Innovating across boundaries: A portfolio perspective on innovation partnerships of multinational corporations

Research output: Contribution to journalArticleResearchpeer review

Authors

  • Erk P. Piening
  • Torsten Oliver Salge
  • Sebastian Schäfer

External Research Organisations

  • Johannes Gutenberg University Mainz
  • RWTH Aachen University
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Details

Original languageEnglish
Pages (from-to)474-485
Number of pages12
JournalJournal of world business
Volume51
Issue number3
Publication statusPublished - 1 Apr 2016
Externally publishedYes

Abstract

This paper examines how and under what conditions alliance portfolio diversity influences a firm's innovative performance, with special attention being given to potential performance differences between multinational corporations (MNCs) and domestic firms. Analyses of data from 1045 German firms, among which 598 MNCs, revealed an inverted U-shaped relationship between alliance portfolio diversity and MNCs' innovative performance. Findings also indicate MNCs to be better positioned than their domestic counterparts with regards to translating alliance portfolio diversity into superior innovative performance. Importantly though, this only holds for MNCs equipped with strong internal R&D capabilities and, to some extent, high human capital.

Keywords

    Alliance portfolio, Innovation, Multinational corporations, Partner diversity

ASJC Scopus subject areas

Cite this

Innovating across boundaries: A portfolio perspective on innovation partnerships of multinational corporations. / Piening, Erk P.; Salge, Torsten Oliver; Schäfer, Sebastian.
In: Journal of world business, Vol. 51, No. 3, 01.04.2016, p. 474-485.

Research output: Contribution to journalArticleResearchpeer review

Piening EP, Salge TO, Schäfer S. Innovating across boundaries: A portfolio perspective on innovation partnerships of multinational corporations. Journal of world business. 2016 Apr 1;51(3):474-485. doi: 10.1016/j.jwb.2016.01.001
Piening, Erk P. ; Salge, Torsten Oliver ; Schäfer, Sebastian. / Innovating across boundaries : A portfolio perspective on innovation partnerships of multinational corporations. In: Journal of world business. 2016 ; Vol. 51, No. 3. pp. 474-485.
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