Technology In-Sourcing and the Creation of Pioneering Technologies

42 Pages Posted: 8 Feb 2008

See all articles by Vareska Van de Vrande

Vareska Van de Vrande

Erasmus University Rotterdam (EUR) - Department of Strategic Management and Entrepreneurship

Wim Vanhaverbeke

University of Surrey; Hasselt University; ESADE Business School

Geert Duysters

Eindhoven University of Technology (TUE) - Eindhoven Center for Innovation Studies (ECIS); University of Maastricht

Date Written: February 7, 2008

Abstract

In this paper we analyze the effect of different external technology sourcing modes on the creation of radical innovation in companies. Moreover, since prior research has indicated that exploration consists of looking beyond both organizational and technological boundaries, we also include the role of technological distance between the partnering firms as well as the role of technological newness. In particular, we examine how they affect the relationship between external technology sourcing and the creation of pioneering technologies (technologies that do not build on any existing technologies), which are used as a proxy for radical innovations. The results indicate that strategic alliances and corporate venture capital investments have a positive effect on the generation of pioneering technologies, whereas the effect of M&As is found to be negative. Additionally, the impact of these governance modes on the creation of pioneering technology is indeed affected by the spanning of technological boundaries.

Keywords: Exploration, external technology sourcing, breakthrough innovations, pioneering technologies, technological boundary-spanning

Suggested Citation

Van de Vrande, Vareska and Vanhaverbeke, Wim and Vanhaverbeke, Wim and Duysters, Geert, Technology In-Sourcing and the Creation of Pioneering Technologies (February 7, 2008). Atlanta Competitive Advantage Conference Paper, Available at SSRN: https://ssrn.com/abstract=1091138 or http://dx.doi.org/10.2139/ssrn.1091138

Vareska Van de Vrande (Contact Author)

Erasmus University Rotterdam (EUR) - Department of Strategic Management and Entrepreneurship ( email )

RSM Erasmus University
Rotterdam, 3000 DR
Netherlands

Wim Vanhaverbeke

University of Surrey ( email )

Guildford
Guildford, Surrey GU2 5XH
United Kingdom
+32478332440 (Phone)

Hasselt University ( email )

Agoralaan - building D
Gebouw D
Diepenbeek, 3590
Belgium
+3216623663 (Phone)
+3216623663 (Fax)

HOME PAGE: http://wimvanhaverbeke.be

ESADE Business School

Av. de Pedralbes, 60-62
Barcelona, 08034
Spain

Geert Duysters

Eindhoven University of Technology (TUE) - Eindhoven Center for Innovation Studies (ECIS) ( email )

Box 513
NL-5600 MB Eindhoven
Netherlands
+31 40 247 4646 (Fax)

University of Maastricht

P.O. Box 616
Maastricht, 6200MD
Netherlands

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