Matching Mechanism of Innovation Alliance Types and Governance Structures Between Integrated Innovation Firms and Components Developers
Zhang Yunsheng1,2, Gao Wei1, Zhang Lifei3
1.Business School of Hunan University,Changsha 410082,China; 2.Business School of Central South University,Changsha 410083,China; 3.School of Economics and Trade of Hunan University,Changsha 410079,China
Abstract：Based on the perspective of strategic alliances,introducing an environment variable of technology development difficulty,and using the negative binomial regression analysis models,the paper discusses the matching mechanism of innovation alliance types and governance structures between integrated innovation firms and components developers and analyzes the effects of different matching mechanism on integrated innovation enterprise's independent innovation performance.The results show that,compared with exploitation alliances,exploration alliances contribute more to the independent innovation,which have significant differential effect on the independent innovation performance of integrated innovation enterprises.For exploitation alliances,integrated innovation enterprise's equity-based exploitation alliances with components developers have more advantages than non-equity-based exploitation alliances.For exploration alliances,non-equity governance structures are better than equity governance structures.Meanwhile,the greater difficulties in complement technology development will strength the advantage of equity-based exploitation and non-equity-based exploration alliances between integrated innovation firms and components developers
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