Balancing your technology-sourcing portfolio: How sourcing mode diversity enhances innovative performance

• 成果类型: Article
• 署名作者: Van de Vrande, Vareska
• 署名单位: Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.2031
• 发表日期: 2013
• 页码: 610-621
• 关键词: external technology sourcing; diversity; sourcing portfolios; technological proximity; INNOVATION

摘要

With external innovation becoming more and more important, many firms struggle with the question of how to balance their technology-sourcing portfolio. This study addresses this issue by looking at the effects of portfolio diversity on performance outcomes and the conditions under which diversity is most likely to materialize. Using a dataset of strategic investments by pharmaceutical firms, the results show that the variance in relative technological proximity between the focal firm and its partners exhibits an inverted U-shaped relationship with innovative performance and that this relationship is affected by the diversity of the external sourcing modes used in the portfolio.