Journal of Information Technology Applications and Management

Korea Data Strategy Society (한국데이터전략학회)
권호 표지
DOI QR코드

DOI QR Code

The Characteristics of Network and Innovation in the IT Venture Company: Examining the Roles of Absorptive Capacity

  • Han, Su Jin (Division of Business Administration, Hoseo University) ;
  • Kang, Sora (Division of Business Administration, Hoseo University)
  • Received : 2015.08.30
  • Accepted : 2015.09.19
  • Published : 2015.09.30
Download PDF
⟨ Previous Next ⟩

Abstract

The purpose of this study is to provide an explanation for the association between the characteristics of a network and the type of innovation by considering the effect of absorptive capacity. To do so, this study examined the moderating effects of absorptive capacity on the characteristics of network-innovation relationship in a technical-driven venture company. In order to obtain a better understanding about consequences caused by interfirm network, information was obtained from 169 Korean IT venture companies. Results confirmed that the network diversity is positively associated with exploration. Our results also suggested that the network strength is positively associated with exploitation. Finally, we found a positive two-way interaction between absorptive capacity and the network diversity-exploration relationship. Then, we discussed implications and directions for future research.

Keywords

References

  1. Barkema, H. G. and Vermeulen, F., "International expansion through start-up or acquisition: A learning perspective", Academy of Management Journal, Vol. 41, No. 1, 1998, pp. 7-26. https://doi.org/10.2307/256894
  2. Baum, J. A., Calabrese, T., and Silverman, B. S., "Don't go it alone: Alliance network composition and startups' performance in Canadian biotechnology", Strategic management Journal, Vol. 21, No. 3, 2000, pp. 267-294. https://doi.org/10.1002/(SICI)1097-0266(200003)21:3<267::AID-SMJ89>3.0.CO;2-8
  3. Benner, M. J. and Tushman, M. L., "Exploitation, exploration, and process management: The productivity dilemma revisited", Academy of Management Review, Vol. 28, No. 2, 2003, pp. 238-256. https://doi.org/10.5465/AMR.2003.9416096
  4. Blau, P. M., Inequality and heterogeneity: A primitive theory of social structure (Vol. 7). New York: Free Press, 1977.
  5. Burt, R. S., "Network items and the general social survey", Social Networks, Vol. 6, No. 4, 1984, pp. 293-339. https://doi.org/10.1016/0378-8733(84)90007-8
  6. Burt, R. S., "A note on social capital and network content", Social networks, Vol. 19, No. 4, 1997, pp. 355-373. https://doi.org/10.1016/S0378-8733(97)00003-8
  7. Chin, W. W., The partial least squares approach for structural equation modeling. G. A. Marcoulides, ed. Modern Methods for Business Research. Lawrence Erlbaum Associates, Mahwah, NJ, 1998, pp. 295-336.
  8. Collinson, S. and Wilson, D. C., "Inertia in Japanese organizations: Knowledge management routines and failure to innovate", Organization Studies, Vol. 27, No. 9, 2006, pp. 1359-1387. https://doi.org/10.1177/0170840606067248
  9. Demirkan, I., Deeds, D. L., and Demirkan, S., "Exploring the role of network characteristics, knowledge quality, and inertia on the evolution of scientific networks", Journal of Management, Vol. 39, No. 6, 2013, pp. 1462- 1489. https://doi.org/10.1177/0149206312453739
  10. Grant, R. M. and Baden-Fuller, C., "A knowledge accessing theory of strategic alliances", Journal of Management Studies, Vol. 41, No. 1, 2004, pp. 61-84. https://doi.org/10.1111/j.1467-6486.2004.00421.x
  11. Gulati, R., "Network location and learning: The influence of network resources and firm capabilities on alliance formation", Strategic Management Journal, Vol. 20, No. 5, 1999, pp. 397-420. https://doi.org/10.1002/(SICI)1097-0266(199905)20:5<397::AID-SMJ35>3.0.CO;2-K
  12. Hair, J. F., Anderson, R. E., Tatham, R. L., Black, W. C., Multivariate Data Analysis, 5th ed. Prentice-Hall, Upper Saddle River, NJ, 1998.
  13. Hansen, B. E., "Threshold effects in non-dynamic panels: Estimation, testing, and inference", Journal of Econometrics, Vol. 93, No. 2, 1999, pp. 345-368. https://doi.org/10.1016/S0304-4076(99)00025-1
  14. Hennart, J. F., Kim, D. J., and Zeng, M., "The impact of joint venture status on the longevity of Japanese stakes in US manufacturing affiliates", Organization Science, Vol. 9, No. 3, 1998, pp. 382-395. https://doi.org/10.1287/orsc.9.3.382
