Pub Date : 2022-12-17DOI: 10.1080/13662716.2022.2156850
Vanesa Barrales-Molina, L. Gutierrez-Gutierrez, Marta Riquelme-Medina
ABSTRACT Collaboration with competitors – coopetition – enables access to valuable knowledge and resources for innovation and is seen as common practice in some knowledge-intensive sectors. Using longitudinal data from the Spanish biotechnology sector (a total of 1605 observations), this study examines the relationship between the international breadth of coopetition – the sum of the different international areas in which a firm’s coopetitors are located – and innovation performance. The results show that a firm must collaborate with competitors in more than a single geographical area to begin to experience the positive effect of international breadth on innovation performance. Furthermore, the results vary significantly in the presence of two different contingencies. Under conditions of lack of technological information, international breadth increases in value. When perceived market uncertainty is high, however, optimal results are achieved when the international breadth is limited to a single area.
{"title":"International breadth in coopetition and innovation performance: evidence from the Spanish biotechnology industry","authors":"Vanesa Barrales-Molina, L. Gutierrez-Gutierrez, Marta Riquelme-Medina","doi":"10.1080/13662716.2022.2156850","DOIUrl":"https://doi.org/10.1080/13662716.2022.2156850","url":null,"abstract":"ABSTRACT Collaboration with competitors – coopetition – enables access to valuable knowledge and resources for innovation and is seen as common practice in some knowledge-intensive sectors. Using longitudinal data from the Spanish biotechnology sector (a total of 1605 observations), this study examines the relationship between the international breadth of coopetition – the sum of the different international areas in which a firm’s coopetitors are located – and innovation performance. The results show that a firm must collaborate with competitors in more than a single geographical area to begin to experience the positive effect of international breadth on innovation performance. Furthermore, the results vary significantly in the presence of two different contingencies. Under conditions of lack of technological information, international breadth increases in value. When perceived market uncertainty is high, however, optimal results are achieved when the international breadth is limited to a single area.","PeriodicalId":13585,"journal":{"name":"Industry and Innovation","volume":"30 1","pages":"286 - 309"},"PeriodicalIF":3.9,"publicationDate":"2022-12-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45062523","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-12-12DOI: 10.1080/13662716.2022.2145938
E. Carmel, E. Roche
ABSTRACT Three mega-clusters dominate the cybersecurity industry: the San Francisco Bay Area, the Washington D.C. area and Israel. Together they are home to about half the influential cybersecurity firms; they have remained dominant since industry take-off in the 1990s. How have they remained dominant? We answer this question by synthesizing firm-level data, case studies, and interviews, compiling an extensive history of their evolution; then using a Geographic Information System to map these clusters. Applying the Menzel and Fornahl cluster lifecycle model, we find these clusters advanced into the Growth (2nd) stage but have not reached an equilibrium state. The model points to heterogeneity as key to avoiding cluster weakening through lock-in. Three vectors of heterogeneity explain how these clusters remain dominant: The absence of a de facto standard design, spatial expansion, and the ever-increasing cyber-threat landscape. Additionally, powerful anchor institutions are present in two of the three clusters.
{"title":"The dominant cybersecurity industry clusters: evolution and sustainment","authors":"E. Carmel, E. Roche","doi":"10.1080/13662716.2022.2145938","DOIUrl":"https://doi.org/10.1080/13662716.2022.2145938","url":null,"abstract":"ABSTRACT Three mega-clusters dominate the cybersecurity industry: the San Francisco Bay Area, the Washington D.C. area and Israel. Together they are home to about half the influential cybersecurity firms; they have remained dominant since industry take-off in the 1990s. How have they remained dominant? We answer this question by synthesizing firm-level data, case studies, and interviews, compiling an extensive history of their evolution; then using a Geographic Information System to map these clusters. Applying the Menzel and Fornahl cluster lifecycle model, we find these clusters advanced into the Growth (2nd) stage but have not reached an equilibrium state. The model points to heterogeneity as key to avoiding cluster weakening through lock-in. Three vectors of heterogeneity explain how these clusters remain dominant: The absence of a de facto standard design, spatial expansion, and the ever-increasing cyber-threat landscape. Additionally, powerful anchor institutions are present in two of the three clusters.","PeriodicalId":13585,"journal":{"name":"Industry and Innovation","volume":"30 1","pages":"361 - 391"},"PeriodicalIF":3.9,"publicationDate":"2022-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43140354","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-11-11DOI: 10.1080/13662716.2022.2141611
A. Nowińska, Torben Pedersen
ABSTRACT The extant literature has demonstrated that physical distance negatively affects knowledge sharing, even within the same building. Moreover, the impact of physical barriers, such as doors and walls, has been flagged as an important avenue for research. We contribute to the micro-geography literature by unpacking the effects of physical barriers on knowledge sharing and moderators of that relationship. Based on micro-level, single-firm observational data on employees’ knowledge-sharing dyads, we find that physical barriers impede knowledge sharing after accounting for distance. Simultaneously, we theorise on and find evidence of several moderators of the negative relationship between physical barriers and knowledge sharing at the dyadic and individual levels: strong ties, participation in coordination mechanisms across departments, job autonomy, and location in an office near a printer room. The study has implications for managers in charge of office allocation and the physical layout of offices.
