The Impact of Social Responsibility and Innovation Ecosystem of Chinese Pharmaceutical Enterprises on Innovation Performance
Author (s)
Qiao Jian Min
Abstract
This article studies how corporate social responsibility affects the innovation performance of pharmaceutical companies from the perspective of the innovation ecosystem. Based on a large amount of theoretical evidence, we have proposed hypotheses about the constituent dimensions of key factors and their impact on relationships. We constructed a measurement scale for corporate social responsibility, resource acquisition, synergy, and innovation performance from measurement projects, expert interviews, interviewee interviews, and pre surveys. Large scale formal research provided data, and regression analysis confirmed the hypothesis. Out of 11 research hypotheses, 9 were validated by data, 1 was not validated, and 1 was partially supported. And its effectiveness and ineffectiveness were tested. Summarized the document and provided suggestions to the management. Pharmaceutical companies can improve innovation performance by fulfilling social responsibility, and the support of the innovation ecosystem mediates the causal relationship between corporate social responsibility and innovation performance. Innovation ecosystem support mainly includes resource acquisition and collaborative symbiosis. The focus of innovation ecosystem support is on synergy and resource acquisition. Corporate social responsibility and innovation performance are linked through resource acquisition and synergy.
Keywords: Social Responsibility, Innovation Ecosystem, Chinese Pharmaceutical Enterprises, Innovation Performance.
Title: | The Impact of Social Responsibility and Innovation Ecosystem of Chinese Pharmaceutical Enterprises on Innovation Performance |
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Author: | Qiao Jian Min |
Journal Name: | International Journal of Science and Business |
Website: | ijsab.com |
ISSN: | ISSN 2520-4750 (Online), ISSN 2521-3040 (Print) |
DOI: | https://doi.org/10.58970/IJSB.2377 |
Media: | Online |
Volume: | 36 |
Issue: | 1 |
Issue publication (Year): | 2024 |
Acceptance Date: | 14/05/2024 |
Date of Publication: | 18/05/2024 |
PDF URL: | https://ijsab.com/wp-content/uploads/2377.pdf |
Free download: | Available |
Page: | 84-99 |
First Page: | 84 |
Last Page: | 99 |
Paper Type: | Research paper |
Current Status: | Published |
Cite This Article:
Qiao Jian Min (2024). The Impact of Social Responsibility and Innovation Ecosystem of Chinese Pharmaceutical Enterprises on Innovation Performance. International Journal of Science and Business, 36(1), 84-99. DOI: https://doi.org/10.58970/IJSB.2377
Retrieved from https://ijsab.com/wp-content/uploads/2377.pdf
About Author (s)
Qiao Jian Min, Asia Metropolitan University, Malaysia.
DOI: https://doi.org/10.58970/IJSB.2377