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A four-factor model of knowledge agglomeration

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Abstract

This study develops a comprehensive four-factor model to analyze the factors that influence knowledge agglomeration. To test the model empirically, we use a dataset from firms in China’s digital industry and employ the structural equation model and RM-DEMATEL method to determine the relationship between these factors and their impact on knowledge agglomeration. We find that effectiveness, coupling, and talent synergy have significant positive impact on knowledge agglomeration. Instead, knowledge concentration has an inverted U-shaped relationship with knowledge agglomeration. In addition, knowledge concentration moderates the relationship between knowledge effectiveness, coupling, talent synergy, and knowledge agglomeration. Based on these findings, we construct a multi-dimensional indicator system that allows us to assess more extensively the roles of those factors, we find that knowledge concentration is a fundamental factor in this system. The density and speed of concentration and knowledge causality also play important roles. Our findings offer a theoretical framework for firms in developing their knowledge management strategies.

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Notes

  1. For example: knowledge agglomeration at Stanford University’s industrial Park. In 1953, Stanford provost Frederick Emmons Terman established the honors cooperative program, which allowed some electronics companies to send employees to Stanford for degrees to strengthen corporate ties with the university. In addition, the industrial affiliates Program was launched to provide companies with the scientific and technical results of related research projects. These two programs are based on the needs of companies to acquire knowledge and potential employees, and realize the knowledge agglomeration around Stanford University.

    Therefore, if an enterprise want to promote the effective agglomeration of knowledge resources and realize the real competitiveness, it is necessary to build a platform that can make knowledge resources efficiently agglomeration, and the essence of this knowledge agglomeration platform is an effective way of knowledge resources allocation.

  2. Abraham Flexner disputed Kodak’s founder, George Eastman’s view, that the radio invented by Guglielmo Marconi was the most useful invention, arguing that the theoretical contributions of Clark Maxwell and Heinrich Hertz were more useful. He wrote that although Maxwell’s theory of electromagnetism published in 1873 was entirely abstract mathematics, and Hertz in 1887 was not concerned about the practical value of his experiments on electromagnetic waves, these seemingly useless studies laid the foundation for later useful inventions, without which Marcony’s inventions would not have been possible.

  3. The “Statistical Classification of the Digital Economy and Its Core Industries (2021)” has been adopted at the 10th executive meeting of the National Bureau of Statistics on May 14, 2021. http://www.gov.cn/.

  4. Select the ratio of chi-square to degrees of freedom (CMIN/DF), root mean square error of approximation (RMSEA), goodness-of-fit index (GFI), comparative fit index (CFI), adjusted goodness-of-fit index (AGFI), Tucker-Lewis index (TLI), normed fit index (NFI), incremental fit index (IFI) to evaluate the fit of the model. CMIN/DF is between 1 and 3; RMSEA is less than .08; GFI, AGFI, TFI, IFI, CFI fit indicators are greater than .90.

  5. DEMATEL was proposed by Gabus and Fontela of Battelle Laboratories in the United States at a meeting in Geneva in 1971, aiming to analyze the relationship between various factors in a system. To overcome the limitations of the DEMATEL, the RM-DEMATEL combined the relationship graph and the BP artificial neural network model to construct the direct influence matrix. This method can simultaneously determine: 1) the classification of factors, 2) the degree of mutual influence between factors, and 3) the importance of each factor in the system.

  6. Supplement: The scope of digital knowledge (Resources) is vast, covering any resource that exists or is stored in digital format, regardless of its value or form.

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Che, Z., Wu, C. & Liu, X. A four-factor model of knowledge agglomeration. Asia Pac J Manag (2024). https://doi.org/10.1007/s10490-024-09955-3

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