The alliance innovation performance of R&D alliances—the absorptive capacity perspective

In this work we explore the role of interfirm R&D alliances as a vital mechanism for creating new technological knowledge. Drawing on the absorptive capacity perspective, we argue that firms with a high level of such capacity seem to benefit more from their alliances. Specifically, three indicators of technology strategy relevant to absorptive capacity, including proportion of R&D alliances in an alliance portfolio, technological distance, and...