The marginal effect of external technologies on innovation speed under complexity

IF 11.1 1区管理学 Q1 ENGINEERING, INDUSTRIAL

Technovation Pub Date : 2025-02-01 DOI:10.1016/j.technovation.2024.103145

Yeolan Lee, Eric A. Fong

引用次数: 0

Abstract

Many organizations use external components in open innovation (OI) projects, which impacts their innovation search time. This paper builds theory about how innovation search time changes as OI projects adopt an increasing number of external components for innovation activity. It further examines how complexity moderates the relationship between the number of external components and innovation search time. Using a sample of 276 pharmaceutical product development projects, we found that complexity is an important moderator. Our results show that under low complexity there is an inverted U-shaped relationship between the number of external components and innovation search time. In contrast, under high complexity, there is a U-shaped relationship between the number of external components and innovation search time. Our results provide implications regarding the marginal effect of external technologies on innovation search time under varying degrees of complexity.

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来源期刊

Technovation 管理科学-工程：工业

CiteScore

15.10

自引率

11.20%

发文量

208

审稿时长

91 days

期刊介绍： The interdisciplinary journal Technovation covers various aspects of technological innovation, exploring processes, products, and social impacts. It examines innovation in both process and product realms, including social innovations like regulatory frameworks and non-economic benefits. Topics range from emerging trends and capital for development to managing technology-intensive ventures and innovation in organizations of different sizes. It also discusses organizational structures, investment strategies for science and technology enterprises, and the roles of technological innovators. Additionally, it addresses technology transfer between developing countries and innovation across enterprise, political, and economic systems.