RT Journal Article
T1 Failed and successful innovations: The role of geographic proximity and international diversity of partners in technological collaboration
A1 Santamaria Sanchez, Luis
A1 Nieto Sánchez, María Jesús
A1 Rodríguez Márquez, Alicia
AB We 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.
PB Elsevier
SN 0040-1625
YR 2021
FD 2021-05
LK https://hdl.handle.net/10016/33835
UL https://hdl.handle.net/10016/33835
LA eng
NO This 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.
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RD 1 sept. 2024