MAXIMIZING INNOVATION: ANALYZING THE INFLUENCE OF TECHNOLOGY PARTNERSHIP PORTFOLIOS ON FIRM PERFORMANCE

Innovation is a cornerstone of competitive advantage in today's dynamic business environment, and firms often collaborate with external partners to enhance their innovation capabilities. This study examines the influence of technology partnership portfolios on firm innovation performance. Drawing on data from a diverse sample of firms across industries, we analyze the composition and dynamics of technology partnership portfolios and their impact on various dimensions of innovation performance, including product innovation, process innovation, and overall firm competitiveness. Our findings shed light on the strategic importance of managing technology partnerships effectively to maximize innovation outcomes and sustain long-term competitive advantage.