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Cooperating with external partners: The importance of diversity for innovation performance


Beck, Mathias; Schenker-Wicki, Andrea (2012). Cooperating with external partners: The importance of diversity for innovation performance. In: The 5th ISPIM Innovation Symposium - Stimulating Innovation: Challenges for Management, Science & Technology, Seoul, Korea, 9 December 2012 - 12 December 2012.

Abstract

Innovations are rarely generated in complete isolation. Due to the inherent uncertainty, the manifold underlying knowledge base and high financial investments, firms seek to integrate external partners for the generation of new products and processes. However there is an ongoing debate whether firms, which develop their innovations in close cooperation with external partners, such as suppliers, customers and governmental research institutions, can benefit with respect to innovation performance in contrast to firms which cooperate less. This paper aims at investigating how diversity in cooperation partners effects the firms' output innovation performance in terms of generated sales with innovative products. To address this question the authors analyze a large-scale sample of microdata from Swiss firms derived from four waves (1999, 2002, 2005, and 2008) of the Swiss innovation survey data according to the European Community Innovation Survey, applying a panel data analysis. The findings suggest, that firms with a higher diversity in cooperation partners could benefit in generating new product innovations.

Abstract

Innovations are rarely generated in complete isolation. Due to the inherent uncertainty, the manifold underlying knowledge base and high financial investments, firms seek to integrate external partners for the generation of new products and processes. However there is an ongoing debate whether firms, which develop their innovations in close cooperation with external partners, such as suppliers, customers and governmental research institutions, can benefit with respect to innovation performance in contrast to firms which cooperate less. This paper aims at investigating how diversity in cooperation partners effects the firms' output innovation performance in terms of generated sales with innovative products. To address this question the authors analyze a large-scale sample of microdata from Swiss firms derived from four waves (1999, 2002, 2005, and 2008) of the Swiss innovation survey data according to the European Community Innovation Survey, applying a panel data analysis. The findings suggest, that firms with a higher diversity in cooperation partners could benefit in generating new product innovations.

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Additional indexing

Item Type:Conference or Workshop Item (Paper), refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Business Administration
Dewey Decimal Classification:330 Economics
Language:English
Event End Date:12 December 2012
Deposited On:27 Nov 2012 16:55
Last Modified:13 Aug 2017 12:18
Publisher DOI:https://doi.org/10.1504/EJIM.2014.064604
Related URLs:http://symposium.ispim.org/
Other Identification Number:merlin-id:7438

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