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http://hdl.handle.net/1942/4139
Title: | Optimal cognitive distance and absorptive capacity | Authors: | Nooteboom, Bart VANHAVERBEKE, Wim DUYSTERS, Geert Gilsing, Victor van den Oord, Ad |
Issue Date: | 2007 | Publisher: | ELSEVIER SCIENCE BV | Source: | RESEARCH POLICY, 36(7). p. 1016-1034 | Abstract: | In this paper we test the relation between cognitive distance and innovation performance of firms engaged in technology-based alliances. The key finding is that the hypothesis of an inverted U-shaped effect of cognitive distance on innovation performance of firms is confirmed. Moreover, as expected, we found that the positive effect for firms is much higher when engaging in more radical, exploratory alliances than in more exploitative alliances. The effect of cumulative R&D turns out to be mixed. It appears to increase absorptive capacity, as expected, but there is clear evidence that it also reduces the effect of cognitive distance on novelty value, making it increasingly difficult to find additional novelty. (C) 2007 Elsevier B.V. All rights reserved. | Notes: | Tilburg Univ, NL-5000 LE Tilburg, Netherlands. Hasselt Univ, Hasselt, Belgium. Eindhoven Univ Technol, ECIS, NL-5612 AZ Eindhoven, Netherlands.Nooteboom, B, Adelheidstr 82, NL-2595 EE The Hague, Netherlands.b.nooteboom@uvt.nl w.p.m.vanhaverbeke@tm.tue.nl g.m.duysters@tm.tue.nl v.a.gilsing@tm.tue.nl a.v.d.oord@tm.tue.nl | Keywords: | innovation; inter-finn alliances; cognitive distance; absorptive capacity; exploration and exploitation | Document URI: | http://hdl.handle.net/1942/4139 | ISSN: | 0048-7333 | e-ISSN: | 1873-7625 | DOI: | 10.1016/j.respol.2007.04.003 | ISI #: | 000250124200009 | Category: | A1 | Type: | Journal Contribution | Validations: | ecoom 2008 |
Appears in Collections: | Research publications |
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