Technology Alliance Portfolios and Financial Performance: Value‐Enhancing and Cost‐Increasing Effects of Open Innovation<sup>*</sup>
Summary. Belgian manufacturing firms using diverse technology alliances boost product innovation and financial performance indirectly, but face direct costs that initially outweigh gains. The study confirms that open innovation through external partnerships strengthens internal innovation efforts, yet managers must account for the substantial coordination and management expenses of maintaining multiple technology alliances alongside their long-term financial benefits.
Cite this article
Faems, D., Visser, M. D., Andries, P., & Looy, B. V.. (2010). Technology Alliance Portfolios and Financial Performance: Value‐Enhancing and Cost‐Increasing Effects of Open Innovation<sup>*</sup>. Journal of Product Innovation Management. https://doi.org/10.1111/j.1540-5885.2010.00752.x
Faems, Dries, et al. “Technology Alliance Portfolios and Financial Performance: Value‐Enhancing and Cost‐Increasing Effects of Open Innovation<sup>*</sup>.” Journal of Product Innovation Management, 2010. https://doi.org/10.1111/j.1540-5885.2010.00752.x.
Faems, Dries, Matthias de Visser, Petra Andries, and Bart Van Looy. 2010. “Technology Alliance Portfolios and Financial Performance: Value‐Enhancing and Cost‐Increasing Effects of Open Innovation<sup>*</sup>.” Journal of Product Innovation Management. https://doi.org/10.1111/j.1540-5885.2010.00752.x.
@article{faems-2010-technology-alliance-portfolios-financial-performance,
title = {Technology Alliance Portfolios and Financial Performance: Value‐Enhancing and Cost‐Increasing Effects of Open Innovation<sup>*</sup>},
author = {Dries Faems and Matthias de Visser and Petra Andries and Bart Van Looy},
journal = {Journal of Product Innovation Management},
year = {2010},
doi = {10.1111/j.1540-5885.2010.00752.x},
url = {https://doi.org/10.1111/j.1540-5885.2010.00752.x}
}
TY - JOUR TI - Technology Alliance Portfolios and Financial Performance: Value‐Enhancing and Cost‐Increasing Effects of Open Innovation<sup>*</sup> AU - Dries Faems AU - Matthias de Visser AU - Petra Andries AU - Bart Van Looy JO - Journal of Product Innovation Management PY - 2010 DO - 10.1111/j.1540-5885.2010.00752.x UR - https://doi.org/10.1111/j.1540-5885.2010.00752.x ER -
Details
- DOI
- 10.1111/j.1540-5885.2010.00752.x
- Countries
- Belgium
- Regions
- Europe
- Categories
- innovation-networks, innovation-theory, general-innovation
- Added
- 2026-04-28