Advantage beyond founding: The strategic use of technologies |
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| Institution: | 1. Arthur M. Blank Center for Entrepreneurship, Babson College, Babson Park, MA 02457, USA;2. Lally School of Management and Technology, Rensselaer Polytechnic Institute, Troy, NY 12180, USA;1. University of South Bohemia in ?eské Budějovice, Faculty of Health and Social Sciences, Institute of Social and Special-Paedagogical Sciences, ?eské Budějovice, Czech Republic;2. University of South Bohemia in ?eské Budějovice, Faculty of Education, Department of Pedagogy and Psychology, ?eské Budějovice, Czech Republic;1. Physical Chemistry Department, National Research Centre, 33 E l Bohoth St. (Former El Tahrir St.), Dokki, P.O. 12622, Giza, Egypt;2. Glass Research Department, National Research Centre, 33 E l Bohoth St. (Former El Tahrir St.), Dokki, P.O. 12622, Giza, Egypt;1. Center for Stroke Research Berlin (CSB), Charité – Universitätsmedizin, Berlin, Germany;2. Department for Biostatistics and Clinical Epidemiology, Charité – Universitätsmedizin, Berlin, Germany;3. Klinik und Hochschulambulanz für Neurologie, Charité – Universitätsmedizin, Berlin, Germany;4. Excellence Cluster NeuroCure, Germany;5. German Center of Neurodegenerative Diseases (DZNE), Charité – Universitätsmedizin, Berlin, Germany;6. German Center for Cardiovascular Research (DZHK), Charité, Germany;1. Commonwealth of Massachusetts, 3270 Covent Garden Drive, Reno, NV 89509, USA;2. New York State Department of Health, Bureau of Dental Health, Room 957, ESP Corning Tower, Albany, NY 12237, USA;3. Harvard School of Dental Medicine, 188 Longwood Avenue, Boston, MA 02115, USA;4. 1047 Belmont Street, Watertown, MA 02472, USA;5. Oral Health Department, Cambridge Health Alliance Windsor Street Health Center, 119 Windsor Street, Cambridge, MA 02139, USA;1. AP-HP (Paris Hospital “Assistance Publique Hôpitaux de Paris”), Occupational Health Unit, University Hospital of West Suburb of Paris, Poincaré Site, Garches, France;2. Versailles St-Quentin University UVSQ – Paris Saclay University, UMS 011, UMR-S 1168, France;3. Inserm, Population-Based Epidemiologic Cohorts Unit, UMS 011, Villejuif, France;4. Inserm, VIMA: Aging and Chronic Diseases, Epidemiological and Public Health Approaches, U1168, F-94807, Villejuif, France;5. Paris Descartes University, AP-HP, Emergency Department, Cochin Hospital, APHP, France;6. Sudden Death Expertise Centre, INSERM U970, Paris, France;7. Medical Intensive Care Unit, Cochin Hospital, APHP, Paris, France;8. Medical Intensive Care Unit, Ambroise Paré Hospital, APHP, Paris, France;9. INSERM, UMR 1018, Team Heart and Kidney, CESP, Villejuif, France |
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| Abstract: | We explore the interrelationship between efforts to build technology portfolios and form alliances, and the link between these technology-based strategic actions and product innovations rate in new firms. Our analysis of secondary data from 67 computer and telecommunications firms reveals significant positive relationship between technology portfolio worth and rate of alliance formation. We also find a significant positive relationship between rate of alliance formation and product innovation rate, but only a moderate relationship between technology portfolio worth and product innovation rate. Our findings suggest that new firms building valuable technology portfolios exhibit a superior capacity for forming alliances. And those forming alliances at a high rate are more likely to be frequent product innovators. |
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