Promote or inhibit? The influence of partner repeatedness in university-industry alliance portfolios on firm innovation performance

Shuman Zhang; Huijun Shen; Liang Zhang; Yang Li

doi:10.1080/13662716.2023.2192682

Promote or inhibit? The influence of partner repeatedness in university-industry alliance portfolios on firm innovation performance

Shuman Zhang, Huijun Shen, Liang Zhang^*, Yang Li

^*Corresponding author for this work

Department of Strategic Management and Organisations

Research output: Contribution to journal › Article › peer-review

1 Citation (Scopus)

Abstract

Constructing a portfolio of university-industry (UI) alliances with multiple academic institutions simultaneously has been pervasive for emerging market firms. However, whether repeated partnerships in focal firms’ UI alliance portfolios influence firm innovation performance remains unknown. Using the unbalanced panel data from Chinese manufacturing firms, we theorise and find that UI alliance portfolio partner repeatedness has a negative effect on focal firms’ innovation performance. Besides, we examine the boundary conditions under which UI alliance portfolio partner repeatedness influences firm innovation performance. We find that both institutional development and market competition weaken the negative effect of UI alliance portfolio partner repeatedness on firm innovation performance. This study contributes to previous studies and provides practical implications for both firm managers and policymakers.

Original language	English
Pages (from-to)	480-505
Number of pages	26
Journal	Industry and Innovation
Volume	30
Issue number	4
DOIs	https://doi.org/10.1080/13662716.2023.2192682
Publication status	Published - 20 Mar 2023

Keywords

L25
M10
O32
Partner repeatedness
UI alliance portfolio
firm innovation
institutional development
market competition

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10.1080/13662716.2023.2192682

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title = "Promote or inhibit? The influence of partner repeatedness in university-industry alliance portfolios on firm innovation performance",

abstract = "Constructing a portfolio of university-industry (UI) alliances with multiple academic institutions simultaneously has been pervasive for emerging market firms. However, whether repeated partnerships in focal firms{\textquoteright} UI alliance portfolios influence firm innovation performance remains unknown. Using the unbalanced panel data from Chinese manufacturing firms, we theorise and find that UI alliance portfolio partner repeatedness has a negative effect on focal firms{\textquoteright} innovation performance. Besides, we examine the boundary conditions under which UI alliance portfolio partner repeatedness influences firm innovation performance. We find that both institutional development and market competition weaken the negative effect of UI alliance portfolio partner repeatedness on firm innovation performance. This study contributes to previous studies and provides practical implications for both firm managers and policymakers.",

keywords = "L25, M10, O32, Partner repeatedness, UI alliance portfolio, firm innovation, institutional development, market competition",

author = "Shuman Zhang and Huijun Shen and Liang Zhang and Yang Li",

note = "Funding Information: This work was supported by the Natural Science Foundation of Zhejiang Province (No. LQ22G020005 and LQ22G030012); the Project of Zheshang Research Institute of Zhejiang Gongshang University (No. 22ZSKT03YB); the National Natural Science Foundation of China (No. 72202239, 72202214, and 72091313); and the National Natural Science Foundation of Hunan Province (No. 2022JJ40654). We are grateful to Associate Editor Holmer Kok and two anonymous reviewers for their constructive and helpful comments. Publisher Copyright: {\textcopyright} 2023 Informa UK Limited, trading as Taylor & Francis Group.",

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AU - Zhang, Shuman

AU - Shen, Huijun

AU - Zhang, Liang

AU - Li, Yang

N1 - Funding Information: This work was supported by the Natural Science Foundation of Zhejiang Province (No. LQ22G020005 and LQ22G030012); the Project of Zheshang Research Institute of Zhejiang Gongshang University (No. 22ZSKT03YB); the National Natural Science Foundation of China (No. 72202239, 72202214, and 72091313); and the National Natural Science Foundation of Hunan Province (No. 2022JJ40654). We are grateful to Associate Editor Holmer Kok and two anonymous reviewers for their constructive and helpful comments. Publisher Copyright: © 2023 Informa UK Limited, trading as Taylor & Francis Group.

PY - 2023/3/20

Y1 - 2023/3/20

N2 - Constructing a portfolio of university-industry (UI) alliances with multiple academic institutions simultaneously has been pervasive for emerging market firms. However, whether repeated partnerships in focal firms’ UI alliance portfolios influence firm innovation performance remains unknown. Using the unbalanced panel data from Chinese manufacturing firms, we theorise and find that UI alliance portfolio partner repeatedness has a negative effect on focal firms’ innovation performance. Besides, we examine the boundary conditions under which UI alliance portfolio partner repeatedness influences firm innovation performance. We find that both institutional development and market competition weaken the negative effect of UI alliance portfolio partner repeatedness on firm innovation performance. This study contributes to previous studies and provides practical implications for both firm managers and policymakers.

AB - Constructing a portfolio of university-industry (UI) alliances with multiple academic institutions simultaneously has been pervasive for emerging market firms. However, whether repeated partnerships in focal firms’ UI alliance portfolios influence firm innovation performance remains unknown. Using the unbalanced panel data from Chinese manufacturing firms, we theorise and find that UI alliance portfolio partner repeatedness has a negative effect on focal firms’ innovation performance. Besides, we examine the boundary conditions under which UI alliance portfolio partner repeatedness influences firm innovation performance. We find that both institutional development and market competition weaken the negative effect of UI alliance portfolio partner repeatedness on firm innovation performance. This study contributes to previous studies and provides practical implications for both firm managers and policymakers.

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KW - M10

KW - O32

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KW - institutional development

KW - market competition

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EP - 505

JO - Industry and Innovation

JF - Industry and Innovation

IS - 4

ER -

Promote or inhibit? The influence of partner repeatedness in university-industry alliance portfolios on firm innovation performance

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Keywords

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