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The Effects Of Knowledge Spillovers And Alliance Portfolio Diversity On Product Innovation And Firm Growth

Author

Listed:
  • LUIZ FERNANDO DE PARIS CALDAS

    (Pontifical Catholic University of Rio de Janeiro, IAG School of Business, R. Marquês de São Vicente, 225, Rio de Janeiro, RJ, 22451-000, Brazil)

  • FABIO DE OLIVEIRA PAULA

    (Pontifical Catholic University of Rio de Janeiro, IAG School of Business, R. Marquês de São Vicente, 225, Rio de Janeiro, RJ, 22451-000, Brazil)

  • JORGE FERREIRA DA SILVA

    (Pontifical Catholic University of Rio de Janeiro, IAG School of Business, R. Marquês de São Vicente, 225, Rio de Janeiro, RJ, 22451-000, Brazil)

Abstract

This study examines the extent to which the intra-industry knowledge spillover and a firm’s alliance portfolio diversity have an effect on product innovation performance and the growth of different size of firms. A model was proposed and empirically tested using structural equation modelling with Bayesian estimation. The data was extracted from the Colombian innovation survey EDIT from 2011 to 2016 and comprised a sample of 913 manufacturing firms. The results demonstrated that less-developed and resource-scarce settings, such as Colombia, foster interfirm collaboration regardless of their size. Nevertheless, even when considered the positive and significant effect of collaboration, spillovers are the most relevant external knowledge source in explaining the product innovation performance and growth of small and medium firms. The findings also showed that knowledge spillovers can be detrimental to the large firms’ outcomes, possibly associated with a weaker appropriability regime and the loss of knowledge derived from outgoing spillovers.

Suggested Citation

  • Luiz Fernando De Paris Caldas & Fabio De Oliveira Paula & Jorge Ferreira Da Silva, 2021. "The Effects Of Knowledge Spillovers And Alliance Portfolio Diversity On Product Innovation And Firm Growth," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 25(05), pages 1-29, June.
    • Handle: RePEc:wsi:ijimxx:v:25:y:2021:i:05:n:s1363919621500511
    DOI: 10.1142/S1363919621500511
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    Cited by:

    1. Becker, Bettina & Roper, Stephen & Vanino, Enrico, 2023. "Assessing innovation spillovers from publicly funded R&D and innovation support: Evidence from the UK," Technovation, Elsevier, vol. 128(C).
    2. Sergio Cuéllar & Maria Teresa Fernandez-Bajón & Felix Moya Anegón, 2024. "A New Approach to Measure Absorptive Capacity and Appropriability: a Case of Study in Emerging Markets," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(3), pages 15418-15446, September.

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