دانلود رایگان مقاله تأثیر سرمایه گذاری های خاص، مکانیزم های حکمرانی و رفتارها بر عملکرد پروژه های نوآوری تعاونی

Abstract

Inter-organizational collaborative innovation projects are increasingly cited as a “best practice” in R&D activities, this study seeks to understand the factors affecting performance of cooperative innovation projects from a new perspective: specific investments. Specific investments is important to the value creation for inter-organizational projects, however which can induce the “hold-up” problem, formal contracts and relational trust are two typical governance mechanisms employed to safeguard specific investments. This paper tests the effects of both mechanisms simultaneously using empirical studies focused on Chinese cooperative innovation projects, exploring the effects of specific investments, governance mechanisms and behaviors on cooperative innovation projects performance. The findings demonstrate that specific investments favor both, the formation of formal contracts and relational trust, and the effect of specific investments to performance is mainly influenced by relational trust. As such, this study contributes to governance theories in cooperative innovation projects management literature by empirically showing how specific investments affect cooperative innovation projects performance. © 2016 Elsevier Ltd. APM and IPMA. All rights reserved.

5. Conclusions

In the past two decades, there has been a sustained interest in both practices and studies on interorganizational innovation projects (Eriksson et al., 2016). Despite the increasing reliance on projects as an organization mode, few studies have investigated how SIs are managed in cooperative innovation projects. As Smyth and Morris (2007) point out that project management can be observed in its multidisciplinary nature and the way it draws upon a range of social (and natural) sciences, based on transaction costs economics and relational exchange theory, as well as project governance and innovation management literature, we extend prior literature by focusing on SIs in the less studied CIP setting. From the perspective of internal organization, we discuss two distinctive mechanisms linking SIs and performance in the process of cooperative innovation projects. Transaction costs economics and relational exchange theory consider that FCs and RT are two GMs for specific investments, and they can affect the behaviors of the partners, thus affecting the PCIPs.