Title
Optimal cognitive distance and absorbtive capacity Optimal cognitive distance and absorbtive capacity
Author
Faculty/Department
Faculty of Applied Economics
Publication type
article
Publication
Amsterdam ,
Subject
Economics
Law
Source (journal)
Research policy. - Amsterdam, 1971, currens
Volume/pages
36(2007) :7 , p. 1016-1034
ISSN
0048-7333
ISI
000250124200009
Carrier
E
Target language
Dutch (dut)
English (eng)
Full text (Publishers DOI)
Abstract
In this paper we test the relation between cognitive distance and innovation performance of firms engaged in technology-based alliances. The key finding is that the hypothesis of an inverted U-shaped effect of cognitive distance on innovation performance of firms is confirmed. Moreover, as expected, we found that the positive effect for firms is much higher when engaging in more radical, exploratory alliances than in more exploitative alliances. The effect of cumulative R&D turns out to be mixed. It appears to increase absorptive capacity, as expected, but there is clear evidence that it also reduces the effect of cognitive distance on novelty value, making it increasingly difficult to find additional novelty
E-info
https://repository.uantwerpen.be/docman/iruaauth/959b6e/b3264ba9679.pdf
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