1. Diversification in R&D collaboration partners. Does sequential variety improve performance?
- Author
-
Beck, Mathias and Lopes-Bento, Cindy
- Subjects
RESEARCH & development ,TECHNOLOGICAL innovations ,INDUSTRIAL cooperation ,ORGANIZATIONAL change ,ORGANIZATIONAL age - Abstract
This study focuses on the effectiveness of sequential adaption of diversification strategies of R&D collaboration to improve firms' innovation performance. While accounting for the firm's initial simultaneous collaboration pattern, we investigate if certain sequential adaption strategies of firms' collaboration patterns are more beneficial to achieve specific innovation objectives. Our panel data analysis method uses firm level data from five waves of the Swiss innovation survey covering a period from 1999 to 2011. Our analysis confirms the results of previous empirical studies regarding simultaneous R&D collaboration, though our findings shed light on the importance of sequential adaption of firms' collaboration strategies, and indicate a careful selection of partner types in line with the firm's needs and objectives. [ABSTRACT FROM AUTHOR]
- Published
- 2015