Matching the Goals and Impacts of R&D Collaboration

15 Pages Posted: 16 Jul 2011

See all articles by Lluis Santamaria

Lluis Santamaria

Universidad Carlos III de Madrid

Jordi Surroca

Universidad Carlos III de Madrid - Department of Business Administration

Date Written: Summer 2011

Abstract

This study is aimed at analyzing the fit, or matching, between technological goals that lead a firm to choose a particular technological partner and the impact of that partner on the firm's innovation performance. We hypothesize that, when designing their alliance strategy, firms take into account exploration or exploitation motivations. An adequate design of this strategy is critical because each technological partner will exert a different impact on firm's innovation outcomes. Using data from a representative panel of Spanish manufacturing firms comprising 1,300 firms across 5 years, we find that the motivation in forming alliances with vertical partners is to exploit existing competences which is reflected in an increased likelihood of obtaining product and process innovations. The main driver behind the selection of institutional partnerships, a type of collaboration which has a greater propensity to patent, is the exploration of new ideas. Finally, horizontal collaboration is motivated by the desire to carry out pre‐competitive research, which explains the null impact of this type of alliance on innovation outcomes. The implications of these findings as they apply to management practice, economic policy and future research are discussed.

Keywords: vertical collaboration, institutional collaboration, horizontal collaboration, exploration, exploitation, innovation outcomes

Suggested Citation

Santamaria, Lluis and Surroca, Jordi, Matching the Goals and Impacts of R&D Collaboration (Summer 2011). European Management Review, Vol. 8, Issue 2, pp. 95-109, 2011, Available at SSRN: https://ssrn.com/abstract=1886896 or http://dx.doi.org/10.1111/j.1740-4762.2011.01012.x

Lluis Santamaria (Contact Author)

Universidad Carlos III de Madrid

CL. de Madrid 126
Madrid, Madrid 28903
Spain

Jordi Surroca

Universidad Carlos III de Madrid - Department of Business Administration ( email )

Calle Madrid 126
Getafe, Madrid, Madrid 28903
Spain

HOME PAGE: http://www.uc3m.es/uc3m/dpto/EMP/profesor/ijordi.htm

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
1
Abstract Views
670
PlumX Metrics