Value Chain Relatedness: Strategic Complementarities and Firm Performance

Elisabeth Nocker (), Harry Bowen () and Christian Stadler ()
Additional contact information
Elisabeth Nocker: University of Innsbruck
Christian Stadler: Warwick Business School, The Warwick University

Discussion Paper Series from McColl School of Business, Queens University of Charlotte

Abstract: This study extends the literature on relatedness and firm performance to consider customer side as well as technological side relatedness. Recent studies indicate the importance of each source of relatedness but yield ambiguous findings regarding their impacts on performance. Conjecturing this ambiguity reflects methodological limitations related to prior studies? use of survey data to develop measures of relatedness, we instead develop a secondary data method to measure technological and customer relatedness for a large sample of U.S. firms from 1984 to 2004. Estimating a model in which relatedness and firm performance are simultaneously determined, we find that, unlike prior studies, each source of relatedness has a positive direct effect on firm performance and a positive indirect effect that reflects complementarity between each source of relatedness.

Pages: 33 pages
Date: 2012
New Economics Papers: this item is included in nep-bec and nep-cse
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published 2016 in British Journal of Management 27(1):197-213

Downloads: (external link)
ftp://ftp.drivehq.com/msbftp/repec/pdfs/wpapers/msbwp2012-03.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:msb:wpaper:2012-03

Access Statistics for this paper

More papers in Discussion Paper Series from McColl School of Business, Queens University of Charlotte Contact information at EDIRC.
Bibliographic data for series maintained by HP Bowen ().