Abstract
Firms may cooperate in R&D with various types of partners to boost their innovative performance. We model the optimal partnership portfolio breadth and empirically test the model on a panel of Dutch manufacturing firms. We confirm earlier evidence of a curvilinear relationship between breadth of R&D cooperation and a firm's innovation performance. Two firm-specific factors, firm size and R&D-intensity, moderate this relationship. Small and low R&D-intensive firms tend to benefit more from embarking on R&D cooperation compared to large and/or R&D-intensive counterparts, but such benefits also tend to reduce more quickly when the number of types of cooperation partners increases.
| Original language | English |
|---|---|
| Pages (from-to) | 1-11 |
| Number of pages | 11 |
| Journal | Journal of Engineering and Technology Management |
| Volume | 54 |
| DOIs | |
| Publication status | Published - 2019 |
Keywords
- R&D partnering
- innovation performance
- open innovation
- ALLIANCE PORTFOLIOS
- RESEARCH-AND-DEVELOPMENT
- ALLOCATION
- Innovation performance
- COLLABORATION
- EMPIRICAL-EVIDENCE
- CONSTRAINTS
- DIVERSITY
- EXPERIENCE
- Open innovation
- ABSORPTIVE-CAPACITY
- DEVELOPMENT COOPERATION
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