Driving mechanism of high-tech enterprises sustainable development from collaborative dual innovation perspective in eastern China based on system dynamics model

ABSTRACTThe impact of dual innovation on enterprises sustainable development is a dynamic evolutionary relationship. Based on the dynamic perspective, this paper uses the system dynamics method to analyse the dynamic feedback mechanism of dual innovation affecting enterprises sustainable development, and discusses the dynamic evolution relationship between them. The results show that in the process of enterprise dynamic development, the development of exploitative innovation and exploratory innovation can improve the sustainable development ability of enterprises, which has the greatest improvement on the market adaptability and economic strength level in the dimension of enterprise sustainable development, the improvement range of enterprise production and operation ability is in the middle, and has little correlation with the improvement of enterprise operation and management ability and human resources level; with the improvement of human resource level, production and operation ability, economic strength level, market adaptability and operation and management ability of enterprises, the exploitative innovation ability, exploratory innovation ability, collaborative dual innovation and its two dimensions of enterprises show an upward trend; In the process of enterprise development, the impact of environmental dynamics on the collaborative dual innovation and dual innovation balance appears negative in the early stage, and then becomes positive.KEYWORDS: Exploitative innovationexploratory innovationcollaborative dual innovationenterprises sustainable developmentsystem dynamics model Disclosure statementNo potential conflict of interest was reported by the author (s).Additional informationFundingThis work was supported by National Social Science Fund of China: [Grant Number 22BGL104]; International Cooperation Research Platform FundïIA-ICRPï of Shandong University of Finance and Economics: [Grant Number 202101].Notes on contributorsRuixue LiRuixue Li (1986-), Female; Native place: Dezhou, Shandong Province, China; Lecturer of Shandong University of Finance and Economics, Postgraduate supervisor; Research areas: Innovative management, Sustainable development of enterprise, Digital enterprises.Ge ZhangGe Zhang (1978-), Male; Native place: Jining, Shandong Province, China; Associate professor of Shandong University of Finance and Economics, Master supervisor; Research areas: Innovation Management.Shuang LiShuang Li (1977-), Female; Native place: Jinan, Shandong Province, China; Associate professor of Shandong University of Finance and Economics; Research areas: Innovation management and enterprises sustainable development.Aiguo WangAiguo Wang (1964-), Male; Native place: Weifang, Shandong Province, China; Professor of Shandong University of Finance and Economics, Doctoral supervisor; Research areas: Technological innovation and Innovation management.