{"title":"Doors and walls: physical barriers and knowledge sharing","authors":"A. Nowińska, Torben Pedersen","doi":"10.1080/13662716.2022.2141611","DOIUrl":"https://doi.org/10.1080/13662716.2022.2141611","url":null,"abstract":"ABSTRACT The extant literature has demonstrated that physical distance negatively affects knowledge sharing, even within the same building. Moreover, the impact of physical barriers, such as doors and walls, has been flagged as an important avenue for research. We contribute to the micro-geography literature by unpacking the effects of physical barriers on knowledge sharing and moderators of that relationship. Based on micro-level, single-firm observational data on employees’ knowledge-sharing dyads, we find that physical barriers impede knowledge sharing after accounting for distance. Simultaneously, we theorise on and find evidence of several moderators of the negative relationship between physical barriers and knowledge sharing at the dyadic and individual levels: strong ties, participation in coordination mechanisms across departments, job autonomy, and location in an office near a printer room. The study has implications for managers in charge of office allocation and the physical layout of offices.","PeriodicalId":13585,"journal":{"name":"Industry and Innovation","volume":"30 1","pages":"585 - 606"},"PeriodicalIF":3.9,"publicationDate":"2022-11-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45673413","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-31DOI: 10.1080/13662716.2022.2131509
Silje Haus-Reve, R. D. Fitjar, A. Rodríguez‐Pose
ABSTRACT Implicitly or explicitly, much innovation policy treats investments in research and development (R&D) as the main input to innovation. A large body of literature in innovation studies has challenged this, highlighting the role of external sources of innovation and of innovation based on learning by doing, using and interacting (DUI). Nonetheless, there has been limited empirical research on how firm-internal activities to promote DUI affect innovation, and on how important such activities are relative to internal R&D and to external sources of knowledge. We also know little about how internal DUI activities interact with internal R&D and with external knowledge sourcing. We address these gaps using Norwegian Community Innovation Survey data from 2010. We find that internal DUI is an important driver of new-to-market product innovation. Further, the results show partial substitution effects between internal DUI and internal R&D, as well as between internal DUI and external DUI.
{"title":"DUI it yourself: Innovation and activities to promote learning by doing, using, and interacting within the firm","authors":"Silje Haus-Reve, R. D. Fitjar, A. Rodríguez‐Pose","doi":"10.1080/13662716.2022.2131509","DOIUrl":"https://doi.org/10.1080/13662716.2022.2131509","url":null,"abstract":"ABSTRACT Implicitly or explicitly, much innovation policy treats investments in research and development (R&D) as the main input to innovation. A large body of literature in innovation studies has challenged this, highlighting the role of external sources of innovation and of innovation based on learning by doing, using and interacting (DUI). Nonetheless, there has been limited empirical research on how firm-internal activities to promote DUI affect innovation, and on how important such activities are relative to internal R&D and to external sources of knowledge. We also know little about how internal DUI activities interact with internal R&D and with external knowledge sourcing. We address these gaps using Norwegian Community Innovation Survey data from 2010. We find that internal DUI is an important driver of new-to-market product innovation. Further, the results show partial substitution effects between internal DUI and internal R&D, as well as between internal DUI and external DUI.","PeriodicalId":13585,"journal":{"name":"Industry and Innovation","volume":"30 1","pages":"1008 - 1028"},"PeriodicalIF":3.9,"publicationDate":"2022-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47252068","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-31DOI: 10.1080/13662716.2022.2138280
Felix. Roth, A. Sen, C. Rammer
ABSTRACT This paper analyses the impact of intangibles on firm-level productivity. Unlike previous studies we capture all dimensions of intangibles for both goods-producing and service industries. Based on data from the German part of the Community Innovation Survey (CIS) for the period 2006 to 2018, our results show that intangible capital investment is equal in size to investment in tangible capital since the early 2000s. We find a highly significant and positive relationship between intangible capital and output, with elasticities in line with previous findings for other large EU economies. This positive impact of intangibles on the firm-level productivity is driven by non-R&D intangibles, notably software & databases, training and advertising & marketing. While this finding holds for both goods and service sectors, we find that non-R&D intangibles impact firm-level productivity more strongly in the services. Investment in R&D affects productivity only in the high-tech manufacturing sector.
