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Failed and successful innovations: The role of geographic proximity and international diversity of partners in technological collaboration

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dc.affiliation.dptoUC3M. Departamento de Economía de la Empresaes
dc.affiliation.institutoUC3M. Instituto de Iniciativas Empresariales y Empresa Familiar Conde de Campomaneses
dc.contributor.authorSantamaria Sanchez, Luis
dc.contributor.authorNieto Sánchez, María Jesús
dc.contributor.authorRodríguez Márquez, Alicia
dc.contributor.funderMinisterio de Ciencia, Innovación y Universidades (España)es
dc.date.accessioned2021-12-23T09:08:19Z
dc.date.available2021-12-23T09:08:19Z
dc.date.issued2021-05
dc.description.abstractWe aim to clarify the role of research partnerships on the success and failure of innovation projects by examining the geographic proximity and diversity of partners. First, we argue that collaboration with geographically near partners will contribute relatively more to innovation success than it does to innovation failure, while collaboration with geographically distant partners will contribute relatively more to innovation failure than it does to innovation success. Second, we postulate that lower levels of international diversity will contribute relatively more to innovation success than it does to innovation failure, while higher levels of international diversity will contribute relatively more to innovation failure than it does to innovation success. Using a large dataset of firms for the period 2008–2013, we perform a joint analysis of failed and successful innovations. Our empirical findings support our theoretical arguments. Our results highlight the relevance of studying both failed and successful innovations and the importance of knowing their determinants to manage the innovation process successfully. Moreover, our findings should alert managers to the importance of geographic location when choosing collaboration partners. It is noteworthy that beyond a certain threshold, international diversity begins to act as a brake on innovation success and to increase the likelihood of failure.en
dc.description.sponsorshipThis project was funded by the Government Research Agency of Spanish Ministry of Science and Innovation (PID2019-106874GB-I00/AEI/10.13039/501100011033) and Spanish Ministry of Economy and Business (ECO2017-87514-P). All authors have contributed equally to this paper.en
dc.format.extent13
dc.identifier.bibliographicCitationSantamaría, L., Nieto, M. J. & Rodríguez, A. (2021). Failed and successful innovations: The role of geographic proximity and international diversity of partners in technological collaboration. Technological Forecasting and Social Change, 166, 120575.en
dc.identifier.doihttps://doi.org/10.1016/j.techfore.2021.120575
dc.identifier.issn0040-1625
dc.identifier.publicationfirstpage1
dc.identifier.publicationissue120575
dc.identifier.publicationlastpage13
dc.identifier.publicationtitleTechnological Forecasting and Social Changeen
dc.identifier.publicationvolume166
dc.identifier.urihttps://hdl.handle.net/10016/33835
dc.identifier.uxxiAR/0000028690
dc.language.isoengen
dc.publisherElsevieren
dc.relation.projectIDGobierno de España. ECO2017-87514-Pes
dc.relation.projectIDGobierno de España. PID2019-106874GB-I00es
dc.relation.projectIDAT-2021
dc.rights© 2021 The Authors. Published by Elsevier Inc. This is an open access article under the CC BY-NC-ND license.en
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 España*
dc.rights.accessRightsopen accessen
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/*
dc.subject.ecienciaEconomíaes
dc.subject.ecienciaEmpresaes
dc.subject.otherFailed innovationen
dc.subject.otherSuccessful innovationen
dc.subject.otherInternational collaborationen
dc.subject.otherProximityen
dc.subject.otherDiversityen
dc.titleFailed and successful innovations: The role of geographic proximity and international diversity of partners in technological collaborationen
dc.typeresearch article*
dc.type.hasVersionVoR*
dspace.entity.typePublication
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