The effect of governance modes and relatedness of external business development activities on innovative performance

This study examines how different governance modes for external business development activities and venture relatedness affect a firm's innovative performance. Building on research suggesting that interorganizational relationships enhance the innovative performance of firms, we propose that gov...

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Vydáno v:Strategic management journal Ročník 29; číslo 8; s. 895 - 907
Hlavní autoři: Keil, Thomas, Maula, Markku, Schildt, Henri, Zahra, Shaker A.
Médium: Journal Article
Jazyk:angličtina
Vydáno: Chichester, UK John Wiley & Sons, Ltd 01.08.2008
John Wiley and Sons
Wiley Periodicals Inc
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ISSN:0143-2095, 1097-0266
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Shrnutí:This study examines how different governance modes for external business development activities and venture relatedness affect a firm's innovative performance. Building on research suggesting that interorganizational relationships enhance the innovative performance of firms, we propose that governance modes and venture relatedness interact in their effect on innovative performance. Analyzing a panel of the largest firms in four information and communication technology sectors, we find that degree of relatedness for corporate venture capital investments, alliances, joint ventures, and acquisitions influences their impact on innovative performance.
Bibliografie:ArticleID:SMJ672
ark:/67375/WNG-21B7W3HX-G
istex:4CC990D9B5457E2DDE2BD1AD649CAA8B26160F72
The authors are listed in alphabetical order, not order of contribution.
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ObjectType-Feature-1
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ISSN:0143-2095
1097-0266
DOI:10.1002/smj.672