Technology innovation, technology complexity, and co-creation effects on organizational performance: The role of government influence and co-creation

• Published in: Journal of open innovation 2023-12, Vol.9 (4), p.100150, Article 100150
• Main Authors: Huynh, Thang Nam, Van Nguyen, Phuong, Nguyen, Quynh Ngoc, Dinh, Phuong Uyen
• Format: Article
• Language: English
• Subjects: Co-creation; Organizational performance; PLS-SEM; Technology innovation; TOE framework
• ISSN: 2199-8531; 2199-8531
• DOI: 10.1016/j.joitmc.2023.100150

This study aims to identify key determinants impacting technology innovation and organizational performance, investigating how technological complexity and co-creation can enhance technology innovation and organizational performance. It also examines the role of government influence in stimulating technology innovation. The article extends the technology-organization-environment (TOE) framework to build a research model that supports hypothesis development. A survey design method collected data from 323 members of management teams in the manufacturing industry in Vietnam. A structural equation modeling approach enabled estimating the forecasted multidynamic relationships. The findings indicate that technological complexity, government influence, and co-creation significantly enhance technology innovation. Moreover, technological complexity, technology innovation, and co-creation stimulate organizational performance. Specifically, the results show government influence and organizational performance indirectly affecting organizational performance. The findings provide valuable insights for both academia and practitioners, offering a deeper understanding of the complex dynamics between determinants. A manufacturing industry could effectively utilize this study to implement innovative practices in its specific context.