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Knowledge Sharing Strategies and Innovation: The Impact of Business Group Affiliation in an Emerging Economy

Yıl 2022, Cilt: 22 Sayı: 4, 445 - 456, 03.10.2022
https://doi.org/10.21121/eab.1038898

Öz

Business groups provide a setting where affiliated firms, connected with various ties, share knowledge and enhance their innovative capabilities. The relations between knowledge sharing and innovation have been investigated in various contexts; however, whether firms connected with a business group utilize knowledge more than independent firms do in fostering innovations has been addressed to a lesser extent. Therefore, using survey data from 128 Turkish business group affiliated and independent manufacturing firms, this study examines the impact of explorative knowledge and exploitative knowledge sharing strategies on firms’ innovative activities and the moderating effect of business group affiliation in this relation. The findings indicate that while explorative and exploitative knowledge sharing enhance innovation, firms affiliated with business groups benefit less from both types of knowledge sharing than independent firms in terms of innovation. This study contributes to the business groups and knowledge research by examining whether groups create value for affiliated firms when firms operate in an emerging economy. The results of this study have policy and strategy implications in emerging economies and in the context of business groups.

Kaynakça

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Yıl 2022, Cilt: 22 Sayı: 4, 445 - 456, 03.10.2022
https://doi.org/10.21121/eab.1038898

Öz

Kaynakça

  • Aiken, L.S., & West, S.G. (1991). Multiple Regression: Testing and Interpreting Interactions. California, USA: Sage.
  • Almeida, H., & Wolfenzon, D. (2006). Should Business Groups Be Dismantled? The equilibrium costs of efficient internal capital markets. Journal of Financial Economics, 79(1), 99-144.
  • Anderson, J.C., & Gerbing, D.W. (1988). Structural Equation Modelling in Practice: A Review and Recommended Two-Step Approach. Psychological Bulletin, 103(3), 411-423.
  • Arikan, A.T. (2009). Inter-firm Knowledge Exchanges and the Knowledge Creation Capability of Clusters. Academy of Management Review, 34(4), 658-676.
  • Armstrong, J.S., & Overton, T.S. (1977). Estimating Nonresponse Bias in Mail Surveys. Journal of Marketing Research, 14(3), 396-402.
  • Atuahene-Gima, K. (2005). Resolving the Capability: Rigidity Paradox in New Product Innovation. Journal of Marketing, 69(4), 61-83.
  • Bagozzi, R.P., & Yi, Y. (1988). On the Evaluation of Structural Equation Models. Journal of the Academy of Marketing Science, 16(1), 74-94.
  • Belenzon, S., & Berkovitz, T. (2010). Innovation in Business Groups. Management Science, 56(3), 519-535.
  • Bell, G.G. (2005). Clusters, Networks and Firm Innovativeness. Strategic Management Journal, 26(3), 287-295.
  • Benner, M.J., & Tushman, M.L. (2003). Exploitation, Exploration and Process Management: The Productivity Dilemma Revisited. Academy of Management Review, 28(2), 238-256.
  • Bernal, P., Maicas, J.P., & Vargas, P. (2019). Exploration, Exploitation and Innovation Performance: Disentangling the Evolution of Industry. Industry and Innovation, 26(3), 295-320.
  • Bhaumik, S.K., Estrin, S., & Mickiewicz, T. (2017). Ownership Identity, Strategy and Performance: Business Group Affiliates versus Independent Firms in India. Asia Pacific Journal of Management, 34(2), 281-311.
  • Borda, A., Geleilate, J.M.G., Newburry, W., & Kundu, S.K. (2017). Firm Internationalization, Business Group Diversification and Firm Performance: The Case of Latin American Firms. Journal of Business Research, 72, 104-113.
  • Bucheli, M., Salvaj, E., & Kim, M. (2019). Better Together: How Multinationals Come Together with Business Groups in Times of Economic and Political Transitions. Global Strategy Journal, 9(2), 176-207.
  • Bugra, A. (1994). State and Business in Modern Turkey A Comparative Study. New York: State University of New York Press.
  • Carney, M., Gedajlovic, E.R., Heugens, P.P.M.A.R., van Essen, M., & van Oosterhout, J. (2011). Business Group Affiliation, Performance, Context and Strategy: A Meta-Analysis. Academy of Management Journal, 54(3), 437-460.
  • Carney, M., van Essen, M., Estrin, S., & Shapiro, D. (2018). Business Groups Reconsidered: Beyond Paragons and Parasites. Academy of Management Perspectives, 32(4), 493-516.
  • Castellacci, F. (2015). Institutional Voids or Organizational Resilience? Business Groups, Innovation and Market Development in Latin America. World Development, 70, 43-58.
  • Chang, S.J. (2006). Business Groups in East Asia: Post- crisis Restructuring and New Growth. Asia Pacific Journal of Management, 23(4), 407-417.
  • Chang, S.J., & Choi, U. (1988). Strategy, Structure and Performance of Korean Business Groups: A Transactions Cost Approach. The Journal of Industrial Economics, 37(2), 141-158.
  • Chang, S.J., Chung, C.N., & Mahmood, I.P. (2006). When and How Does Business Group Affiliation Promote Firm Innovation? A Tale of Two Emerging Economies. Organization Science, 17(5), 637-656.
  • Chang, S.J., & Hong, J. (2000). Economic Performance of Group-Affiliated Companies in Korea: Intra- group Resource Sharing and Internal Business Transactions. Academy of Management Journal, 43(3), 429-448.
  • Chen, C.J., Lin, B.W., Lin, J.Y., & Hsiao, Y.C. (2020). Learning-from-Parents: Exploitative Knowledge Acquisition and the Innovation Performance of Joint Venture. The Journal of Technology Transfer, 45(1), 228-258.
  • Chesbrough, H.W. (2003). The Era of Open Innovation. MIT Sloan Management Review, 44(3), 35-41.
  • Chiang, Y.H., & Hung, K.P. (2010). Exploring Open Search Strategies and Perceived Innovation Performance from the Perspective of Inter-organizational Knowledge Flows. R&D Management, 40(3), 292- 299.
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  • Lee, J.Y., Park, Y.R., Ghauri, P.N., & Park, B. (2014). Innovative Knowledge Transfer Patterns of Group- Affiliated Companies: The Effects on the Performance of Foreign Subsidiaries. Journal of International Management, 20(2), 107-123.
  • Lee, J.Y.,Yang,Y.S.,& Park, B.I.(2020). Interplaybetween Dual Dimensions of Knowledge Sharing within Globalized Chaebols: The Moderating Effects of Organization Size and Global Environmental Munificence. International Business Review, 29(6), 101637. https:// doi.org/10.1016/j.ibusrev.2019.101637.
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  • Singh, H., Kryscynski, D., Li, X., & Gopal, R. (2016). Pipes, Pools and Filters: How Collaboration Networks Affect Innovative Performance. Strategic Management Journal, 37(8), 1649-1666.
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  • Wang, C., Yi, J., Kafouros, M., & Yan, Y. (2015). Under What Institutional Conditions Do Business Groups Enhance Innovation Performance? Journal of Business Research, 68(3), 694-702.
  • Wilden, R., Hohberger, J., Devinney, T.M., & Lavie, D. (2018). Revisiting James March (1991): Whither Exploration and Exploitation? Strategic Organization, 16(3), 352- 369.
  • Wright, M., Filatotchev, I., Hoskisson, R.E., & Peng, M.P. (2005). Strategy Research in Emerging Economies: Challenging the Conventional Wisdom. Journal of Management Studies, 42(1), 1-34.
  • Yao, Z., Yang, Z., Fisher, G.J., Ma, C., & Fang, E. (2013). Knowledge Complementarity, Knowledge Absorption Effectiveness and New Product Performance: The Exploration of International joint Ventures in China. International Business Review, 22(1), 216-227.
  • Yiu, D., Bruton, G. D., & Lu, Y. (2005). Understanding Business Group Performance in an Emerging Economy: Acquiring Resources and Capabilities in Order to Prosper. Journal of Management Studies, 42(1), 183-206.
  • Yiu, D.W., Lu, Y., Bruton, G.D., & Hoskisson, R.E. (2007). Business Groups: An Integrated Model to Focus Future Research. Journal of Management Studies, 44(8), 1551-1579.
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  • Luo, X., & Chung, C. (2005). Keeping It All in the Family: The Role of Particularistic Relationships in Business Group Performance during Institutional Transition. Administrative Science Quarterly, 50(3), 404-439.
Toplam 120 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Konular İşletme
Bölüm Makaleler
Yazarlar

