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http://hdl.handle.net/1942/19001
Title: | Technological Performance and Alliances Over the Industry Life Cycle: Evidence from the ASIC Industry | Authors: | VANHAVERBEKE, Wim Belderbos, Rene DUYSTERS, Geert Beerkens, Bonnie |
Issue Date: | 2015 | Publisher: | WILEY-BLACKWELL | Source: | JOURNAL OF PRODUCT INNOVATION MANAGEMENT, 32 (4), p. 556-573 | Abstract: | Technology development in firms is frequently based on a combination of internal and external technological learning. Consequently, firms need to develop both technological capital (a patent portfolio) and alliance capital (a portfolio of technology alliances). This paper examines the relationship between technological capital, alliance capital, and their joint impact on the technological performance of firms, with an application to the application-specific integrated circuit industry. We find that positive marginal returns to alliance capital are decreasing at higher levels of alliance capital. Technological capital and alliance capital can either augment or reduce each others' influence on innovation performance depending on the stage of the technology life cycle in the industry. A reinforcing relationship related to absorptive capacity requirements and technological uncertainty is present in early stages, while technology leakage and market competition effects render the combination of high levels of technological and alliance capital counterproductive in later stages of the technology life cycle. | Notes: | [Vanhaverbeke, Wim] Univ Hasselt, Strategy & Innovat Management, Hasselt, Belgium. [Belderbos, Rene] Univ Leuven, Managerial Econ & Strategy, Leuven, Belgium. [Duysters, Geert] Tilburg Univ, Entrepreneurship & Innovat, NL-5000 LE Tilburg, Netherlands. [Beerkens, Bonnie] Tech Univ Eindhoven, ITEM Grp, Eindhoven, Netherlands. | Document URI: | http://hdl.handle.net/1942/19001 | ISSN: | 0737-6782 | e-ISSN: | 1540-5885 | DOI: | 10.1111/jpim.12253 | ISI #: | 000355730300007 | Rights: | © 2014 Product Development & Management Association | Category: | A1 | Type: | Journal Contribution | Validations: | ecoom 2016 |
Appears in Collections: | Research publications |
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