Open AccessInfluence of alliance portfolio diversity on innovation performance: the role of internal capabilities of value creation
Author(s) -
Doohee Chung,
Marco Jinhwan Kim,
Jina Kang
Publication year - 2018
Publication title -
review of managerial science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.426
H-Index - 25
eISSN - 1863-6691
pISSN - 1863-6683
DOI - 10.1007/s11846-018-0281-4
Subject(s) - alliance , portfolio , diversity (politics) , business , value (mathematics) , contingency , industrial organization , linkage (software) , marketing , mathematics , geography , statistics , political science , law , gene , linguistics , philosophy , biochemistry , chemistry , archaeology , finance
In this study, we suggest a new perspective on the linkage between alliance portfolio diversity and innovation performance based on a contingency approach. Using a longitudinal data set on alliance portfolios and patents of 182 firms in the U.S. manufacturing industries, we examined that alliance portfolio diversity has a U-shaped relationship with firm-level innovation. Internal value creation capabilities in terms of routine and ability are found to moderate the relationship between alliance portfolio diversity and innovation performance: organizational search routine strengthens the relationship of alliance portfolio diversity and innovation performance while technological capabilities weaken and flip the relationship.