“…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).…”