{"id":"https://openalex.org/W2014606594","doi":"https://doi.org/10.2753/mis0742-1222280205","title":"R&amp;D Versus Acquisitions: Role of Diversification in the Choice of Innovation Strategy by Information Technology Firms","display_name":"R&amp;D Versus Acquisitions: Role of Diversification in the Choice of Innovation Strategy by Information Technology Firms","publication_year":2011,"publication_date":"2011-10-01","ids":{"openalex":"https://openalex.org/W2014606594","doi":"https://doi.org/10.2753/mis0742-1222280205","mag":"2014606594"},"language":"en","primary_location":{"id":"doi:10.2753/mis0742-1222280205","is_oa":false,"landing_page_url":"https://doi.org/10.2753/mis0742-1222280205","pdf_url":null,"source":{"id":"https://openalex.org/S9954729","display_name":"Journal of Management Information Systems","issn_l":"0742-1222","issn":["0742-1222","1557-928X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Management Information Systems","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5046472405","display_name":"Rajiv D. Banker","orcid":"https://orcid.org/0000-0001-8082-7312"},"institutions":[{"id":"https://openalex.org/I84392919","display_name":"Temple University","ror":"https://ror.org/00kx1jb78","country_code":"US","type":"education","lineage":["https://openalex.org/I84392919"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Rajiv D. Banker","raw_affiliation_strings":["a Center for Accounting and Information Technology at the Fox School of Business, Temple University","Center for Accounting and Information Technology at the Fox School of Business, Temple University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"a Center for Accounting and Information Technology at the Fox School of Business, Temple University","institution_ids":["https://openalex.org/I84392919"]},{"raw_affiliation_string":"Center for Accounting and Information Technology at the Fox School of Business, Temple University","institution_ids":["https://openalex.org/I84392919"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5037935758","display_name":"Sunil Wattal","orcid":"https://orcid.org/0000-0003-4078-5052"},"institutions":[{"id":"https://openalex.org/I84392919","display_name":"Temple University","ror":"https://ror.org/00kx1jb78","country_code":"US","type":"education","lineage":["https://openalex.org/I84392919"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Sunil Wattal","raw_affiliation_strings":["b Fox School of Business, Temple University","Fox School of Business, Temple University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"b Fox School of Business, Temple University","institution_ids":["https://openalex.org/I84392919"]},{"raw_affiliation_string":"Fox School of Business, Temple University","institution_ids":["https://openalex.org/I84392919"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5050466443","display_name":"Jose M. Plehn-Dujowich","orcid":null},"institutions":[{"id":"https://openalex.org/I84392919","display_name":"Temple University","ror":"https://ror.org/00kx1jb78","country_code":"US","type":"education","lineage":["https://openalex.org/I84392919"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Jose M. Plehn-Dujowich","raw_affiliation_strings":["b Fox School of Business, Temple University","Fox School of Business, Temple University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"b Fox School of Business, Temple University","institution_ids":["https://openalex.org/I84392919"]},{"raw_affiliation_string":"Fox School of Business, Temple University","institution_ids":["https://openalex.org/I84392919"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I84392919"],"apc_list":null,"apc_paid":null,"fwci":5.2315,"has_fulltext":false,"cited_by_count":37,"citation_normalized_percentile":{"value":0.95388639,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"28","issue":"2","first_page":"109","last_page":"144"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10393","display_name":"Economic Growth and Productivity","score":0.9926000237464905,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10393","display_name":"Economic Growth and Productivity","score":0.9926000237464905,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12851","display_name":"Firm Innovation and Growth","score":0.972599983215332,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10003","display_name":"Innovation and Knowledge Management","score":0.9714999794960022,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/diversification","display_name":"Diversification (marketing strategy)","score":0.7464094758033752},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.6032593846321106},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.5494182109832764},{"id":"https://openalex.org/keywords/knowledge-management","display_name":"Knowledge management","score":0.46480289101600647},{"id":"https://openalex.org/keywords/information-technology","display_name":"Information technology","score":0.44363996386528015},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.41560953855514526},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.21171030402183533}],"concepts":[{"id":"https://openalex.org/C180916674","wikidata":"https://www.wikidata.org/wiki/Q3711935","display_name":"Diversification (marketing