The dual role of external technology sourcing in technological exploration

Wim Vanhaverbeke, Jason Li-Ying, Vareska van de Vrande

    Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

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    Abstract

    We refine the concept of boundary-spanning exploration, by making a distinction between explorative learning from partners and from non-partners (Partners are organizations with whom a focal firm has some kind of external venturing relations, i.e. technological alliances, corporate venturing capital, or M&As). These partners play a dual role: in explorative learning from partners, a firm teams up with external venturing partners to co-develop or transfer technology. Partners’ technology base (what they know) is driving explorative learning from partners. In contrast, in explorative learning from non-partners, partners may play a role because of whom they know. That is, they inform the firm about technological opportunities beyond its corporate venturing network. The empirical analysis supports the dual role of venturing partners in facilitating the two types of explorative learning.
    Original languageEnglish
    Title of host publicationProceeding of the 2nd Global Innovation and Knowledge Academy Annual Conference
    Number of pages22
    Publication date2013
    ISBN (Print)976-84-616-0275-9
    Publication statusPublished - 2013
    Event2nd Global Innovation and Knowledge Academy Annual Conference - Valencia, Spain
    Duration: 9 Jul 201311 Jul 2013
    Conference number: 2

    Conference

    Conference2nd Global Innovation and Knowledge Academy Annual Conference
    Number2
    Country/TerritorySpain
    CityValencia
    Period09/07/201311/07/2013

    Keywords

    • Exploration
    • External venturing
    • Technology

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