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Strategic Alliances Influence on Innovation Performance: The Moderating Role of Human Capital  

Lim, Euncheon (Kookmin University)
Publication Information
Asia-Pacific Journal of Business Venturing and Entrepreneurship / v.14, no.3, 2019 , pp. 39-46 More about this Journal
Abstract
Research has shown that alliances with external partners are valuable to foster internal R & D efforts. However, it is not well known how to take advantage of the potential benefits of strategic alliances to create innovative outcomes. This study examines the value of strategic alliances and analyzes the role of human capital in the impact of strategic alliances on innovation performance. This study focuses on whether the absorptive capacity of human capital affects firm innovation through interaction with strategic alliances. In the analysis using 2,205 Korean venture firm data, strategic alliances have a positive effect on innovation performance. However, the moderating role of human capital in the relationship between strategic alliances and innovation performance shows a significant negative impact. This implies that the ability to internalize knowledge and information acquired from external partners into the firm is important. This study provides valuable insights for managers who want to enhance the effectiveness of strategic alliances by considering the interaction of strategic alliances and human capital.
Keywords
Strategic Alliances; Human capital; Innovation Performance;
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Times Cited By KSCI : 2  (Citation Analysis)
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