The Contagious Power of Innovativeness: A Comparison of Different Types of Firm Partners

Creators: Wagner, Heinz-Theo and Moos, Bernhard and Beimborn, Daniel and Weitzel, Tim
Title: The Contagious Power of Innovativeness: A Comparison of Different Types of Firm Partners
Item Type: Conference or Workshop Item
Event Title: (Proceedings of the) 72nd Annual Meeting of the Academy of Management (AoM) "The Informal Economy"
Event Location: Boston, MA, USA
Event Dates: July, 3-7,2012
Projects: CROSS
Additional Information: Academy of Management Annual Meeting Proceedings ; Volume 2012, Issue 1 ISSN 2151-6561
Date: July 2012
Divisions: Informationsmanagement
Abstract: Continuously innovating is known to provide firms with a competitive edge over rival firms. As innovations are often created in networks, a firm’s partners exert an influence on the focal firm’s innovative outcome. Although many studies deal with innovation networks and open innovation as a means to explore external knowledge and exploit knowledge externally e.g., dealing with characteristics of partnership agreements, there is virtually no research regarding characteristics of external partners. Namely, whether a focal firm’s partners are innovative themselves and what the effects of this innovativeness on a focal firm’s innovative outcome might be. This study considers different types of partners such as customers and suppliers and deals with the differential impact of partners’ innovativeness on a focal firm’s knowledge stock, absorptive capacity (ACAP), and innovation success. Drawing on literature on open innovation and ACAP and employing a survey in the manufacturing industry, we show whether a certain partner types’ innovativeness is linked to innovation success, knowledge stock, and ACAP of a focal firm. E.g., we found that only the innovativeness of firms organized in clusters is positively and directly linked to innovation success, while customers’ innovativeness influences positively and directly certain components of ACAP and knowledge stock.
Citation:

Wagner, Heinz-Theo and Moos, Bernhard and Beimborn, Daniel and Weitzel, Tim (2012) The Contagious Power of Innovativeness: A Comparison of Different Types of Firm Partners. In: (Proceedings of the) 72nd Annual Meeting of the Academy of Management (AoM) "The Informal Economy", July, 3-7,2012, Boston, MA, USA.

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