Proceedings of the Korea Technology Innovation Society Conference (한국기술혁신학회:학술대회논문집)
- 2017.05a
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- Pages.357-391
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- 2017
Alliance Portfolio Diversity on Innovation Performance - the Role of Internal Capabilities of Value Creation
- Chung, Doohee (Technology Management, Economics, and Policy graduate program, Seoul National University) ;
- Kim, Marco (Samsung Economics Research Institute) ;
- Kang, Jina (the Technology Management, Economics, and Policy (TEMEP) graduate program)
- Published : 2017.05.26
Abstract
In this study, we suggest a new perspective on the linkage between alliance portfolio diversity and innovation performance based on a contingency approach. Using a longitudinal data set on alliance portfolios and patents of 182 firms in the U.S. manufacturing industries, we examined that alliance portfolio diversity has a U-shaped relationship with firm-level innovation. Internal value creation capabilities in terms of routine and ability are found to moderate the relationship between alliance portfolio diversity and innovation performance: Organizational search routine strengthens the relationship of alliance portfolio diversity and innovation performance while technological capabilities weaken and flip the relationship.