Value Cocreation and Wealth Spillover in Open Innovation Alliances1

Han, Oh, Im ., Chang, Pinsonneault · 2012 · MIS Quarterly

Summary. Open innovation alliances where competitors collaborate on technology development create significant economic value. Firms entering these alliances experience positive stock returns, with even greater gains when market leaders join late. Surprisingly, rival firms outside the alliance also benefit financially, with non-participating incumbents gaining the most. Innovation type and alliance openness affect returns, while partner diversity does not.

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Han, Oh, ., I., Chang, & Pinsonneault. (2012). Value Cocreation and Wealth Spillover in Open Innovation Alliances1. MIS Quarterly. https://doi.org/10.2307/41410418

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  title   = {Value Cocreation and Wealth Spillover in Open Innovation Alliances1},
  author  = {Han and Oh and Im . and Chang and Pinsonneault},
  journal = {MIS Quarterly},
  year    = {2012},
  doi     = {10.2307/41410418},
  url     = {https://doi.org/10.2307/41410418}
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Details

DOI: 10.2307/41410418
Countries: Canada, South Korea
Regions: North America, Asia
Categories: innovation-networks, innovation-theory, general-innovation
Added: 2026-04-28