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首页> 外文期刊>Research policy >Does separation hurt? The impact of premature termination of R&D alliances on knowledge acquisition and innovation
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Does separation hurt? The impact of premature termination of R&D alliances on knowledge acquisition and innovation

机译：分离伤害吗？ R＆D联盟过早终止对知识产权创新的影响

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摘要

While there is vast research on alliance formation linked to knowledge acquisition and innovation, research is limited on the impact of alliance termination on these same dimensions. Addressing this gap and building on the knowledge-based view of the firm, we analyze the impact of premature alliance termination on knowledge acquisition and innovation outcomes. We apply a difference-in-differences and matching-based estimation to a sample of terminated and non-terminated R&D alliances in the life sciences. Our analysis suggests that alliance termination reduces innovation performance and that innovation output becomes less technologically diverse, while knowledge acquisition becomes less externally oriented. However, we find no relevant drop in acquisition of knowledge from alliance partners post alliance termination. Our exploration of conditional effects shows that firm-level factors, particularly a firm's alliance portfolio, moderate termination effects, while alliance-specific conditions have little impact.
机译：虽然有关知识获取和创新的联盟形成巨大研究，但研究有限于联盟终止对这些相同尺寸的影响。解决这一差距和建立本公司知识的观点，分析了早产联盟终止对知识收购和创新成果的影响。我们将差异差异和基于匹配的估计应用于生命科学中终止和非终止的R＆D联盟的样本。我们的分析表明，联盟终止降低了创新性能，创新产出变得越来越多种多样，而知识获取变得较低。但是，我们发现从联盟合作伙伴发布联盟终止的知识没有任何相关的下降。我们对条件影响的探索表明，坚固的因素，特别是企业的联盟组合，中等终止效果，而联盟特异性条件影响不大。

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