The effect of internal and external technology sourcing on firm performance throughout the technology life cycle |
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| Authors: | Claire CM Stolwijk Wim PM Vanhaverbeke J Roland Ortt Michiel W Pieters Erik den Hartigh Cees van Beers |
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| Institution: | 1. Department of Technology, Strategy and Entrepreneurship , Delft University of Technology , Delft , The Netherlands c.c.m.stolwijk@tudelft.nl;3. Department BEW , Hasselt University , Diepenbeek , Belgium;4. ESADE Business School , Spain;5. Department Management School Vlerick Leuven , Gent , Belgium;6. Department of Technology, Strategy and Entrepreneurship , Delft University of Technology , Delft , The Netherlands;7. Department of Organizational Science , Tilburg University , Tilburg , The Netherlands;8. Department of Technology, Strategy and Entrepreneurship , Delft University of Technology , Delft , The Netherlands;9. School of Economics and Administrative Sciences , ?zye?in University , Istanbul , Turkey |
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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 |
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