The Multi-case Analysis on the Factors of Source Innovation: Based on the ISM

Abstract

Source innovation is a new innovation activity that build new concept, combine existing resources and realize new value. Taking 5 famous innovation cases such as Wanda, Alibaba, Meituan, DiDi and Haier as samples, this paper analyzes 25 factors of firms source innovation, and constructs interpretative structural model of factors. The results show that, social pain point, policy orientation, environmental change and customer needs are the external objective factors of source innovation. Open sharing, proactive collaboration, innovation atmosphere, faith and confidence are the internal cultural factors that influence the source innovation. Business opportunity discovery, organizational forgetfulness, absorptive capacity, technical capacity, performance basis, human capital, and social network constitute the internal capacity factors of source innovation. Stratagem pioneer, integration ability and reform courage directly affect source innovation, which is an important guarantee for the success of source innovation.