{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,3,19]],"date-time":"2026-03-19T15:20:42Z","timestamp":1773933642799,"version":"3.50.1"},"reference-count":83,"publisher":"MDPI AG","issue":"3","license":[{"start":{"date-parts":[[2026,3,19]],"date-time":"2026-03-19T00:00:00Z","timestamp":1773878400000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/creativecommons.org\/licenses\/by\/4.0\/"}],"funder":[{"name":"2025 Guangdong Provincial University Young Innovative Talents Project","award":["2025WQNCX050"],"award-info":[{"award-number":["2025WQNCX050"]}]},{"name":"Shandong Academy of Innovation and Development 2024 Research Project Supporting Scientific and Technological Innovation Development","award":["ITHAHMS002504"],"award-info":[{"award-number":["ITHAHMS002504"]}]}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Systems"],"abstract":"<jats:p>Corporate risk-taking, crucial for sustainable development, is shaped by the interplay of multiple institutional logics. However, existing research lacks a systematic understanding of how government, market, and technology logics collectively drive corporate risk-taking. This study addresses this gap by employing fuzzy-set Qualitative Comparative Analysis on data from Chinese intelligent manufacturing firms to explore the configurational pathways leading to high risk-taking. Our analysis reveals three distinct pathways: (1) An innovation-driven transformation pathway, characterized by a strong synergy between government and technology logics, with market logic playing a supplementary role. (2) A green transformation pathway, where government logic dominates, supported by market and technology logics in a hierarchical structure. (3) A resource synergy pathway, marked by the high-level integration of all three logics for strategic breakthroughs. Theoretically, this study advances institutional theory by developing an integrative framework that moves beyond a single-logic perspective, revealing the synergistic and substitutive relationships among multiple logics. Practically, our findings provide managers with a configurational roadmap for strategically aligning with institutional forces to enhance risk-taking capacity.<\/jats:p>","DOI":"10.3390\/systems14030326","type":"journal-article","created":{"date-parts":[[2026,3,19]],"date-time":"2026-03-19T12:49:24Z","timestamp":1773924564000},"page":"326","update-policy":"https:\/\/doi.org\/10.3390\/mdpi_crossmark_policy","source":"Crossref","is-referenced-by-count":0,"title":["A Configurational Analysis of Risk-Taking in Intelligent Manufacturing Firms Under Multiple Institutional Logics"],"prefix":"10.3390","volume":"14","author":[{"ORCID":"https:\/\/orcid.org\/0000-0002-1234-3989","authenticated-orcid":false,"given":"Zixin","family":"Dou","sequence":"first","affiliation":[{"name":"Guangzhou Institute of International Finance, Guangzhou University, Guangzhou 510006, China"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0000-0001-7228-9673","authenticated-orcid":false,"given":"Jianfeng","family":"Shi","sequence":"additional","affiliation":[{"name":"School of Economics and Management, Harbin Institute of Technology, Weihai 264209, China"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Shaoshuai","family":"Tang","sequence":"additional","affiliation":[{"name":"School of Management, Guangzhou University, Guangzhou 510006, China"}],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"1968","published-online":{"date-parts":[[2026,3,19]]},"reference":[{"key":"ref_1","doi-asserted-by":"crossref","first-page":"935","DOI":"10.1016\/j.jbusres.2021.10.034","article-title":"How does CEO demission threat affect corporate risk-taking","volume":"139","author":"Tan","year":"2022","journal-title":"J. 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