Research on Industry-University-Research Alliance portfolio Mode Repeatedness and Growth of Technology-based SMEs
Zhang Yufei1,2, Xu Long1, Feng Xueyun1, Li Weihong1,2
1. School of Business Administration,Hebei University of Economics and Business,Shijiazhuang 050061,China; 2. Hebei Collaborative Innovation Center for Urban-rural Integrated Development,Shijiazhuang 050061,China
Abstract：It has become a common phenomenon for technology-based small and medium-sized enterprises(SMEs)to establish IUR alliance portfolios(IURAPs).Despite the evident repetitive patterns in the alliance models adopted by focal firms within IURAP configuration,there is a lack of sufficient exploration on this phenomenon in the academic community.Leveraging 2013—2020 panel data of 150 manufacturing technology-based SMEs listed on Chinese GEM Board,this study theoretically and empirically explores the impact path and contextual conditions of IURAP mode repeatedness on the growth performance of technology-based SMEs,and introduces China's unique informal institutional context factors from two dimensions of culture and trust as moderator variables.Results reveal that IURAP mode repeatedness has a significant and negative impact on growth performance of technology-based SMEs,and both regional cultural diversity level and regional social trust level weaken the negative impacts of IURAP mode repeatedness on growth performance of technology-based SMEs.Research conclusions advance relevant research on alliance portfolio,IUR alliance and institution theory,and provide practical guidance for technology-based SMEs to configure their IURAPs in order to promote IUR deep integration.
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