Complementarities of internal R&D and alliances with different partner types
Florian Noseleit () and
Pedro de Faria
Journal of Business Research, 2013, vol. 66, issue 10, 2000-2006
Abstract:
In many innovation projects firms search for external knowledge sources since they cannot rely solely on their own R&D efforts. This study of technology alliances argues that collaborations with external partners affect the innovation output of firms not only directly but also indirectly by influencing the efficiency of internal R&D. Using a sample of firms in electrical and electronic equipment, empirical evidence identifies heterogeneous interaction between alliances and internal R&D efforts dependent on the type of partner. While collaboration with partners in related industries is more beneficial to a firm's internal R&D for producing innovations in comparison to alliances with partners in the same industry, collaboration with partners in unrelated fields decreases the efficiency of internal R&D efforts.
Keywords: Strategic alliances; Innovation; Complementarities (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (12)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:66:y:2013:i:10:p:2000-2006
DOI: 10.1016/j.jbusres.2013.02.025
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