The Value for Innovation of Inter-Firm Networks and Forming Alliances: A Meta-Analytic Model of Indirect Effects

46 Pages Posted: 4 Oct 2014

See all articles by Angel Salazar

Angel Salazar

Manchester Metropolitan University

José Manuel Hurtado

Universidad Pablo de Olavide

Geert Duysters

Tilburg University

Anna Sabidussi

Tilburg University - TIAS School for Business and Society

Mike Allen

University of Wisconsin - Milwaukee

Date Written: September 27, 2014

Abstract

In the past few decades, we have seen strong growth in the number of publications on the role of alliances and networking on innovative performance and, more generally, firm performance. The empirical results of these studies are, however, often debated, and there seems to be little consensus in the academic literature. We therefore focus our meta-analytical model test on the accumulated direction and magnitude of the indirect relationships reported in the literature between innovation, networking, alliances, and firm performance. Our meta-analysis is based on 517 correlations, 156 studies, and a total sample size of 93,048 firms. We compare the findings of our meta-analysis to the results of a bootstrapping analysis. Our results corroborate the bulk of studies, which suggests that networks and alliance experience play an important role in generating rents from innovation resources through both direct and indirect effects. The practical implication is that firms need to engage in networks and also develop strong alliance management capabilities to be able to increase the contribution innovation resources can make to their performance.

Keywords: innovation, inter-firm networks, alliances, firm performance, meta-analysis,indirect effects, bootstrapping

JEL Classification: D20, O32

Suggested Citation

Salazar, Angel and Hurtado-Gonzalez, Jose-Manuel and Duysters, Geert and Sabidussi, Anna and Allen, Mike, The Value for Innovation of Inter-Firm Networks and Forming Alliances: A Meta-Analytic Model of Indirect Effects (September 27, 2014). Available at SSRN: https://ssrn.com/abstract=2502230 or http://dx.doi.org/10.2139/ssrn.2502230

Angel Salazar (Contact Author)

Manchester Metropolitan University ( email )

All Saints
Manchester, M15 6BH
United Kingdom

Jose-Manuel Hurtado-Gonzalez

Universidad Pablo de Olavide ( email )

Geert Duysters

Tilburg University ( email )

P.O. Box 90153
Tilburg, DC 5000 LE
Netherlands

Anna Sabidussi

Tilburg University - TIAS School for Business and Society ( email )

P.O. Box 90153
Tilburg, DC 5000 LE
Netherlands

Mike Allen

University of Wisconsin - Milwaukee ( email )

Bolton Hall 802
3210 N. Maryland Ave.
Milwaukee, WI 53211
United States

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