{"title":"The role of intangibles in firm-level productivity – evidence from Germany","authors":"Felix. Roth, A. Sen, C. Rammer","doi":"10.1080/13662716.2022.2138280","DOIUrl":"https://doi.org/10.1080/13662716.2022.2138280","url":null,"abstract":"ABSTRACT This paper analyses the impact of intangibles on firm-level productivity. Unlike previous studies we capture all dimensions of intangibles for both goods-producing and service industries. Based on data from the German part of the Community Innovation Survey (CIS) for the period 2006 to 2018, our results show that intangible capital investment is equal in size to investment in tangible capital since the early 2000s. We find a highly significant and positive relationship between intangible capital and output, with elasticities in line with previous findings for other large EU economies. This positive impact of intangibles on the firm-level productivity is driven by non-R&D intangibles, notably software & databases, training and advertising & marketing. While this finding holds for both goods and service sectors, we find that non-R&D intangibles impact firm-level productivity more strongly in the services. Investment in R&D affects productivity only in the high-tech manufacturing sector.","PeriodicalId":13585,"journal":{"name":"Industry and Innovation","volume":"30 1","pages":"263 - 285"},"PeriodicalIF":3.9,"publicationDate":"2022-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46801518","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-31DOI: 10.1080/13662716.2022.2138279
Adriana C. Pinate, A. Faggian, C. Di Berardino, C. Castaldi
ABSTRACT This paper offers a novel take on the relationship between migration and regional innovation by analysing the impact of both international and internal migration flows across Italian provinces, by skill level, and on three types of intellectual property rights (IPRs), namely patents, trademarks and design rights. Allowing us to capture innovation beyond technology and high-tech manufacturing, our results shed light on the relationship between different types of migrant human capital and this array of innovative outcomes. Focusing on Italian provinces in the period 2003–2012, our empirical analysis reveals that internal migration is more significantly related to innovation than international migration. Moreover, medium- and high-skilled migrants are positively associated with all three types of IPRs, while low-skilled migration has a negative association. There are also significant differences across provinces, with a clear distinction between the more economically developed Northern provinces and the rest of Italy.
{"title":"The heterogenous relationship between migration and innovation: Evidence from Italy","authors":"Adriana C. Pinate, A. Faggian, C. Di Berardino, C. Castaldi","doi":"10.1080/13662716.2022.2138279","DOIUrl":"https://doi.org/10.1080/13662716.2022.2138279","url":null,"abstract":"ABSTRACT This paper offers a novel take on the relationship between migration and regional innovation by analysing the impact of both international and internal migration flows across Italian provinces, by skill level, and on three types of intellectual property rights (IPRs), namely patents, trademarks and design rights. Allowing us to capture innovation beyond technology and high-tech manufacturing, our results shed light on the relationship between different types of migrant human capital and this array of innovative outcomes. Focusing on Italian provinces in the period 2003–2012, our empirical analysis reveals that internal migration is more significantly related to innovation than international migration. Moreover, medium- and high-skilled migrants are positively associated with all three types of IPRs, while low-skilled migration has a negative association. There are also significant differences across provinces, with a clear distinction between the more economically developed Northern provinces and the rest of Italy.","PeriodicalId":13585,"journal":{"name":"Industry and Innovation","volume":"30 1","pages":"336 - 360"},"PeriodicalIF":3.9,"publicationDate":"2022-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45167637","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-11DOI: 10.1080/13662716.2022.2132919
Marcus Conlé, Tobias ten Brink, Wei Zhao
ABSTRACT Innovation platforms can be useful for promoting the diversification of regional industrial paths. Until recently, the literature had depicted such platforms primarily as a tool for enabling local knowledge recombination – and not for anchoring non-local knowledge. In many regions, however, ‘smart specialisation strategies’ for modernising and transforming industrial structures are difficult to implement without transplantation of non-local knowledge. This paper explores innovation platforms as a tool for anchoring non-local knowledge. We elaborate on recent Chinese experiences by studying diversification-oriented regional innovation policy in Guangdong province. We employ an embedded single-case study design, involving a regionally typical diversification strategy, which we substantiate by tracing platform development with two non-local actors, a university and a technology firm. The paper reveals that non-local actors can play an important role in unlocking regional industrial development potential, especially if platforms enable these actors to relate to local industry by performing desired intermediary functions.
