Knowledge alliances and innovation performance: an empirical perspective on the role of network resources

Abstract

This paper draws on the notion of network resources to examine the association between such resources, in the form of knowledge alliances, and the innovation performance of firms, as well as the extent to which the geographic location of network partners influences this performance. We find that innovation performance is associated with a combination of both network resources and the internal characteristics of firms. In particular, we find that regionally-based network resources are more strongly associated with superior innovation performance. Knowledge alliances with local rival firms and knowledge-intensive business service providers (KIBS) are most strongly associated with superior innovation performance. Our findings suggest that spatial proximity is significant for establishing effective knowledge alliances.

International Regional Patterns of R&D Networks Involving Low Tech SMEs

“…Yet there is little empirical research on whether this latter proposition is valid. Concurrently, the trend toward formalized cooperation, namely through inter-firm alliances, joint ventures, and R&D and other agreements, has been intensifying (Huggins and Johnston 2012). Both these phenomena reflect the accelerating pace of innovation, and the related requirements of staying abreast of technological and market trends, integrating relevant knowledge, and developing new products and processes (Lundvall 1992).…”

“…Proximity is said to enhance the performance of the firms through knowledge spillovers, informal information exchange, and the easier availability of inputs, skills, and other shared resources (Scott 1992;Crespo et al 2012). Concurrently, the trend toward formalized cooperation, namely through inter-firm alliances, joint ventures, and R&D and other agreements, has been intensifying (Powell and Brantley 1992;Howells 2012;Huggins and Johnston 2012). Both these phenomena reflect the accelerating pace of innovation, and the related requirements of staying abreast of technological and market trends, integrating relevant knowledge, and developing new products and processes (Lundvall, 1992, Fischer andZayas 2012).…”

Open innovation actions and innovation performance

“…Although their conclusions may not be easily applicable to other industries, due to specific characteristics of the innovation dynamics, they may be classified into three different categories: manufacturing, service and high tech. The latter category includes high technology, knowledge-based services and manufacturing companies operating in industries such as biotechnology, aerospace, medical instruments, information and communication technology, financial and business services, and media and broadcasting (Huggins & Johnston, 2012).…”

The structure and proximity mechanism of formal innovation networks: Evidence from Shanghai high‐tech ITISAs

“…Alliance networks can effectively promote the construction of innovation networks (Huggins, 2012), and the ITISA is an important carrier of the National Innovation System (NIS) and regional economic development in China (Lian, 2013), which can help achieve the goal of innovation-driven economic development.…”