The effect of internal and external technology sourcing on firm performance throughout the technology life cycle
Stolwijk, Claire Vanhaverbeke, Wim Ortt, J.R. Pieters, Michiel Den Hartigh, Erik Van Beers, Cees
Stolwijk, Claire
Vanhaverbeke, Wim
Ortt, J.R.
Pieters, Michiel
Den Hartigh, Erik
Van Beers, Cees
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Publication Type
Journal article
Editor
Supervisor
Publication Year
2012
Journal
Technology Analysis & Strategic Management
Book
Publication Volume
24
Publication Issue
10
Publication Begin page
1013
Publication End page
1028
Publication Number of pages
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Abstract
In studies about the impact of technology sourcing on firm performance, the impact of the technology life cycle has thus far received scant attention. This paper investigates this topic from the knowledge-based perspective. Data was gathered from 22 PLD (Programmable Logic Device) manufacturers in the integrated circuit industry between 1986 and 2005, and used to test two hypotheses based on panel analysis: (1) that strategic alliance networks, as a mode of external technology sourcing, have a positive effect on a firm's innovative and market performance early in the technology life cycle, and (2) that internal development as a mode of internal technology sourcing has a positive effect on a firm's innovative and market performance later in the technology life cycle. Although both hypotheses are supported as far as market performance is concerned, neither is supported when it comes to innovative performance.
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Keywords
Technology Sourcing, Strategic Alliance, Technology Life Cycle, Innovative Performance, Market Performance