{"title":"Innovation platforms as a tool for anchoring non-local knowledge: smart specialisation strategies in Guangdong, China","authors":"Marcus Conlé, Tobias ten Brink, Wei Zhao","doi":"10.1080/13662716.2022.2132919","DOIUrl":"https://doi.org/10.1080/13662716.2022.2132919","url":null,"abstract":"ABSTRACT Innovation platforms can be useful for promoting the diversification of regional industrial paths. Until recently, the literature had depicted such platforms primarily as a tool for enabling local knowledge recombination – and not for anchoring non-local knowledge. In many regions, however, ‘smart specialisation strategies’ for modernising and transforming industrial structures are difficult to implement without transplantation of non-local knowledge. This paper explores innovation platforms as a tool for anchoring non-local knowledge. We elaborate on recent Chinese experiences by studying diversification-oriented regional innovation policy in Guangdong province. We employ an embedded single-case study design, involving a regionally typical diversification strategy, which we substantiate by tracing platform development with two non-local actors, a university and a technology firm. The paper reveals that non-local actors can play an important role in unlocking regional industrial development potential, especially if platforms enable these actors to relate to local industry by performing desired intermediary functions.","PeriodicalId":13585,"journal":{"name":"Industry and Innovation","volume":"30 1","pages":"694 - 718"},"PeriodicalIF":3.9,"publicationDate":"2022-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47522299","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-06DOI: 10.1080/13662716.2022.2088335
A. Ascani, Paula Prenzel
ABSTRACT This article investigates the role of economic complexity in capturing asset-seeking motives and strategies of global knowledge accumulation by analysing the location decisions of Chinese multinationals. Using data on 14,873 Chinese subsidiaries in 78 countries for 2007–2015, we find that investment is associated with locations with lower economic complexity. This applies especially for destination countries within the OECD and MNCs in knowledge-intensive industries, whereas firms with a strong knowledge base may instead seek out locations with high economic complexity. Results are consistent with a strategy of accessing relatively low-complexity capabilities that can be accumulated to build and reinforce the international advantage and competitiveness of the multinational.
{"title":"Economic complexity and the global asset-seeking strategies of Chinese multinationals","authors":"A. Ascani, Paula Prenzel","doi":"10.1080/13662716.2022.2088335","DOIUrl":"https://doi.org/10.1080/13662716.2022.2088335","url":null,"abstract":"ABSTRACT This article investigates the role of economic complexity in capturing asset-seeking motives and strategies of global knowledge accumulation by analysing the location decisions of Chinese multinationals. Using data on 14,873 Chinese subsidiaries in 78 countries for 2007–2015, we find that investment is associated with locations with lower economic complexity. This applies especially for destination countries within the OECD and MNCs in knowledge-intensive industries, whereas firms with a strong knowledge base may instead seek out locations with high economic complexity. Results are consistent with a strategy of accessing relatively low-complexity capabilities that can be accumulated to build and reinforce the international advantage and competitiveness of the multinational.","PeriodicalId":13585,"journal":{"name":"Industry and Innovation","volume":"30 1","pages":"556 - 584"},"PeriodicalIF":3.9,"publicationDate":"2022-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44652953","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-06DOI: 10.1080/13662716.2022.2112397
David Howoldt, S. Borrás
ABSTRACT Many countries have created research and innovation (R&I) policy instruments with the mission of addressing grand challenges. The new policy rationale suggests that these instruments must target civil society actors in new and more diverse constellations, combining them with ‘traditional’ R&I actors (universities and firms). Investigating the extent to which policy instruments are designed according to this requirement, this paper analyses co-occurrences of targeted R&I actors in science, technology and innovation policy instruments and identifies five typical constellations of targeted R&I actors. We focus on two constellations that are likely to include civil society actors. Wide constellations (dominated by universities and firms) are positively associated with grand challenge policy instruments. Civil-society-led constellations are less heterogeneous and possibly associated with grand challenge instruments. This original contribution shows partial consistency between the grand challenge policy rationale and its instruments, and evidence of civil-society-led actor constellations not yet considered in the literature.