strategy)","level":2,"score":0.7464094758033752},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6032593846321106},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.5494182109832764},{"id":"https://openalex.org/C56739046","wikidata":"https://www.wikidata.org/wiki/Q192060","display_name":"Knowledge management","level":1,"score":0.46480289101600647},{"id":"https://openalex.org/C121017731","wikidata":"https://www.wikidata.org/wiki/Q11661","display_name":"Information technology","level":2,"score":0.44363996386528015},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.41560953855514526},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.21171030402183533},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2753/mis0742-1222280205","is_oa":false,"landing_page_url":"https://doi.org/10.2753/mis0742-1222280205","pdf_url":null,"source":{"id":"https://openalex.org/S9954729","display_name":"Journal of Management Information Systems","issn_l":"0742-1222","issn":["0742-1222","1557-928X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Management Information Systems","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.6800000071525574,"id":"https://metadata.un.org/sdg/9","display_name":"Industry, innovation and infrastructure"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":56,"referenced_works":["https://openalex.org/W18200074","https://openalex.org/W599503389","https://openalex.org/W1021927498","https://openalex.org/W1485653398","https://openalex.org/W1485676192","https://openalex.org/W1497947628","https://openalex.org/W1549877017","https://openalex.org/W1572028428","https://openalex.org/W1607458463","https://openalex.org/W1980391687","https://openalex.org/W1990333450","https://openalex.org/W1992225032","https://openalex.org/W1992598870","https://openalex.org/W1994463998","https://openalex.org/W2008056941","https://openalex.org/W2016273522","https://openalex.org/W2020353877","https://openalex.org/W2024042997","https://openalex.org/W2030121826","https://openalex.org/W2040198418","https://openalex.org/W2050306112","https://openalex.org/W2060827592","https://openalex.org/W2060852002","https://openalex.org/W2062649295","https://openalex.org/W2064466505","https://openalex.org/W2073418367","https://openalex.org/W2084957950","https://openalex.org/W2102178344","https://openalex.org/W2102682787","https://openalex.org/W2104948296","https://openalex.org/W2108795964","https://openalex.org/W2108818539","https://openalex.org/W2129385606","https://openalex.org/W2135183477","https://openalex.org/W2142207668","https://openalex.org/W2144417994","https://openalex.org/W2156576580","https://openalex.org/W2158436640","https://openalex.org/W2162484441","https://openalex.org/W2170302370","https://openalex.org/W2170733167","https://openalex.org/W2280834791","https://openalex.org/W2801490189","https://openalex.org/W3121537542","https://openalex.org/W3122472189","https://openalex.org/W3122866201","https://openalex.org/W3124175488","https://openalex.org/W3124317057","https://openalex.org/W3124784418","https://openalex.org/W3124831504","https://openalex.org/W3125765186","https://openalex.org/W3125843323","https://openalex.org/W3140050079","https://openalex.org/W4237274722","https://openalex.org/W4252028559","https://openalex.org/W4294796673"],"related_works":["https://openalex.org/W4389391504","https://openalex.org/W4301410663","https://openalex.org/W4312472185","https://openalex.org/W2382761395","https://openalex.org/W2358904772","https://openalex.org/W2897048536","https://openalex.org/W2480512091","https://openalex.org/W1992879293","https://openalex.org/W2386248144","https://openalex.org/W2141677611"],"abstract_inverted_index":{"This":[0],"research":[1,36],"examines":[2],"the":[3,12,28,42,58,63,80,84,90,93],"role":[4],"of":[5,14,105],"diversification":[6,61,106,118],"on":[7,74,123,133],"incumbent":[8,25],"firms'":[9],"response":[10],"to":[11,56,65,87,110],"threat":[13],"new":[15,23,43],"entry.":[16],"When":[17],"faced":[18],"with":[19,101],"threats":[20],"posed":[21],"by":[22],"technologies,":[24],"firms":[26,78,100],"in":[27,79,125,135],"information":[29],"technology":[30],"(IT)":[31],"industry":[32,82],"can":[33],"either":[34],"perform":[35,68],"and":[37,62],"development":[38],"(R&D),":[39],"or":[40],"acquire":[41,66],"entrants":[44],"who":[45],"are":[46,107],"successful":[47],"at":[48],"innovating.":[49],"We":[50,70],"use":[51],"a":[52,102,120,130],"two-stage":[53],"game-theoretic":[54],"framework":[55],"model":[57],"relation":[59],"between":[60],"decision":[64],"versus":[67],"R&D.":[69,116,136],"also":[71],"collect":[72],"data":[73],"financial":[75],"indicators":[76],"for":[77],"IT":[81],"using":[83],"Compustat":[85],"database":[86],"empirically":[88],"test":[89],"propositions":[91],"from":[92],"analytical":[94],"model.":[95],"Our":[96],"results":[97],"suggest":[98],"that":[99],"higher":[103],"degree":[104],"more":[108],"likely":[109],"innovate":[111],"through":[112,115],"acquisition":[113],"than":[114],"Moreover,":[117],"has":[119],"positive":[121],"effect":[122,132],"investment":[124,134],"acquisitions,":[126],"as":[127,129],"well":[128],"negative":[131]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":6},{"year":2016,"cited_by_count":4},{"year":2015,"cited_by_count":4},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":4},{"year":2012,"cited_by_count":1}],"updated_date":"2026-07-29T09:40:50.615796","created_date":"2025-10-10T00:00:00"}
