Integrating Third Parties in Digitally Mature Companies: Determinants of Innovation Success

We develop and empirically analyse a theoretical model that examines both the antecedents of digital maturity and the involvement of external third parties in companies undergoing digital transformation. We use structural equation modelling technique to test our propositions using the survey data from IT executives on self-reported importance scores they assign to different types of IT competences. We find that digitally mature companies are more likely to establish partnerships with the third parties with a purpose of jointly carrying out digital innovation projects.