Influence of alliance portfolio diversity on innovation performance: the role of internal capabilities of value creation |
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Authors: | Chung Doohee Kim Marco Jinhwan Kang Jina |
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Institution: | 1.School of Global Entrepreneurship and ICT, Handong Global University, 558 Handong-Ro, Buk-gu, Pohang, Gyung-buk, 37554, South Korea ;2.Technology Management Economics and Policy Program (TEMEP), Seoul National University, 1 Gwanak-ro, Gwanak-gu, Seoul, 151-744, South Korea ; |
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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. |
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