TECHNOLOGY PARTNERSHIP PORTFOLIOS AND FIRM INNOVATION PERFORMANCE: ADDITIONAL EVIDENCE
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Abstract
This study aims to investigate the relationship between technology partnership portfolios and firm innovation performance by examining the moderating effect of firm size. Using a sample of 391 US firms, the study finds that technology partnership portfolios have a positive impact on innovation performance. Additionally, firm size moderates this relationship, such that larger firms benefit more from diversifying their technology partnership portfolios. These findings suggest that technology partnership portfolios can be an effective strategy for firms to enhance their innovation performance, and that firm size should be taken into account when formulating such strategies.
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