Morehead State University
The Impact of a Firms’ Strategic Alliance on its Innovation on Software Industry
Institution
Morehead State University
Faculty Advisor/ Mentor
Fatma Mohamed
Abstract
A firm is embedded in networks of relationships that often provide resources beyond those available from internal sources alone. The most important of a firm’s network of relationships are termed strategic alliances. A firm entry into strategic alliances is about leveraging the value of its internal resources with the external resources of its partners. From this relationship a firm may draw upon the resources those alliances generate to introduce new technologies or products to the market. To assess the effects of a firm’s strategic alliances on firm innovation in high tech industries, using a sample of 49 firms in software industry, this study propose that there is a positive relationship between firms’ strategic alliance and its innovation.
The Impact of a Firms’ Strategic Alliance on its Innovation on Software Industry
A firm is embedded in networks of relationships that often provide resources beyond those available from internal sources alone. The most important of a firm’s network of relationships are termed strategic alliances. A firm entry into strategic alliances is about leveraging the value of its internal resources with the external resources of its partners. From this relationship a firm may draw upon the resources those alliances generate to introduce new technologies or products to the market. To assess the effects of a firm’s strategic alliances on firm innovation in high tech industries, using a sample of 49 firms in software industry, this study propose that there is a positive relationship between firms’ strategic alliance and its innovation.