  15. Jansen, J. J., Van Den Bosch, F. A., and Volberda, H. W., "Managing potential and realized absorptive capacity: how do organizational antecedents matter?", Academy of Management Journal, Vol. 48, No. 6, 2005, pp. 999-1015. https://doi.org/10.5465/AMJ.2005.19573106
  16. Katila, R. and Mang, P. Y., Interorganizational development activities: the likelihood and timing of contracts. In Academy of Management Proceedings (Vol. 1999, No. 1, pp. B1-B6). Academy of Management, 1999.
  17. Khandwalla, P. N., "Viable and effective organizational designs of firms", Academy of Management Journal, Vol. 16, No. 3, 1973, pp. 481-495. https://doi.org/10.2307/255008
  18. Kim, T. Y., Oh, H., and Swaminathan, A., "Framing interorganizational network change: A network inertia perspective", Academy of Management Review, Vol. 31, No. 3, 2006, pp. 704-720. https://doi.org/10.5465/AMR.2006.21318926
  19. Kogut, B. and Zander, U., "Knowledge of the firm and the evolutionary theory of the multinational corporation", Journal of International Business Studies, Vol. 24, No. 4, 1993, pp. 625-645. https://doi.org/10.1057/palgrave.jibs.8490248
  20. Kraatz, M. S., "Learning by association? Interorganizational networks and adaptation to environmental change", Academy of Management Journal, Vol. 41, No. 6, 1998, pp. 621-643. https://doi.org/10.2307/256961
  21. Lavie, D. and Rosenkopf, L., "Balancing exploration and exploitation in alliance formation", Academy of Management Journal, Vol. 49, No. 4, 2006, pp. 797-818. https://doi.org/10.5465/AMJ.2006.22083085
  22. Lewin, A. Y., Massini, S., and Peeters, C., "Microfoundations of internal and external absorptive capacity routines", Organization Science, Vol. 22, No. 1, 2011, pp. 81-98. https://doi.org/10.1287/orsc.1100.0525
  23. Lubatkin, M. H., Simsek, Z., Ling, Y., and Veiga, J. F., "Ambidexterity and performance in small-to medium-sized firms: The pivotal role of top management team behavioral integration", Journal of management, Vol. 32, No. 5, 2006, pp. 646-672. https://doi.org/10.1177/0149206306290712
  24. Ma, X., Yao, X., and Xi, Y., How do interorganizational and interpersonal networks affect a firm's strategic adaptive capability in a transition economy?", Journal of Business Research, Vol. 62, No. 11, 2009, pp. 1087- 1095. https://doi.org/10.1016/j.jbusres.2008.09.008
  25. Miller, D. and Chen, M. J., "Sources and consequences of competitive inertia: A study of the US airline industry", Administrative Science Quarterly, Vol. 39, No. 1, 1994, pp. 1-23. https://doi.org/10.2307/2393492
  26. Nieto, M. and Quevedo, P., "Absorptive capacity, technological opportunity, knowledge spillovers, and innovative effort", Technovation, Vol. 25, No. 10, 2005, pp. 1141- 1157. https://doi.org/10.1016/j.technovation.2004.05.001
  27. Nunnally, J. C., Psychometric theory, New York: McGraw-Hill, 1978.
  28. Pfeffer, J. and Salancik, G. R., The external control of organizations: A resource dependence perspective, Stanford University Press, 2003.
  29. Reagans, R. and McEvily, B., "Network structure and knowledge transfer: The effects of cohesion and range", Administrative science quarterly, Vol. 48, No. 2, 2003, pp. 240- 267. https://doi.org/10.2307/3556658
  30. Rothaermel, F. T. and Alexandre, M. T., "Ambidexterity in technology sourcing: The moderating role of absorptive capacity", Organization Science, Vol. 20, No. 4, 2009, pp. 759-780. https://doi.org/10.1287/orsc.1080.0404
  31. Sharifirad, M. S., "Relationship between knowledge inertia and organizational learning", International Journal of Information Technology and Knowledge Management, Vol. 2, No. 2, 2010, pp. 323-327.
  32. Simonin, B. L., "Ambiguity and the process of knowledge transfer in strategic alliances", Strategic Management Journal, Vol. 20, No. 7, 1999, pp. 595-623. https://doi.org/10.1002/(SICI)1097-0266(199907)20:7<595::AID-SMJ47>3.0.CO;2-5
  33. Storey, D. J., Understanding the small business sector. University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship, 1994.
  34. Thorelli, H. B., "Networks: between markets and hierarchies", Strategic Management Journal, Vol. 7, No. 1, 1986, pp. 37-51. https://doi.org/10.1002/smj.4250070105
  35. Zahra, S. A. and George, G., "Absorptive capacity: A review, reconceptualization, and extension", Academy of Management Review, Vol. 27, No. 2, 2002, pp. 185-203. https://doi.org/10.5465/amr.2002.6587995