National depth and R&D alliance portfolio international expansion: The moderation of technological discontinuity and long-term orientation

Guiyang Zhang, Yuchen Gao and Yong Qi

Technological Forecasting and Social Change, 2022, vol. 180, issue C

Abstract: Numerous studies have reported the positive outcomes of an expanded international R&D alliance portfolio, yet very few investigate what drives its international expansion. This study fills the gap by developing a three-dimensional frame that demonstrates the national depth of prior alliance portfolio (ND), technological discontinuity (TD), and long-term orientation (LTO) to understand antecedents further. First, this study examines the role of ND by illustrating its trust mechanism derived from transaction cost economies and the learning mechanism based on organizational learning theory. Second, it investigates TD'S moderation role by explaining how it mitigates trust and learning mechanisms of ND from the resource-based view. Third, it explores LTO's three-way moderation role by elaborating on how it impacts decision-making. It develops novel quantitative measures and conducts empirical analysis using multi-source matching data of 106 firms spanning 11 years (2006−2016). Results show that national depth negatively impacts R&D alliance portfolio international expansion. High technological discontinuity weakens the negative impacting strength of national depth. High long-term orientation weakens the moderation strength of technological discontinuity.

Keywords: R&D alliance portfolio; International expansion; National depth; Technological discontinuity; Long-term orientation (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:180:y:2022:i:c:s0040162522002724

DOI: 10.1016/j.techfore.2022.121746

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