.php?id=321.
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Abstract: Affected by the economic globalization, the various countries' political and economic pattern has significant changes. It is gradually from the past closed innovation to open innovation. Today, the inbound open innovation has become a hot issue in research of innovation management. This paper puts forward the relationship model between open innovation and firm performance, discusses the parameter of technology innovation, performance and control variables. With the data of high-tech companies as sample, using the empirical analysis to discuss the best strength of technology introduction and provide the management suggestion for the enterprises. The research results show that strength of technology introduction has an inversed U relationship on firm performance. When the strength of technology introduction reaches 0.00359, enterprises get the maximum return on equity. So companies should get the sweet spot in the technology introduction and self-innovation to enhance business performance.

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