Do coopetition and cohesion of business groups stimulate their innovation performance?

Abstract

Innovation performance is a widely studied issue in management literature. However, despite an increasing number of innovation studies in the context of stand-alone firms, there is still little empirical evidence on business group innovation performance and its driving forces. Our study attempts to shed light on the relationship between coopetition and cohesion of a business group and its innovation performance. We use a Poisson regression model to analyze a sample of 118 business groups. We have found that the type of coopetition as well as the degree of cohesion of a business group is positively related to innovation performance measured by the number of patents and the number of trademarks.

The Role of Coopetition in Fostering Innovation and Growth in New Technology-based Firms: A Game Theory Approach

“…Based on coopetition, competitors cooperate in some areas while competing in others (Luo, 2007). Coopetition as a paradoxical concept (Dagnino, 2009;Raza-Ullah et al, 2014) is an essential element for achieving competitive advantage, efficiency achievements, performance improvement in economics, finance, market, and innovation, especially when competitors attain inter-firm learning (Bengtsson & Raza-Ullah, 2016;Burström et al, 2022;Fredrich et al, 2019;Mierzejewska et al, 2023;Molling et al, 2023).…”