Technological Diversification and Strategic Alliances

Paola Giuri, John Hagedoorn and Myriam Mariani

LEM Papers Series from Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy

Abstract: This paper examines empirically the relationship between the internal technological profile and the diversification through strategic alliances of the largest 219 industrial firms world-wide. It explores three related issues. First, the paper shows that firms? internal technological diversification is more pronounced than external technological diversification. Second, it confirms the idea that technological diversification is more pronounced than product and market diversification. Finally, by means of multiple correlation analysis, this work studies the relationship between firms? economic performance, internal technological diversification and diversification through strategic alliances. The empirical investigation combines firm level data on US patents, strategic technological alliances, production and marketing alliances, and firms? economic performances.

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Date: 2002-12-08
New Economics Papers: this item is included in nep-tid
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Persistent link: https://EconPapers.repec.org/RePEc:ssa:lemwps:2002/04

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