Review of Managerial Science

, Volume 13, Issue 5, pp 1093–1120 | Cite as

Influence of alliance portfolio diversity on innovation performance: the role of internal capabilities of value creation

  • Doohee Chung
  • Marco Jinhwan Kim
  • Jina KangEmail author
Original Paper


In this study, we suggest a new perspective on the linkage between alliance portfolio diversity and innovation performance based on a contingency approach. Using a longitudinal data set on alliance portfolios and patents of 182 firms in the U.S. manufacturing industries, we examined that alliance portfolio diversity has a U-shaped relationship with firm-level innovation. Internal value creation capabilities in terms of routine and ability are found to moderate the relationship between alliance portfolio diversity and innovation performance: organizational search routine strengthens the relationship of alliance portfolio diversity and innovation performance while technological capabilities weaken and flip the relationship.


Alliance portfolio diversity Innovation performance Internal capabilities 

Mathematics Subject Classification




The Institute of Engineering Research at Seoul National University provided research facilities for this work.


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Authors and Affiliations

  1. 1.School of Global Entrepreneurship and ICTHandong Global UniversityPohangSouth Korea
  2. 2.Technology Management Economics and Policy Program (TEMEP)Seoul National UniversitySeoulSouth Korea

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