Beyond the scope of the deal: configuration of technology alliance portfolios and the introduction of management innovation

While firms invest in portfolios of technology alliances primarily seeking technological benefits (e.g. access to novel technological knowledge to develop product innovations), an adequate portfolio of technology alliances can also bring non-technological benefits, such as access to novel managerial...

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Main Authors: Estrada, Isabel, Zhou, Haibo
Format: Article
Language:English
Published: 2021
Online Access:https://eprints.nottingham.ac.uk/65354/
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author Estrada, Isabel
Zhou, Haibo
author_facet Estrada, Isabel
Zhou, Haibo
author_sort Estrada, Isabel
building Nottingham Research Data Repository
collection Online Access
description While firms invest in portfolios of technology alliances primarily seeking technological benefits (e.g. access to novel technological knowledge to develop product innovations), an adequate portfolio of technology alliances can also bring non-technological benefits, such as access to novel managerial knowledge, which can result in management innovation. However, it remains unclear under what conditions technology alliance portfolios yield such benefits. Drawing from the literature on knowledge utilization from alliance portfolios, we examine how the configuration of a firm’s technology alliance portfolio affects the likelihood of the firm introducing management innovation. Our panel data analyses of Spanish manufacturing firms for 2008–2016 reveal that a firm is more likely to introduce management innovation when its alliance portfolio shows diversity of partner types; however, this positive effect of diversity becomes less pronounced as the alliance portfolio becomes more oriented towards exploration (i.e. relatively greater presence of research focused partner types). Our study also provides recommendations for managers seeking to connect the technological and non-technological spheres of innovation: a technological alliance portfolio that brings together diverse partner types while avoiding excessive presence of research-focused partner types may offer greater opportunity for management innovation.
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spelling nottingham-653542021-06-04T06:07:23Z https://eprints.nottingham.ac.uk/65354/ Beyond the scope of the deal: configuration of technology alliance portfolios and the introduction of management innovation Estrada, Isabel Zhou, Haibo While firms invest in portfolios of technology alliances primarily seeking technological benefits (e.g. access to novel technological knowledge to develop product innovations), an adequate portfolio of technology alliances can also bring non-technological benefits, such as access to novel managerial knowledge, which can result in management innovation. However, it remains unclear under what conditions technology alliance portfolios yield such benefits. Drawing from the literature on knowledge utilization from alliance portfolios, we examine how the configuration of a firm’s technology alliance portfolio affects the likelihood of the firm introducing management innovation. Our panel data analyses of Spanish manufacturing firms for 2008–2016 reveal that a firm is more likely to introduce management innovation when its alliance portfolio shows diversity of partner types; however, this positive effect of diversity becomes less pronounced as the alliance portfolio becomes more oriented towards exploration (i.e. relatively greater presence of research focused partner types). Our study also provides recommendations for managers seeking to connect the technological and non-technological spheres of innovation: a technological alliance portfolio that brings together diverse partner types while avoiding excessive presence of research-focused partner types may offer greater opportunity for management innovation. 2021-03-17 Article PeerReviewed application/pdf en cc_by https://eprints.nottingham.ac.uk/65354/1/gold%207.pdf Estrada, Isabel and Zhou, Haibo (2021) Beyond the scope of the deal: configuration of technology alliance portfolios and the introduction of management innovation. British Journal of Management . ISSN 1045-3172 http://dx.doi.org/10.1111/1467-8551.12488 doi:10.1111/1467-8551.12488 doi:10.1111/1467-8551.12488
spellingShingle Estrada, Isabel
Zhou, Haibo
Beyond the scope of the deal: configuration of technology alliance portfolios and the introduction of management innovation
title Beyond the scope of the deal: configuration of technology alliance portfolios and the introduction of management innovation
title_full Beyond the scope of the deal: configuration of technology alliance portfolios and the introduction of management innovation
title_fullStr Beyond the scope of the deal: configuration of technology alliance portfolios and the introduction of management innovation
title_full_unstemmed Beyond the scope of the deal: configuration of technology alliance portfolios and the introduction of management innovation
title_short Beyond the scope of the deal: configuration of technology alliance portfolios and the introduction of management innovation
title_sort beyond the scope of the deal: configuration of technology alliance portfolios and the introduction of management innovation
url https://eprints.nottingham.ac.uk/65354/
https://eprints.nottingham.ac.uk/65354/
https://eprints.nottingham.ac.uk/65354/