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標題: Can external corporate venturing broaden firm's technological scope? The role of complementary assets
作者: Lai, H.C.
Chiu, Y.C.
Liaw, Y.C.
關鍵字: External corporate venturing
Technological scope
Complementary assets
Resource-based view
Organizational learning
Electronics and
information technology
firms in Taiwan
resource-based view
competitive advantage
dynamic capabilities
business development
radical innovation
alliance formation
期刊/報告no:: Journal of Engineering and Technology Management, Volume 27, Issue 3-4, Page(s) 183-196.
摘要: This study applies two theoretical perspectives-resource-based view (RBV) and organizational learning-to explore how a firm's external corporate venturing (CV) influences its technological scope. Using data from 583 electronics and information technology firms in Taiwan for the period from 1997 to 2006, the results indicate that external CVs facilitate an established firm's broadening of its technological scope. Moreover, this study calls into question the idea that a firm's decisions regarding technological scope may be due to a specific factor that governs the extent of technological specialization and diversification. We identify this factor as the complementary assets of established firms. This study, thus, investigates whether complementary assets moderate the relationship between external CV in established firms and those firms' technological scope. The analytical results also support the idea that increasing investments in specialized complementary assets will urge firms engaged in external CV to concentrate on their technological scope. Therefore, this study addresses the notion that concentrated technological scope is the conjunction of technological capabilities and complementary assets, not determined by either individually. (C) 2010 Elsevier B.V. All rights reserved.
ISSN: 0923-4748
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