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R&D Alliances and Firm Performance: The Impact of Technological Diversity and Alliance Organization on Innovation

Year: 2007
Type: article
Abstract: In this paper, I examine the impact of partner technological diversity and alliance organizational form on firm innovative performance. Using a sample of 463 R&D alliances in the telecommunications equipment industry, I find that alliances contribute far more to firm innovation when technological diversity is moderate, rather than low or high. Although this relationship holds irrespective of alliance organization, I find that hierarchical organization, such as an equity joint venture, improves firm benefits from alliances with high levels of technological diversity. Thus, alliance organizational form likely influences partner ability and incentives to share information, which affects performance.
Language: English
Open Access status: green
OpenAlex ID: W3122857866
FWCI: 75.24
Cites: 76
Cited by: 1,104
Related to: 9