Do firms learn to manage alliance portfolio diversity? The diversity-performance relationship and the moderating effects of experience and capability
Research output: Contribution to journal › Article › Academic › peer-review
Building on organizational learning theory, this study examines whether firms learn to manage alliance portfolio diversity. We argue that alliance portfolio diversity may be advantageous as well as disadvantageous for alliance portfolio performance. Subsequently, we theorize that the diversity-performance relationship is moderated by the firm's alliance experience and capability. Bridging the previously separated literature of diversity and learning, our findings show a curvilinear relationship between diversity and performance. More important, using survey data, we reveal some key processes through which firms learn to manage alliance portfolio diversity.
- alliance capability, alliance experience, alliance performance, alliance portfolio diversity, COMMON METHOD BIAS, STRATEGIC ALLIANCES, INTERORGANIZATIONAL COLLABORATION, ORGANIZATIONAL RESEARCH, ABSORPTIVE-CAPACITY, JOINT VENTURES, INNOVATION, COMPLEXITY, BIOTECHNOLOGY, COOPERATION