When should a firm collaborate with research organizations for innovation performance? The moderating role of innovation orientation, size, and age
Gun Jea Yu () and
Joonkyum Lee ()
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Gun Jea Yu: Hongik University
Joonkyum Lee: Sogang University
The Journal of Technology Transfer, 2017, vol. 42, issue 6, No 11, 1465 pages
Abstract:
Abstract Little is known about the conditions strengthening or weakening the impact of a firm’s collaboration with research organizations on innovation performance. Thus, this study uses a sample of 542 manufacturing firms in Korea to examine how innovation orientation and firm size and age as internal characteristics influence the relationship between collaboration with research organizations and innovation performance. The results show that collaboration with research organizations has a positive impact on innovation performance. More importantly, this effect is stronger (weaker) for firms with a strong orientation toward exploration (exploitation). In addition, older or larger firms obtain greater benefits from collaboration with research organizations. This study contributes toward clarifying a firm’s collaboration with research organizations.
Keywords: Research organization; Collaboration; Exploitation and exploration; Innovation performance; Moderating effect (search for similar items in EconPapers)
JEL-codes: O32 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (16)
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Persistent link: https://EconPapers.repec.org/RePEc:kap:jtecht:v:42:y:2017:i:6:d:10.1007_s10961-016-9469-4
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DOI: 10.1007/s10961-016-9469-4
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