Özlem Özen 0000-0001-6061-0001

Erken Görünüm Tarihi 27 Haziran 2022
Yayımlanma Tarihi 3 Ekim 2022
Kabul Tarihi 13 Haziran 2022
Yayımlandığı Sayı Yıl 2022 Cilt: 22 Sayı: 4

Kaynak Göster

APA Özen, Ö. (2022). Knowledge Sharing Strategies and Innovation: The Impact of Business Group Affiliation in an Emerging Economy. Ege Academic Review, 22(4), 445-456. https://doi.org/10.21121/eab.1038898
AMA Özen Ö. Knowledge Sharing Strategies and Innovation: The Impact of Business Group Affiliation in an Emerging Economy. eab. Ekim 2022;22(4):445-456. doi:10.21121/eab.1038898
Chicago Özen, Özlem. “Knowledge Sharing Strategies and Innovation: The Impact of Business Group Affiliation in an Emerging Economy”. Ege Academic Review 22, sy. 4 (Ekim 2022): 445-56. https://doi.org/10.21121/eab.1038898.
EndNote Özen Ö (01 Ekim 2022) Knowledge Sharing Strategies and Innovation: The Impact of Business Group Affiliation in an Emerging Economy. Ege Academic Review 22 4 445–456.
IEEE Ö. Özen, “Knowledge Sharing Strategies and Innovation: The Impact of Business Group Affiliation in an Emerging Economy”, eab, c. 22, sy. 4, ss. 445–456, 2022, doi: 10.21121/eab.1038898.
ISNAD Özen, Özlem. “Knowledge Sharing Strategies and Innovation: The Impact of Business Group Affiliation in an Emerging Economy”. Ege Academic Review 22/4 (Ekim 2022), 445-456. https://doi.org/10.21121/eab.1038898.
JAMA Özen Ö. Knowledge Sharing Strategies and Innovation: The Impact of Business Group Affiliation in an Emerging Economy. eab. 2022;22:445–456.
MLA Özen, Özlem. “Knowledge Sharing Strategies and Innovation: The Impact of Business Group Affiliation in an Emerging Economy”. Ege Academic Review, c. 22, sy. 4, 2022, ss. 445-56, doi:10.21121/eab.1038898.
Vancouver Özen Ö. Knowledge Sharing Strategies and Innovation: The Impact of Business Group Affiliation in an Emerging Economy. eab. 2022;22(4):445-56.