Open-Innovation Effectiveness: When does the Macro Design of Alliance Portfolios Matter?

Shalini Rogbeer, Rangga Almahendra and Björn Ambos

Journal of International Management, 2014, vol. 20, issue 4, 464-477

Abstract: We determine the impact of the macro-design of a firm's alliance portfolio on its open-innovation effectiveness. Three elements of macro-design—international, technological, and partner diversity—are theorized to affect the breadth of knowledge sourcing, which is an important facet of open-innovation effectiveness. We test our hypotheses on a sample of 982 firm-years in the biotech industry. We find a U-shaped relationship between knowledge-sourcing breadth and international diversity. We also find that that technological diversity has no impact on knowledge-sourcing breadth. Furthermore, when seeking valuable knowledge, partner diversity is detrimental to knowledge-sourcing breadth.

Keywords: Open-innovation; Alliance portfolio macro-design; Knowledge sourcing; Diversity (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (13)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:intman:v:20:y:2014:i:4:p:464-477

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DOI: 10.1016/j.intman.2014.09.003

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