TY - GEN
T1 - How do contextual factors affect a firm's R&D alliance performance? A study of biotech industry
AU - Lee, Cheng Yu
AU - Chang, Shao Chi
PY - 2012
Y1 - 2012
N2 - Since prior research suggests that the technological diversity between R&D partners provides firms vehicles to learn partners' embedded knowledge and then enhance their organizational outcomes. Although the literature of technological diversity between R&D partners has long been accumulating, its performance implication has yet been conclusive, particularly overlooking the focal firm's learning strategy and experience which are critical to focal firm's learning from its partners. This study employs event study to extend the technological diversity-performance relationship to contingency perspectives. The results reveal that the announcing firm's exploration strategy and knowledge stock can soften the negative effect of technological diversity on market response.
AB - Since prior research suggests that the technological diversity between R&D partners provides firms vehicles to learn partners' embedded knowledge and then enhance their organizational outcomes. Although the literature of technological diversity between R&D partners has long been accumulating, its performance implication has yet been conclusive, particularly overlooking the focal firm's learning strategy and experience which are critical to focal firm's learning from its partners. This study employs event study to extend the technological diversity-performance relationship to contingency perspectives. The results reveal that the announcing firm's exploration strategy and knowledge stock can soften the negative effect of technological diversity on market response.
UR - http://www.scopus.com/inward/record.url?scp=84864233939&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84864233939&partnerID=8YFLogxK
U2 - 10.1109/ICMIT.2012.6225780
DO - 10.1109/ICMIT.2012.6225780
M3 - Conference contribution
AN - SCOPUS:84864233939
SN - 9781467301107
T3 - 2012 IEEE 6th International Conference on Management of Innovation and Technology, ICMIT 2012
SP - 62
EP - 67
BT - 2012 IEEE 6th International Conference on Management of Innovation and Technology, ICMIT 2012
T2 - 2012 IEEE 6th International Conference on Management of Innovation and Technology, ICMIT 2012
Y2 - 11 June 2012 through 13 June 2012
ER -