Effect of dual network embedding on the exploitative innovation and exploratory innovation of enterprises-based on the social capital and heterogeneous knowledge

In the process of cooperative innovation, an enterprise will become embedded in a social network consisting of industry-university cooperation (IUC) relations and a knowledge network (KN) composed of nodes of knowledge elements. This study yielded the following findings: structure capital (SC) has a significant positive impact on both corporate exploitative innovation (EI) and exploratory innovation (EY). Relationship capital (RC) has a clear inverted U relationship with both corporate EI and EY, which means that moderate relationship capital can promote both EI and EY. The depth of knowledge mastered by a firm has a positive effect on the firm’s EI and a limiting effect on its EY. The breadth of knowledge has a significant positive effect on the corporate EI (there is no inverted U relationship between them) and a clear inverted U relationship with corporate EY.