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
N2 - 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.
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.
M3 - Article
SN - 0883-9026
VL - 24
SP - 62
EP - 80
JO - Journal of Business Venturing
JF - Journal of Business Venturing
IS - 1
ER -