Suchergebnisse

Innovation is a key factor for the sustainable development of firms. Although it has been a prevalent phenomenon that firms maintain multiple industry&ndash ; university&ndash ; research (I&ndash ; U&ndash ; R) alliances simultaneously to generate innovation, there is a lack of explorations in this phenomenon in extant literature. In this study, we introduce a new construct, I&ndash ; U&ndash ; R alliance portfolio, and investigate the impact of its diversity on a focal firm&rsquo ; s innovation performance. Hypotheses are proposed and examined using datasets of 176 listed firms in the Chinese manufacturing industry. We find that I&ndash ; U&ndash ; R alliance portfolio diversity exerts a positive effect on a focal firm&rsquo ; s innovation performance and a firm&rsquo ; s absorptive capacity positively moderates this relationship. Furthermore, we contend that with increasing levels of government financial support, the positive relationship between I&ndash ; U&ndash ; R alliance portfolio diversity and firm innovation performance is strengthened. Finally, our findings provide several theoretical and practical implications for the I&ndash ; U&ndash ; R alliance portfolio and firm innovation.

PurposeEmerging market multinationals often face a variety of legitimacy challenges as they engage in cross-border acquisitions in developed countries, which requires an assortment of legitimacy strategies best aligned with the legitimacy challenges they face. This study advocates for a configurational perspective that examines how different configurations of legitimacy challenges, organizational characteristics, and legitimacy strategies influence the likelihood of deal completion in cross-border acquisitions by emerging market multinational enterprises (EMNEs).Design/methodology/approachBased on 328 cross-border acquisition cases by Chinese firms, this study adopts the fuzzy-set qualitative comparative analysis to examine the combined effects of institutional distance, political affinity, equity sought, architecture design, sensitive·industry and state-owned and enterprise (SOE) on cross-border acquisition completion.FindingsThis study identifies six pathways with different configurations for deal completion, suggesting that a deal's overall legitimacy falls at the intersection of the country-level institution and the firm-level characters and strategy evaluations.Originality/valueThis study investigates how nested legitimacy influences cross-border acquisition completion by offering a holistic and configurational understanding of the deal completion of cross-border acquisitions by EMNEs and yields useful insights for future research on cross-border acquisition completion and legitimacy.

Purpose
This study aims to build a theoretical model including intermediate-level outside-in marketing capabilities (ILOIMC), radical and incremental technological innovations and management innovation.


Design/methodology/approach
This research used 272 pairs of survey questionnaires from Chinese firms' managers to examine the hypotheses.


Findings
The results indicate that ILOIMC enhance management innovation by stimulating radical technological innovation. Furthermore, the mediating effect of incremental technological innovation depends on technological turbulence.


Research limitations/implications
This study may have several limitations which future research could try to overcome: cross-sectional data, Chinese samples, exclusive focus on ILOIMC, sociotechnical approach to innovation typology and measuring ILOIMC as a first-order variable.


Practical implications
ILOIMC can significantly improve innovations in technology and management systems by using customer value and market information.


Originality/value
This study proposes a new taxonomy to classify marketing capabilities into lower-level inside-out marketing capabilities, ILOIMC and higher-level outside-in marketing capabilities. It also provides an explicit discussion and examination of the influence of ILOIMC on technological and management innovations and the contingency effect of technological turbulence. Thus, it responds to Musarra and Morgan's (2020) call for more research into the mechanism that explains when (the conditions under which) and how (the process by which) outside-in marketing capabilities could contribute to firm innovation.