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Complementarity in alliance portfolios and firm innovation

Sabidussi,Anna
; 
Lokshin,B.
; 
Duijsters,Geert
Abstract
This paper assesses the impact on firm innovation of combining alliance-specific and partner-specific attributes within a firm’s alliance portfolio. In a panel data analysis of the innovation performance of 119 firms operating in the pharmaceutical industry during 1985–2007, we test whether firm’s alliance portfolio displays complementarities across four dimensions. The results suggest that specific combinations of attributes may diminish innovation by decreasing the efficiency of diversity management or by generating redundancies. On the other hand, other alliance portfolio practices are mutually reinforcing and thus foster innovation.
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Date
2018
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Tilburg University Research Output Collection
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Keywords
complementarity, alliance portfolio, innovation, pharmaceutical industry, exploration and exploitation, O31 - Innovation and Invention: Processes and Incentives, O32 - Management of Technological Innovation and R&D, SDG 9 - Industry, Innovation, and Infrastructure
Citation
Sabidussi, A, Lokshin, B & Duijsters, G 2018, 'Complementarity in alliance portfolios and firm innovation', Industry and Innovation, vol. 25, no. 7, pp. 633-654. https://doi.org/10.1080/13662716.2017.1329084
URI
https://hdl.handle.net/20.500.14602/70157
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