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Stakeholder diversity and collaborative innovation: Integrating the resource-based view with stakeholder theory

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  • Ozdemir, Sena
  • Carlos Fernandez de Arroyabe, Juan
  • Sena, Vania
  • Gupta, Suraksha

Abstract

This paper uses Stakeholder Theory to build on the Resource-Based View (RBV) of the firm – and its extension, the Knowledge-Based View (KBV) – and theoretically and empirically assesses how a choice of stakeholders with a diverse set of interests and motives affects the development of collaborative innovation. Theoretically, the paper discusses how collaborating with stakeholders with diverse motives and interests affects the development of diverse types of innovations; and whether and how a focal organisation's access to diverse information sources may influence the behaviour of different types of collaborators. The empirical analysis is based on Spanish Technological Innovation Panel (2015–2016) data. The results show that collaborations with secondary (primary) stakeholders are typically associated with the likelihood of developing eco-innovations (product and process innovations) and increased demand for skilled workers. We also find that access to diverse information sources is associated with the likelihood of collaborating with primary stakeholders only.

Suggested Citation

  • Ozdemir, Sena & Carlos Fernandez de Arroyabe, Juan & Sena, Vania & Gupta, Suraksha, 2023. "Stakeholder diversity and collaborative innovation: Integrating the resource-based view with stakeholder theory," Journal of Business Research, Elsevier, vol. 164(C).
    • Handle: RePEc:eee:jbrese:v:164:y:2023:i:c:s0148296323003132
    DOI: 10.1016/j.jbusres.2023.113955
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    Cited by:

    1. Deepak Sharma & Pravin Kumar & Rajesh Kumar Singh, 2024. "Framework for evaluating sustainability index of a manufacturing system: a case illustration," Operations Management Research, Springer, vol. 17(2), pages 569-595, June.
    2. Tao, Zhibin & Chao, Jiaxiao, 2024. "Unlocking new opportunities in the industry 4.0 era, exploring the critical impact of digital technology on sustainable performance and the mediating role of GSCM practices," Innovation and Green Development, Elsevier, vol. 3(3).
    3. Jianwei Li & Deyu Zhong & Haoyu Ru & Lixia Jia, 2024. "Assessing the Nexus between Supplier and Customer Integration and Environmental Cost Performance: Insights into the Role of Digital Transformation," Sustainability, MDPI, vol. 16(14), pages 1-19, July.
    4. Sergey N. Kukushkin & Aleksei V. Bogoviz & Yuliya V. Chutcheva & Larisa S. Korobeinikova & Svetlana V. Lobova, 2024. "Target SAP-LAP Model for Sustainable Development of Russian Universities in the Decade of Science and Technology," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 25(1), pages 123-138, September.
    5. Rabab Ali Abumalloh & Mehrbakhsh Nilashi & Keng Boon Ooi & Garry Wei-Han & Tat-Huei Cham & Yogesh K. Dwivedi & Laurie Hughes, 2024. "The adoption of metaverse in the retail industry and its impact on sustainable competitive advantage: moderating impact of sustainability commitment," Annals of Operations Research, Springer, vol. 342(1), pages 5-46, November.

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