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Changing the geographic scope of collaboration : implications for product innovation novelty and commercialisation
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Kesidou, Effie, Love, Jim, Ozusaglam, Serdal and Wong, Chee Yew (2023) Changing the geographic scope of collaboration : implications for product innovation novelty and commercialisation. Journal of Product Innovation Management, 40 (6). pp. 859-881. doi:10.1111/jpim.12695 ISSN 0737-6782.
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Official URL: https://doi.org/10.1111/jpim.12695
Abstract
Prior research points out the benefits of external collaboration for innovation, yet little is known of: (a) the changes in the scope of external collaboration over time (i.e., firms increasing, seeking stability, or decreasing the geographic scope of their collaboration), and (b) how such changes in the geographic scope of collaboration affect product innovation novelty and commercialization. Here, we build on organizational learning theory, with the objective of exploring how changes in the geographic scope of collaboration over time affect the novelty of product innovation and its commercial success. Econometric analysis of a large panel of UK firms reveals three novel findings: First, while stability in the geographic scope of collaboration is common, there is a marked incidence of change, that is, firms are increasing or decreasing the geographic scope of collaboration. Second, while moving toward more geographically distant collaboration is beneficial mostly for radical innovation, maintaining stability in the geographic scope of collaboration is particularly beneficial for incremental innovation. Third, we demonstrate that becoming less international in the geographic scope might be beneficial for innovation commercialization. Finally, we identify six pathways to geographic collaboration that map to innovation outcomes.
Item Type: | Journal Article | ||||||||
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Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HF Commerce |
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Divisions: | Faculty of Social Sciences > Warwick Business School | ||||||||
Library of Congress Subject Headings (LCSH): | Strategic alliances (Business), Partnership, Econometrics, New products, Product design -- Management | ||||||||
Journal or Publication Title: | Journal of Product Innovation Management | ||||||||
Publisher: | John Wiley & Sons Ltd. | ||||||||
ISSN: | 0737-6782 | ||||||||
Official Date: | November 2023 | ||||||||
Dates: |
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Volume: | 40 | ||||||||
Number: | 6 | ||||||||
Page Range: | pp. 859-881 | ||||||||
DOI: | 10.1111/jpim.12695 | ||||||||
Status: | Peer Reviewed | ||||||||
Publication Status: | Published | ||||||||
Access rights to Published version: | Open Access (Creative Commons) | ||||||||
Date of first compliant deposit: | 7 August 2023 | ||||||||
Date of first compliant Open Access: | 10 October 2023 | ||||||||
RIOXX Funder/Project Grant: |
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