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Innovation outcomes and partner-type selection in R&D Alliances: The role of simultaneous diversification and sequential adaptation


Beck, Mathias; Bento, Cindy Lopes (2016). Innovation outcomes and partner-type selection in R&D Alliances: The role of simultaneous diversification and sequential adaptation. UZH Business Working Paper Series 363, University of Zurich.

Abstract

This study focuses on how firms form and sequentially adapt their inter organizational knowledge sourcing structures within research and development (R&D) alliances and how this process impacts their innovation performance. In contrast to the previous literature that mainly ignores the dynamic aspects of how firms adapt their search strategies, our approach accounts for sequential adaptation. Our proposed framework explores the role of simultaneous diversification and sequential adaptation of collaboration partners within R&D alliances according to specific innovation outcomes. The results emphasize that firms should not remain within the same search activities indefinitely, as non-adapting interorganizational knowledge transfer structures lead to inferior performance. Notably, this study highlights important partner-type selectivity and identifies appropriate simultaneous diversification and sequential adaptation strategies in relation to specific innovation outcomes and firm sizes.

Abstract

This study focuses on how firms form and sequentially adapt their inter organizational knowledge sourcing structures within research and development (R&D) alliances and how this process impacts their innovation performance. In contrast to the previous literature that mainly ignores the dynamic aspects of how firms adapt their search strategies, our approach accounts for sequential adaptation. Our proposed framework explores the role of simultaneous diversification and sequential adaptation of collaboration partners within R&D alliances according to specific innovation outcomes. The results emphasize that firms should not remain within the same search activities indefinitely, as non-adapting interorganizational knowledge transfer structures lead to inferior performance. Notably, this study highlights important partner-type selectivity and identifies appropriate simultaneous diversification and sequential adaptation strategies in relation to specific innovation outcomes and firm sizes.

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Additional indexing

Item Type:Working Paper
Communities & Collections:03 Faculty of Economics > Department of Business Administration
Dewey Decimal Classification:330 Economics
Language:English
Date:2016
Deposited On:24 Jan 2017 15:59
Last Modified:07 Jul 2017 07:12
Series Name:UZH Business Working Paper Series
Free access at:Publisher DOI. An embargo period may apply.
Publisher DOI:https://doi.org/10.2139/ssrn.2823572
Official URL:https://ssrn.com/abstract=2823572
Other Identification Number:merlin-id:14493

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