Rights statement: This is the author’s version of a work that was accepted for publication in Journal of Business Research. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Journal of Business Research, 119, 2019 DOI: 10.1016/j.jbusres.2019.08.014
Accepted author manuscript, 433 KB, PDF document
Available under license: CC BY-NC-ND: Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License
Final published version
Research output: Contribution to Journal/Magazine › Journal article › peer-review
| <mark>Journal publication date</mark> | 1/10/2020 |
|---|---|
| <mark>Journal</mark> | Journal of Business Research |
| Volume | 119 |
| Number of pages | 13 |
| Pages (from-to) | 172-184 |
| Publication Status | Published |
| Early online date | 20/08/19 |
| <mark>Original language</mark> | English |
Drawing on stakeholder and organizational learning theories, this study investigates when and how diverse types of formal mechanisms with varying levels of adaptation and integration properties for bonding stakeholders, including legal bonds and operational linkages, affect a firm's vertical stakeholder collaborations in new product development (NPD). It also explores how vertical stakeholder collaborations in NPD affect a firm's innovativeness and its eventual performance outcomes under technological turbulence. The study contributes to the stakeholder literature by focusing on diverse types of formal mechanisms rather than a single type of formal mechanism for bonding stakeholders. Survey data of 146 firms in Turkey evidence that while legal bonds decrease the likelihood of establishing vertical stakeholder collaborations during technological turbulence, such collaborations enhance firm innovativeness for focal firms holding operational linkages. Moreover, vertical stakeholder collaborations improve firm innovativeness under technological turbulence and enhance firm performance through new product performance.