External technology sourcing: The effect of uncertainty on governance mode choice

V. van de Vrande, W.P.M. Vanhaverbeke, G.M. Duijsters

Research output: Contribution to journalArticleScientificpeer-review

Abstract

External knowledge sourcing is increasingly important for corporate entrepreneurship. In this study, we examine the effect of external and relational uncertainty on the governance choice for inter-organizational technology sourcing. We develop a number of hypotheses about the impact of environmental turbulence, technological newness, technological distance and prior cooperation on the choice between different governance modes. Data about external technology sourcing transactions in the pharmaceutical industry do not provide evidence for a continuum from less to more integrated sourcing modes. However, we find that the ranking depends on the type of uncertainty, indicating that firms tackle different types of uncertainty with different governance modes.
Original languageEnglish
Pages (from-to)62-80
JournalJournal of Business Venturing
Volume24
Issue number1
Publication statusPublished - 2009

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Drug products
Turbulence
Uncertainty
Governance mode
Technology sourcing
Mode choice
Industry
Environmental turbulence
Governance
Corporate entrepreneurship
Sourcing
Pharmaceutical industry
Ranking
Knowledge sourcing
Technological distance
Integrated

Cite this

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title = "External technology sourcing: The effect of uncertainty on governance mode choice",
abstract = "External knowledge sourcing is increasingly important for corporate entrepreneurship. In this study, we examine the effect of external and relational uncertainty on the governance choice for inter-organizational technology sourcing. We develop a number of hypotheses about the impact of environmental turbulence, technological newness, technological distance and prior cooperation on the choice between different governance modes. Data about external technology sourcing transactions in the pharmaceutical industry do not provide evidence for a continuum from less to more integrated sourcing modes. However, we find that the ranking depends on the type of uncertainty, indicating that firms tackle different types of uncertainty with different governance modes.",
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External technology sourcing : The effect of uncertainty on governance mode choice. / van de Vrande, V.; Vanhaverbeke, W.P.M.; Duijsters, G.M.

In: Journal of Business Venturing, Vol. 24, No. 1, 2009, p. 62-80.

Research output: Contribution to journalArticleScientificpeer-review

TY - JOUR

T1 - External technology sourcing

T2 - The effect of uncertainty on governance mode choice

AU - van de Vrande, V.

AU - Vanhaverbeke, W.P.M.

AU - Duijsters, G.M.

PY - 2009

Y1 - 2009

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AB - External knowledge sourcing is increasingly important for corporate entrepreneurship. In this study, we examine the effect of external and relational uncertainty on the governance choice for inter-organizational technology sourcing. We develop a number of hypotheses about the impact of environmental turbulence, technological newness, technological distance and prior cooperation on the choice between different governance modes. Data about external technology sourcing transactions in the pharmaceutical industry do not provide evidence for a continuum from less to more integrated sourcing modes. However, we find that the ranking depends on the type of uncertainty, indicating that firms tackle different types of uncertainty with different governance modes.

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JO - Journal of Business Venturing

JF - Journal of Business Venturing

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