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Innovating across boundaries: A portfolio perspective on innovation partnerships of multinational corporations

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  • Piening, Erk P.
  • Salge, Torsten Oliver
  • Schäfer, Sebastian

Abstract

This paper examines how and under what conditions alliance portfolio diversity influences a firm's innovative performance, with special attention being given to potential performance differences between multinational corporations (MNCs) and domestic firms. Analyses of data from 1045 German firms, among which 598 MNCs, revealed an inverted U-shaped relationship between alliance portfolio diversity and MNCs’ innovative performance. Findings also indicate MNCs to be better positioned than their domestic counterparts with regards to translating alliance portfolio diversity into superior innovative performance. Importantly though, this only holds for MNCs equipped with strong internal R&D capabilities and, to some extent, high human capital.

Suggested Citation

  • Piening, Erk P. & Salge, Torsten Oliver & Schäfer, Sebastian, 2016. "Innovating across boundaries: A portfolio perspective on innovation partnerships of multinational corporations," Journal of World Business, Elsevier, vol. 51(3), pages 474-485.
  • Handle: RePEc:eee:worbus:v:51:y:2016:i:3:p:474-485
    DOI: 10.1016/j.jwb.2016.01.001
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    References listed on IDEAS

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    Cited by:

    1. Cozza, Claudio & Perani, Giulio & Zanfei, Antonello, 2016. "Are multinationals better at creating technical linkages with local firms?," Papers in Innovation Studies 2016/14, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
    2. repec:eee:worbus:v:53:y:2018:i:4:p:529-539 is not listed on IDEAS
    3. repec:eee:respol:v:47:y:2018:i:7:p:1243-1255 is not listed on IDEAS

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