{"title":"Innovation policy instruments for grand challenges: targeting constellations of diverse R&I actors?","authors":"David Howoldt, S. Borrás","doi":"10.1080/13662716.2022.2112397","DOIUrl":"https://doi.org/10.1080/13662716.2022.2112397","url":null,"abstract":"ABSTRACT Many countries have created research and innovation (R&I) policy instruments with the mission of addressing grand challenges. The new policy rationale suggests that these instruments must target civil society actors in new and more diverse constellations, combining them with ‘traditional’ R&I actors (universities and firms). Investigating the extent to which policy instruments are designed according to this requirement, this paper analyses co-occurrences of targeted R&I actors in science, technology and innovation policy instruments and identifies five typical constellations of targeted R&I actors. We focus on two constellations that are likely to include civil society actors. Wide constellations (dominated by universities and firms) are positively associated with grand challenge policy instruments. Civil-society-led constellations are less heterogeneous and possibly associated with grand challenge instruments. This original contribution shows partial consistency between the grand challenge policy rationale and its instruments, and evidence of civil-society-led actor constellations not yet considered in the literature.","PeriodicalId":13585,"journal":{"name":"Industry and Innovation","volume":"30 1","pages":"985 - 1007"},"PeriodicalIF":3.9,"publicationDate":"2022-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47412780","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-05DOI: 10.1080/13662716.2022.2130035
Christian Gnekpe, R. Coeurderoy, Louis Mulotte
ABSTRACT It is widely accepted in innovation management literature that a firm can increase its competitive advantage by recombining knowledge and that knowledge recombination requires engagement in external sourcing activities. What is less known, however, is how a firm’s external sourcing strategy – notably its propensity to engage in acquisitions or alliances – is influenced by its internal knowledge base. In this paper, we examine how two critical characteristics of a firm’s knowledge base, namely, scientific orientation and technological diversity, influence the extent to which it engages in alliances or acquisitions. We find that both explanatory variables increase firms’ likelihood of engaging in external technology sourcing and favouring alliances over acquisitions. Our analyses are based on a sample of European firms operating in the biopharmaceutical industry.
{"title":"How a firm’s knowledge base influences its external technology sourcing strategy: the case of biopharmaceutical firms","authors":"Christian Gnekpe, R. Coeurderoy, Louis Mulotte","doi":"10.1080/13662716.2022.2130035","DOIUrl":"https://doi.org/10.1080/13662716.2022.2130035","url":null,"abstract":"ABSTRACT It is widely accepted in innovation management literature that a firm can increase its competitive advantage by recombining knowledge and that knowledge recombination requires engagement in external sourcing activities. What is less known, however, is how a firm’s external sourcing strategy – notably its propensity to engage in acquisitions or alliances – is influenced by its internal knowledge base. In this paper, we examine how two critical characteristics of a firm’s knowledge base, namely, scientific orientation and technological diversity, influence the extent to which it engages in alliances or acquisitions. We find that both explanatory variables increase firms’ likelihood of engaging in external technology sourcing and favouring alliances over acquisitions. Our analyses are based on a sample of European firms operating in the biopharmaceutical industry.","PeriodicalId":13585,"journal":{"name":"Industry and Innovation","volume":"30 1","pages":"233 - 262"},"PeriodicalIF":3.9,"publicationDate":"2022-10-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46126087","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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