Entropy (Nov 2023)

How Do Heterogeneous Networks Affect a Firm’s Innovation Performance? A Research Analysis Based on Clustering and Classification

  • Liping Zhang,
  • Hanhui Qiu,
  • Jinyi Chen,
  • Wenhao Zhou,
  • Hailin Li

DOI
https://doi.org/10.3390/e25111560
Journal volume & issue
Vol. 25, no. 11
p. 1560

Abstract

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Based on authorized patents of China’s artificial intelligence industry from 2013 to 2022, this paper constructs an Industry–University–Research institution (IUR) collaboration network and an Inter-Firm (IF) collaboration network and used the entropy weight method to take both the quantity and quality of patents into account to calculate the innovation performance of firms. Through the hierarchical clustering algorithm and classification and regression trees (CART) algorithm, in-depth analysis has been conducted on the intricate non-linear influence mechanisms between multiple variables and a firm’s innovation performance. The findings indicate the following: (1) Based on the network centrality (NC), structural hole (SH), collaboration breadth (CB), and collaboration depth (CD) of both IUR and IF collaboration networks, two types of focal firms are identified. (2) For different types of focal firms, the combinations of network characteristics affecting their innovation performance are various. (3) In the IUR collaboration network, focal firms with a wide range of heterogeneous collaborative partners can obtain high innovation performance. However, focal firms in the IF collaboration network can achieve the same aim by maintaining deep collaboration with other focal firms. This paper not only helps firms make scientific decisions for development but also provides valuable suggestions for government policymakers.

Keywords