New product introductions below aspirations, slack and R&D alliances: A behavioral perspective

被引:159
|
作者
Tyler, Beverly B. [1 ]
Caner, Turanay [2 ]
机构
[1] N Carolina State Univ, Poole Coll Management, Innovat & Entrepreneurship Dept, Raleigh, NC 27695 USA
[2] St Johns Univ, Dept Management, Peter J Tobin Coll Business, Queens, NY USA
关键词
aspirations; behavioral theory; new product introductions; R&D alliances; slack; TECHNOLOGICAL INNOVATION; PHARMACEUTICAL-INDUSTRY; FIRM RESOURCES; RISK-TAKING; PERFORMANCE; SEARCH; BIOTECHNOLOGY; COLLABORATION; EXPLORATION; PATTERNS;
D O I
10.1002/smj.2367
中图分类号
F [经济];
学科分类号
02 ;
摘要
We develop hypotheses based on behavioral theory that explain how high technology firms' new product introduction (NPI) performance below aspiration levels impact the number of R&D alliances, and how slack moderates this relationship. Using panel data of U.S. biopharmaceutical firms, we find that as firms' NPI performance below historical aspiration levels increases the number of R&D alliances they form increases and slack intensifies this relationship. We contribute to alliance research by providing theory and empirical evidence that increases in the distance of NPI below aspirations serve as a motivation for increases in R&D alliances, and empirically to behavioral theory by revealing that NPI goals act similarly to financial performance goals in their impact on firms' actions and slack intensifies this relationship. Copyright (c) 2015 John Wiley & Sons, Ltd.
引用
收藏
页码:896 / 910
页数:15
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