2017
DOI: 10.1504/ijtm.2017.082355
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The impact of internal and external technology sourcing on innovation performance: a review and research agenda

Abstract: Abstract:In seeking to strategically boost their innovation capabilities, technology-driven companies can mobilise internal as well as external sourcing strategies. A number of researchers in the field of technology management have assessed the impact of these two organisational choices on innovation performance. Empirical findings are striking but relatively scattered and give the impression of diverse and sometimes contradictory conclusions. The purpose of this review is therefore to survey and consolidate t… Show more

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Cited by 5 publications
(3 citation statements)
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“…In competitive markets, those firms over perform who have the international technology for their operational activities [35]. Access to external technology is not only essential for new product development, but also empowers innovation performance [36]. Therefore, domestic firms try to capture foreign technology for their internal process in terms of product development, structure and skills.…”
Section: International Technology and Sustainable Competitive Performmentioning
confidence: 99%
“…In competitive markets, those firms over perform who have the international technology for their operational activities [35]. Access to external technology is not only essential for new product development, but also empowers innovation performance [36]. Therefore, domestic firms try to capture foreign technology for their internal process in terms of product development, structure and skills.…”
Section: International Technology and Sustainable Competitive Performmentioning
confidence: 99%
“…Additionally, internal R&D leads to increased external sourcing of knowledge as these internal efforts provide firms with the prior technological knowledge that is required to identify and absorb knowledge from external partners (Kostopoulos et al 2011;Lichtenthaler 2010). Existing internal R&D enhances this ability and thus positively impacts the external sourcing of knowledge (Gnekpe and Coeurderoy 2017). Fabrizio (2009) argues that a firm's innovation performance depends on its internal knowledge and abilities to assess and integrate external knowledge.…”
Section: Innovation Activities In Smesmentioning
confidence: 99%
“…About the first question, prior studies have investigated the effects of several single sourcing strategies, such as strategic alliance (Schilling and Steensma, 2001;Lavie, 2007;Rothaermel and Deeds, 2006;Hoang and Rothaermel, 2005;Rothaermel and Deeds, 2004;Gnekpe and Coeurderoy, 2017), licensing (Huston and Sakkab, 2006;Tsai and Wang, 2008;Lane and Probert, 2007;Malik, 2011) and corporate venture capital (CVC) investment (Dushnitsky and Lenox, 2005;Lee and Kang, 2015;Chang et al, 2009) and factors that compel a firm towards using each method of sourcing, e.g. firm size, cost and uncertainty of the innovation, industry intensity of innovation (Veugelers and Cassiman, 1999), hostile and dynamic environment (Zahra, 1996), firm's competencies (Narula, 2001;Riccobono et al, 2015), strategic importance of the technology (Narula, 2001), technology life cycle (Narula, 2001;Stolwijk et al, 2012;Cantarello et al, 2011), perceived threat of opportunism and commercial failure, chance of achieving sustainable competitive advantage (Steensma and Corley, 2001) and firm's financial capability (Lungeanu et al, 2016).…”
Section: Introductionmentioning
confidence: 99%